How to raise your risk intelligence: Embrace numbers and constant feedback to make better choices April 29, 2015 Whether it’s investors estimating the future price of a stock, or anyone deciding what career to pursue or where to buy a house, we are constantly faced with the need to weigh up risk. Despite this, psychologists Daniel Kahneman and Amos Tversky — who laid the ground for our modern understanding of judgement and decision-making [...]
Federal Reserve keeps interest rates near zero but hints at hike in the near future April 29, 2015 Following its two-day policy meeting, the Federal Reserve has confirmed it is keeping its target interest rate at close to zero per cent, but says it will raise it soon if the US economy continues to grow. Since the 2008 financial crisis, the US central bank has kept its rates at a record low in [...]
General Election: David Cameron promises to stop tax increases with new law April 29, 2015 If the Conservatives are voted in at the General Election, David Cameron has promised to introduce a new law that would prevent tax increases for five years. During a speech today, he said Britons should be allowed to keep hold of what they earn, and that they have paid “enough tax”. "It's time for [...]
Escaping the City: Thousands of people are starting to leave and do their own thing – here’s how they make the leap April 29, 2015 Hidden behind a mountain of shoe boxes in the middle of a Surrey Quays office block, Eralp Bayram and Michael Haynes can be found staring determinedly at their laptops as they try and work out how to turn the footwear industry on its head. With children's shoe shopping stuck firmly in the off-line realm, the [...]
TfL boss Sir Peter Hendy apologises for calling Southeastern trains s**t and criticising London Bridge chaos April 29, 2015 Transport for London (TfL) boss Sir Peter Hendy hit the buffers last week in an embarrassing gaffe when he called train services into London s**t. It may have cheered commuters to hear some honesty about the commuting situation – particularly the disaster-prone London Bridge served by Southeastern trains – but Hendy has now changed track [...]
Nepal earthquake: JCB donates $1m-worth of diggers to relief effort April 29, 2015 As the tragic details of the disaster in Nepal keep unfolding, individuals, charities and even corporates are donating time and money to help the relief effort. Today plant machinery manufacturer JCB has donated $1m (£646,000)-worth of diggers and electrical power generators to help those dealing with the aftermath of Saturday's earthquake, which measured 7.8 [...]
Europe is green with envy at our vibrant markets for equity finance April 29, 2015 MONEY might not actually make the world go round, but much of what we take for granted is built upon a hefty pile of it. And without people willing to take a bet on the future – investing in the next generation of entrepreneurs – the pace of growth would slow dramatically. Furthermore, recent [...]
General Election 2015: Van containing 200,000 ballot papers stolen overnight April 29, 2015 Thieves have stolen a van containing more than 200,000 ballot papers for constituencies in the south east. The vehicle – which is not thought to have been stolen for its contents – held 72,300 voting slips for Hastings and Rye and 130,000 for Eastbourne. The papers had been printed in London and were [...]
Is Uber planning an on-demand service for luxury shopping deliveries? April 29, 2015 Uber could be delivering more than just people from A to B: the controversial taxi app is said to be eyeing a move into shopping deliveries. Not just any kind of delivery, though – Uber doesn't want to be the next Ocado. It wants to deliver luxury brands such as Louis Vuitton, Tiffany's, Hugo Boss [...]
Ashcroft poll: Nigel Farage set to lose South Thanet while Nick Clegg trails Labour in Sheffield Hallam April 29, 2015 Tory peer Lord Ashcroft's latest round of polls show Nigel Farage two points behind his Conservative opponent Craig Mackinlay in the key battleground constituency of South Thanet. The Ukip leader has said he will resign as party leader if he fails to take the Kent seat. The Tories have marginally increased their lead over Ukip in South [...]