London mayoral election 2016: Sadiq Khan did a live web chat with Mumsnet and we found out what his favourite biscuit is April 25, 2016 Labour hopeful Sadiq Khan may be the bookies' favourite to win the mayoral election, but his campaign shows no signs of slowing. The MP for Tooting spent Monday lunchtime at Mumsnet HQ in Highgate, while London's mothers flocked straight to their computers to quiz the candidate on everything from housing to his biscuit preferences. Mums across [...]
Low oil prices will lead to skills crisis for North Sea and mean UK does not realise full potential of oil and gas reserves April 25, 2016 A leading industry expert has raised concerns that low oil prices could dampen the long-term prospects for the North Sea, create a generational skills crisis and lead to oil being left in the ground. Alan McCrae, a partner at PwC who heads up oil and gas tax, said that unless there was a “dramatic recovery [...]
This exceptional house has come up for sale by The Solent with its own jetty and waterside cabin April 25, 2016 Calling all sailors to one of the most exceptional contemporary homes on the market, on one of the most sought after roads overlooking The Solent. River House is a remarkably modern home with lots of flexible space and promising outbuildings in the popular harbour village of Itchenor. And it’s only an hour and half away [...]
Forget the kitchen wine rack: Here’s how to display your burgeoning booze collection with pride April 25, 2016 French rock, said John Lennon, is like English wine. In other words, pretty bloody awful. But a lot has changed in the last couple of decades and even serious wine snobs are now grudgingly enjoying British-grown vino. Red wine, meanwhile, has overtaken beer as the nation’s favourite tipple to drink at home after a hard [...]
Ladbrokes’ non-executive director Richard Moross will step down from board in May April 25, 2016 Ladbrokes' non-executive director, Richard Moross, has announced he will step down from the betting giant's board of directors at this year's annual general meeting (AGM). Moross will cease to be a director from 5 May. He joined the board in 2012 and has decided to step down so that he can devote "more time to his [...]
We flew to Sweden to test out the Rolex of beds, which promises nights of unbridled pleasure April 25, 2016 Sorry to break it to you, but Brits just aren’t that great in bed. According to the National Sleep Survey more than half of the UK population has trouble nodding off and four in five complain of disturbed sleep. The accumulated impact of dodgy sleep on our waking hours is a real issue, affecting everything [...]
The Bank of Japan could unleash a triple dose of monetary stimulus – negative interest rates, quantitative easing and paying banks to borrow more April 25, 2016 The Bank of Japan (BoJ) looks geared to ramp up its reputation for out-of-the-box thinking when it meets later this week, unveiling an extra bout of monetary easing which could lead to it paying banks to borrow money. Japan's fight with deflation has been notorious. In 10 of the last 20 years prices have actually [...]
Saudi Aramco set to be valued at more than $2 trillion as Saudi Arabia confirms five per cent stake sale April 25, 2016 Saudi Aramco, the Kingdom of Saudi Arabia's state owned oil company, will be valued at over $2 trillion (£1.38 trillion) when less than five per cent of the company is sold through an initial public offering. The valuation would make it the most valuable company in the world, over taking Apple which has a market capitalisation of $607bn. The [...]
UK house prices: Hundreds of thousands of homeowners who bought in 2007 are still stuck in negative equity April 25, 2016 Average house prices in more than half of UK towns and cities are still below 2007 levels, new research has claimed, trapping hundreds of thousands of people who bought at the top of the market in negative equity. Around 1.5 million property transactions were completed at the top of the market before the banking collapse [...]