Not all banks on board with pay equality scheme ahead of Tuesday announcement at the Bank of England March 20, 2016 The Treasury is scrambling to sign up remaining banks ahead of radical proposals on gender balance set to be unveiled by the chief executive of Virgin Money Jayne-Anne Gadhia at the Bank of England on Tuesday. The challenger bank boss has been carrying out a nine month investigation into gender equality in the banking industry and [...]
BT plays catch up to Sky over on-demand TV March 20, 2016 Telecoms giant BT is looking into gaining further control over on-demand TV service YouView from TalkTalk in an attempt to build up its market share of the premium TV industry and catch leader Sky. BT has held informal talks with TalkTalk over the future of the joint business venture, which would allow BT to pour [...]
Tenants are set to feel the heat as rents go up for the first time in 2016 March 18, 2016 Tenants are about to be hit by the first rise in rents since the autumn as new tax policies take their toll on landlords. Average rents rose by 0.1 per cent between January and February this year according to the latest buy to let index from Your Move and Reeds Rains. It’s the first increase [...]
TalkTalk customers can now talk their way into their accounts using voice biometrics March 17, 2016 TalkTalk customers can now access their accounts through voice recognition, just months after the telecoms company lost hundreds of thousands of customer's personal details in a massive hack. Customers calling the company will be asked to speak a phrase instead of entering a password or PIN. The first time a customer calls TalkTalk they will be [...]
Dow Jones turns positive for the year as economists warn the global economic outlook has worsened March 17, 2016 The US Dow Jones industrial average index has entered positive territory for 2016, erasing loses racked up earlier in the year. The index is up around 0.1 per cent for 2016, after climbing almost one per cent today. The Dow's recovery has been echoed in other US and European markets, though is in contrast to [...]
Rio Ferdinand scores points for affordable housing with launch of new charity Legacy March 17, 2016 NULL
Trading transparency regulation Mifid ii facing further setbacks after EU Commission calls for revisions March 17, 2016 There’s been another setback for the controversial securities market reform regulation known as Mifid ii. Following a year long delay announced in February, the European Commission has now asked the EU's European Securities and Markets Authority (ESMA) to take another look at rules intended to flesh out reforms. Banks and asset managers have called for [...]
Kier keen for Crossrail 2 after delivering a 30 per cent rise in revenue for the last six months, the share price reaction is muted however March 17, 2016 Construction group Kier is set to win big from government infrastructure spending over coming years, following the chancellor George Osborne announcing fresh funding for projects in the Budget yesterday. Kier is expecting to win work on the Crossrail 2 London rail development after taking the lion's share of contracts on the first Crossrail, now named [...]
Scheme is full steam ahead: Battersea boss hits back at fears that investors are fleeing March 16, 2016 The developer behind the £8bn regeneration of Battersea Power Station has sought to quash fears of investors fleeing the site after warning signs that a glut in new build homes, tougher tax rules, and currency turmoil in foreign markets is weighing on London's prime property market. Speaking to City A.M. in Cannes, Rob Tincknell, chief executive [...]
London remains top investment location for Middle East despite Brexit fears March 16, 2016 Wealthy Middle Eastern investors still rank London as their top city of choice for real estate investment, despite increased uncertainty in the market ahead of the EU referendum, new research shows. A joint survey conducted by estate agency Cluttons and YouGov of 127 high net worth investors from Saudi Arabia, UAE, Qatar, Bahrain, Oman and [...]
