Diageo investing €25m in new Irish whiskey brand January 31, 2017 The world’s largest spirits producer will launch a new whiskey brand “Roe & Co” in March with bottles expected to retail at around £30. Until a new facility is completed at the company’s Guinness HQ in Dublin, Roe & Co will be produced from whiskies sourced across the firm’s Irish distilleries. The investment marks a [...]
Got an active dog? New technology could lower your pet insurance premiums January 31, 2017 The UK is a nation of dog lovers. And for those of us that know what it is, the country is also becoming rather a fan of the burgeoning internet of things. So with the good old fashioned entrepreneurial spirit Britain is famous for, PitPat, founded by former Dragons' Den contestant Andrew Nowell, has developed technology to monitor [...]
MPs will debate Donald Trump’s state visit next month January 31, 2017 MPs will next month hold a debate on whether US President Donald Trump should be granted a state visit to the the UK in light of his harsh new immigration regime. Trump instituted new rules last weekend, temporarily blocking passport holders from seven Muslim majority countries in Africa and the Middle East from travelling to America. [...]
Nintendo profits surge on weaker yen and smartphone success January 31, 2017 The falling yen, the sale of a baseball team, and Pokemon Go revenue, have all offset a decline in sales at the games giant Nintendo. The Japanese firm reported profits of 64.7bn yen (£456m) in the final quarter of last year. Nintendo’s profit outlook almost has almost doubled this year, and it is now expecting [...]
H&M profits get a small boost as new store opening on the cards January 31, 2017 Fashion darling H&M today revealed a small increase in profit after missing estimates for five of the previous six quarters. The figures The Spanish retailer's profits after tax stood at £1.7bn (18.636bn kronor) in the year ending 30 November 2016. Sales in the first 29 days of this month rose 11 percent at constant currency rates, up [...]
Donald’s views on Donald: Tusk hits back at Trump’s remarks on the EU January 31, 2017 Donald Tusk has today slammed the "worrying declarations" about the EU made by new US President Donald Trump. "For the first time in our history, in an increasingly multipolar external world, so many are becoming openly anti-European, or Eurosceptic at best," read a letter from the president of the European Council to EU member state [...]
Walter Presents and chill? Channel 4’s foreign language, Netflix-style service to launch in US January 31, 2017 A Channel 4-backed online streaming service for foreign-language dramas is to launch in the United States. Walter Presents, a subscription-video-on-demand (SVOD) service, launched in the UK last year. It was founded by Global Series Network’s Walter Iuzzolino and is majority-owned by Channel 4. For $6.99 (£5.60) a month, US customers will have access to 34 series [...]
Mortgage approvals hit a nine-month high in December January 31, 2017 The Bank of England's mortgage borrowing hit a nine-month high in December as the housing market recovered from the lull it experienced in the months after the Brexit vote. At 67,898, the number of mortgage approvals for house purchases increased 10.7 per cent from the low (61,335) it hit in August. Read more: I can't help but [...]
Look smart: essential facts about Smart Cities UK January 31, 2017 | City Talk The UK cities will have to adopt a transformational approach to many aspects of infrastructure to attract investment and operate more efficiently, a London conference has heard. Held at Chelsea’s Stamford Bridge stadium, the Smart Cities UK 2017 Conference, Expo and Awards is part of a global initiative for major conurbations to achieve Smart City status. [...]
Investors failed to keep calm and carry on in 2016, despite markets hitting new highs January 31, 2017 Investors were spooked by politics in 2016 and, despite markets like the FTSE 100 hitting record highs, fund sales were at their lowest since 2008, new figures show. Total net sales for 2016 were £13bn, according to the Investment Association, down from £22.4bn in 2015. Retail investors proved the most pessimistic, with sales totalling £4.7bn, down [...]