Cineworld climbs after new shares issued as part of Regal deal Cineworld shares are up this morning after the company issued over 1bn new shares to the market. The issue comes after the group's shareholders backed its bid to buy Regal Entertainment Group, which will create the world's second biggest cinema group. The share price was adjusted from 518.5p on Friday's close to an opening price [...]
These are the best-paying industries for freelancers to work in The best paying contracting jobs are mostly in the finance, change and IT sectors, according to new research from Emolument.com. The best-paid role for a contractor is in the finance sector, with risk modelling/quant jobs coming with an average daily rate of £760. And despite the headlines about technology 'wonderkids' being offered eye-watering pay packages, [...]
Higher oil prices push Shell earnings up 184 per cent Royal Dutch Shell has reported a 184 per cent increase in income for 2017, thanks in part to higher oil and gas prices. The figures Income rose to $12.98bn (£9.11bn) last year, compared with $4.58bn in 2016. Basic earnings per share rose 172 per cent, from $0.58 to $1.58, and the dividend was maintained at [...]
Revealed: Royal Mail special stamps to be released in 2018 December 27, 2017 If you're thinking of jazzing up your stamp collection in the new year, good news: Royal Mail has unveiled the calendar for its 2018 Special Stamp programme, which will include tributes to a beloved comedy series, one of the UK's most iconic palaces, and the military. The RAF Centenary, which celebrates the oldest independent air [...]
UK real wages to drop in 2018 due to Brexit and inflation, report says December 12, 2017 A combination of the effects of Brexit and rising inflation will push UK wages down next year, according to new research from US firm Korn Ferry. A report from the group reveals that, adjusted for inflation, employees in the UK are expected to see a real wage decrease of 0.5 per cent in 2018, compared [...]
Autumn Budget 2017: Hammond changes corporate capital gains tax rules November 22, 2017 Corporation tax was maintained at 19 per cent in today's budget, however, the chancellor announced chances to the way companies' chargeable gains are calculated. The corporate indexation allowance allows for the effects of inflation when calculating the chargeable gains of companies or organisations. Philip Hammond announced today that the indexation allowance will be frozen from [...]
Autumn Budget 2017: Chancellor Philip Hammond’s speech in full November 22, 2017 You can read the chancellor's Budget speech in full here: Mr Deputy Speaker I report today on an economy that continues to grow, continues to create more jobs than ever before and continues to confound those who seek to talk it down. An economy set on a path to a new relationship with our European [...]
Uber hack: Should you delete the ride-hailing app? This is what the experts advise November 22, 2017 Uber has been rocked by a wave of bad news over the past few months, including the departure of its co-founder and chief executive Travis Kalanick and the loss of its operating licence in London. And there was more bad news for Uber last night as it emerged that the ride-hailing app had been hacked [...]
SSE confirms agreement of merger with Npower as it reveals drop in profits November 8, 2017 Energy firm SSE today confirmed it has agreed the first steps of a proposed merger with German-owned Npower to form a new UK gas and electricity business. The FTSE 100-listed firm said yesterday that it was in talks with its rival, owned by Germany's Innogy. In a statement to the London Stock Exchange this morning, [...]
The kids are alright: The UK now has so many young entrepreneurs, they’re getting their own festival November 3, 2017 The youth of today: obsessed with their smartphones, avocado toast and… starting successful businesses, apparently. The UK’s first festival for entrepreneurs under 14 years old will take place next weekend, celebrating some of the nation’s youngest wheelers and dealers. KidZania London, which takes place at Westfield Shepherd’s Bush next Saturday, 11 November, was “designed to [...]
