France’s Total is eyeing rival assets after revealing strong profit February 9, 2017 French oil major Total said it will raise its dividend and look into buying assets from struggling rivals after announcing better than expected fourth-quarter profit. The figures Adjusted net profit for the quarter ended 31 December raised 16 per cent year-on-year to $2.4bn (£2bn), trumping analysts' average forecasts of $2.3bn, according to Reuters. The quarterly dividend was [...]
Bank of Tokyo-Mitsubishi UFJ and MUFG Securities fined £26m by PRA for not being open February 9, 2017 Financial regulators have imposed £26m of fines on the Bank of Tokyo-Mitsubishi UFJ (BTMU) and MUFG Securities for not cooperating with investigations. The Prudential Regulation Authority (PRA) said the two companies had failed to be “open and cooperative” with the UK financial services regulator after an enforcement action by US authorities. BTMU and MUFG, which [...]
Theresa May is perceived as the best performing Prime Minister for 20 years February 9, 2017 It seems the honeymoon isn't over for Prime Minister Theresa May, who is performing better in the public eye than any of her predecessors for the last 20 years, according to new figures. In a survey of more than 2,000 Britons, Opinium found 39 per cent said May was doing a good job. Only Margaret [...]
Here’s how much less millennial men are earning February 9, 2017 Were you born after 1980? Are you a man? You're probably earning less than previous generations were at the same age. Millennial men have earned less than generation X (those born before 1980) every single year of their 20s, new figures reveal. And by the time they reach 30, the cumulative loss in earnings compared to the [...]
Revealed: London’s 40 first-time buyer hotspots February 9, 2017 Looking for a place to call your own in the capital is tough if you're a first-time buyer – although house price growth is lower, most places are still out of reach. But new research has listed the 40 areas in London where first-time buyers are still thriving, with prices in some of the most [...]
Germany exports reach record £1 trillion amid currency manipulation claims by Trump administration February 9, 2017 Germany’s trade surplus has reached a record high, as exports continue to rise to new heights from Europe’s largest economy. The figures come only two weeks after US President Donald Trump’s new trade adviser, Peter Navarro, accused the German government of manipulating its currency to “exploit” the US. Exports rose to €1.2 trillion (£1 trillion) [...]
Four stations, 65,000 extra journeys and 25,000 homes: TfL just gave us more details about its massive Bakerloo Line extension February 9, 2017 Transport for London (TfL) has set out new details about its much-anticipated Bakerloo Line extension, which will stretch from Elephant and Castle to Lewisham. TfL's plans include four new stations – two on Old Kent Road, one interchange at New Cross Gate and one at Lewisham, although it added there is potential for a further [...]
Russian gold miner Nordgold is delisting from the London Stock Exchange February 9, 2017 Russia's Nordgold today said it will delist from the London Stock Exchange to revamp its valuation. Owned by Russia's richest man, billionaire Alexey Mordashov, the gold miner said it has failed to increase its market capitalisation in line with rallying gold prices. Nordgold said its global depositary receipts (GDRs) were undervalued because of low trading volumes and general lack of liquidity caused [...]
This is what Londoners want within walking distance of their homes February 9, 2017 When it comes to buying a home, Londoners are the most demanding customers in the country. In the UK as a whole a staggering 25 per cent of people say they "wouldn't need anything in particular" near their homes, according to a survey by YouGov. Read more: This is how far house prices have plunged in [...]
Fake news and echo chambers help BBC Radio 4’s Today hit record listeners February 9, 2017 An "era of fake news" has helped the BBC's flagship radio news programme clock its biggest audience to date, new figures reveal. Radio 4's Today programme boasted 7.45m weekly listeners in the last four months of 2016. Listener numbers grew from 7.1m in the previous quarter and 7.03m in same quarter in 2015, according to the [...]