Counterstrike gamer’s Twitch live stream crashed by SWAT team in remarkable video August 28, 2014 The stranger side of Amazon's recent acquisition, Twitch: a professional gamer’s live streaming session was crashed by a SWAT team, a surreal event captured in a remarkable YouTube video. Jordan Mathewson, who games under the alias “Kootra”, found himself the unfortunate victim of a prank known in the gaming community as “swatting”. According [...]
Migration to the UK from the EU soars August 28, 2014 Net migration to the UK soared by 243,000 in the past year, figures from the Office for National Statistics (ONS) show. Between 2013 and 2014, immigration rose from 492,000 to 560,000, while emigration remained stable at 316,000. The result was net migration of 243,000 for the twelve months to March 2014, up from 175,000 during the [...]
Deutsche Bank fined £4.7 million by FCA for failing to report transactions correctly August 28, 2014 Another day, another fine. This time it's Deutsche Bank which has received a slap on the wrist, to the tune of £4.7m, for incorrectly reporting transactions. The Financial Conduct Authority handed out the penalty just a day after handing RBS a £15m fine over mortgage mis-selling. Deutsche Bank failed to properly report nearly 30 million [...]
NHS reforms will force pharmaceutical companies to lower cancer drug prices August 28, 2014 NHS England will today announce plans to change the cost approval system for cancer drugs, potentially making pioneering drugs available even if the NHS's cost watchdog says they don't represent value for money. The plans involve increasing funding for the Cancer Drugs Fund (CDF), a government body set up by David Cameron in 2010, [...]
Lending to small businesses under Funding for Lending falls £435m August 28, 2014 Net lending to small businesses under the Funding for Lending scheme, the government's attempt to persuade banks to lend to businesses cheaply, fell £435m in the three months to the end of June, figures from the Bank of England have shown. Although the net lending figure does not show a total – instead, it shows [...]
The best quotes from Paddy Power’s results: John Cleese, David Moyes and squirrels August 28, 2014 Paddy Power’s payouts to customers were “costlier than John Cleese's divorce payments”, it revealed in its half year results- but that’s not all. The stunt-loving bookie has a way with words that makes for a more interesting read than the usual corporate earnings. Here are the best bits: That John Cleese reference Football punters, and [...]
Paddy Power boasts record customers but profits fall on “punter friendly” sports results costing “more than John Cleese’s divorce payments” August 28, 2014 Online betting firm Paddy Power boasted a record number of new online customers in the first half of the year – but “punter friendly” results proved “more costly than John Cleese’s divorce payments”, sending pre-tax profits down. Profits before tax dropped 20 per cent to €62m (£49m), or 13 per cent on a constant currency [...]
Michel Platini won’t run against Sepp Blatter in Fifa presidency election August 28, 2014 Michel Platini will not run against Sepp Blatter for the presidency of Fifa, it has emerged today. The current Uefa president and former France footballer had been considering a bid for the leadership of football's governing body, which he described in June as being in need of a "new breath of fresh air". [...]
Scottish broadcaster STV doubles dividend as it reduces debt August 28, 2014 Scottish broadcaster and production company STV is doubling its interim dividend to 2p a share after first half operating profit swelled by 20 per cent to nearly £10m. Revenues at the business, which airs The X Factor and soaps Emmerdale and Coronation Street north of the border as well as producing series including Catchphrase, climbed [...]
European confidence falls as German unemployment rises August 28, 2014 Confidence in the Eurozone has fallen to an eight-month low, according to figures published by the European Commission this morning. According to the survey, economic sentiment in Europe fell in August to 100.6 on its index, down from 102.1 in July, while consumer sentiment fell to -10.0, from -8.4. The fall "resulted from deterioration in [...]