Holiday Homes: Why the Four Seasons is pouring millions into Hvar, Croatia’s answer to the white island September 28, 2016 Hvar, in Croatia, seems to have it all: great weather, a fabulous coastline and a cool, relaxed ambience. Popular with the island’s young clubbers as well as the high-end sailing set, it’s even being hailed as a potential successor to Ibiza, all of which is attracting increasing numbers of property buyers and investors. It helps [...]
Why more private developers are looking to buy up the air rights above your building and make a fortune September 28, 2016 It isn’t hard to find a property expert claiming the future of the London housing market is up in the air. But there’s a growing band of developers who agree with them, albeit in a more literal sense. Smaller housebuilders have to get creative when looking for viable development opportunities, and for an ambitious few, [...]
Bitcoin still “currency of choice” for cybercriminals… for now September 28, 2016 Bitcoin remains the "currency of choice" for cyber criminals, but they may soon turn to newer digital currencies, Europe's top police agency has said, and even start targeting blockchain, the technology beneath it. The most well-known cryptocurrency is being used across a range of cybercrimes, including as payment on the darknet, and in DDos, phising and ransomware attacks, extorting money [...]
Now Credit Suisse chief Tidjane Thiam sounds alarm on European banks September 28, 2016 Credit Suisse boss Tidjane Thiam has today become the latest in a list of names to warn Europe's banks are not in a healthy state. His comments come as Deutsche Bank's share price is swinging widely as rumours circulate as to whether the German government would be prepared to bail out the lender. The German giant, which [...]
Jeremy Corbyn says he will hike business taxes to fund a new education service September 28, 2016 Labour leader Jeremy Corbyn has offered “a new settlement” to British businesses, warning he will increase taxes to fund a new National Education Service. Addressing the Labour party conference, Corbyn said Labour would raise taxes, adding to a previous plan to raise corporation tax to fund a new Education Maintenance Allowance. However, he added that [...]
Qatar Airways reveals next stage in its cosying-up strategy with British Airways September 28, 2016 Qatar Airways has deepened ties with the owner of British Airways after a codeshare agreement was announced by the two carriers. The news comes in the wake of Qatar Airways upping its stake in International Airlines Group (IAG) in August to 20 per cent – a move that made it IAG's largest single shareholder. Read more: Qatar Airways just bumped up its stake [...]
Exports set for £20bn Brexit boost after sterling’s dramatic plunge September 28, 2016 Goods exports will jump by £20bn over the next year, cushioning the UK economy from a slowdown caused by the EU referendum, Standard and Poor's (S&P) has argued. In a new report assessing the impact of the Brexit vote on the UK and Europe, the ratings agency also stuck by its claims the UK will avoid [...]
As you might imagine, there isn’t one just reason why Deutsche Bank is in trouble – here are the key issues it faces September 28, 2016 Anyone that has picked up a newspaper recently will know that Deutsche Bank isn’t having a great time of things at moment. Its share price has tanked, there are talks of the German government intervening, parallels to Lehman Brothers and concerns that a whole new financial crisis could be sparked if Germany’s largest bank goes [...]
Christine Lagarde issues hard-hitting defence of global economy September 28, 2016 The head of the International Monetary Fund (IMF) has doubled-down on warnings against reversing the tide of globalisation. Christine Lagarde, managing director of the IMF, told a conference in Chicago this afternoon policies that restrict trade between countries and seek to protect economies from foreign competition will hit the world's poorest citizens, branding such ideas [...]