Indian central bank cuts interest rates for the second time this year March 4, 2015 The central bank in Asia's third largest economy surprised investors last night, by cutting its policy repo rate from 7.75 per cent to 7.5 per cent, the second time it's made such a cut this year. The Reserve Bank of India (RBI) said a weaker economy had pushed it to make the cut outside its [...]
Financial services firm has its offices raided by fraud squad, 13 workers arrested March 3, 2015 A financial services firm based in the Heron Tower had its offices raided by the police’s fraud squad today, resulting in 13 employees being arrested. City of London police confirmed that 13 workers – 10 men and three women – were arrested on suspicion of fraud by false representation, conspiracy to defraud, and money laundering. [...]
New Chelsea FC sponsor CWM FX has offices raided by fraud squad, 15 workers arrested March 3, 2015 Forex trading firm CWM FX had its London offices raided by the police’s fraud squad today, resulting in at least 15 employees being arrested. City of London police confirmed that 15 workers – including at least three women – were arrested on suspicion of fraud by false representation, conspiracy to defraud, and money laundering. [...]
Here are the worst body language mistakes you can make in a job interview, according to employers March 3, 2015 We all know what we say during a job interview is crucial, but how much attention do you pay to what's coming across in your body language? While you're explaining why perfectionism is your biggest weakness, your eyes, hands or even posture could be saying something completely different – particularly if you let a nervous [...]
Challenger bank Aldermore covers books on IPO March 3, 2015 Challenger bank Aldermore has covered the books on its initial public offering, early in the first day of its bookbuild, City A.M. understands. The lender had to postpone its flotation late last year on choppy market conditions, so will be relieved to have had such a warm hearing from investors this time around. [...]
Someone’s launched a dating site with a “supercar theme” March 3, 2015 Like impressing the opposite sex with your massive engine? Then this site's for you. Supercardating.com (or $upercardating.com, as it's also known), is aimed at lonely-hearted pistonheads. The site bills itself as "the world's first millionaire online dating and social networking site with a supercar touch". With an emphasis on "the supercar lifestyle – Michelin dining, [...]
Boris Johnson isn’t going to Cannes property bash Mipim this year March 3, 2015 Boris Johnson won't attend property knees-up Mipim this year, for the first time during his tenure as mayor of London. Boris has traditionally been a vocal proponent of London's many development opportunities at the conference, for which 20,000 developers, investors, agents and civil servants descend on Cannes for a week of deal-making and revelry each [...]
Mobile World Congress: Ikea’s new furniture range can charge your mobile wirelessly March 2, 2015 Ikea has launched a new range of furniture that can charge your phone wirelessly. It unveiled the new "Home Smart" range of coffee tables, bedside tables and lamps at Mobile World Congress in Barcelona today. (Source: Ikea) The system works using a chip inside your phone to charge it. Although there's been debate as to [...]
Generation Rent: This campaign group wants to convert the Houses of Parliament into flats and move MPs to Hull March 2, 2015 MPs like to go on about the wonders of austerity, but do they really mean it? A campaign group has challenged the nation's lawmakers to put their money where their mouths are – by selling up the Houses of Parliament. According to Generation Rent, which campaigns for better rental homes, the taxpayer would save nearly [...]
Queens Park Rangers shareholders write off loans worth £60m as losses narrow March 2, 2015 A short statement by Queens Park Rangers posted today showed things are not going well for the club: having posted a loss of £9.8m in the year ending May 2014, their shareholders were forced to write off £60m of loans in during the year, which "strengthened the club's balance sheet". We bet it did. Admittedly, [...]
