No snow, but Met Office puts weather warnings in place for Greater London, Kent, Oxfordshire and West Sussex January 14, 2015 London might not be getting any snow this week, but the Met Office has put out warnings that heavy rain and wind could lead to localised flooding and travel disruption. The UK's weather authority has put severe weather warnings in place for Greater London, Kent, Oxfordshire, West Sussex, Portsmouth and Southampton, saying affected areas [...]
Tesco’s share price nears pre-overstatement level for the first time in four months January 14, 2015 Tesco's share price is nearing the level it was before the supermarket admitting to overstating its profits in September, thanks to a sustained rally in the last month. Shares in the UK's largest retailer have risen more than 30 per cent since mid-December and at pixel time this morning the business was up 2.1 [...]
ECJ deals bitter blow to Addison Lee as black cabs retain exclusive right to bus lanes January 14, 2015 London's black cabs have retained the exclusive right to share the capital's bus lanes as a result of a ruling by the European Court of Justice (ECJ). Eventech, the owner of a minicab fleet used by Addison Lee, brought the case to the ECJ after losing at the High Court. The company decided to fight [...]
Cineworld expects Bond and Star Wars to deliver blockbuster box office in 2015 January 14, 2015 Cineworld is expecting a blockbuster year in 2015 thanks to a slate of forthcoming films that includes new installments to the iconic James Bond, Star Wars and Jurassic Park franchises. The cinema chain foresees a strong a year ahead to follow what was a successful year in 2014. In a trading update Cineworld [...]
Eurozone industrial production beats forecasts in November January 14, 2015 There's finally some good news from the embattled Eurozone, after its factories posted a surprise increase in output. Eurozone industrial production climbed 0.2 per cent in November, defying economists' forecasts for no growth. Industrial production was just 0.4 per cent lower than a year ago, which beat economist' estimates of a 0.7 per cent decline. [...]
Mining meltdown: Antofagasta, Glencore and Anglo American share prices plummet amid copper selloff January 14, 2015 Miners led the FTSE 100's biggest fallers in morning trading after a sudden collapse in copper prices knocked oil off the top of the commodities watch list. The metal plunged by more than six per cent after the World Bank slashed its global growth forecast for 2015. Antofagasta was the biggest faller, with shares dropping [...]
Men don’t want mums to stay at home any more – they want childcare to be split evenly January 14, 2015 We no longer live in a society where men expect women to stay at home and look after the children while they go out and earn the money. In fact, only 22 per cent of people in the UK still cling to this old fashioned view of gender roles, with even more men than [...]
Financial crisis book The Big Short to be made into movie with Brad Pitt, Christian Bale and Ryan Gosling on board January 14, 2015 One of the bestselling books about the financial crisis, The Big Short, is to get the Hollywood treatment with a string of A-listers on board. While the worst of the financial crisis is over (but full economic recovery debatable), the appetite of cinema-goers to linger on the drama, which began unfolding in 2007, is still [...]
Top economists cheer falling price of oil and say higher US growth is on the way January 14, 2015 The sharp drop in the price of oil is good news for the US economy and will result in higher growth over the next few years, according to a panel of top economists. The IGM Panel of 41 distinguished economists was polled on this statement: The recent decline in oil prices will promote higher real [...]
OMT decision: Euro falls to nine-year low as European Court of Justice rules ECB bond buying programme is legal and “necessary” January 14, 2015 The euro fell to $1.17425, a nine-year low against the dollar and below the level it first launched at in 1999 after after a European Court ruled the European Central Bank's (ECB) bond-buying programme was both "necessary" and "in principle". Pedro Cruz Villalon, advocate general at the European Court of Justice, said the Outright [...]