Housebuilder shares climb on positive house price data August 31, 2016 It's been a rough ride for FTSE 100-listed housebuilders since the EU referendum – but today's house price data from Nationwide is helping the builders' share prices climb back to levels seen before the Brexit vote. Nationwide said this morning house prices were up 0.6 per cent month-on-month in August, and 5.6 per cent year-on-year. Berkeley Group was on [...]
Before the bell: What you need to know before the US market open August 31, 2016 Global economic headwinds are increasing and Eurozone inflation data has proven a disappointment. Here's what you need to know before the US market open at 2:30pm London time. US market futures are more-or-less flat ahead of the open. The S&P is down by 0.02 per cent, the Nasdaq is flat, and the Dow is 0.04 per [...]
Standard Life on the hunt for a Brexit guide to add to its public affairs knowledge August 31, 2016 Those with a head for Brexit-related red tape might want to dust off their CVs, as insurance and pensions company Standard Life is looking out for somebody to help guide it through the referendum fallout. The new hire will report to Graeme McEwan, chief communications officer, and will help advise the FTSE 100 firm on policy [...]
Uber’s going electric in London August 31, 2016 Uber is launching a fleet of fully electric cars across London in a bid to reduce levels of pollution in the capital ahead of another potential clash with the city's transport regulators. Already well-known for its hybrid Toyota Priuses, 50 electric powered cars will hit the city's roads over the next month with potential plans for hundreds more [...]
Prime Minister Theresa May says the UK will not stay in the EU “by the back door” August 31, 2016 The United Kingdom will not try to stay in the European Union "by the back door", Prime Minister Theresa May has said. Speaking at the beginning of this morning's cabinet meeting at Chequers, May said that the government will deliver on leaving the EU, repeating her mantra that "Brexit means Brexit". Read more: UK family [...]
September is the new January for resolution-savvy Britons as the “back to school” mentality lives on August 31, 2016 If you've been feeling a pang of the old "back to school" feeling, rest assured – you're not the only one. The end of summer inspires Britons to get "back to life" after the holidays with a wave of self-improvements, making September a "secret new year", according to research from Pinterest. "September is becoming the new January with people [...]
Great Fire of London 350th anniversary celebrations: What you need to know about the burning of a huge sculpture of London’s skyline August 31, 2016 This week marks the 350th anniversary of the Great Fire of London, and to commemorate it, a 120 metre-long sculpture of London’s 17th-century skyline will be set alight on the Thames. To make sure you don’t miss out on the spectacle, entitled London 1666, here’s our guide to watching. Where The sculpture will be ceremonially [...]
Fresh from William Hill rejection, online gamer 888 reports soaring revenue and profits August 31, 2016 Online gaming giant 888 Holdings has ruled out a merger with rival Rank Group for the foreseeable future. The company's share price rose today after it announced double-digit profit growth. The figures Revenue came in at $262m (£200m), up 19 per cent in the first half of 2016, with strong performances in the casino and sports [...]
Banks lead the FTSE 100, with some lenders setting new monthly highs August 31, 2016 Banks are helping to bolster a reasonably flat FTSE 100 today. Banking mainstays Barclays and HSBC are both among the five greatest risers this morning, while shares in Lloyds, RBS and Standard Chartered are up as well. Barclays is currently up 2.4 per cent at 173.25p, HSBC is up 1.8 per cent at 567.7p, Lloyds is up 1.5 per [...]
London transport disruption: Tower Bridge is closing to traffic for three months August 31, 2016 Travelling from the City to the south side of the river is about to get a whole lot more fun – Tower Bridge is set to close to all traffic for three months. No vehicles will be allowed access to the London landmark from Saturday 1 October to Friday 30 December, while the City of London [...]