Shares in Snapchat maker Snap jump as revenues and user numbers beat expectations February 6, 2018 Snap’s stock has jumped by more than 25 per cent as the company beat expectations after a tough first year as a publicly listed company. The Snapchat messaging app owner said its revenue rose 72 per cent to $285m in the three months to the end of December, beating analyst expectations, while its net loss [...]
Chelsea set to keep faith with Antonio Conte despite sudden dip in form and tensions with club February 6, 2018 Chelsea look set to keep faith with manager Antonio Conte despite the club’s nosediving form intensifying speculation that the Italian’s departure is only a matter of time. Conte appeared to invite the club to sack him following Monday’s 4-1 defeat at Watford – their third loss in four games, and part of a longer sequence [...]
Warren Gatland happy to indulge in mind games prior to Wales’s Six Nations showdown with England at Twickenham February 6, 2018 Wales head coach Warren Gatland has made an early bid to shift the pressure onto England prior to their Six Nations showdown on Saturday by depicting himself as apprentice to Eddie Jones’s master. The two sides meet on Saturday in what is set to be a pivotal fixture in determining the outcome of this year’s [...]
EU warns Apple’s bid for Shazam could hit competition ahead of a probe into the deal February 6, 2018 The European Commission has said Apple’s takeover of Shazam could have a significant impact on competition in Europe. The EU’s antitrust regulator will look into the iPhone maker’s acquisition of the UK-based music discovery app following a request from seven countries. Austria, France, Iceland, Italy, Norway, Spain and Sweden requested that the Commission assess the [...]
Our resident chef Mark Hix on the versatility of an old favourite: ricotta cheese February 6, 2018 Ricotta is one of those great, versatile cheeses, ideal for both sweet and savoury dishes and appropriate at any time of the year. It’s actually a byproduct of rennet-coagulated cheesemaking, so it’s also environmentally sound. My fondest memory of ricotta – and believe me, there have been many fond memories – came about 20 years [...]
Bitcoin is a bubble, a Ponzi scheme and an environmental disaster, the Bank of International Settlements’ head says February 6, 2018 The head of the Bank of International Settlements (BIS) has warned that central banks must be prepared to act against cryptocurrencies, which he labeled “a bubble, a Ponzi scheme and an environmental disaster”. Agustin Carstens, the general manager of the BIS, said bitcoin raises concerns about consumer and investor protection. “Appropriate authorities have a duty [...]
An adviser to John McDonnell has confirmed Labour is planning for run on pound, capital flight February 6, 2018 An adviser to John McDonnell has admitted Labour is planning for a run on the pound and capital flight should a Jeremy Corbyn-led government come into power. Richard Barbrook, university lecturer and games strategist for the shadow chancellor, told socialist magazine The Clarion the team was thinking about “the obvious problems which might face a [...]
Leisure spending to hold up in 2018 but fails to give boost to struggling eating out industry February 6, 2018 Leisure spending will hold up in the UK this year as millennials flock to the pub. Consumers reported that they expected to spend more on enjoying themselves in 2018, according to Deloitte’s quarterly survey. Spending held up in the final quarter of 2017, especially amongst millennials who drove a resurgence in spending at pubs and [...]
Risk of a no deal Brexit isn’t rising, says Bank of England’s newest policymaker Elisabeth Stheeman February 6, 2018 The Bank of England’s newest policy maker said today that the risk of a “no deal” Brexit was not rising. Elisabeth Stheeman, now an external member of the Bank’s Financial Policy Committee (FPC), appeared in front of the Treasury select committee today, and said that leaving the EU without a deal would damage both the [...]
DEBATE: Should we pay more tax to increase funding for the NHS? February 6, 2018 Should we pay more tax to increase funding for the NHS? Dr Clare Gerada, medical director of the NHS Practitioner Health Programme and former chairwoman of the Royal College of GPs, says YES. The NHS is our most treasured national institution. But it is clear that current funding is not keeping pace with need. Year [...]