Delaying the Night Tube will be another nail in the coffin for London’s night time economy August 13, 2015 A few weeks ago we launched Feast, a late night food delivery service for London, which operates between 11pm and 5am. We knew launching in the summer would be hard given the number of people away on holiday, and the fact the city tends to slow down as a result. But that would all [...]
EU referendum: Almost half of Britons think EU integration has “gone too far” August 13, 2015 Almost half (well, 47 per cent) of Britons think integration between EU countries has "gone too far" and that powers of individual EU countries must be repatriated, a poll has suggested. The survey, by pollster Opinium, found 42 per cent of Dutch adults also thought powers should be returned to individual countries. Meanwhile, 24 per [...]
Twitter drops 140 character limit on direct messages August 13, 2015 Behold, social media fans: a revolution has taken place, after Twitter announced plans to scrap its 140-character limit. Well, on direct messages, anyway… Read more: Jack Dorsey just bought $875,000 of Twitter shares Yep: in a blog post last night, Sachin Agarwal, a product manager at the company, confirmed Twitterers can now "chat on (and on)" [...]
Zut alors: Britons are the second-worst tippers (but we’re still better than the French) August 12, 2015 Britons have woken up to an uncomfortable truth this morning: we're the second-stingiest tippers in the world, it turns out. Or that's according to findings by Direct Line, whose tipping index showed (unsurprisingly) thank Yanks are the best, with 27 per cent of establishments suggesting they're the most generous, while Germans came second, with 21 [...]
Zoopla share price jumps as it fights off competition from OntheMarket August 12, 2015 OntheMarket? What OntheMarket? Shares in online property portal Zoopla jumped 4.6 per cent to 265.9p in mid-morning trade, after it announced it was back to growth in the second half, with membership bouncing back following what looks increasingly like a blip. The figures Zoopla may have been hit by competition in its last results, but [...]
In a jiffy and like a bat out of hell: How fast are fast cliches? August 12, 2015 We've all tried to impress employers with our enthusiasm by telling them we'll finish tasks in a jiffy – and while we're at it, they've told most of us to make it snappy, too. But how fast is the blink of an eye or the drop of a hat? And how speedy, exactly, is a [...]
Why everyone should stop panicking about Berkeley Group boss Tony Pidgley’s £23m bonus August 11, 2015 Yesterday’s revelation that Tony Pidgley – founder, chairman and general grandfather figure at housebuilding giant Berkeley Group – is about to net himself £23m-odd in bonus payouts has created something of a storm. There’s no denying it’s a vast sum: it puts Pidgley above Wayne Rooney in the pay scale, making him the second [...]
Neil Woodford’s Patient Capital Trust pays off as it invests three-quarters of IPO funds August 11, 2015 Given his success at Invesco, the decision by star fund manager Neil Woodford launch a solo venture was always going to have a risk attached – but it looks like it paid off, after his new fund, Woodford Patient Capital Trust, posted results showing it had already invested more than three quarters of the £800m [...]
House prices poised to jump again? New property listings plummet in July August 11, 2015 It's hardly been a buyer's market for several years now – but it looks like things are about to get worse for those in the market for a new home, after the number of properties being put up for sale fell 13 per cent between June and July, according to new figures. The study, by [...]
Serco share price jumps as losses beat expectations August 11, 2015 Shares in troubled outsourcer jumped nearly three per cent to 129.2p in early trading after it displayed Churchillian levels of stoicism… The figures In a statement this morning, Serco said revenues in the six months to the end of June fell to £1.8bn, from £2bn this time last year, while its operating profit fell to a £24.8m loss [...]
