The Bakerloo line extension to Old Kent Road, New Cross Gate and Lewisham just came a step closer December 17, 2015 The Tube's about to go (further) south of the river, after Transport for London (TfL) came a step closer to getting the go-ahead for an extension of the Bakerloo line, which will extend to Old Kent Road and Lewisham. In a statement today, TfL said it will begin "detailed technical work" next year, to "build a case" for the [...]
Think it’s balmy now? 2016 will be among the warmest years on record, the Met Office suggests December 17, 2015 If you think December's balmy temperatures are unusual, get ready for more of the same – because next year will be the among warmest on record, the Met Office has predicted. And that's on top of 2015, which is already on track to be unusually toasty, said Professor Chris Folland, a research fellow at the Met [...]
Feeling forgettable? MIT researchers have created a tool to tell you how memorable your face is December 17, 2015 We've all had that moment: you're at a party, you go to greet someone you've met before – and they introduce themselves. Awkward… It could just be your face, though. Researchers at Massachusetts Institute of Technology (MIT) have created a tool which can tell you how memorable your face is – or whether you're just another forgettable part [...]
FTSE 100 bounces on Fed rate rise – as Asian shares close higher December 17, 2015 The FTSE 100 opened 1.33 per cent higher this morning, at 6,142.9 points, after the US Federal Reserve announced an interest rate hike for the first time since 2006 The UK's bluechip index followed Asian shares, which closed higher after the announcement, with the Nikkei rising 1.6 per cent and the Hang Seng ending 0.8 per [...]
All I want for Christmas is Great Portland Estates and Aldermore shares: These FTSE 250 chief executives have delivered the best returns for their investors December 16, 2015 It's the time of year when Santa makes his list and checks it twice – and it looks like the likes of Great Portland Estates boss Toby Courtauld and Aldermore's Philip Monks will be near the top of the "nice section", after new research suggested they're among the most successful chief executives on the FTSE 250. [...]
UK labour market: The UK is working more hours than ever before, as wage growth slides December 16, 2015 UK workers toiled for more than a billion hours per week between August and October, figures published today showed – which means the UK is working more hours than ever before. Labour market statistics from the Office for National Statistics (ONS) showed the employment rate hit 73.9 per cent during the period, the highest since records began [...]
From a stuffed eagle to that Aquascutum suit: How Margaret Thatcher’s final asset selloff made £3.3m December 16, 2015 Whatever your views on Margaret Thatcher, it's hard to deny that, given her penchant for privatisations, she'd be proud of this one. An auction of her personal effects – from her blue velvet wedding dress to that handbag – has raised £3.3m. Read more: Thatcher is the most influential woman of the past 200 years Auction [...]
Estate agent Foxtons tries to spread Christmas cheer with share buy back – as its share price edges higher December 16, 2015 Struggling estate agent Foxtons has announced a buyback of shares, in an attempt to spread a bit of Christmas cheer to shareholders, who have watched its shares fall more than 37 per cent from their peak this year. The company said the share buy back, which will start today, is "in line with [its] policy of [...]
Ho, ho, ho: From Ed Miliband to Wikileaks, here are 10 lol-tastic City-related Christmas cracker jokes December 15, 2015 Let's face it, the anticipation of opening a Christmas cracker is always better than the rather disappointing result: inevitably, a limp hat, a toy that breaks within minutes and a joke that makes everyone groan. But groan no more: UKTV comedy channel Gold has come up with the UK's best Christmas cracker jokes. They're topical, [...]
