Zac Goldsmith: I will work hand in hand with the government to make our great city greater still May 5, 2016 Eight years ago my friend Boris Johnson walked into City Hall. It was not a good time to win an election. The British economy was careering into the worst recession in living memory. People said London was finished as a global financial centre. But London proved them wrong. Eight years on and business is booming: [...]
Sadiq Khan: I will unite London and be the most pro-business mayor yet May 5, 2016 Millions of Londoners will have the opportunity today to vote for a new mayor. And when it comes to business and the financial sector, this election matters. London is an established global leader in business services and international finance. We are also a growing force in newer industries such as tech, low carbon and life [...]
Prepare for disintegration: How new technology and the euro-crisis legacy could break the EU apart May 5, 2016 Somewhat lost in the current debate over the UK and the EU is the fate of the European Union itself. Are we arguing over the membership of a club which might not exist 10 or 20 years from now? The pre-eminent American historian of the EU, John Gillingham, has written: “The EU is unfit for [...]
Queen’s 90th and Euro 2016 offer hopes to pubs as beer sales decline steadies May 5, 2016 The decline of beer sales is steadying – and the Queen has helped improve the fortunes of pubs further, according to the British Beer and Pub Association. The decline of sales slowed in the first quarter of 2016, falling one per cent on the first quarter of 2015, according to the Beer Barometer. It said [...]
EU Tobacco Products Directive chokes off the UK’s e-cigarette and vaping market May 5, 2016 The European Court of Justice (ECJ) yesterday ruled in favour of legislation that will significantly choke off the UK’s burgeoning, multi-million pound e-cigarette market. From 20 May, the EU’s Tobacco Products Directive will restrict e-cigarette advertising in print, on television and radio, as well as clamp down on the strength of nicotine liquids and flavours [...]
Crude oil surge pushes up the price of petrol at the pumps May 5, 2016 Motorists have suffered the second consecutive month of price rises at the pumps as a result of the rebound in the oil price. A 25 per cent increase in the cost of a barrel of oil from $36.51 to $45.49 has sparked the highest price since 10 November 2015, motoring group RAC data for April shows. [...]
These are the UK’s 10 highest paying companies according to new research from Glassdoor May 5, 2016 We've probably all wondered if the tech, banking and consulting sectors were really as lucrative as they seem to be. Now, a new report from recruiter Glassdoor has confirmed all our suspicions: they really, really are that well paid. In its inaugural pay report, Glassdoor has identified the 10 highest paying companies in the UK, [...]
Boohoo for Yahoo: Tech giant loses deal that generates $100m in annual revenue May 4, 2016 Yahoo has lost a major client, that brought it close to $100m in revenue annually, to tech company Synacor. AT&T is ending its 15-year-long partnership deal with Yahoo to host its website and other applications. According to the Wall Street Journal, most of the $100m Yahoo earned from the deal with AT&T was “pure profit”. [...]
Weight Watchers share price rises by 12.57 per cent as it surpasses expectations in the first quarter May 4, 2016 Weight Watchers shares have soared by over 14 per cent in after hours trading, after the company’s results for the first quarter came in ahead of expectations. Net revenue declined by 4.7 per cent, from $322m (£222m) in the first quarter of 2015, to $307m. The company posted a loss of $0.17 per share, compared [...]
The world’s top universities by reputation revealed – how many of them are in the UK? May 4, 2016 Some of the UK’s most prestigious institutions have slipped in a ranking of the world’s top 100 universities by reputation. The latest Times Higher Education rankings have shown that Cambridge and Oxford have been pushed into fourth and fifth place by the Massachusetts Institute of Technology and Stanford University, which came second and third on [...]