New builds on sale in London this weekend April 13, 2018 New developments on the market this week Filmworks, Ealing From £524,950 Film fans may be interested in these homes going on sale tomorrow next to the UK’s oldest purpose-built film studio. Oscar contenders The Imitation Game and The Theory of Everything were both shot at Ealing Studios, and now 209 studio to three bedroom apartments [...]
Metro Bank chairman faces revolt as high-profile investor queries wife payments April 13, 2018 The chairman of challenger Metro Bank is under growing pressure after a major investor today hit out at payments made to a company owned by his wife. Vernon Hill’s reappointment at Metro’s annual general meeting on 24 April will be rejected by Royal London Asset Management. Metro Bank has made payments of £21m to InterArch, [...]
Bitcoin price (BTC) is above $8,000 after yesterday’s spike, but analyst warns price could fall again April 13, 2018 Bitcoin is back above $8,000 after climbing more than $1,000 in less than an hour yesterday. The cryptocurrency’s price soared past $7,000 and $8,000 for the first time in more than two weeks in its biggest jump of the year so far, but it edged back to trade between $7,600 and $7,800 for the rest [...]
Citigroup beats earnings expectations April 13, 2018 Wall Street giant Citigroup has topped expectations in its first quarter results. Revenue was up three per cent at $18.87bn (£13.24bn), above consensus estimates of $18.74bn. Analysts had expected the group to report profits of $1.61 per share but it beat this with earnings of $1.68 per share. “Our first quarter results demonstrate strength and [...]
Former Kingfisher CEO Gerry Murphy to replace Sir John Peace as next Burberry chairman April 13, 2018 Former Kingfisher boss Gerry Murphy will be the next chairman of Burberry. Shares in the FTSE 100 fashion label were up 1.3 per cent just after lunchtime after Burberry confirmed a Sky News report revealing the appointment. Murphy will replace Sir John Peace, who took Burberry onto the stock market as chairman in 2002. He [...]
Deborah Meaden and Martin Lewis among celebrity names used by cryptocurrency scammers April 13, 2018 Fraudsters are using celebrities’ names to add a touch of legitimacy to cryptocurrency scams. Dargon’s Den star Deborah Meaden and MoneySavingExpert.com founder Martin Lewis are among the fake endorsements used by scammers to extort £34,000 from victims last month alone. Action Fraud said that it received 21 reports of cryptocurrency scams in March, and warned [...]
AA share price leaps as rating agency surprises on “terminal” debt pile April 13, 2018 Troubled breakdown firm AA was today delivered a huge boost by a leading credit rating agency. Facing a prospect of a downgrade which could be “terminal” for shareholders, S&P refrained lowering its opinion of the AA. Shares leapt almost five per cent after credit decision was announced. Weighed down by almost £3bn of corporate bonds [...]
Employers are rebranding low-skill work as “apprenticeships”, says report April 13, 2018 Some employers are exploiting the government’s apprenticeship reforms to rebrand low-skill, low-paid jobs, a report has claimed. The current definition of an apprenticeship is too loose, and is leaving candidates with fewer skills than their European counterparts, according to think tank Reform. Companies are taking on apprentices in low-skilled jobs such as working in a [...]
Moscow Court approves ban on messaging app Telegram April 13, 2018 Russia has followed through on plans to ban messaging app Telegram, with a Moscow court approving the move. The WhatsApp rival has been under the scrutiny of Russian authorities for months, as the Kremlin seeks to gain access to encrypted communications. Media watchdog Roskomnadzor sought to limit access to the app earlier this month after [...]
UK house prices: The British towns with the fastest rises in house prices April 13, 2018 London house prices rose by an average of just under 1.5 per cent in the first three months of the year, but across Britain, the place for the highest growth in property value was Sidcup in Kent. According to new data from Zoopla, the total value of the British residential property market rose by 1.4 [...]