As Zac Goldsmith is chosen as the Tories’ mayoral candidate, bookies put Labour’s Sadiq Khan ahead October 2, 2015 Zac Goldsmith may have crossed one hurdle when he was selected as the Tories' candidate for next year's mayoral election – but he still has some way to go if he wants to win, if bookies are anything to go by. Ladbrokes has put Goldsmith's odds of winning in next May's vote at 11/10, just [...]
London house prices: The capital’s most exclusive homes are going for bargain prices October 2, 2015 Another day, another sign the top end of London's property market is in the doldrums, after figures by Knight Frank showed house prices in the capital's most exclusive areas grew just 1.3 per cent in September on the same month last year. That's the lowest rate of growth since October 2009 – and in some [...]
Government: SSI owners wanted taxpayer help for mothballed Redcar plant October 2, 2015 The government has admitted that the operators of a mothballed steel plant in Redcar requested an "open-ended funding commitment" from the taxpayer before it made the decision to shut down the plant last month, resulting in 1,700 job losses. In a statement today, the government said the Thai Steel Company, which owned the plant, made [...]
Shawbrook bank poaches Santander UK boss Steve Pateman October 2, 2015 Another sign of the challenger banks are taking over? Shawbrook, the challenger which floated on the London Stock Exchange in April, said today it had poached the head of UK banking at Santander to become its new chief executive. The bank said this morning that Steve Pateman's appointment, which will begin in January, had come [...]
Conservatives name Zac Goldsmith as candidate for London Mayoral Election 2016 October 2, 2015 The Conservatives have chosen their man for next year's London mayoral race: Zac Goldsmith, who was widely expected to win the online primary. In a statement this morning, the Conservative party said Goldsmith received 70 per cent of the online vote – way above runner-up Syed Kamall, who clinched 16 per cent. The decision will [...]
TV wars: Amazon banishes Google Chromecast and Apple TV to “avoid confusion” as it focuses on Prime October 1, 2015 Is this the new war of the smartphones? Amazon, which has increasingly placed a focus on its Prime Instant Video TV offering, has banished Apple and Google's TV streaming offerings from its shelves. Businessweek reported today that the company has decided to stop stocking both the Apple TV (a new version of which is due [...]
Twitter share price dives on Jack Dorsey rumours October 1, 2015 Twitter shares closed 8.4 per cent lower, at $24.67 in late morning trading, after rumours circulated that interim chief executive and founder Jack Dorsey will be appointed to the role permanently. Yesterday technology news site Re/code reported that Dorsey would be named as the company's full-time chief exec as soon as today. Dorsey led the [...]
This MBA student bought Google’s domain name for $12 October 1, 2015 We knew Google was rebranding as Alphabet – but this is ridiculous. An MBA student from Boston has told the curious tale of how he ended up as the proud owner of the Google.com domain name – for several minutes, anyway. Sanmay Ved was experimenting with Google's new Domains site, which allows users to register [...]
Why middle age is the unhappiest time of your life (but things get better after 65) October 1, 2015 They say school years are the best of a person's life – but what about the worst? A researcher has suggested people are at their lowest ebb during middle age – although there is a light at the end of the tunnel. Dr Ioana Ramia, a researcher at the University of New South Wales, said [...]
The cheek of it: Liberal Democrat blogger Stephen Tall makes good on naked Whitehall fun run promise October 1, 2015 Let's face it, the Liberal Democrats aren’t exactly famous for keeping their word. The party lost favour with voters shortly after the 2010 election when Nick Clegg failed to use his coalition powers to stop the Conservatives lifting the cap on tuition fees to £9,000 per year. But things may be looking up for [...]