Bitcoin price: Cryptocurrency falls below $15,000 again December 9, 2017 Bitcoin dropped back below $15,000 today after hitting a new high of $17,000 this week. The cryptocurrency fell more than seven per cent today, wiping more than $1,100 off its value, and hitting a low of $14,812 at 11.10am GMT. At the time of writing it had recovered to be above $15,000 again, following a [...]
Michael Gove: Voters could change Brexit deal at 2022 general election December 9, 2017 The electorate will get the final say on the Brexit deal, according to environment minister and prominent Brexiteer Michael Gove. Gove wrote in the Daily Telegraph that the British people will have a chance to reject the final deal during the next general election. The next election is currently expected in 2022, three years after [...]
Marc Vlessing, CEO of Pocket Living on his mission to provide affordable compact homes for young Londoners December 8, 2017 Marc Vlessing’s eyes were first opened to millennials’ struggle to get on to the housing ladder when he was working in theatre. As CEO of Crescent Entertainment, which went on to become the largest group of theatres and cinemas in the UK, he was surrounded by passionate, hard-working people in their 20s and 30s, “but [...]
Property of the week: Serena Rees Agent Provocateur CEO’s house in Cumberland Terrace, Regent’s Park, goes on sale for £14m December 8, 2017 If you’re running out space in your socks drawer, there’s sure to be plenty of space for your unmentionables in the home of Serena Rees, the co-founder of luxury lingerie brand Agent Provocateur. Cumberland Terrace, Regent’s Park, £13.95m (Click or tap on the images to see them in full screen) The self-contained basement studio The [...]
Hey, you! You with the hangover! Was your Christmas party a bit much? There is a place in the City you can rent to sleep for an hour December 8, 2017 We’ve all been there: the work Christmas party raged on until the early hours of the morning, but now it’s 8am and you’re back at your desk with a pounding headache. Well, don’t give up and go home just yet, because Pop & Rest has just launched a pod-style hotel at Monument in London offering [...]
New homes going on sale in London this weekend in Barnes, Aldgate, Woolwich, Kensington and Balham December 8, 2017 New developments on the market this week Goodman’s Fields, Aldgate From £1.04m Walk to work from these new homes on the edge of the City where the final collection of one and two bedroom apartments has gone on sale. Situated in Cassia House, a 22-storey tower, there’s a two bedroom show apartment designed by Scott [...]
US non-farm payrolls: The US added 228,000 new jobs in November ahead of crucial Fed meeting December 8, 2017 The US added 228,000 new jobs in November. The data comes ahead of an important Federal Reserve meeting, scheduled for next week, where it is expected to raise rates to their highest level in more than nine years. The consensus expectation was for November non-farm payrolls to increase by 198,000, which would represent a significant [...]
ePrivacy: a fatal blow to the diversity of information in Europe? December 8, 2017 “There’s what you see and what you don’t.” This line by French economist Frédéric Bastiat illustrates perfectly the controversy surrounding the EU’s planned “ePrivacy” regulatory package. Expected to come into force in May 2018, the draft is currently being discussed by the European Commission, the European Council and the European Parliament. “What you see” are [...]
Snapchat chairman Michael Lynton joins Pearson’s board of directors December 8, 2017 Pearson has appointed Michael Lynton, the chairman of Snapchat and former chairman and chief executive of Sony Entertainment, to its board of directors. He takes up the role on 1 February 2018. Lynton led Sony Entertainment held from 2012 to 2017, and before that served as chairman and chief exec of Sony Pictures Entertainment from [...]
National Audit Office criticises universities for “mis-selling” courses December 8, 2017 The UK’s public spending watchdog has criticised universities for essentially mis-selling courses to students, saying they would be accused of such if they were regulated like financial services. A new report by the National Audit Office (NAO) found only 32 per cent of students in higher education think their course offers value for money, down [...]