Senior managers live longer than “routine” workers: How the career you choose will dictate your life expectancy October 22, 2015 They say money can't buy happiness – but it turns out it can buy health, after new research came out showing that the more "successful" your career is considered to be, the longer your life expectancy is. Figures from the Office for National Statistics (ONS) found those whose job titles were defined as "higher managerial and [...]
SSI, Caparo and Tata Steel closures: This chart shows the decline of the UK’s steel industry October 22, 2015 NULL
UK Oil and Gas share price dips, despite report backing up Weald Basin oil find claims October 21, 2015 A US-based oil specialist today released another report adding weight to claims by British explorer UK Oil and Gas (Ukog) that there are billions of barrels of oil beneath the ground in the Southeast of England. Nutech said there could be as many as 15.7bn barrels across Ukog's eight licences in the Weald Basin. Of this, 3.9bn barrels are attributable [...]
Boeing share price rises as it posts 25 per cent profit rise as record commercial plane deliveries push up revenue guidance October 21, 2015 Shares in aerospace giant Boeing took flight today, after it posted a 25 per cent rise in profits during its third quarter, raising its full-year revenue guidance The world’s largest passenger jet manufacturer said record commercial deliveries during the quarter had pushed revenues up nine per cent, to $25.8bn (£16.7bn), with 199 planes delivered during the [...]
Construction on EDF’s Hinkley Point nuclear plant to begin “within weeks” after China deal is announced October 21, 2015 Construction on the UK's first nuclear power plant in a generation could begin "within weeks" after a multi-billion pound deal between France's EDF and China General Nuclear Power Corporation. EDF will take a 66.5 per cent stake in Hinkley Point C in Somerset, while China General Nuclear Corporation will take 33.5 per cent. EDF intends [...]
Bank of England’s new stress test: Barclays, HSBC, Lloyds, Nationwide, RBS, Santander UK and Standard Chartered to face risk tests twice a year October 21, 2015 The Bank of England has today announced that it will apply new stress tests to Britain's biggest banks and building societies over the next three years, taking into account both domestic and global risks. Barclays, HSBC, Lloyds, Nationwide, RBS, Santander UK and Standard Chartered will face at least two stress tests per year under the [...]
Arm Holdings share price jumps as revenues rise 24 per cent October 21, 2015 Arm Holdings, the UK chip designer – and one of the darlings of Cambridge's burgeoning tech scene – said pre-tax profits jumped almost a third in the three months to the end of September. The figures The company said revenues had risen 24 per cent to £243.1m in its third quarter, pushing profits before tax up 27 per cent to £128.4m. The [...]
Developer Irvine Sellar unveils £1bn “Shard of west London” to rejuvenate Paddington October 20, 2015 Irvine Sellar, the man behind The Shard, has unveiled his latest proposals for a larger-than-life tower – and they don't disappoint. The developer has used Shard architect Renzo Piano to design a 65-storey building for a site next to St Mary's Hospital in Paddington. The new building will be 65 storeys high (rather than its [...]
Feeling artsy? Battersea Power Station signs hotel deal with art’otel October 20, 2015 Is this a sign the £8bn Battersea Power Station development is coming over a bit hipster? The development company behind the massive new scheme has signed a deal with super-hip hotel chain art'otel to manage the 160-room hotel due to open in 2019. The garden of teh new hotel has been designed by the team behind New [...]
Forget Joaquin: The next storms to wreak havoc over the UK will be called Nigel and Steve, says the Met Office October 20, 2015 While recent hurricanes raging over the Pacific have had rather an exotic sense about them – Joaquin, Ida and Claudette – the next storms to hit the UK are likely to sound rather more, er, domestic, after the Met Office unveiled its new list of names. Yep, sometime in the next 12 months, expect Steve, Nigel [...]
