It’s official: Cat videos are good for your health June 18, 2015 Most of us are guilty of whiling away the odd five minutes with, for instance, a video of a cat contemptuously batting a candle off a table. But a new study suggests those minutes aren't wasted – because watching cat videos is actually good for you. According to Jessica Gall Myrick, a researcher at Indiana University [...]
German Chancellor Angela Merkel: Greek deal still possible – and EU must engage seriously with UK on Brexit June 18, 2015 German Chancellor Angela Merkel struck a conciliatory tone on the UK's plans to renegotiate its relationship with the EU, saying the bloc must "engage seriously" with the UK's demands. During a speech to the German parliament today, Merkel said she wanted the UK to remain a "strong, active" partner with the European Union. "It's about [...]
UK Oil & Gas share price jumps as new report shows “significant” oil volumes in Horse Hill June 18, 2015 Horse Hill – the so-called "Gatwick Gusher" – could have as many as 9.25bn barrels of oil sitting underneath it, a report has suggested. Shares in UK Oil & Gas (UKOG), the oil explorer whose share price has yoyoed in response to speculation over the site, near Gatwick, opened 14 per cent higher today, after [...]
Hornby raises £15m through Aim placing June 18, 2015 Troubled model maker Hornby has raised £15m, delisting and placing 16m shares on Aim, it said this morning. The company said it had placed new ordinary shares at 95p per share, and will use the cash it raised to pay off £8m of bank debt. The news came as the company announced it had steamed [...]
Former City of London planning officer Peter Rees on the launch of The Council on Tall Buildings and Urban Environment in London: “We can’t have more piles of safe deposit boxes” June 18, 2015 The number of skyscrapers in London has increased noticeably over recent years – and it turns out that hasn’t gone unobserved by the international community of tall building enthusiasts. Last night, the Chicago-based Council for Tall Buildings and the Urban Habitat (CTBUH) – whose chief claim to fame is as the official arbiter of [...]
Aga Rangemaster share price shoots up as it confirms takeover talks with Middleby Corporation June 17, 2015 Shares in Aga Rangemaster shot up 25 per cent as it confirmed this afternoon that it is in talks with the Middleby Corporation over a possible cash offer. In a statement to the stock exchange this afternoon, the company, which makes high-end ranges beginning at about £2,000, said that while there was "no certainty that [...]
Rouble dips as EU leaders agree to extend sanctions on Russia June 17, 2015 The rouble fell 0.4 per cent against the dollar to $0.01848 in the early afternoon after reports suggested ambassadors from all 28 EU member states had agreed to extend sanctions against Russia by six months. Reuters reported sources saying the sanctions, which were due to expire in July, will run until January next year. Imposed [...]
Sainsbury’s and Tesco ditch Transport for London’s Tube station Click & Collect scheme June 17, 2015 It seems the retail revolution is still a little way off, after supermarket giants Sainsbury's and Tesco ditched a scheme introduced by Transport for London (TfL) to let shoppers collect their groceries at Tube stations. Read more: TfL given the green light to turn its HQ into flats The scheme, introduced amid much pomp and [...]
A third of pensions don’t qualify for George Osborne’s “pensions revolution” June 17, 2015 A third of pensions don't qualify for new rules which allow savers to withdraw their entire pension pots, it's been reported. The investigation by the Daily Mail found as many as six million policies could be "hard to cash in", including 2.29m final salary pensions. More than half that figure is public sector pensions, while insurance [...]
Transport for London given the green light to turn its art deco headquarters into flats June 17, 2015 Transport for London (TfL) has been given the green light by planning officers to turn its Grade I-listed headquarters into flats. Under the new plans, 55 Broadway – once London's tallest office block – will be converted into 89 flats, just under a quarter of which will be classed as affordable housing, plus 1,300 sq [...]
