London Underground users charged £365m for incomplete journeys February 20, 2017 London’s Tube travellers are leaving themselves open to over-charging by failing to “tap out” with oysters or bank cards at stations on the Underground network. TfL has charged its customers £365m over six years from cards with incomplete journeys, according to figures provided to the Evening Standard. During peak hours, the Tube network charges £7.80 [...]
Netflix and Hills: how streaming services are moving in on Hollywood real estate February 20, 2017 | City Talk The Schroders Global Cities Index ranks the fastest growing urban economies in the world. We write about our favourite cities on the Global Cities Blog. With Netflix having just committed to an office spanning 25 acres in Hollywood, we explain why we like LA. Sitting at number six in the Global Cities Index, we rate Los [...]
The Treasury wants to change plans for Royal Bank of Scotland to sell Williams & Glyn February 20, 2017 Royal Bank of Scotland confirmed today that it will no longer be required to sell the 307 branches that make up its Williams & Glyn network, after the Treasury stepped in to seek changes to its State Aid obligations. Shares in the lender were up by more than five per cent at the open, and [...]
There’s another anti-Trump protest planned for central London this evening February 20, 2017 Activists are planning another protest against US President Donald Trump in central London tonight. The demonstration will coincide with the House of Commons debate on whether the President should be granted a state visit to the UK. Tonight's action follows numerous other marches and protests against Trump in the capital, sparked in large part by the US leader's travel [...]
Why everything you think you know about the gig economy might be wrong February 20, 2017 The rise of the so-called gig economy characterised by new technology platforms such as Uber and Deliveroo has sent the number of self-employed workers soaring in recent years… or so says conventional thinking. But, a new report suggests it is, in fact, higher earners in high-skilled jobs who are driving the growth of the self-employed to top [...]
S&P Global Platts is overhauling its Brent oil benchmark for the first time since 2007 February 20, 2017 S&P Global Platts' Brent oil assessment is set to be revamped for the first time in a decade to address the falling supply underpinning the benchmark that prices most of the world's oil. The oil pricing agency said it will add Norway's Troll crude to the four British and Norwegian crudes it already uses to assess dated [...]
Will.i.am says yes we can to Atom Bank, as rapper strikes consulting deal which could land him a multimillion pound stake in the challenger February 20, 2017 Will.i.am is expanding his CV in a perhaps unexpected direction, striking a consulting deal with Atom Bank which could see him take a multimillion pound stake in the fintech firm. The rapper and producer will act as a consultant and board adviser to the company as it seeks to make itself stand out in an increasingly crowded [...]
Three tips to help women start investing February 20, 2017 | City Talk Some women never start investing. My research uncovered three main reasons why many women “sit on the fence” when it comes to investing: Some women aren’t interested in investing and don’t understand why it is important. Some are perfectionists and feel they do not know enough to begin. They think the world of investing is [...]
Greece repays €2bn loan ahead of crunch bailout talks February 20, 2017 Greece has repaid a €2bn loan from its European creditors ahead of a crunch meeting over the terms of its bailout. The repayment is part of the €86bn bailout programme from the “troika” of creditors, the European Central Bank, the European Commission, and the International Monetary Fund (IMF). Bailout administrator European Stability Mechanism (ESM) announced [...]
Unite boss to meet PSA on Friday for clarity over growing job concerns at Vauxhall plants February 20, 2017 Unite boss Len McCluskey plans to meet PSA chief executive Carlos Tavares on Friday to discuss concerns over UK jobs at Vauxhall plants in the prospective deal between Peugeot-maker PSA and General Motors. The union confirmed the plans are for the two to meet at the end of the week, but said as yet there [...]