Opinion: Research shows that homebuyers are ready to embrace new technology – but estate agents aren’t keeping up September 1, 2016 Buying or selling a property can be a stressful and daunting process. Choosing the right estate agent, and utilising new digital tools, can make all the difference – not only to the price but also to the overall experience. Dezrez recently conducted research to explore the attitudes, perceptions and expectations that UK home buyers have [...]
Inmarsat places $650m bond but isn’t planning to splash the cash September 1, 2016 Satellite company Inmarsat reached for the sky and succeeded as it successfully placed $650m of convertible debt. The placing was $50m more than the original deal size and Inmarsat said it reflected the “considerable demand” for the bonds which have a maturity that stretches out to 2023. “It was a popular placing that was oversubscribed [...]
Ten ways the electric car revolution will transform the global economy September 1, 2016 The world has begun a rapid switch to electric vehicles. In the first half of this year, worldwide sales were up 57 per cent to 285,000, despite low oil prices, and there are now more than 1m electric cars on the world’s roads for the first time ever. Last February, Bloomberg New Energy Finance (BNEF) [...]
New homes on sale in “mini-Manhattan” London City Island, marketed as the capital’s would-be culture hub September 1, 2016 London City Island, Leamouth Peninsula From £365,000 The final and tallest building in the London City Island development will go on sale on Saturday. The marketing suite on the Leamouth Peninsula site will throw a party with ice pops and a juice bar from 10am to 5pm to entice buyers to invest in studio to [...]
The implications of the Great Fire live on in the City’s buildings even today September 1, 2016 Three hundred and fifty years ago today, a fire broke out at a bakery on Pudding Lane. The rest, as they say, is history. Starting on a Sunday, the Great Fire raged until the following Wednesday, having ripped through the dense wooden buildings of the time. It destroyed 80 per cent of the City, some [...]
The SpaceX rocket explosion destroyed Facebook’s first satellite September 1, 2016 A SpaceX rocket has exploded during pre-launch testing, destroying Facebook's first satellite which was due to be launched into orbit. A huge plume of black smoke could be seen over the Kennedy Space Centre at Cape Canaveral in Florida. SpaceX leases the launch pad from Nasa. The Falcon-9 rocket created by Elon Musk's SpaceX has notched 26 successful launches [...]
EMBARGOED: Scrap archaic corporation tax now to avoid another fiasco over payments, says IEA (relevant given Apple and Google?) September 1, 2016 NULL
Greek banking shares are on the up as lenders start to trickle back into the black September 1, 2016 Greek banks have had a good day on the stock exchange in Athens, with three major players all closing up. Eurobank Ergasias climbed an impressive 5.8 per cent to close at €0.57. Meanwhile, Piraeus Bank closed up 3.4 per cent at €0.15 and Alpha Bank closed up 3.5 per cent at €1.78. The upward swings follow on from strong sets of [...]
London tech startup and Visa partner on blockchain – and want banks’ help September 1, 2016 A London-based blockchain startup has partnered with pay giant Visa and will start testing the technology to make cross-border payments. It's the latest collaboration between an established financial services firm and a startup to experiment with the distributed ledger technology which experts believe could reduce costs and speed up transactions. Read more: These big banks are [...]
An embarrassment, a bailout and a failing franchise: Politicians blast Southern’s £20m funding deal September 1, 2016 Politicians from City Hall, the House of Commons and the House of Lords have blasted £20m of new funding for Southern Rail, announced earlier today. The Department for Transport (DfT) revealed the cash as part of a package of measures to improve performance on the lines. It will also see the appointment of a new project [...]