EU referendum: Filmmaker Martin Durkin says “Brexit: The Movie” crowdfunding campaign has hit its £100,000 target February 26, 2016 It may not actually have happened yet – but some people really want the story of Britain's EU referendum to be told. A crowdfunding campaign to raise money for "Brexit: The Movie" has hit its £100,000 funding target, the production company behind it said today. Wag TV said it had raised the money from 1,500 members of [...]
RBS share price plummets as litigation costs mount for RBS – but losses narrow February 26, 2016 Royal Bank of Scotland Group (RBS) shares plummeted 10.5 per cent to 218.3p as markets opened, despite losses narrowing to just under £2bn last year. Still, it's its eighth straight year of losses. The figures RBS said its loss attributable to ordinary shareholders hit £1.98bn last year, down from £3.47bn in 2014. Total income fell to £12.92bn, from £15.15bn last year, while pre-tax profits [...]
London Business School produces the most business leaders and chief executives, while Oxford University has the most graduates on £500,000 plus February 26, 2016 It's that time of year – when the thoughts of the nation's 17-year olds turn to which university they want to go to. If you have leadership ambitions, you could do worse than pay attention to new research from salary benchmarking site Emolument, which has found London Business School has produced the most leaders, with five [...]
London workers did nearly £9,000 of unpaid overtime last year – as the UK racks up £31.5bn of unpaid work February 26, 2016 We're all used to putting in those extra few hours a week – but how much would you make if you were actually paid for it? New research has calculated that the average London worker could have made an extra £8,669 last year… The research by the Trades Union Congress, found 5.1m UK workers collectively [...]
Sports Direct ditches controversial Mike Ashley loan facility over “unjustified criticism” February 26, 2016 It seems Mike Ashley's feelings have been hurt. Sports Direct has said it will no longer draw on a loan facility provided to it by Ashley, its founder. In an unusual statement this morning, the company said although it expects its borrowing requirements to be "consistently in excess" of the £263m it has drawn on [...]
Asian markets recover on G20 hopes – but Sharp shares fall after Foxconn delay February 26, 2016 After sharp falls yesterday, shares in China recovered overnight, after the country's central banker showed told a G20 meeting the country still had "multiple policy instruments" to support stumbles in growth. The Shanghai Composite was up 1.4 per cent in mid-afternoon trading, while the Shenzhen Composite was up 0.6 per cent. Meanwhile, Hong Kong's Hang [...]
Do you use the UK’s worst bank? Barclays voted the most disappointing bank – while First Direct is named top lender February 25, 2016 It's been a tough few months for the UK's lenders. And not one to miss a chance to kick a bank when it's down, Moneysavingexpert has unveiled its ranking of the UK's best and worst lenders – and it's not looking good for Barclays. The ranking put First Direct at the top, with 91 per cent of current account customers [...]
Brit Awards 2016: Viagogo reports jump in demand for Adele and Rihanna tickets after Brits appearances February 25, 2016 Hello. Rumour Has It Rihanna and Adele Run This Town, after ticket website Viagogo reported surges in demand for tickets to their shows following their appearances at last night's Brit Awards. The company said it had experienced a 147 per cent spike in searches for tickets to Richanna's "Anti" tour overnight, while frenzied Adele fans created [...]
Meh: UK GDP growth unchanged for the fourth quarter of 2015 February 25, 2016 UK GDP growth was 0.5 per cent in the fourth quarter of last year compared with the same period in 2014, according to a second estimate by the Office for National Statistics (ONS) – bang on expectations, and the same as previous estimates. The ONS said that while there had been speculation the figure could [...]
