City Moves for 22 September 2015 | Who’s switching jobs September 21, 2015 LEGAL & GENERAL INVESTMENT MANAGEMENT Katharine Photiou has been appointed head of workplace defined contribution, product and proposition, at the investment management firm. She joins from Barclays, where she was head of workplace savings. Photiou has also held roles at Mercer and Friends Provident, latterly as head of defined contribution corporate strategy and design. JP [...]
Wall St rises despite fall in biotech shares – New York Report September 21, 2015 THE MAJOR US stock indexes ended higher yesterday, rebounding from losses late last week with help from Apple and financial shares, but a drop in biotech shares limited Nasdaq’s advance. The Dow Jones industrial average rose 125.54 points, or 0.77 per cent, to 16,510.12, the S&P 500 gained 9.03 points, or 0.46 per cent, to [...]
Bank of England deputy governor Jon Cunliffe says UK economy “pretty strong” and next interest rate move likely to be a rise September 21, 2015 Bank of England (BoE) deputy governor Jon Cunliffe has said Britain's economy is "pretty strong" and that the next interest rate move should be in an upwards direction. "We’ve got to look 18-24 months ahead but if you put that economic picture together it seems that the next move on monetary policy would be up and [...]
QE programme details: Why all eyes are on ECB president Mario Draghi this week – eToro Tips & Picks September 21, 2015 The markets continue to be dominated by last week’s Fed rate decision. The Fed seems to have caused more concerns about emerging markets by not raising rates than it would have done if it had tightened policy. Investors are still trying to decipher just what last week’s meeting means for the markets and [...]
Volkswagen reportedly target of criminal investigation by the US justice department September 21, 2015 Volkswagen (VW) is reportedly the target of a criminal investigation on emissions by the US justice department according to a Bloomberg report. The company's shares closed down 23 per cent today, after chief executive Martin Winterkorn apologised for manipulating the carbon emissions data from Volkswagen and Audi vehicles. "I personally am deeply sorry that we [...]
Scottish independence: We voted “no” and it’s time to move on September 21, 2015 This time last year Scotland’s fate was decided, we said "no" to independence and now it's time to move on for the better. Following the hasty offering of more powers to Scotland, we essentially said “better the devil we know, than the devil we don’t.” A year on are we any further forward? This has [...]
London Bridge station works: These new pictures reveal more of its major makeover – this time Tooley Street September 21, 2015 If it feels like London Bridge looks a little different every time you go there (even when it's on your daily commute), then you're not half wrong. The billion-pound upgrade of the station which has been taking place for a while now will change the entire look of the area, and now, there are new [...]
Apple iOS 9 adopted faster than any other update and now accounts for 50pc of devices September 21, 2015 Apple says its latest operating system iOS 9 was the fastest adopted update in history, and now accounts for more than 50 per cent of devices. The figures come less than a week after the release of the update, which brings with it a better battery life and several other new features, and the company [...]
Skype down: Global outage, chat issues and status problems hit Microsoft’s video calling platform across UK, Europe and US September 21, 2015 Video calling platform Skype has been hit by a global outage that has locked users out for several hours. The problems first surfaced just before 9:30am on Monday morning (21 September) but were still affecting the Microsoft-owned system internationally well into the afternoon. According to user site Down Detector, there have been thousands of reported [...]
This TfL collision map shows London’s most dangerous junctions and roads when you’re on your bike, walking, driving or in a taxi September 21, 2015 If you're a cyclist in London, then Transport for London have published an amazingly useful map which can warn you of the spots on your journey where you're most at risk of being involved in an accident. The new interactive map, found at collisionmap.london, lays out the exact location of every single collision in the [...]