2015 Orionid Meteor Shower: When is it, what is it and where can I see it? October 20, 2015 The Orionid meteor shower happens every year and is connected with Halley’s Comet; it's the debris from its most recent passage, back in 1986, hitting the Earth’s atmosphere. The meteors are the debris left behind by Halley's Comet, which last whizzed past the Earth in 1986, and are the particles from that last passage that slammed against the [...]
FTSE 100 ends the day flat as InterContinental Hotels Group leads the pack October 20, 2015 The UK's top share index traded relatively flat on Tuesday but outperformed other European indexes. The FTSE 100 closed 0.02 per cent up, at 6,353 points, while France's Cac closed 0.50 per cent lower at 4,680 and Germany's Dax finished Tuesday's session 0.01 per cent up at 10,165. However the FTSE 100 is still trading nearly 11 per cent below its [...]
Eviction notice: Rising rents could topple London’s thriving tech industry October 20, 2015 If nothing is done to tackle the capital’s surging property prices, the future looks bleak for London’s small businesses. Today’s Federation of Small Businesses (FSB) “London Manifesto” revealed that over half of the 7,000 London-based small businesses it surveyed said that business property costs require urgent reform. This comes as no surprise, seeing as firms [...]
Revival in business financing justifies UK interest rate hike, says Bank of England’s Ian McCafferty October 20, 2015 Solitary Bank of England dissenter Ian McCafferty has said a recovery in lending justifies an interest rate hike coming sooner rather later, especially if rates are to go up only gradually in future. McCaffery who was the only member of the Bank’s nine-strong monetary policy committee to vote for a hike at the beginning of [...]
The best reactions to Sajid Javid Vs. John Bercow October 20, 2015 Business secretary Sajid Javid was earlier schooled by Speaker of the House John Bercow. The remarks by Bercow came after a speech in which Javid was responding to a question from a Labour MP on the steel industry, following the announcement by Tata Steel that they were going to be cutting 1,200 jobs at its plants in [...]
Happy World Statistics Day! Five charts showing why the world is a better place than you think October 20, 2015 Whoopee, it’s World Statistics Day at last. …said no one, ever. But maybe we should. As the sheer amount of statistics available to us continues to grow exponentially in the digital age, experts are arguing that we can use this information to make the world a better place. The UK’s National Statistician John Pullinger argued [...]
Mark Carney says Bank of England’s EU referendum input will be “a bit of a yawner” October 20, 2015 Bank of England governor Mark Carney has played down the Bank’s analysis of a UK exit from the EU, telling an influential group of MPs it would be "a bit of a yawner". The Bank is due to publish its findings tomorrow after investigating the potential impact leaving the EU would have on its ability to steer the [...]
Developer Irvine Sellar unveils £1bn “Shard of west London” to rejuvenate Paddington October 20, 2015 Irvine Sellar, the man behind The Shard, has unveiled his latest proposals for a larger-than-life tower – and they don't disappoint. The developer has used Shard architect Renzo Piano to design a 65-storey building for a site next to St Mary's Hospital in Paddington. The new building will be 65 storeys high (rather than its [...]