Where will Generation Rent live? Purpose-built private rentals go on sale in Lewisham January 25, 2016 Large deposits and rising house prices have left many young professionals floundering at the bottom of the property ladder, forced into the private rented sector for far longer than they ever intended to be there. This leaves a gaping hole in the market for good quality PRS housing and some developers, such as charitable housing [...]
Bosses beware: employees could cost you £2,000 by time wasting on Snapchat and Whatsapp January 25, 2016 It's every boss' worst fears come true: the average UK worker costs a company £2,149 a year through time-wasting. Six weeks is how long it takes for new employees to stop trying to impress and let their behaviour slip, according to job site reed.co.uk. Once they're settled into a new job workers spend an average of 33 [...]
Iran’s economy gears up for $50bn investment boom: President Rouhani expects Western investment following the lifting of sanctions January 25, 2016 Hopes of a surge in trade between Iran and the West are high after the removal of nearly all economic sanctions which have left the country isolated. The hard-fought deal means the opening up of a $400bn (£280bn) economy, sitting on vast fossil fuel reserves, with a youthful population of close to 80m. “It is such a potentially [...]
Guardian reveals cost-cutting plans: Membership focus to help break even as Kings Cross move considered January 25, 2016 The Guardian has revealed it plans to cut costs by 20 per cent over the next three years in a bid to break even and could even consider leaving its plush Kings Cross headquarters. The media group which publishes The Guardian and The Observer hopes to break even by 2018/19 by reducing operating costs which currently stand at £268m a year. [...]
Alan Johnson talks Labour’s relationship with business, its prospects in 2020 and the EU referendum January 25, 2016 Labour is a party in disarray. Under the leadership of Jeremy Corbyn, it is struggling to connect with the public and earn back the confidence of business. Some polls have Labour commanding just 25 per cent of the national vote. And it does not help that the party’s MPs seem constantly embroiled in public rows [...]
EU referendum: Lord Stuart Rose says the Leave side needs to be clear about what would happen in Brexit scenario January 25, 2016 Ahead of the upcoming referendum on the United Kingdom's membership of the European Union, Lord Stuart Rose, a leading figure of the In campaign, has said that there are huge risks to leaving the EU and that the Leave side needs to be clear on what would happen in a Brexit scenario. "I'm a bit of [...]
Global MBA rankings 2016: These are the best places for an MBA in the UK January 25, 2016 London Business School has been named the best place in the UK to study for an MBA in a comprehensive global ranking of the best business schools in the world. The school is second in the world only to Insead and Harvard Business School, and boasts FTSE chief executives, politicians and even an astronaut among its alumni. Cambridge's [...]
UK oil and gas jobs to be slashed as North Sea suffers – but the sector is warning about a short-term approach January 25, 2016 Confusing news from the UK's oil and gas sector, after a report suggested the number of jobs in the industry will plummet this year – but the industry is still worried about a skills shortage… The report, by certification body DNV GL, suggested 58 per cent of UK respondents working in the sector expected jobs to be [...]
The total value of all the property in the world is $217 trillion – 2.7 times the world’s GDP January 25, 2016 Add up all the property in the entire world, and you get $217 trillion (£152.2 trillion) of assets, a new report has suggested – that's 2.7 times the world's GDP. "To give this figure context, the total value of all the gold ever mined is approximately $6 trillion, which pales in comparison to the total value of [...]
Surprise! Beer campaign group says drinking beer makes you happier January 25, 2016 Going to the pub makes you happier, this according to a new study by Oxford University – which was carried out for… The Campaign for Real Ale (Camra). People who regularly go to their local are significantly happier, more trusting, have more friends and a better quality of life, according to the study: People who said [...]