Millennials think their pay will go up in 2018 , according to a Lloyds Bank report December 27, 2017 Consumers are feeling more pessimistic about the UK economy than they were at the end of last year, according to a new survey from Lloyds Bank. However, the Lloyds Bank Spending Power Report also shows that millennials are feeling more positive about their own finances. Among a group of18-24 year olds asked about their own [...]
London Stansted airport suspends flights due to heavy snow causing chaos across the UK as Met Office warns there’s a possiblity of flooding December 27, 2017 Heavy snow is causing transport difficulties across the UK, after the Met Office issued a series of weather warnings. The poor weather conditions led London Stansted to close one of its runways and suspend flights. The runway has since reopened, but the closure has led to ongoing delays and cancellations. The airport has advised passengers [...]
Amazon’s Jeff Bezos and Facebook’s Mark Zuckerberg help boost world’s wealthiest by $1 trillion, Bloomberg billionaires index finds December 27, 2017 The world’s wealthiest people added a collective $1 trillion to their riches in 2017, with Amazon mogul Jeff Bezos making the greatest gains off the back of a standout year for the technology and retail giant. And the rich are getting richer, gaining four times more than they did in 2016, according to Bloomberg’s Billionaires [...]
Zero wage growth predicted for 2018 by Resolution Foundation December 27, 2017 There’s bad news for the year ahead when it comes to work – you’re probably not going to be earning more. New research forecasts that wage growth across the UK will come in at zero for 2018. Read more: Wage growth stayed flat in September as unemployment fell again In real terms, taking into account [...]
IWG share price rockets as FTSE 250 office group confirms takeover bid from Onex and Brookfield December 27, 2017 International Work Group (IWG), the biggest serviced offices group in the world, has confirmed a takeover approach from private equity firms. The FTSE 250 form which operates under the Regus brand said an approach has been made by Canada’s Onex and Brookfield Asset Management. Under takeover rules, the pair have until 20 January to make [...]
London travel, train strikes and closures: What’s closed from Boxing Day until New Year’s Day December 26, 2017 ‘Tis the season to avoid much of the public transport network, as engineering works take advantage of the holiday lull in passenger numbers. Here’s your post-Christmas run-down of what you need to know in London until New Year’s Day. The Tube The Tube will run a Sunday service on Boxing Day and on New Year’s [...]
Former Liberal Democrat leader and deputy prime minister Nick Clegg to be knighted in New Year Honours December 26, 2017 Former deputy prime minister and leader of the Liberal Democrats Nick Clegg will receive a knighthood in the New Year Honours, according to reports. The honour will be announced on Saturday, according to senior Lib Dem sources cited by the Daily Mail. Clegg, who led his party into coalition government with the Conservatives from 2010 [...]
US President Donald Trump’s ambassador to United Nations Nikki Haley claims US forced cut to budget December 26, 2017 The US claims to have slashed its budget contribution to the United Nations (UN), in the latest salvo in a strained relationship between the world’s most powerful nation and the most important intergovernmental organisation. US ambassador to the UN Nikki Haley said the US had cut $285m (£213m) from the budget for the 2018-19 fiscal [...]
Bitcoin (BTC) back into recovery mode after Christmas cryptocurrency crash December 26, 2017 The price of bitcoin rose sharply on Boxing Day morning as cryptocurrency bulls reasserted themselves following a week of selling. The price of a bitcoin rose by more than 7.7 per cent from midnight on Christmas day to the time of writing – a period of only nine hours – to almost reach $15,500, before [...]
UK Prime Minister Theresa May praises Christian values in Christmas address December 24, 2017 Theresa May has called on people to celebrate Christian values this Christmas, and remember people around the world who have been denied religious freedom. The Prime Minister has also praised the members of the armed forces, emergency services, and volunteers doing charity work over Christmas. Read more: Bad news, drivers: Pump prices have hit a [...]