Geneva Motor Show 2017: Six of the craziest concept cars, from VW’s driverless pod to Toyota’s electric city car March 7, 2017 One of the most exciting aspects of the Geneva Motor Show is the slew of concept vehicles unveiled: from the fantastic to the downright bizarre. Here are some of the more exciting ones revealed at the 2017 showing… Read more: The five coolest supercars at the LA motor show 1. VW's Sedric You may not even [...]
London Bridge train and tube disruption to continue after station was evacuated and closed in police security alert March 7, 2017 Delays and cancellations were expected on all lines from London Bridge, Cannon Street and Charing Cross well into rush hour, after London Bridge was placed on lockdown by police after reports of a suspicious vehicle this afternoon. #LondonBridge – London Charing Cross, London Cannon Street and London Bridge are expected to be extremely busy. — [...]
Inmarsat reveals $3bn savings through embracing its satellite technology March 7, 2017 Satellite firm Inmarsat said today its technology has saved airlines $3bn by enabling planes to fly closer to one another, among other things. The FTSE 250 firm compiled a report in association with specialist consultancy Helios. It concluded $1.1bn had been saved through a single air traffic control system and a further $1.9bn was spared by improving the communications with airline control [...]
LSL property services gets £32m boost from selling Zoopla shares March 7, 2017 LSL Property Services received a £32.9m boost last year after selling its shares in Zoopla. The UK's second largest listed estate agent reported full-year results today that were in line with expectations, despite the headwinds faced by the property market in the lead-up to (and after) the EU referendum. The figures The property group's underlying [...]
Payments company Paysafe share price drops despite nearly doubling profits March 7, 2017 The figures Payments processing company, Paysafe, saw its share price plummet 6 per cent lower this morning despite delivering a strong set of results and nearly doubling profits compared to last year. The company reported in its 2016 financial results today that it has nearly doubled adjusted profits after tax, achieving $213m (£174.6m) for the [...]
These are the 10 best countries in the world in 2017 (and how Brexit and Trump shook up the ranking) March 7, 2017 In a world turned seemingly upside down by the political landscape over the past year, a ranking of the best countries in the world has been similarly shaken up. Germany was knocked from the top spot by Switzerland, in the second annual ranking from US News & World Report, Y&R's BAV Consulting and the Wharton School [...]
Charlotte Hogg has apologised for not disclosing her brother’s position at Barclays March 7, 2017 The Bank of England's (BoE) new deputy governor, Charlotte Hogg, has apologised for failing to disclose that her brother worked for Barclays, a potential conflict of interest, before she joined the central bank. Hogg worked as the BoE's chief operating officer from July 2013. Last week, as she started her new role as deputy governor, the Treasury Select Committee questioned her on why she [...]
Big upward revision for UK growth this year from the OECD March 7, 2017 The UK economy will grow much faster this year than previously expected, according to an influential economics organisation, as it revised up forecasts it slashed after the Brexit vote. The Organisation for Economic Cooperation and Development (OECD) raised its projections for 2017 GDP growth to 1.6 per cent, a change of 0.6 percentage points since [...]
Southern rail says the RMT’s strikes are becoming less effective ahead of next week’s 24-hour walkout March 7, 2017 Southern rail has pledged to run the majority of its services during the Rail, Maritime and Transport (RMT) union's next strike on Monday 13 March. The train operator says industrial action is proving less effective and that during the last strike on 22 February, Southern ran 87 per cent of trains with more than 50 per [...]
Ranked: House price growth in every London borough this year March 7, 2017 House price growth across the UK has nearly halved over the past 11 months, and a lot of that sluggish growth is coming from the capital. Tax changes have hit the property market in many of the capital's central districts, such as Chelsea and Fulham, but there is still growth in the more affordable parts of [...]