Global cyber attack hits UK firms as WPP reports hack June 27, 2017 A massive cyber attack which has hit a number of institutions in Ukraine appears to be spreading across Europe. Several firms, banks and government offices in Ukraine began to report attacks earlier today caused by ransomware named “Petya”. London-based advertising giant WPP has reported problems with its IT systems caused by a “suspected cyber attack”, [...]
UK house prices: More than three quarters of homes are selling below asking price June 27, 2017 More than three quarters of homes sold for less than asking price in May, new figures have shown – as the number of homes for sale rises. Some three per cent of properties sold for more than asking price in May, a report by the National Association of Estate Agents (NAEA) showed, down from seven [...]
One Dalton Street, a new tower of Four Seasons residences and a hotel, is spearheading a revival in Boston real estate June 27, 2017 Boston’s strong and it’s never been stronger. The historical, academic heart of the USA’s east coast is seeing its biggest boom in residential property since the 1920s. So far, 83 new housing projects are under construction in 19 out of its 23 neighbourhoods. But why now? For years, Boston has been an academic hub, with [...]
Come clean, Comrade Corbyn: Socialism is always a disaster June 27, 2017 Have you heard the good news? Jeremy Corbyn loves you, and wants you to love him. He offers you peace and joy and a fulfilled life. So sayeth Monsieur Zen: “Come unto me, all ye that labour and are heavy laden, and I will give you rest. Take my yoke upon you, and learn of [...]
Charities assisting with Grenfell Tower victims to receive extra funds from the communities secretary June 26, 2017 SAJID Javid, the communities secretary, has announced that the government is providing £1m to support the charitable response to the Grenfell Tower disaster. This recognises the extraordinary efforts made by many smaller charities and not-for-profit organisations following the tragic fire. Javid said: “The residents of Grenfell Tower have been through some of the most harrowing [...]
Formula One great Sir Jackie Stewart defends Sebastian Vettel and insists Lewis Hamilton sparked their bust-up at the Azerbaijan Grand Prix June 26, 2017 British Formula One great Sir Jackie Stewart has defended Sebastian Vettel over his extraordinary bust-up with title rival Lewis Hamilton at the Azerbaijan Grand Prix on Sunday. The former world champion conceded that Vettel was guilty of “inappropriate behaviour” for deliberately ramming his Ferrari into Hamilton’s Mercedes halfway through the race in Baku. But Stewart [...]
Why divesting from tobacco stocks is pointless virtue signalling June 26, 2017 This week marks the 10 year anniversary of the smoking ban in England, and tobacco is once again making headlines. Not content with the government prohibiting smoking in public places, various funds and companies have bought into the ludicrous divestment movement which seeks to bring down industries by trading their shares. The Guardian started the [...]
Next global crash could come “with a vengeance”, central bankers at the Bank for International Settlements have warned, citing debt fears in China and other emerging markets June 26, 2017 Risks building up in China and other emerging markets could trigger the next global financial crash, an influential group of central bankers has warned. China and other developing economies such as Thailand are beginning to show the same signs of tensions seen in the US and UK before the global financial crisis of 2007-08, according [...]
Holland & Barrett sold to Russian billionaire for £1.8bn June 26, 2017 Health food store Holland & Barrett has been sold to a Russian billionaire for £1.8bn. US private equity firm Carlyle is selling the UK’s largest health retailer to L1 Retail, a fund controlled by Mikhail Fridman. The deal for the 1,150 store chain is the first acquisition for L1 Retail. It is thought that chief [...]
Crossrail honcho says £14.8bn project will “change London’s geography” as first Elizabeth Line train enters passenger service June 26, 2017 Eight years after construction started on the £14.8bn Crossrail project, the first Elizabeth Line train entered passenger service last Thursday between Liverpool Street main line and Shenfield. The train, complete with air conditioning and walk-through carriages, will be part of a fleet of 66 that operate on the new line, with eleven being introduced by [...]