Top tips from the experts on how to get lots of people looking at your property online March 7, 2016 In the last 12 months, a slew of online portals have opened up to help you sell or lease your property online. These websites are certainly cheaper than enlisting an estate agent, but they also involve more legwork. Here are some fool-proof ways to get your property noticed online, whether you’re selling up on PurpleBricks.com [...]
Bailout mission chiefs to return to Athens as Eurogroup chief Jeroen Dijsselbloem says it time to talk about Greek debt relief March 7, 2016 Mission chiefs from Greece's creditors will return to Athens as soon as tomorrow to race to complete the current stage of the country's €86bn (£67bn) bailout programme. After crunch talks in Brussels, Jeroen Dijsselbloem, president of the group of Eurozone finance ministers, said: The mission chiefs will return to Athens. There is enough common ground for their mission to continue. [...]
DeepMind’s AlphaGo versus Go world champion Lee Sedol: Everything you need to know about the man versus machine showdown March 7, 2016 Artificial intelligence is about to face its biggest test to date. The AI software AlphaGo created by British-based Google-owned DeepMind will face its most challenging human foe yet – the champion player of the chess-like ancient Chinese game Go, Lee Sedol. Man and machine will meet for a five set game in Seoul starting this week. Representing the human corner is [...]
UK banking and investment institutions are most knowledgeable and optimistic about bitcoin technology blockchain March 7, 2016 Lenders may not have a reputation for being particularly tech-savvy – but it turns out UK banks are among the most knowledgeable about blockchain, the technology behind bitcoin, according to results from a wide-survey conducted by FTI Consulting. The study, which targeted 772 respondents in the banking and investment sector from the UK, Germany, South Africa, Australia, Hong Kong, [...]
TV producer ITN sets out 2020 vision, with plans to increase revenue by 50 per cent and grow US presence five-fold March 7, 2016 Television producer ITN has set out plans to boost its revenue by 50 per cent in the coming years. The company, which creates content for ITV, Channel 4 and Channel 5, is aiming for a turnover of more than £180m by the end of 2020. Read more: ITV shares drop despite growth and Euro football hopes [...]
Bank of England to offer extra lending to banks around the time of the EU referendum March 7, 2016 The Bank of England today announced it will offer extra lending to banks in the weeks around the EU referendum to stave off the impact of uncertainty on the financial system. Banks will be offered three additional so-called long-term repo operations. They involve swapping cash for eligible collateral, mostly government debt, which is swapped back at a later date. The [...]
Kleinwort Benson’s Mayfair office sold to Hong Kong billionaire Joseph Lau’s Chinese Estates for £122m March 7, 2016 An property investment firm controlled by Hong Kong billionaire Joseph Lau has snapped up Kleinwort Benson's London headquarters in Mayfair for £121.7m. Chinese Estates has agreed to buy 14 St George Street from Aberdeen Asset Management, the pair announced today, in a deal representing a 3.5 per cent yield. Designed by Eric Parry, the four-storey building comprises 51,861 square feet and [...]
Bed specialist Dreams reports tripled earnings, and sales up 19 per cent, after restructuring March 7, 2016 Dreams do come true for some. Bed specialist Dreams has reported a tripling in earnings, and sales up 19.4 per cent, in 2015. The figures The company reported earnings before interest, taxation, depreciation and amortisation (Ebitda) of £21.1m, up 207 per cent from £6.9m in 2014 . This figure was pre-exceptional items – including one-off and non-recurring costs involving refinancing and restructuring [...]
International Women’s Day: More than two thirds of businesses led by women are in tech March 7, 2016 NULL
Apple will have to pay millions over ebook price-fixing after supreme court declines to hear case March 7, 2016 Apple will have to pay out $450m in a settlement over ebook price-fixing after losing a battle in the US courts. The supreme court declined to hear Apple's challenge to a previous ruling which found that the tech giant conspired with publishers to increase the price of ebooks. A New York court ruled in June last year that it [...]