The $1bn sector: Audioboom is convinced splashing the cash in the US will be worth it December 14, 2016 Audioboom’s revenues jumped but losses were more than expected during the 12 months its boss said "would be the year that we proved our business model". The podcast firm revealed bumper fourth quarter revenues today, but negative earnings swelled as a result of increased costs from a strategic push to move operations to the US. [...]
It’s not easy being green: Mark Carney welcomes new recommendations for environmental disclosures from firms December 14, 2016 Mark Carney has today welcomed new guidelines for companies to disclose what impact their business is having on climate change in a bid to help investors make more environmentally informed decisions. Carney, who was speaking as the chairman of the Financial Stability Board (FSB), hailed the recommendations from the FSB Task Force on Climate-related Financial Disclosures, which [...]
Meantime Bespoke will create your perfect pint based on your DNA December 14, 2016 A London brewer has made a personalised beer based on his own DNA, and now the brewery is opening the bespoke service to the public. Eager brewers-to-be will now have the option of blending a custom-made brew designed to appeal to their taste buds for a mere £25,000 at Meantime Bespoke, a new venture by Meantime Brewing Company, one of [...]
London Uber drivers target Salesforce in fresh protests directed at business December 14, 2016 Uber drivers have targeted Salesforce in their fight for workers rights, holding a flash demo outside the tech company's London offices in the heart of the Square Mile. The United Private Hire Drivers (UPHD) union which last month disrupted Westminster with protests, staged the demo at Heron Tower over the firm's use of the corporate Uber for Business service, [...]
RMT says its boss has been banned from today’s Southern rail mediation talks (Southern says he wasn’t invited) December 14, 2016 You know those conciliation talks arranged for today to broker an end to some of the misery suffered by Southern rail passengers? Well, there's already a slight issue, at least according to the Rail, Maritime, Transport (RMT) union. The RMT boss has been barred from taking part in mediation talks that are going on in an effort to [...]
EXCLUSIVE: Punch Taverns at centre of takeover battle as entrepreneur bids 185p per share December 14, 2016 Punch Taverns is set to become the focus of a bid battle between Heineken and Alan McIntosh, a wealthy entrepreneur who was one of the company's founders. McIntosh has bid 185p a share for the pub company, City A.M. revealed today. Heineken has made an approach of 174p a share for the company. Punch Taverns issued a statement saying: The [...]
Here’s when and where the best 2016 Christmas TV programmes are being shown December 14, 2016 Gathering around the television with the family is now one of the great Christmas traditions. It's the perfect time of year to snuggle up with a mince pie or four and indulge in some of the best British TV. Use our list to plan your viewing. Our top picks: The Great British Bake-Off BBC1: Christmas [...]
Loans to home buyers fell in October December 14, 2016 Loans to home buyers fell by eight per cent in October, despite the amount borrowers are paying towards interest rates hitting a historic low. First-time buyers borrowed £4.5bn, a monthly decrease of eight per cent, and a year-on-year drop of two per cent, according to figures from the Council of Mortgage Lenders (CML). Read more: [...]
Sadiq Khan is selling Boris Johnson’s water cannon after more than £322,834 was spent on them by the Met Police December 14, 2016 Boris Johnson's water cannon never quite got the airing the former mayor wanted and now Sadiq Khan has put them up for sale via the Ministry of Defence. But not before costing more than £322,834 for the Met Police in purchasing, fitting out and repairing the three machines, "despite the fact they cannot legally be used in [...]
The 53 countries where you get better mobile signal than the UK December 14, 2016 Finding a lack of mobile coverage irksome? Perhaps it's time to move country. The UK's 4G coverage is actually worse than you'll find in Albania, Peru and Morocco. In fact, an astonishing 53 countries around the world have better signal according to a report calling on the government to push for better access across the country, or [...]