European Banking Authority agrees key features of 2016 EU-wide stress test July 15, 2015 The biggest banks in Europe will soon face more stress tests to ensure they are in a position to weather any further storms in the financial markets following the global financial crisis. The European Banking Authority (EBA) has agreed some key elements of an EU-wide stress test due to take place in 2016, based on [...]
Are you a Mary Poppins, a Mr Hyde or an Ernest Hemingway? Four drinking personality types revealed July 15, 2015 When you're having a couple of well-earned drinks after work, do you find yourself getting more chatty and confident? Or do you resolutely stay the same, pint afte pint? Maybe you get yourself into arguments – even fights – as the drink gremlins surface? Well it turns out there's a definite pattern to our [...]
Iran nuclear deal: From oil prices to GDP, how have sanctions affected the country? July 15, 2015 After nine years of negotiations between Iran and leaders from the snappily-titled "P5 +1" nations – the US, the UK, France, Russia, China and Germany – agreed yesterday to lift sanctions on Iran. But what does that mean for the country's economy? Sanctions were first applied to Iran in 1979, after the storming of the [...]
Amazon Prime Day is here: These are the best lightning deals – including PlayStation, Xbox, HDTVs, Kindles July 15, 2015 Amazon is attempting to recreate the shopping frenzy that was Black Friday with a bumper day of sales and promotions for Prime members. Amazon Prime Day has more deals up for grabs than the shopping day back in November which sparked fisticuffs in supermarkets and record sales. The online retailer is offering customers around the [...]
Women’s confidence in fair pay plummets as fewer women than men expect a pay rise July 15, 2015 Women are far less likely than men to expect a pay rise in the next year. Just 27 per cent of women feel “confident” that they will get a raise within the next 12 months, compared to 40 per cent of men, according to a new survey from careers website Glassdoor. Overall, expectations of a [...]
Where can you earn most? Wages grow fastest in Northern Ireland, Wales and North East – but London still has the highest salaries July 15, 2015 Yes, wages are still highest in London – but the capital isn’t where salaries are growing fastest. Wage growth is higher than it’s been for five years, showed fresh labour market statistics released by the Office for National Statistics today. This is far from evenly split, however. Those working in Northern Ireland, the North East [...]
Wage growth hits five-year high but unemployment rises July 15, 2015 While UK wage growth soared to a five-year high in the three months to May, unemployment unexpectedly rose for the first time in more than two years. Average weekly earnings, including bonuses, rose 3.2 per cent during this period, slightly below economists' expectations for a 3.3 per cent rise according to figures released today by the Office [...]
Facebook Messenger plans digital assistant like Apple’s Siri to help us shop July 15, 2015 It looks like Facebook is working on developing a digital assistant, modeled after a certain secretary in James Bond. This new feature won’t have much in common with Apple’s Siri or Google Now, though. Instead, Facebook just wants to help us shop more. According to a report in The Information, developers are currently calling the [...]
British Gas to cut household prices by five per cent July 15, 2015 British Gas has promised to cut household gas bills by five per cent – the second such reduction in six months. The price cut will come into effect for British Gas' 6.9 million customers from 27 August. The utilities giant said this latest drop would save the average home £35. In total this year's [...]
Tech London Advocates’ Russ Shaw: Why transparency on pay will help, not hinder, London’s tech sector July 15, 2015 The Prime Minister's plans to force firms to publish average salaries of male and female employees has been met with reluctance from many within the private sector but it has kept the spotlight firmly on diversity and talent within British business. Within the technology sector, this continued focus from government and business leaders is [...]