“Flash crash” trader Navinder Singh Sarao due to appear in London court tomorrow facing extradition to the US February 3, 2016 The British trader accused of contributing to May 2010's "flash crash" is due to appear in court tomorrow where he faces extradition to the US. US authorities have alleged that Navinder Singh Sarao, who has been nicknamed the "hound of Hounslow", rigged the market by using an automated process to place a large number of sell orders before withdrawing them shortly afterwards [...]
Peer-to-peer lending: Why the Innovative Finance Isa and investor interest in the property market will make 2016 a turning point for P2P February 3, 2016 NULL
Valentine’s Day 2016: Groupon lets London singles take their Tinder game to a new level by projecting photo on Piccadilly Circus billboards February 3, 2016 Are you a Londoner unlucky in love? Are you cool with your face shining out from the city’s famous lights? One "lucky" singleton will have a giant photo of themselves splashed across the Piccadilly Circus billboards for half an hour on Valentine’s Day, courtesy of Groupon. Passers-by who take a fancy to the brightly-lit Londoner will be able [...]
Job vacancy data shows British workers are applying to higher-paying roles but could push harder February 3, 2016 British workers have a shot at boosting their wages. Jobs advertised in January had an average salary of £39,576 – up 2.6 per cent on the year, according to data from reed.co.uk. Those hunting new roles applied for jobs paying £27,020 on average. This was 4.3 per cent higher than in January 2015, but well [...]
These 13 property developers will help TfL build its property empire – including British Land, Balfour Beatty, Land Securites, Berkeley, Redrow and Canary Wharf Group February 3, 2016 Transport for London has chosen 13 companies to help it build thousands of new homes on its unused land and generate billions of pounds of new revenue. Canary Wharf Group, Land Securities, Balfour Beatty, Barrat Homes and Berkeley Group are among those chosen to develop 50 sites in to homes, offices and retail outlets across London. [...]
US dollar and stocks down after economic data fuels growth concerns February 3, 2016 US stocks and the dollar lost ground today after negative economic data cast doubt on the strength of the US economy. The dollar is down by over one per cent against the pound, with one dollar currently buying £0.6870, and has also lost a similar amount against the euro. The S&P 500 is currently down 1.18 per [...]
Top interiors tips for turning your dreary rental property into a cosy home sweet home February 3, 2016 Whether you’re renting in the city for work or you’re not quite ready to climb on to the property ladder, your rental property still needs to feel like home. Most, however, look pretty, well, beige so here are some tips from interior design and property experts on how to put your stamp on a property [...]
US non-manufacturing sectors register weakest growth since 2014 as concerns grow over global economic conditions February 3, 2016 The US economy had a tough first month of 2016, according to survey data published today. The Institute for Supply Management's non-manufacturing purchasing managers' (PMI) index dropped to a score of 53.5 in January, its lowest since early 2014. Scores above 50 imply the non-manufacturing sectors grew over the month. However, January's score suggests economic growth [...]
What will the mobile world look like in 2020? Predictions suggest smart devices, mobile video and connections skyrocketing February 3, 2016 There’s going to be three times more mobile connections than people in the UK by 2020. Thought we’d reached peak smartphone? Think again: the number of mobile connections is going to keep soaring, and are set to double in the UK over the next five years, from today’s 1.5 per person to three. Globally, there [...]
EU referendum: It is not surprising that Home Secretary Theresa May gave Prime Minister David Cameron her backing on EU reform February 3, 2016 Should European leaders agree the draft agreement on EU reform published by Donald Tusk yesterday, I believe it will make our membership of the European Union work even better for Britain. I am encouraged that even those traditionally more sceptical about the EU such as Theresa May see the draft as “a basis for a [...]