Activist Apple investor Carl Icahn to endorse Donald Trump September 28, 2015 Carl Icahn may have called it when it came to Apple stock, but can he do the same when it comes to the Republican Presidential nomination? In a video due to be published tomorrow, the activist investor is expected to come out in favour of controversial candidate Donald Trump. To be fair, this won't be [...]
Speedy Hire share price plummets again as it issues profit warning September 28, 2015 More bad news for tool hire specialist Speedy Hire, which today issued its second profit warning in three months. Shares in the company dropped almost 14 per cent to 31.89p in early trading, after it warned that after a "disappointing start to the current financial year", its profits are expected to be "materially below current [...]
It’s official: The Hobnob is Parliament’s favourite biscuit September 10, 2015 From expenses to their voting records, MPs are used to having every aspect of their lives heavily scrutinised – but it's only now that research has shed light on one of the most crucial areas of life in Westminster: biscuit choice. The research, by researcher Nicole Otero, found MPs' biscuit of choice was surprisingly humble: [...]
Local Enterprise Partnerships – and why it’s hardest to be an entrepreneur in the Black Country September 10, 2015 Local Enterprise Partnerships (LEPs) were formed by the government in 2011 to create links between businesses and local authorities, with the aim of driving growth and creating jobs. Four years later, official statistics give an indication of where it's easiest to run a business – by measuring individuals' disposable income in each LEP (although it's [...]
Interest rates: Bank of England’s monetary policy committee urges caution on China as it votes 8-1 to hold interest rates in September September 10, 2015 Economic turbulence in China and developing markets prompted a “wait and see” approach among the UK’s nine-strong committee of rate-setters, according to minutes of their three-day meeting released today. The monetary policy committee (MPC) said it was too early to judge what impact a slowdown in China and emerging markets might have on the [...]
“Why aren’t you at your desk?”: The vending machine which speaks in your boss’ voice – to foster “better communication” September 10, 2015 Are internal comms in your company lacking a certain je ne sais quoi? One manufacturer has a solution: the corporate vending machine, which speaks in the boss' voice. Yep, Japanese (naturally) company Dydo Drinco has rolled out machines that speak in the boss' voice at a "number of businesses", according to The Japan Times. The [...]
Halifax: Reluctant sellers push UK house price growth up again September 10, 2015 Another day, another confirmation that UK house prices are rocketing, after new figures showed prices were nine per cent higher in the three months to August than they were during the same period last year. To be fair, that was still lower than the impressive 9.6 per cent rise in June – but higher than [...]
Morrisons share price jumps as it agrees to sell 140 M Local convenience stores for £30m loss September 9, 2015 Morrisons has reached a deal to sell 140 of its "M Local" convenience stores, to a team led by retail entrepreneur Mike Greene. In a statement today, Morrisons said it will retain five of the strores, which are either on forecourts or will be converted to miniature versions of Morrisons' own stores. Read more: Morrisons' ill-fated [...]
Building bonanza at Barratt as profits jump 45 per cent September 9, 2015 Success in the housebuilding market continues apace, after Barratt reported another jump in profits. The figures This kind of fare has become standard among housebuilders in recent years: profit before tax jumped 44.8 per cent to £565.5m in the year to the end of June, while revenues rose 19.1 per cent to £3.76bn and basic earnings per share jumped 45.8 per [...]
The cost of luxury homes in Nine Elms are being slashed to bargain prices September 9, 2015 Nine Elms may be one of London's most ambitious residential development projects in decades – but it seems the luxury homes being built in the area aren't as popular as anticipated, after figures showed half of the homes under construction or just completed the area were reduced in price before they were sold The research, [...]
