Britain’s most expensive streets revealed: Zoopla unveils rich list of top 10 priciest neighbourhoods in London September 30, 2016 The UK's top 10 most expensive neighbourhoods are all still in London and they're all still eye-poppingly pricey – but they are getting cheaper. Well, some of them. Top of Zoopla's property rich list is Kensington Palace Gardens, W8, where the average property will set you back £38.3m, followed by The Boltons in SW10, where a [...]
Nationwide house price index: House prices grew 0.3 per cent in September but growth slowed on an annual basis September 30, 2016 House prices increased by 0.3 per cent in September, according to the Nationwide house price index. Data for the month revealed that annual house price growth slowed to 5.3 per cent, down from 5.6 per cent in August. The rate of price growth in London slowed to 7.1 per cent in the three months to [...]
Royal Bank of Scotland reveals plans for new structure to comply with UK ring-fencing requirements September 30, 2016 Royal Bank of Scotland Group (RBS) has set out its plans to restructure in order to comply with UK ring-fencing regulations. Legislation requiring the separation of essential banking services from investment banking services will take effect from 1 January 2019. RBS said today that in order to be compliant with its requirements, "we need to [...]
Genel Energy boss – and former BP chief exec – Tony Hayward to step down next year September 29, 2016 Genel Energy chairman Tony Hayward, who previously led BP, is rumoured to be stepping down next year. According to Reuters, Hayward has said in closed discussions in recent weeks that he plans to quit his post in the second half of next year. However, a spokesman for the company said today: "Genel Energy is committed to having [...]
Imagination Technologies share price dips as it sells Pure radio business for £2.6m September 29, 2016 Imagination Technologies announced today that it has sold its Pure digital radio business. Pure was sold for £2.6m on a cash and debt free basis to Austrian firm AVenture AT GmbH. Imagination Technologies said the buyer has also been granted an option to acquire one of the group's properties in Kings Langley, Hertfordshire for £4.5m. The chip-making [...]
Spotify in advanced talks to buy Soundcloud according to reports September 29, 2016 Music streaming giant Spotify is in advanced talks to buy Soundcloud, according to reports. The Financial Times reported that sources said it was unclear how much Spotify would pay for the Berlin-based streaming company, and warned that the discussions could still collapse. Twitter recently bought a stake in Soundcloud with a $70m (£54m) investment. And in May this [...]
Rush hour travel disrupted by delays on the Central Line September 29, 2016 Commuters are facing delays during rush hour this morning due to delays on the Central Line. Transport for London said there are severe delays between Leytonstone and White City westbound, and minor disruption on the rest of the line. According to TfL, the delays were caused by a signal failure at Stratford. https://twitter.com/centralline/status/781386786853515264 Central Line staff on Twitter advised commuters [...]
Merlin Entertainments reports 1.3 per cent growth in revenue for year to date despite dip in midway attractions September 29, 2016 Merlin Entertainments has reported a 1.3 per cent increase in revenue for the 38 weeks to 17 September, helped by a recovery in trading at Alton Towers. Shares in the company dropped by 5.1 per cent this morning after the company published its latest trading update. Earlier this week the firm was fined £5m over a [...]
NatWest’s online banking system is down September 28, 2016 NatWest's online banking system has gone down, leaving several customers unable to make payments. Users took to Twitter to complain about the lack of service. Anybody else having trouble with #Natwest lack of online banking service? — Jonathan M. Ratcliff (@JRatcliff01) September 28, 2016 https://twitter.com/mouseslatter/status/781126714776846337 Arg @NatWest_Help please sort your online banking issue. — Rebecca Brice [...]
Lufthansa board approves plans to take over Brussels Airlines September 28, 2016 German airline Lufthansa said today that its supervisory board has approved plans to buy the remaining chunk of Brussels Airlines that it didn't already own. The carrier bought 45 per cent of Brussels Airlines owner SN Airholding in 2009 for €65m (£56m), with the option of buying the other 55 per cent from 2011 onwards. Lufthansa [...]
