Corporate Jet Investor London 2016: Market volatility could be about to hit private jet sales February 1, 2016 NULL
Premier Oil share price surges 115 per cent as two week suspension over E.On part-acquisition lifts February 1, 2016 Premier Oil's share price surged more than 100 per cent in early trading this morning, after the business started trading again following a two-week suspension. Shares lept as much as 115 per cent to 41p, and closed up 89.47 per cent at 36p. The shares were suspended on 13 January, when the energy business announced it [...]
Rolls-Royce share price dips, despite $2.7bn Trent engine deal with Norwegian February 1, 2016 Rolls-Royce has landed a $2.7bn (£1.9bn) contract with budget flyer Norwegian for engines and aftercare support for 19 new planes. The Trent 1000 engines will power 787 Dreamliner jets and the service package will also cover 11 previously announced aircraft. The airline, Scandinavia’s second-biggest carrier, also has options for 10 extra planes to run with [...]
The government has invested £20m to develop driverless car technology February 1, 2016 Say what you like about driverless cars, but the government seems pretty set on making them A Thing: business secretary Sajid Javid has unveiled a £20m fund to help those developing the technology. Eight projects focused on developing technology to create "enhanced communication between vehicles and roadside infrastructure or urban information systems" will share the cash, Javid announced at [...]
UK house prices: London Help to Buy is a thing now – but experts warn it could inflate risks (and only help high earners in the first place) February 1, 2016 Callooh callay, London's own Help to Buy scheme has launched this morning, the government's scheme to give first-time buyers a lift onto the housing ladder. The new scheme effectively doubles the help being given out previously, as the government makes loans of up to 40 per cent available for first and second-time buyers on new [...]
Now you can use taxi app Gett as a courier service throughout London February 1, 2016 First they brought us champagne, then they brought us wine. Now taxi app firm Gett is branching into courier services, offering customers an on-demand way of picking up and delivering parcels in and around central London. Launching today (1 February), Gett Courier will collect a parcel within 20 minutes, and deliver it within an hour as long as [...]
Chinese shares fall as manufacturing activity falls to its lowest since 2012 February 1, 2016 Shares in China fell overnight after a key manufacturing index fell to its lowest level since mid-2012. The official purchasing managers' index (PMI) fell to 49.4 in January, from 49.7 the month before – and missing forecasts of 49.6. Any figure below 50 denotes a contraction in the sector. The Shenzhen Composite index fell 0.93 [...]
Draft Investigatory Powers Bill: “Snooper’s Charter” puts UK tech sector in jeopardy, MPs warn February 1, 2016 A group of MPs has warned that the cost of implementing new legislation designed to give the government greater surveillance powers could put the UK's thriving technology sector in jeopardy. The cross-party group of MPs has warned that a lack of clarity in the so-called Snooper's Charter risks undermining UK tech by adding burdensome costs to businesses and potentially [...]
City Moves for 1 February 2016 | Who’s switching jobs February 1, 2016 EEF Dame Judith Hackitt, who is stepping down as chair of the Health and Safety Executive at the end of March, has been appointed as chair designate of EEF, the manufacturers’ organisation. She will take up the post on 4 April, replacing Martin Temple, who will step down after more than 17 years as director [...]
The six second sweet spot: Opera Mediaworks’ Mark Slade on WAP and Walter White February 1, 2016 Consumers may be spending more and more time on their mobiles, but the advertising industry has had a hard time convincing brands to follow them there. Now, things could be looking up. By the end of 2016, eMarketer estimates that mobile advertising will account for half of the £8.94bn spent on digital marketing in the [...]