First-time buyers who purchase a house this year will have already spent £52,900 on rent – or the deposit on a £1m house February 12, 2016 Those who are about to step on to the property ladder this year will have already cashed out £52,900 on rent, according to new research – more than you would spend on a five per cent deposit on a £1m house. And the figures published by the Association of Residential Lettings Agents (Arla) show that [...]
These are the 10 sexiest jobs: Lawyers, pilots and bankers February 12, 2016 With Valentine’s Day around the corner, the City’s single bankers can get ready for love – after it turned out their jobs are among the most attractive to the opposite sex. Both men and women found bankers to be among the top 10 sexiest professions when dating site eHarmony studied its users’ preferences. They missed out on [...]
Bad news for Valentine’s Day truffle buyers: Chocolate could be about to become more expensive as emerging markets develop a sweet tooth February 12, 2016 The price of chocolate could be about to leap, as inefficient farming methods come up against spiking demand, new research has suggested. Something to think about as you're scoffing those Valentine's Day truffles… The research, by Hardman Agribusiness, said western consumers now munch their way through 286 35g bars of chocolate a year. That's more than 10 kilograms [...]
Brent crude and WTI: Oil prices jump on renewed Opec deal chatter – but analysts aren’t convinced February 12, 2016 Crude prices jumped today as renewed chatter about a possible production cut deal swirled around oil markets. Brent crude, the global benchmark, jumped four per cent to $31.26 per barrel. Meanwhile, West Texas Intermediate, the US benchmarked, added 3.8 per cent to $27.19. It came after the United Arab Emirates energy minister Suhail bin Mohammed al-Mazrouei said [...]
London flooding risk: Riverside locations including Bankside, ExCel London, Putney, Chiswick and Teddington warned of risk Thames could breach its banks February 12, 2016 Parts of London both east and west along the River Thames have been warned there is a risk of flooding in the next few days because of high tides. Water levels are higher than usual for this time of year, prompting the Environment Agency to issue a flood alert along the riverside from the Thames Barrier in [...]
Monitise share price up even as losses quadruple February 12, 2016 Monitise has reported quadrupled losses as the troubled payments firm has had to write off £167m from its value. The figures Monitise reported pre-tax losses soaring from £58m to £211m in the six months to 31 December. At the same time, sales were down from £42m to £33m. The firm’s share price, which has plunged [...]
JD Sports appoints Pentland chairman Andy Rubin to its board as international expansion beckons February 12, 2016 NULL
How was your commute? More than half of us arrive at work in a state thanks to the morning rush hour February 12, 2016 Back in the day, when you were still bright-eyed and dreaming of a fancy job in the City, a squashed and sweaty ride on the London Underground at the height of rush hour probably did not feature in your thoughts. But that's not the reality we live in. According to a survey run by powwownow.co.uk, more [...]
UK house prices: Buying a house with your heart instead of your head costs more than £16,000 – but London isn’t the worst February 12, 2016 Waiting until you fall in love with a house before agreeing to buy it? New research claims that could really be hurting your wallet. Zoopla estimates that over a third of purchasers (34 per cent) spent more than their allocated budgets because they were ruled by their heart instead of their head – and the average [...]
City Moves for 12 February 2016 | Who’s switching jobs February 12, 2016 JOHNS&CO High-end estate agents JOHNS&CO has appointed two new directors. Clynton Nel and Chris Boswell both join from Hamptons International. Clynton, who has joined the team as residential director, will be based in the firm’s new Marsh Wall office in Canary Wharf. He has over 13 years’ experience in the property industry, specialising in renewals [...]