London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Hungry for a sweet property deal? Lord Sugar puts City of London property on market September 9, 2014 Hungry for a sweet property deal? Lord Sugar has fired the starting gun on bids to lease his 40,000 sq ft property The Sugar Building and he is open for tempting offers from a single occupier. Looking at the accompanying image, the building is still under wraps – but interested parties should get [...]
Amazon slashes the price of its Fire smartphone to 99 cents – weeks before its UK launch September 9, 2014 Amazon has slashed the price of its less-than-popular smartphone to 99 cents just a month and a bit after it launched in the US, and weeks before its UK launch. Alas, the deal (99 cents with a two-year contract from AT&T) is only available in the US, but still – it suggests quite how disappointing [...]
Mark Carney to discuss wages in speech at Trades Union Congress September 9, 2014 Mark Carney will discuss his plans for real wages in an address to the Trades Union Congress (TUC) later today. The prospect of an interest rate rise continues to shadow the governor, and members of the TUC are expected to tell Carney to reject a hike until real wages show signs of strengthening. The Canadian [...]
iPhone 6 launch: Five things you need to know about new Apple designer Marc Newson September 9, 2014 As fanboys and investors alike get the popcorn in for tonight's big Apple launch, the rumour-mill has gone into overdrive about what exactly is going to be announced tonight. We're 99 per cent sure the iPhone 6 is going to be part of it – the phone is expected to come in two sizes (with [...]
Strong pound pushes trade deficit wider as industrial output grows 0.5pc September 9, 2014 The impact of the strong pound continued to be felt in July by businesses with fingers in pies abroad, figures by the Office for National Statistics published this morning showed, with the UK's trade deficit widening to £3.3bn, up from £2.5bn the month before, despite the fact imports to the UK rose. The deficit on [...]
Malaysia Airlines flight MH17 was pierced by “high energy objects” from outside the plane September 9, 2014 Malaysia Airlines flight MH17 was hit by numerous “high-energy objects” that “pierced the plane at high speed”, according to a report published by the Dutch Safety Board this morning. The Boeing 777-200 broke up in the air as a result of the objects which “penetrated the aircraft from outside”, the report said. There were [...]
Scottish independence: Pound continues to slide as Brown enters the fray September 9, 2014 More pain for the pound. After falling by almost 1.4 per cent yesterday, sterling looks to be continuing its slide against the dollar today, as the markets stare the possibility of an independent Scotland in the face. With polls so close, the No campaign has brought a former political hitman out of his cosy retirement: Gordon [...]
Dixons Carphone reports “good start” but mobile sales drop September 9, 2014 Dixons Carphone will breeze into the FTSE 100 on 22 September, the newly formed company announced today. The £3.6bn merger of Dixons Retail and Carphone Warehouse was completed on 7 August, and the company says it has made a "good start" in the period since. Dixons Retail recorded a four per cent increase in like-for-like [...]
Quindell share price soars as court rules Gotham City Research’s accusations “were wrong” September 9, 2014 Quindell has won its libel claim against analyst Gotham City Research, with shares in the company rising as high as 11 per cent in reaction to the news this morning. The British insurance outsourcer issued libel proceedings against Gotham in April after it had posted a critical report on Quindell, describing it as "a country [...]
Whitbread share price rises as Costa Coffee injects caffeine into sales September 9, 2014 Shares in leisure giant Whitbread opened 1.6 per cent higher, after it posted a trading statement showing Costa Coffee delivered like-for-like sales of 5.8 per cent in the 24 weeks to 14 August, helping to make up for more sluggish growth of 3.1 per cent in its restaurants. Costa enjoyed growth in worldwide sales of [...]