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      First time buyer borrowing jumps a third in 2025

      First time buyers celebrating in front of a sold sign, representing a significant increase in mortgage borrowing in 2025.

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Tech

  • New cancer screening by GPs will “save thousands” in England

    June 23, 2015

    New guidelines for diagnosing cancer in GP surgeries will “save thousands” of lives each year if implemented properly, according to the government's health watchdog.   Read more: Scientists say immunotherapy could open a "new era" of cancer treatment   The National Institute for Health and Care Excellence (Nice) is giving doctors in England basic diagnostic tests [...]

  • Altice and Bouygues share prices rise as takeover talk gets louder

    June 22, 2015

    French telecoms firm Altice has confirmed that it has made an offer for smaller rival Bouygues Telecom, via its subsidiary Numericable-SFR.  Shares in both Altice and Bouguyes were up on Monday morning after the statement this morning. Altice was up 19.5 per cent to €137.55, with Bouygues up 13.37 per cent to €38.09. Altice, founded by [...]

  • Koenigsegg’s One:1 “megacar” has broken the world record for car sprinting

    June 22, 2015

    A Swedish "megacar" has smashed the record for acceleration and deceleration, making it the fastest sprinting car in the world.   Koenigsegg's One:1 managed to go from stationary to 300km/h in just 17.95 seconds during a test run in Angelholm, Sweden. This is 3.24 seconds faster than the current record set by the Koenigsegg Agera R [...]

  • Britain’s world-leading financial services industry is more than just the City

    June 21, 2015

    Financial services” does not equal “London”. This is my message overseas – but it is equally important to say it on these shores as well. Like all lord mayors, I speak to and for the whole of the UK’s financial and professional services community – of which London is only a part. Our work is [...]

  • Earth is entering “new extinction phase”, finds study

    June 20, 2015

    The Earth is facing a new period of extinction and humans could be among the first casualties, according to a new study by three American universities.  Vertebrates are disappearing at a rate 114 times faster than normal, according to the work by academics at the universities of Stanford, Princeton and Berkeley. The report said Earth [...]

  • Britain’s hottest startups grew six times the rate of UK businesses

    June 19, 2015

    Britain’s hottest startups are fuelling economic growth and job creation, growing at six times the rate of the rest of the UK’s businesses. The Future Fifty, a group of the country’s brightest and most promising high-growth tech businesses identified by Tech City UK, increased their workforce by 30 per cent in the last year, compared [...]

  • London tech has already surpassed San Francisco – and it can do better yet

    June 18, 2015

    London beats New York for finance, Boston for universities, and has the world’s most exciting arts scene. But it’s tech innovation that has the greatest potential to drive London’s future growth.   No other city in the world can match our cluster of ideas, talent and capital. The potential is dizzying. If we can bring [...]

  • RBS plans extra £150m a year spend on ailing IT systems after glitch affecting 600,000 payments at RBS, Natwest, Ulster Bank and Coutts

    June 18, 2015

    Royal Bank of Scotland will spend another £150m a year on its ailing computer systems which this week caused havoc for RBS, Natwest and Ulster Bank customers after a glitch resulted in more than half a million missing payments. The bank's admin chief Simon McNamara today promised £150m of extra spending to make the bank's systems more [...]

  • Why Russia’s new data law targeting Google, Facebook and Twitter will cost its economy billions

    June 18, 2015

    A new law being introduced in Russia which will force many of the world’s largest tech companies to hold the personal data of Russian citizens within the country's borders, will cost the Russian economy billions of dollars and damage its standing on the world stage. The data privacy law, which will come into force in [...]

  • Unicode 8: Unicorns, cheese, eye-roll face and the 37 new emojis you’ll soon be using after Apple, Google and Microsoft updates

    June 18, 2015

    Rejoice, emoji lovers! Soon you'll be have 37 new characters to use in your texts, tweets and chats. Even if you're not down with the emoji lingo (*sad face*), it's the perfect time to get in on the action – Goldman Sachs is doing it, and an emoji password could even be the new secure way [...]

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