EasyJet founder Stelios Haji-Ioannou launches Rightmove killer easyProperty September 9, 2014 Airline entrepreneur Sir Stelios Haji-Ioannou has unveiled his latest no-frills business idea, an online estate agent called easyProperty. The venture, for which he is seeking crowdfunded capital, will rival relative newcomers Rightmove and Zoopla in a bid to unseat traditional estate agents by offering cut price services. Users of the website will be able to [...]
Shard of light from our cosmic neighbour September 9, 2014 A supermoon or harvest moon, passes behind the Shard yesterday. The phenomenon involves a full moon coinciding with its closest approach to the Earth on its elliptical orbit. This is the third – and last – sighting of a supermoon this year
Apple lifts the lid on its Watch and iPhone 6 September 9, 2014 APPLE last night unveiled a new smartwatch, two larger iPhones and a mobile payments service, as chief executive Tim Cook set a bold new direction for the technology giant taking it into a host of new markets. At an event in San Francisco, the company took the wraps off a larger, 4.7-inch iPhone 6 and [...]
As it launches the new iPhone 6, just Watch that Apple grow – Bottom Line September 9, 2014 Apple is truly a creature of habit. You could almost set a watch (no pun intended) to the regular tick tock of its annual product cycles. But every so often, Apple must change its pattern, breaking with tradition to launch a new product or set a new direction for the company. The first iMac in [...]
Quindell buoyed by libel case win against Gotham September 9, 2014 QUINDELL has won its libel claim against mysterious US short seller Gotham City Research, sending shares in the company rising as much as 11 per cent in reaction to the news yesterday morning. The British insurance outsourcer issued libel proceedings against Gotham in April, after it had posted a critical note on Quindell, describing it [...]
Investors cheer Blur’s booming revenue despite widening losses September 9, 2014 Online services group Blur saw its revenues soar 303 per cent during the first half of the year to £5.69m, on the back of the growing number and value of projects it handles. Shares in the group were up 6.79 per cent at 86.50p following the results. Meanwhile, underlying losses at the group grew by [...]
BrightHouse IPO plans hit turbulence over MP inquiry September 9, 2014 The listing of shares in rent-to-own retailer BrightHouse was left in limbo yesterday after a fresh parliamentary inquiry into the group cast doubt on the firm’s ability to attract investors. A group of MPs, under the auspices of the All-Parliamentary Group on Debt and Personal Finance, will investigate rent-to-own outlets like BrightHouse, sparking concerns the [...]
Battle of the City brokers as BGC makes hostile bid for rival GFI Group September 9, 2014 Interdealer broker BGC Partners yesterday gatecrashed the proposed takeover of rival GFI Group by swooping in with a hostile bid for the broking group. The interdealer broker, which was spun out of Cantor Fitzgerald in 2004, unveiled a $675m (£420m) offer which would create the world’s second largest interdealer broker behind leader The interdealer broker, [...]
ISG sees pre-tax profits jump to £6.8m on London office surge September 9, 2014 Construction services company ISG yesterday said a surge in activity in the London office market had helped the company bag new fit-out projects and boosted its order book. The recovery has led to a rise in companies moving to new offices in the capital. ISG secured £410m of new projects in the year to 30 [...]
House market recovery lifts Dixons’ sales September 9, 2014 DIXONS CARPHONE, the newly formed high street giant, said yesterday it had made a strong start to the year, with sales basking in the aftermath of the World Cup and benefitting from rising consumer confidence. Chief executive Sebastian James said that the recovery in the housing market helped to boost demand and that while consumer [...]