Airbnb: Most people have given up on their dream house and dream job by the time they’re 20 February 22, 2016 Still hanging on to those dreams of being a princess/astronaut/England midfielder/Spice Girl? That puts you in the minority – after new research suggested most people have given up on their childhood dreams by the age of 20. The research, by Airbnb, showed a mere five per cent of people are doing their dream job, while 57 per [...]
Forget early birds and night owls: Study shows there are four kinds of sleeping pattern February 22, 2016 NULL
EU referendum: The economic costs of a Brexit will outweigh benefits as trading is hit, says Moody’s February 22, 2016 Ratings giant Moody's has warned that a Brexit could automatically lead to the UK's credit rating being put on a negative outlook – because the "costs would outweigh the benefits" of an exit from the EU. "In our view, a decision to leave the EU would be credit negative for the UK economy," said Kathrin Muehlbronner, a [...]
HSBC share price slides as it posts surprise dip in profits February 22, 2016 Admittedly, it hasn't been the easiest year for HSBC – but analysts were nonetheless taken by surprise when it posted a 1.2 per cent decline in net profit for 2015. The figures Net profits fell to $13.52bn (£9.52bn) in the year to the end of December, down 1.2 per cent from $13.69bn last year. Meanwhile, pre-tax profits rose one per cent to $18.9bn, from $18.7bn last year – [...]
Bumper year for Bovis Homes as house price growth boosts profits by 20 per cent February 22, 2016 Housebuilder Bovis Homes said house price growth helped it deliver bumper profits in 2015. The figures Revenues in the year to the end of December rose 17 per cent to £946.5m, from £809.4m last year – while pre-tax profits rose 20 per cent to £160.1m, from £133.5m. It said it had been bossed by a strong increase in average sales price, which grew seven per [...]
International Monetary Fund confirms Christine Lagarde’s second term as its managing director February 19, 2016 Christine Lagarde, the first lady of global economics, has been "elected" for a second term as the managing director of the International Monetary Fund (IMF). Not all that surprising, considering she was the only candidate… In a statement today Lagarde said she was "delighted" to be given the opportunity to lead the IMF for another [...]
After HSBC’s voice recognition, selfies and Tinder could soon replace your banking password February 19, 2016 Banks are often accused of being slow to innovate, opting for tried and tested methods and services over new technologies and solutions. However, when it comes to security, there is a lot that even the most innovative digital enterprises can learn from the world of finance. The media is currently buzzing with news that HSBC [...]
The planning profession needs love too: It is seen as an obstacle to overcome – but it’s a positive guide to development February 19, 2016 Planning underpins our daily lives. From the houses we live in to the offices in which we work, or the streets that we walk down every day. It is the glue that binds together the entire property sector – a tool used by people and politicians alike to shape the built environment, as well as [...]
Three is going to block “excessive and irrelevant” mobile advertising February 19, 2016 Ad-blockers create debate at the best of times (as anyone at City A.M. can tell you…) – but now Three appears to have taken a side, saying it will block "excessive and irrelevant mobile ads" for all its users. The company said it was collaborating with Shine Technologies to "give customers more control, choice and greater [...]
Amazon to create 500 new UK jobs as it opens giant distribution depot in Coalville, Leicestershire – right in the middle of the UK February 19, 2016 When the Forth bridge was closed just before Christmas because of high winds, Scots joked that one of Amazon's UK distributions centre was north of it. But Santa's elves need worry no more, after Amazon announced the impending opening of a giant, 1m sq ft, distribution warehouse in Coalville, Leicestershire, this autumn. Coalville, just FYI, is smack-bang in the centre of [...]
