Google’s Apple Pay rival Android Pay is finally here in the UK May 18, 2016 Good news for anyone eager to pay using just the swipe of their mobile, but who doesn't own an iPhone. Google's Android Pay is launching in the UK today, bringing the tap and pay technology to millions of smartphone users across the country. A rival to Apple Pay which launched last year, the app lets users pay by [...]
Busy and stressed at work? Great news – it’s good for you (in some ways) May 18, 2016 Stressed at work? Fear not – it could be good for you. A new study has found that day-to-day busyness improves cognitive function. Read more: Britain's bankers are more stressed than ever The Frontiers in Aging Neuroscience paper tested 330 adults aged between 50 and 89, assessing them on their busyness. The results found greater busyness [...]
Police call for witnesses after City A.M. distributor assaulted May 18, 2016 Police are appealing for witnesses after one of City A.M.'s newspaper distributors was assaulted last week. The attack took place on morning of Tuesday 10 May on Fish Street Hill by Monument Tube Station. A spokesman for British Transport Police said: “We are currently investigating after a man was assaulted at Monument station at around 7.40am on Tuesday, 10 May. “Enquiries [...]
Countryside says there has been no impact from tax changes or Brexit fears as it posts double-digit revenue and profit growth May 18, 2016 Housebuilder Countryside Properties's share price rose this morning after reporting double-digit rises in profits and revenues. The figures Adjusted revenues were up 24 per cent to £312.8m in the six months to 31 March, while adjusted proft soared 44 per cent to £50.8m. Adjusted operating margin also rose, up 220 basis points to 16.2 per cent. [...]
Energy supplier SSE reports profits drop amid “intense” competition May 18, 2016 Energy supplier SSE has seen its profits drop amid “intense retail market competition”. The figures The FTSE 100 company’s reported pre-tax profit was £593.3m for the year to 31 March, down 19.3 per cent from £735.2m. Adjusted pre-tax profits of £1.51bn were down from £1.56bn in 2015. Read more: SSE sells stake in its Scottish wind [...]
SABMiller toasts “good” results despite dollar headwinds and hit from Megabrew as growth driven by premium brands such as Peroni and Pilsner Urquell May 18, 2016 The soon-to-be acquired SABMiller toasted its "good" results for the financial year to 31 March this morning, despite taking hits from currency headwinds and lower reported profits. The figures Profit before tax came in at $4.07bn, down 16 per cent from $4.83bn in 2015, after the brewer had to manage exceptional charges of $721m, including costs incurred from [...]
Queen’s Speech 2016: What to expect today, plus where to watch it May 18, 2016 From Brexit to Islamic extremism, prison reform and driverless cars, the Queen's Speech is expected to set out a whole raft of new measures from the government. The Queen's Speech is expected shortly after 11:30am, as the centrepiece of the State Opening of Parliament, a tradition that dates back to 1536. The proposals are expected [...]
London Stock Exchange expects shareholder vote on Deutsche Boerse merger after the EU referendum May 18, 2016 The London Stock Exchange expects its shareholders to vote on the proposed merger with Deutsche Boerse after the EU referendum. The company said in a statement this morning that shareholder documents are expected to be published in June. And its shareholders are then expected to be asked to vote at a meeting in July. Read [...]
This London proptech startup’s landed £2m to help make renting less awful May 18, 2016 A London property technology startup which aims to be the Amazon of renting has landed several millions of pounds in funding from renowned tech investor Robin Klein, among others. Goodlord simplifies renting via an app which takes the hassle out of the paperwork with a "rental passport" that keeps hold of renters' information as well as making [...]