EU referendum: ComRes poll finds most Brits want to stay in the EU January 30, 2016 The majority of Brits are in favour of staying in the European Union, according to the latest poll by ComRes, however opposition to membership ticked up slightly. Fifty-four percent of respondents in the poll carried out on behalf of the Daily Mail said they would vote to remain in the EU if the widely anticipated in/out referendum was [...]
HSBC down: Bank’s online banking back up after cyber attack January 30, 2016 HSBC today confirmed its online banking is back up following a cyber attack which forced it to go offline yesterday. HSBC said it had "successfully defended" its systems against a distributed denial of service (DDoS) attack but was not able to fully restore services immediately as it continued to experience threats. At the end of what HSBC described as "quite [...]
Does the Bank of Japan’s shock move to introduce negative interest rates signal the failure of Abenomics? January 29, 2016 NULL
Azerbaijan downgraded to junk status by Standard & Poor’s due to oil price rout January 29, 2016 The oil price rout has taken its latest victim – Azerbaijan, which saw its credit rating downgraded to junk status by Standard & Poor’s. The ratings agency said it expects the oil-dependent country’s economy to contract in 2016 as exports decline, while consumption will fall due to the devaluaton of the manat, its crisis-struck currency. “Oil [...]
From concrete diamonds to timing: Here are seven things you can expect from Crossrail construction in the year ahead? January 29, 2016 Crossrail has been little more than an annoyance for passengers over the past few years, but as the 2018 deadline draws closer it’s all starting to feel a bit real. So what can you expect from Crossrail in the year ahead? 1. It’s being delivered on schedule No, really. As of now, the project is [...]
Brent crude and WTI: Oil prices fall as hope over production cut fades January 29, 2016 Oil prices wavered today, as soaring oil output coincided with dampened optimism around a possible production cut from some of the world's biggest producers, the Organization of the Petroleum Exporting Countries (Opec) and Russia. Brent crude, the global benchmark, fell 0.35 per cent to $33.77 per barrel, after ending 2.4 per cent higher yesterday. West Texas Intermediate, the US [...]
Lifting of Iran sanctions causes Opec output to soar to fresh highs in January January 29, 2016 Opec oil production soared to its highest level in almost two decades this month, with Iran driving the largest increase in supply, according to a new survey. Saudi Arabia and Iraq also ramped up production in January, the Reuters data said. The oil market is already suffering with a massive supply glut, thanks to Saudi’s [...]
From Tesco and the death of the Defender to MBAs and Donald Trump: Here’s what got us talking this week January 29, 2016 HSBC celebrated the first pay day since Christmas by going offline (again). We learned that there are just 12 special words in every job interview. And everyone who wasn't 29 years old questioned this study. Here's what got us talking 1) You're not imagining it Yes, it's true: those commuting into London really do have it the [...]
Sam Smith, chief executive of FinnCap: This is why I believe in the AIM market January 29, 2016 The AIM market gets a hard rap. Commentators are often harsh with their criticism of the junior market, and prefer to highlight the disasters rather than the successes. Admittedly, AIM has not been without its problem children, but it would certainly be unfair to judge a whole market by the likes of Globo and Quindell, to name but [...]
Fire fighters and police called to car on fire at Heathrow Terminal Five car park January 29, 2016 Firefighters were rushed to put out a fire at Heathrow Terminal Five this afternoon. The blaze started at about 2.30pm in the car park at the airport's terminal, when a saloon car burst into flames. A spokesperson for Heathrow airport tweeted: "Police & fire services are on site. They're taking care of the incident. We don't expect [...]