These nine chief executives of British firms are the best performing bosses in the world for shareholder returns and environmental, social and governance performance October 13, 2015 Nine chief executives of UK firms are the best in the world. The UK is home to the second largest number of top-performing bosses along with France, and second only to the US, according to a new comprehensive ranking based on company performance. WPP boss Sir Martin Sorrell emerged as the fifth best chief in the world [...]
Britons in favour of nuclear power – as long as it’s nowhere near their homes October 13, 2015 Most Britons support nuclear power, a new study has found – as long as it isn’t anywhere near their homes. A poll by the Institution of Mechanical Engineers found 56 per cent were in favour of the UK continuing to use nuclear power. Of those in favour, four out of five supported nuclear power because they believed it [...]
Just like football and rugby, professional video gaming events in the UK attract millions of views from around the world October 13, 2015 A UK-based sporting competition featuring some of the best professionals from across the globe competing for huge sums of money has recorded almost 60m views. This isn't the Rugby World Cup – but the Gfinity Championship Series, a series of 23 weekly eSports (professional, competitive video gaming) tournaments, hosted by Aim-listed company Gfinity. The UK-based company exceeded [...]
UK house prices: First-time buyer inflation is slowing, according to ONS house price index October 13, 2015 This could be the news first-time buyers have been waiting for. House prices for those getting a foot on the ladder increased by 3.8 per cent in the year to August, down from an increase of 4.4 per cent in the year to July, ONS figures out this morning show. The average price for a first-time [...]
ONS consumer price index: Pound tumbles as UK slips back into negative inflation in September October 13, 2015 The pound fell against the dollar to $1.52 this morning, after official data showed UK inflation turned negative for the first time in five months. The consumer price index slipped to -0.1 per cent in the year to September, missing economists' expectations for it to hold at zero. This marks the second time it's dipped into negative [...]
Thought London rental prices were bad? A New Yorker advertised a bar toilet stall to rent and got loads of responses October 13, 2015 Like London, we know that only the very flush can afford rental prices in Manhattan – but this is ridiculous. A New Yorker became so depressed at the property market in her city, she decided to advertise a toilet stall at the bar she worked in on a property site as a joke – but got more responses than [...]
IEA oil prices: Demand for oil is falling lower than expected October 13, 2015 Oil’s slump could be deeper than forecast, as oil demand is set to plunge further than previously expected. More bad news for oil producers: Until now, crashing oil prices have kept demand afloat. But that’ll come tumbling down too by next year, according to a new forecast from the International Energy Agency. The agency is [...]
Signal failure at Kings Cross brings Circle, Hammersmith & City Lines to standstill and delays on District and Metropolitan Lines as chaos descends at Victoria Station October 13, 2015 A signal failure at King's Cross was causing major disruption on the Tube network this morning, while commuters posted pictures of chaotic scenes at Victoria Station. Overcrowding at Victoria meant passengers were unable to get onto the Underground, and were queuing out into the train station. Commuters complained that this was the second day in [...]
Royal Mail share price falls as government sells off last 13 per cent stake – with one per cent going to staff October 13, 2015 Royal Mail's share price pushed the FTSE down this morning as the government revealed it had sold off its last 13 per cent stake in the business, with the remaining one per cent being gifted to eligible staff. The final tranche of shares was sold for 455p per share, taking the total raised from the sale to [...]
TfL’s Tube plans could lead to “millions more” lost in fare evasion, claims Labour’s London Assembly transport spokesperson Val Shawcross October 13, 2015 Transport for London has been accused of "making life easy for fare dodgers" by Labour's London Assembly transport spokesperson Val Shawcross. Using TfL's own data, Shawcross estimates that fare evasion costs the network £61m each year because of ticket barriers being left open. The data compiled from TfL's regular mystery shopper exercises shows that barriers were left open 6.9 [...]