London house prices: Demand for luxury new-build apartments will drop this year – and prices won’t recover until 2018 February 29, 2016 Demand for London's luxury new-build apartments has fallen, one of the world's largest property services companies has admitted – and prices won't begin to recover until 2018. JLL said it was cutting its growth forecast for the capital's high-end properties, after economic uncertainty and the chancellor's three per cent stamp duty hike for second home buyers [...]
Labour party signs up former Greek finance minister Yanis Varoufakis to advisory role February 29, 2016 Former Greek finance minister Yanis Varoufakis just couldn't stay away from the political arena. After having left his position in the government and started his own political movement, he's now taking a role advising the Labour party. Supporting Her Majesty's Most Loyal Opposition, Varoufakis will be advising Labour in "some capacity" due to his experience in dealing [...]
As New Day dawns, Trinity Mirror reports statutory fall in revenue and operating profit February 29, 2016 NULL
Mastercard Monday: Free fares when you travel on Tube, train, bus, DLR and tram in London with Apple Pay February 29, 2016 Still struggling through those post Christmas months? Here's one way you can save some cash, and it involves nothing more than your normal daily commute. Anyone using Apple Pay with their Mastercard will be able to travel for free across the entire travel network, including Tube, train, bus, DLR and tram, on Monday (29 February). Read more: Why [...]
London house prices: Sub-£1m homes in central London “becoming extinct like the Dodo”, according to Wetherell and Dataloft report February 29, 2016 Remember the Dodo? That's the way affordable homes in central London are heading, a new report has claimed. Within the next 12 to 24 months, apartments costing less than £1m and houses valued at less than £2m "will become extinct across Mayfair and the West End", according to the latest research by Wetherell, with data analysis [...]
Homebase to be rebranded Bunnings after Wesfarmers completes £340m acquisition from Home Retail Group – now what’s happening with Argos? February 29, 2016 Home Retail Group has sold off its DIY chain Homebase to Australian group Wesfarmers, after shareholders voted 99.3 per cent in favour of the move. The deal, which was first submitted in December, valued the 265-store home improvement business at £340m. It was approved at an AGM last week and the deal was completed on Saturday [...]
Morrisons’ share price climbs as supermarket and Amazon reveal Pantry and Prime Now tie up – but Ocado’s share price is plummeting February 29, 2016 Morrisons' share price soared 5.4 per cent this morning, after revealing it had secured a major new agreement with Amazon, to sell "hundreds of products" via Prime Now and Pantry. The new tie-up, which will go live "in the coming months", will see Morrisons provide a wholesale supply service to Amazon, offering delivery of its ambient, fresh and frozen products. [...]
The Royal Mint is issuing technicolour coins featuring Peter Rabbit to celebrate Beatrix Potter’s 150th birthday February 29, 2016 To celebrate children's author Beatrix Potter's 150th birthday, the Royal Mint has pulled the rabbit out of the hat with a selection of technicolour coins commemorating her most iconic character, Peter Rabbit. Following the Beatrix Potter coin revealed at the start of the year, four more coins finished in full colour are being released throughout 2016, with the first vibrant [...]