Lloyds job cuts: 9,000 to go in next three years as bank moves towards digital October 22, 2014 Lloyds Banking Group is set to cut 9,000 jobs over the next three years, amounting to a loss of over ten per cent of its workforce. An announcement next week will provide more detail on the cuts, which reflect the British bank's move away from consumer-facing services and towards digital banking. This will [...]
Why do women live longer than men? New study suggests Y chromosome puts some men at risk of disease October 22, 2014 In Europe, the average life expectancy of women is 7.5 years longer than of men, but the reason for this difference remains unknown. Now, researchers at Uppsala University in Sweden have made a discovery which sheds light on why men's health often deteriorates more quickly with age than women's does. Age-related loss of [...]
NFL UK: George Osborne backs London franchise October 22, 2014 Chancellor George Osborne has given his support to the idea of an American Football team in the capital, arguing it would be a “huge boost to London”. With Wembley due to host the second of three NFL games this season on Sunday, and the FA contemplating hosting England games elsewhere, there has been increased [...]
Should Liverpool be worried by Raheem Sterling’s late night partying? A sports physiologist explains October 22, 2014 The saga surrounding Raheem Sterling’s fatigue continues to rumble on. The Sun’s front page this morning screamed “'Tired’ Raheem at 3am 3 Lions party” and led to a story exposing the teenage winger’s exploits at a London nightclub just a day after suggesting he was “a bit tired” ahead of England’s game against Estonia. [...]
The importance of checking job application CVs: A quarter contain inaccuracies, study finds October 22, 2014 You've finally found the perfect candidate for a job you're trying to fill – they have an excellent degree, lots of experience in the right professional area, and a personality that fits into your organisation. It's much easier to welcome them on board right away than conduct background checks and risk losing them to [...]
The Silk Road black market in drugs prevented violence and was a “transformative” criminal innovation October 22, 2014 The deep web black marketplace Silk Road, which was shut down last year, prevented violence associated with the illegal drug trade and represented a breakthrough in criminal innovation. So concludes a new study by researchers at the University of Manchester and the University of Montreal. Dubbed the "eBay" of drugs, the site was not, as [...]
Facebook’s £3,169 UK corporate tax bill in 2013 was less than a zone 1-9 yearly London travelcard October 22, 2014 Facebook’s corporate tax bill for 2013 came in at just £3,169 last year, according to its latest accounts. It paid less than London commuters pay for a yearly zone one to nine travelcard (£3,256) by basing its European headquarters in tax-favourable Ireland, and using a tax loophole known as the “Double-Irish”. The social network paid the [...]
Tesco share price wobbles ahead of results: Here’s how the last four weeks unfolded after that profit overstatement October 22, 2014 Tesco’s share price opened slightly higher this morning but then dipped 1.3 per cent after a two day rally. It's a slight waiver after the supermarket made steady gains this week, with a 2.7 per cent rise on Monday and 3.5 per cent on Tuesday. It signals a positive start to the week in which [...]
Are you working overseas? October 22, 2014 Working overseas and sending money back home should be simple in our modern ‘digital age’, but in many cases, you could find you are losing a lot of your salary through unfavourable exchange rates and high transfer fees. With City A.M. International Payments you can expect rates that are typically 3-4pc better than you can [...]
British Airways pairs music and menus to make airplane food taste better with Lily Allen, Paolo Nutini and Coldplay playlist October 22, 2014 Foodies and music fans will enjoy British Airways' latest efforts to make the experience of flying a little less painful. After its seven-hour train film to settle sleepless passengers, as well as its “happiness blanket”, comes the “Sound Bite”. That’s the pairing of music with food menus in a way that is designed to improve the [...]