London mayoral election 2016: Nearly half of London’s transport users say candidates haven’t spent enough time on transport issues May 4, 2016 Nearly half of London's transport users don't think any of the mayoral candidates have spend enough time addressing the capital's transport issues, according to new research. Research from taxi app Hailo found that both Sadiq Khan and Zac Goldsmith should use the last day of campaigning to make clear their case for ensuring the future economic prosperity [...]
Do these five charts explain the productivity puzzle? May 4, 2016 What do the UK’s jobs boom, the rise of self-employment, the plethora of start-ups, short-term investors, meetings, access to finance, employee wellbeing, the skills shortages, too much government and not enough government have in common? They’ve all been blamed for the UK’s productivity crisis. “Productivity” – a slightly woolly measure which basically divides total economic output by [...]
Exchange wars: London Stock Exchange shares plunge after American rival rules out bid to disrupt Deutsche Boerse merger May 4, 2016 The Intercontinental Exchange (ICE) traded blows with the London Stock Exchange (LSE) today as it ended plans to bid for its UK rival. ICE, which owns the New York Stock Exchange, blamed LSE executives for showing a “disappointing level of engagement”. But the LSE hit back with a statement indicating it had played by the [...]
London mayoral election 2016: Zac Goldsmith and Sadiq Khan in last ditch appeal May 4, 2016 Tomorrow London will take to the polls to elect its next mayor, so it's only expected that candidates are making last ditch attempts to appeal to voters across the capital. Conservative Zac Goldsmith and Labour's Sadiq Khan have been hitting the campaign trail hard one last time. And in their bids to succeed Boris Johnson, they're trying to appeal to [...]
Deutsche Telekom’s share price slumps despite staying on target for full year numbers May 4, 2016 A strong performance in the US has failed to prop up German carrier Deutsche Telekom's share price this morning. Revenue and profits managed to beat estimates, with adjusted earnings climbing to €5.16bn (£4.1bn), against analyst expectations of €5.1bn and up 12.9 per cent year-on-year. Sales rose by 4.7 per cent to €17.6bn, versus analysts’ estimates of €17.5bn. The company also said it was on [...]
EU referendum: Poll indicates Remain has the lead with 50 days to go until the vote May 4, 2016 With just 50 days to go until the United Kingdom votes on its relationship with the European Union Remain continues to lead, according to a new poll. The latest polling by TNS shows that Remain has 39 per cent of support, while Leave has 36 per cent of support. Some 26 per cent are still [...]
Why the advertising watchdog is taking issue with broadband providers May 4, 2016 The Advertising Standards Authority (ASA) announced this morning that it would be cracking down on misleading broadband price claims in adverts, but what's all the fuss about? Here are the top three ways that broadband companies have been accused of misleading customers: Too much mental maths involved Let's be honest: nobody enjoyed doing sums sans calculator [...]
Anonymous hackers launch cyber attack on Bank of Greece … no money taken May 4, 2016 The activist group Anonymous shut down the website of the Greek Central Bank yesterday, according to a report from Reuters, after it launched a distributed denial of service (DDOS) attack on the institution. “The attack lasted for a few minutes and was successfully tackled by the bank’s security systems,” an official said, adding that because the event took place on a public [...]
Report commissioned by Channel 4 argues privatising broadcaster would be “overwhelmingly negative” May 4, 2016 Privatising Channel 4 would be “overwhelmingly negative” and could attract a maximum £500m, according to a new report commissioned by the broadcaster. The government is currently considering whether to sell off the channel, which is publicly owned but privately funded. Culture secretary John Whittingdale recently talked up the prospect of selling Channel 4, saying it [...]
Watch: Timelapse video of Southbank Place construction begins May 4, 2016 Construction of Southbank Place – the £1bn scheme next to the Shell Centre – began last week. Foundations are being laid for the mixed-use development, by Braeburn Estates – a joint venture between Canary Wharf Group and Qatari Diar Real Estate Investment Company. The Shell Tower will remain the centrepiece of the site, framed by seven other [...]