London’s lack of rental supply is pushing rents up by five per cent annually May 14, 2018 London’s property prices are dropping, but a lack of housing is pushing rents up five per cent a year, according to a study from property group Haart. According to the study, the average property price in London fell by 3.7 per cent in April, down 3.4 per cent year-on-year. Meanwhile, rental stock is down 40 [...]
Uber appoints Amazon guruJamie Heywood as regional manager of northern and eastern Europe May 14, 2018 Uber has poached Amazon’s director of electronics as its new regional general manager for northern and eastern Europe as the management shakeups continue. Jamie Heywood will join Uber next month to take on the role that covers its operations in more than 70 cities and 12 countries, including the UK. The role was previously held [...]
IWG share price jumps 20 per cent after talks of takeover from Lonestar, Starwood Capital and TDR Capital May 14, 2018 Shares in serviced office firm International Workplace Group (IWG) jumped more than 20 per cent this morning after it was revealed that the company was in talks for a full share takeover. The company confirmed on Friday that it had interest from three seperate private equity firms: Lonestar, Starwood Capital and TDR Capital over the [...]
Canadian mining company Strongbow to list on London’s AIM after acquiring Cornwall mine May 14, 2018 Canadian mining group Strongbow is set to list on the AIM next month, the company announced today. The moves comes after Strongbow acquired the rights to the South Crofty tin mine in Cornwall. The company said it was hoping to raise £25m over the next 18 months in order to “progress to a production decision.” [...]
RBS jumps on DoJ settlement reports : RBS finally returned to profit after a decade of losses May 14, 2018 | City Talk Last year RBS finally returned to profit after a decade of losses, and while it was only a minor profit there was still a sense that the bank may have turned a corner in turning the tide of regular losses. Not surprisingly the market reaction to the £752m profit was a little underwhelming given that [...]
JP Morgan announces plans to set up securities business in China May 14, 2018 American bank JP Morgan Chase has submitted an application to China’s securities regulator to set up a new brokerage business in which the bank would own a 51 per cent stake. The move from the US’ largest bank comes just a few weeks after China relaxed regulations on foreign ownership over local financial companies – [...]
British Gas owner Centrica buffeted by Beast from the East with busiest week ever for central heating boiler breakdowns May 14, 2018 British Gas owner Centrica said in a trading update today that its services division had been under pressure due to the severe weather earlier this year with a record number of boiler breakdowns to fix. It said that while the unexpectedly cold weather had increased energy demand, the Beast from the East had buffeted its [...]
Voice search will finally force marketers to use plain English May 14, 2018 Half (50%) of all searches will involve voice by 2020, according to ComScore, thanks to the rise of voice assistants. At last, organisations will need to ditch marketing jargon and speak the language of their audience if they want to be found online, or they will simply lose their business. Around a decade ago, I [...]
We meet Annabel Karmel, the celebrity cook who leaves children hungry for more May 14, 2018 Annabel Karmel comes bounding into the room like a bundle of sunshine. With her yellow dress and immaculate makeup, she seems a world apart from the drab Bloomsbury bar where we meet. For millions of parents, Karmel is a household name, with major supermarkets stocking her baby and toddler food. It was her first book, [...]
How to tackle mental health issues in the workplace: Why open conversations are so critical May 14, 2018 By rough calculation, the average person working a 9 to 5 job until retirement will notch up more than 80,000 hours at work. It is a daunting figure, and I feel a little guilty for bringing it up on a Monday morning. But the fact remains that, for most, work constitutes a large chunk of [...]