EU referendum: Just one in 10 bets taken in past two days back Remain as Leave makes strides in polls June 14, 2016 Punters are starting to back the pro-Brexit camp with just one in 10 bets placed in the last 48 hours being in favour of Remain with one bookmaker. While a slew of polls has put Leave ahead of Remain, Sporting Index has also found a flood of bets backing Leave over the past 48 hours has [...]
Affectv founder Glen Calvert talks hiring and firing in a fast-growth firm June 14, 2016 It's a sign of the times that Glen Calvert, now 33 and with over seven years’ experience managing startups, doesn’t see himself as a young entrepreneur. Nonetheless, getting stuck in with his first company at 25 meant the learning curve was steep. He had passion, drive, and knowledge of his industry. What he lacked was experience [...]
At the close: £30bn wiped off FTSE 100 as Brexit fears mount June 14, 2016 Financial markets were plunged into turmoil today as the latest Brexit opinion polls sent investors running for the hills, wiping tens of billions off the value of the UK's leading companies. The FTSE 100 shed two per cent to end the day at 5,923.53 – its lowest close since 24 February – knocking roughly £30bn [...]
Five implications for the app economy after Apple’s WWDC June 14, 2016 Monday's World Wide Developer Conference (WWDC) found Apple announcing a raft of updates set to overhaul the entire app economy. From MacOS and Apple Watch to iMessages, the changes Apple is planning opens up an entire new world for developers. The question is though, what do these changes mean for the app economy as a [...]
Former London mayor Ken Livingstone has blamed rebel Labour MPs for a furore around his Hitler comments June 14, 2016 Former London mayor Ken Livingstone has claimed that Blairite MPs have deliberately misrepresented his comments around Zionism and Adolf Hitler in a bid to undermine Labour leader Jeremy Corbyn. Livingstone's comments came as part of a Home Affairs Committee probe into the broader issue of anti-semitism, with the former London mayor asked to give evidence following his [...]
Bpoplive has been cancelled, after Electoral Commission demands information from Leave.EU on “campaign spending” June 14, 2016 The Capitalist's plans for Sunday night have been ruined. It may have seemed doomed from the start, but until this week Leave.EU was gearing up for a night of dancing and debate at anti-EU concert Bpoplive on Sunday. Now, Leave.EU, which distanced itself from the rally after acts began to pull out in droves, has announced that [...]
The price of bitcoin is back below $700 after making huge gains on Sunday and Monday June 14, 2016 Bitcoin stayed resolutely below $700 (£493) during most of today's trading, after edging to highs of $719 on Monday. By 5pm (GMT), the price of a single bitcoin was worth $673, according to market exchange trader Bitcoinity. After opening at $705.62 on CoinDesk, the price of bitcoin had fallen over four per cent to $674.79 by the evening, [...]
EU Referendum: Brexit “more likely” than the Conservatives’ majority in the 2015 general election, according to new research June 14, 2016 The Remain camp may still be the bookies' favourite as the EU referendum looms, but economic consultants have warned that Brexit could now be on the cards. Right now, Brexit is far more likely than the Conservatives winning a majority at the 2015 general election, which they very much did, according to consultancy Oxera. The latest market [...]
Sir Philip Green will be chatting with MPs tomorrow after all June 14, 2016 After a few days of doubt, Sir Philip Green has today confirmed that he will attend a hearing with MPs to discuss the collapse of BHS after all. There was some speculation that the Arcadia boss would bow out of his scheduled meeting after last week calling for the chair of the Work and Pensions select committee to [...]
This ex-Googler’s “anti-Wonga” loans startup is moving into savings June 14, 2016 A fintech startup founded by a former Google boss which lets people pay off their debts via a single monthly payment direct from their salary is now planning to expand on its loans business with a move into savings. SalaryFinance was founded late last year by Dan Cobley, the former boss of Google in the UK, former banking consultant Ashesh Sarkar, and [...]