Renters in the West Midlands experience more rent increases than those in London October 29, 2015 Thought rent in the capital was bad? More tenants in the West Midlands experience rent increases than those in London, new data has shown. Three in five letting agents in the West Midlands witnessed a rent increase for tenants in September, compared to just under a quarter of letting agents in London noticing rent increases since last month, according [...]
Samsung share buyback pleases investors after third quarter profit beats expectation October 29, 2015 Samsung has revealed a 4.2 trillion won (£6.5bn) share buyback after its third quarter profit beat expectations, sending shares in the South Korean tech company to their highest in nearly six months. Operating profit jumped 82 per cent on the same quarter last year to 7.4 trillion won on revenue of 51.7 trillion won which also grew [...]
Lloyds share price falls as UK government sells another £1bn shares taking its stake below 10 per cent October 29, 2015 The UK government has sold another £1bn Lloyds shares, amounting to a one per cent stake in the bank. The latest sale whittles the taxpayer's stake down to below 10 per cent, allowing the government to recoup £16bn. "It’s fantastic news that we’ve sold more shares in Lloyds Bank, taking the total recovered to £16bn," chancellor George [...]
UK media powerlist: These are the most influential people in media, advertising and communications on social media October 29, 2015 The creative industries of media, advertising and communications contribute billions to the UK economy and employ more than half a million people. But who’s making all that happen? We’ve put together a list of the leaders, the influencers, the movers and shakers, and the people creating a world-leading industry who have most clout on social [...]
Aviva “maintaining the momentum” of turnaround October 29, 2015 Aviva is "maintaining the momentum" of its turnaround, keeping the business on track for ongoing growth. The figures Within life insurance, value of new business grew 25 per cent to £823m, up from £685m for the same quarter last year, while Aviva platforms attracted £2.2bn net inflows in the nine months to 30 September. New business [...]
London Poppy Day 2015: Thousands of military personnel hitting London’s streets to raise money ahead of Remembrance Sunday October 29, 2015 Seen a few men in uniform on your way into work this morning? That's because thousands of military men and women are taking to London's streets to try and raise more than £1m in one day. Personnel from the Royal Navy, Army and RAF, as well as their supporters, are heading to 49 Tube and [...]
Royal Dutch Shell’s share price tumbles as group posts dramatic loss as falling oil prices take toll October 29, 2015 Royal Dutch Shell's share price tumbled this morning after it revealed a third quarter loss of $7.4bn (£4.8bn) as the company gets to grips with the falling oil price. The figures The Anglo-Dutch oil giant posted its dramatic loss on the back of nearly $8bn-worth of exceptional items. Adjusted net income fell to $1.77bn, missing expectations that [...]
Finchley Road fire latest: Lane restrictions still in place after huge blaze October 29, 2015 The fire at a shop on Finchley Road was still causing disruption to local traffic more than three days after it first broke out. The blaze, which was reported to London Fire Brigade on Monday morning just before 6:30am, had yet to be fully put out yesterday afternoon, with 10 firefighters on the scene attempting [...]
EU referendum: “UK is yet to reveal details of renegotiation”, say European leaders October 29, 2015 As Prime Minister David Cameron met with eight other European leaders in Iceland yesterday, two revealed the United Kingdom has not yet laid down concrete plans on what it wants to achieve in a renegotiation with the European Union. Cameron has previously said he will announce a full set of proposals in November, adding that "negotiations [...]
Business ethics doesn’t need to be greeted with cynicism: Stop using abstract terms and start telling stories October 29, 2015 In a memo to Barclays staff, incoming chief executive Jes Staley laid out his ethical vision for the bank. “There can be no retreat from becoming a values driven organisation which conducts itself with integrity at all times,” he said. Unfortunately for Staley, company values can often fall on deaf ears, especially when you’re [...]