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Business

  • The Chinese city of Chongqing has created the world’s first lane for mobile phone-using pedestrians

    September 15, 2014

    Anyone who has spent time in a city is familiar with the frustrations of phone zombies – the strange, hunched figures absent-mindedly wandering into oncoming pedestrians' paths because they're too busy using their phones to look where they're going. Now the Chinese city of Chongqing has solved the problem, by creating the world's first lane [...]

  • Scottish independence: Fears of a Yes victory drive investors to ditch £17bn in a month

    September 15, 2014

    Investors  ditched £17bn of shares, bonds and assorted financial assets in the last month as fears grow that the Yes campaign could triumph in Scotland. Click to see what the bookies are predicting According to a report in The Times, the assets were dumped after the tide of business opinion, while never with the Yes camp, has [...]

  • Galliford Try lands £360m development for 1,100 homes in east London

    September 15, 2014

    Housebuilding and construction group Galliford Try has been chosen as the preferred developer by the Greater London Authority to build the Silvertown Way development. Located in Canning Town, East London with over 1,100 mixed tenure homes across 11 blocks, the gross development comes to a hefty £360m, ranking it as the largest standalone scheme Galliford [...]

  • bto test

    September 15, 2014

    It's the week of the Scottish independence and, with the added excitement of a monetary policy meeting at the Federal Reserve European markets are expected to open down. The latest jobs numbers aside, US numbers have been generally positive and a shift in tone regarding an interest rate rise is expected from the fed sooner rather [...]

  • Floyd Mayweather career earnings rise to $420m after Marcos Maidana rematch triumph

    September 15, 2014

    Boxer Floyd Mayweather overcame Marcos Maidana for a second time in Las Vegas last night, adding yet more millions to his stratospheric career earnings.   Despite picking up more bumps and bruises than he’s usually used to in a fight that went the distance, Mayweather was awarded his 47th successive victory on a unanimous decision [...]

  • IPO plans on ice amid Scottish independence Yes vote fears

    September 14, 2014

    A number of firms are putting stock market flotation plans on hold ahead of the Scottish referendum, fearing market turmoil could throw the initial public offerings (IPOs) off track. Reports of deals being delayed comes as a group of polls showed the No campaign edging ahead and Prime Minister David Cameron headed to Aberdeen today [...]

  • Exclusive: Jon Moulton hits out at Sir Stelios for crowd funding exploitation

    September 14, 2014

    Celebrity business leaders may be using crowd funding websites to exploit retail investors, the outspoken private equity guru Jon Moulton claims today.   Moulton singles out easyJet founder Sir Stelios Haji-Ioannou as one example of a name using his position to foist over-priced shares on to small investors in his new easyProperty estate agency.   [...]

  • Tour of Britain’s capital finale caps a fine year for UK cycling

    September 14, 2014

    Thousands of people turned out yesterday for the closing stages of the Tour of Britain race in central London. Defending champion Sir Bradley Wiggins was victorious in the first race of the day, the individual time trial. Racers sped along Upper Thames Street as they passed under Blackfriars Bridge and took in views of the [...]

  • Phones 4u collapses after key partner EE hangs up

    September 14, 2014

    High street mobile retailer Phones 4u has collapsed into administration after being dropped by its last re­maining network partner EE. In a statement last night, the group’s private equity owner BC Partners said it had no option but to call in administrators after being informed by EE that it would not be renewing its contract [...]

  • Scottish independence referendum: Queen hints at support for union and tells Scots to think carefully

    September 14, 2014

    The Queen spoke out for the first time on the Scottish referendum debate yesterday, telling a well-wisher as she left church in Balmoral that voters should think carefully about how they cast their ballot this week. Speaking as she left Crathie Kirk, the Queen said: “I hope that people will think very carefully about the [...]

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