Paris terror attack suspect Mohamed Abrini has been arrested, Belgian media say April 8, 2016 Paris terror attack suspect Mohamed Abrinin has been arrested, according to Belgian media. Police have been searching for the suspect since the Paris attacks, last November. VRT News also said that another terror suspect could have been apprehended – the man who was seen talking to Khalid El Bakraoui shortly before he carried out the bomb [...]
Looking for love? This is where all the high-achieving singles are in London April 8, 2016 Looking for love in the city? London may feel like a lonely metropolis when you're avoiding eye-contact with everyone on the morning commute, but there are singles out there – if you know where to look. Data from dating site Elite Singles, seen by City A.M., shows which parts of London have the most high-flying singles in the city. [...]
Niesr: GDP growth set to shrivel this year as a smaller manufacturing sector weighs on UK economy April 8, 2016 Britain’s economy is growing at its slowest pace since 2012, according to the latest estimates of GDP from the National Institute of Economic and Social Research (Niesr). Niesr estimated that the UK economy grew by just 0.3 per cent in the first quarter of 2016 – a marked slowdown from the 0.6 per cent growth clocked [...]
EU referendum: £9m government leaflet will be considered for debate in parliament after a petition gets over 100,000 signatures April 8, 2016 As if David Cameron needed another headache, his government's decision to send out pro-EU leaflets will now be considered for debate in parliament after a petition garnered over 100,000 signatures. The petition was set up just hours after it was announced the government would be spending £9m on leaflets that would be send to 27m homes [...]
Best. Job. Ever: Lastminute.com founder Martha Lane Fox joins the board of Twitter April 8, 2016 When you think about it, it's an obvious choice: this afternoon it emerged Martha Lane Fox, one of the UK's best-known entrepreneurs, is joining the board of Twitter – and she's already pretty keen. Yep: as she announced it in a tweet, the Lastminute.com founder Lane Fox – also known as Baroness Lane Fox of Soho – added [...]
Dyson has unveiled its most powerful hoover yet – the V8 cord-free vacuum cleaner April 8, 2016 Around 500,000 hours of testing, on the back of 18 months in research and development, and a £250m investment has produced Dyson's most powerful vacuum cleaner yet. The Dyson V8 cord-free vacuum features a digital motor which can spin up to 110,000 times every minute, helping it achieve an even more powerful suction than its predecessor, the Dyson V7. Other improvements include a [...]
Why rising London house prices have got parents buying homes for their school-age children April 8, 2016 Every week, City A.M. invites an industry professional to write about an emerging trend in the property market. Over the past few years, given the exceptional price growth London has seen, the role of “the bank of mum and dad” in house sales has evolved considerably. No longer restricted to parents helping their 20-something adult children finishing [...]
EU referendum: Summit set to take place days after UK goes to vote April 8, 2016 A summit of European Union leaders could be rescheduled for five days after the UK's referendum, moving it from its traditional date. The move would allow leaders to contemplate the outcome of the referendum. The plan to have the summit on 27 June has been shifted by another day due to the possibility of a Spanish [...]
PwC tells emerging economies to get their act together on banking reforms April 8, 2016 Some of the world’s largest economies would be dangerously exposed in the event of a fresh banking crisis, PwC has warned, as it calls for emerging economies to push forward on reforming their financial sectors. With commodity prices volatile and GDP growth slowing, PwC has raised fears that the developing world has not made sufficient progress on [...]
Another sign London’s ultra-high-end homes are losing their sparkle, as One Hyde Park designer Candy & Candy falls into a loss April 8, 2016 When the first homes were sold in 2012, its gleaming towers became the centre of a storm of criticism: now the interior designer behind controversial uber-prime residential development One Hyde Park have slumped into a loss. Figures filed with Companies House yesterday show interior designer Candy & Candy, which designed the communal areas and many of the apartments [...]