French interior minister names possible suspect as man is decapitated in suspected Islamist terror attack on St-Quentin-Fallavier factory outside Grenoble June 26, 2015 The French interior minister has named the possible suspect behind an terror attack on a factory in L'Isle-d'Abeau, on the outskirts of St-Quentin-Fallavier, near Grenoble in south east France, as reports emerged that a second person had been arrested over the attack. Bernard Cazeneuve said that while his identity had not yet been confirmed, it was [...]
Happiest countries in the world? Panama wins – while the UK comes a mere 44th June 26, 2015 When it comes to having that inner glow, it turns out Panamanians are way ahead of us in the UK. That's according to a newly-published analysis of global wellbeing, anyway, which ranked Panama as the happiest country in the world – while the UK comes a mere 44th. Gallup's 2014 Country Global Wellbeing Rankings measure [...]
London house prices: Demand plummets for the capital’s luxury apartments June 26, 2015 Could the bottom be about to fall out of London's luxury property market? New research has suggested demand in the capital's most exclusive areas is falling: in fact, over the past month, it's fallen by three per cent. The findings, by online estate agent Emoov, suggest that despite the Mansion Tax no longer being a [...]
The UK’s latest unicorn: Sophos prices its $1bn IPO June 26, 2015 Shares in Sophos, one of the UK's few tech "unicorns", launched its IPO today, valuing it at £1.01bn. Read more: The hunt for London's unicorn tech startups Shares in the cyber security giant began conditional trading at 225p each this morning, raising $125m (£79.3m), with an over-allotment option that could net it another £52.8m. The [...]
IMF will “not extend Greece repayment deadline” if it fails to pay on 30 June June 25, 2015 The International Monetary Fund (IMF) will not extend a repayment deadline for Greece if it fails to pay up on 30 June, the organisation's spokesman said today. Read more: Eurogroup negotiations break up "indefinitely" During a bi-weekly press conference, Gerry Rice said the fund would not extend the repayment deadline, even if a deal was [...]
Greek crisis: Euro dips as deadline looms on Greece negotiations June 25, 2015 Eurozone ministers have told Greek leaders to draw up improved economic reform proposals, after a Eurogroup meeting was "indefinitely suspended" this afternoon. The news came after Greece's creditors sent a new proposal to the Eurogroup which, it was hoped, could form the basis of an agreement between Greece and its lenders. Reports suggested the new [...]
Demand for UK homes rises nine per cent: London’s commuter belt dominates, while Nine Elms, County Durham and Westminster lead the “cold spots” June 25, 2015 London may be in the throes of a housing crisis, but it seems its inhabitants have spurned the 3,500-odd apartments on offer in Nine Elms, after new figures showed the area – currently undergoing a massive redevelopment – had the lowest demand for new homes in the UK over the past three months. Among other [...]
One in 10 parents think their children are “too clever” for apprenticeships June 25, 2015 One in 10 parents consider their children to be "too clever" for apprenticeships, new research shows – suggesting teenagers are still feeling the pressure to go to university, rather than consider alternative options. The study, by AllAboutSchoolLeavers.co.uk, found just over 80 per cent of teachers felt they didn't know enough about non-university options for school [...]
London Stock Exchange Group buoyed by rise in volumes – but Aim still suffering June 25, 2015 Things were looking up for London Stock Exchange Group (LSEG) in the five months to the end of May – although volumes were less encouraging on its junior market. The figures New issues on LSEG's main markets were up 29 per cent in the period, while average daily UK equity value traded was up eight per [...]
Get to the chopper: The number of helicopter journeys around London has fallen (although it peaks at Glastonbury time) June 24, 2015 The UK's economic recovery may be about to enter its final stages – but are the super-rich still feeling the strain? Figures show the number of helicopter flights around London still hasn't recovered to 2008 levels – and it's still falling. Figures produced for City A.M. by the Civil Aviation Authority (CAA) show the number [...]
