This visualisation shows you where London’s busiest spots will be during New Year’s Eve – and where to avoid December 30, 2015 New Year's Eve is all well and good – but as people turn up to celebrate, parts of central London become claustrophobically crowded, while others empty out altogether. If you're looking for the best place to go, data might provide the answer. Big data company Inrix has created this visualisation of the busiest parts of London during [...]
Seven ways to be a great leader in 2016 December 30, 2015 Next year is full of fantastic opportunities; and leadership is the vital component to help you make the most of them. Want to be a better leader? Whether you are a business owner, leader in the corporate world, community leader or family leader, these tips apply to you. Here are my seven leadership truths. 1. [...]
Economic impact of Storms Eva, Desmond and Frank could hit £3bn December 30, 2015 The UK economy could be dented by as much as £3bn by damage from Storms Eva, Desmond and Frank. PwC said economic losses from the storms Desmond and Eva will be between £1.6bn and £2.3bn, while insured losses will hit £900m-£1.2bn. "Based on the currently available information, our understanding is that Desmond and Eva combined had at least 11,500 [...]
Pharmaceuticals giant KalosBios files for bankruptcy after firing “pharma bro” Martin Shkreli as chief executive December 30, 2015 KalosBios, the company which ousted self-styled "pharma bro" Martin Shkreli as its chief executive earlier this month after he was arrested on charges of securities fraud, has filed for Chapter 11 bankruptcy. Reuters reported that the US pharma giant had listed assets and liabilities of between $1m and $10m in its filing with a court [...]
From stamp duty to capital gains: The buy-to-let market has been hit by 14 tax changes in four years December 30, 2015 Thought buying a home was complicated? Spare a thought for landlords, who, it turns out, have been hit by 14 changes to the way they're taxed in the past four years, according to KPMG. Yep: from that 15 per cent hike to stamp duty for properties held within a corporate envelope, way back in the mists [...]
CIPD: The Bank of England and the Office for Budget Responsibility are wrong about wage growth in 2016 December 30, 2015 Wage growth next year won't be as optimistic as the Bank of England and Office for Budget Responsibility (OBR) anticipate, the Chartered Institute for Personnel and Development (CIPD) has warned. Despite the introduction of the National Living Wage, wage growth will remain at two per cent in 2016, the organisation said – much lower than [...]
House prices: The UK’s homes rose in value by £1.4bn a day in 2015 December 30, 2015 Like big numbers? Read on… The UK's homes rose in value by £1.4bn a day in 2015, giving our collective bricks and mortar a total value of £7.76 trillion by the end of the year, according to figures by online property portal Zoopla. That figure is £519bn – or 7.2 per cent – higher than last [...]
Oil prices crawl back up as the US braces for colder weather December 29, 2015 Oil prices regained some of their losses as the US braced itself for a bout of cold weather, and following a session of stronger. Global benchmark Brent crude rose 2.6 per cent to $37.58, while the US equivalent, WTI crude rose 2.31 per cent to $37.64. States in the Midwest of the US have issued severe [...]
When and where to apply for a new job in the finance sector in 2016 – as well as which employers to target December 29, 2015 If you're one of the 7m-odd workers planning to look for a new job next year, now's the time to start polishing that CV. But when and where should you apply for a new job – and were should you aim to work? Here's everything you need to know before you embark on the big [...]
Poor little rich boys: The wealth of the world’s billionaires, including Warren Buffett, Bill Gates and Carlos Slim, shrank by $19bn in 2015 December 29, 2015 The wealth of the world's 400 richest people shrank by $19bn (£12.7bn) in 2015, with three of the five richest people losing $34bn between them. That's according to the Bloomberg Billionaires Index, falling commodities and slow growth in China caused the world's richest to lose out. The heart bleeds… Mexican telecoms billionaire Carlos Slim, once the [...]
