Quindell share price jumps 16 per cent as it confirms plans to sell part of its business January 2, 2015 It looks as though Quindell is making an early start to its new year's resolutions. Shares in the troubled insurance outsourcer jumped more than 16 per cent in mid-morning trading after it confirmed this morning it has entered into exclusivity arrangements with a third party to dispose an operating division in order to improve its [...]
Tesla founder Elon Musk divorces his British wife – for the second time January 2, 2015 It can't be easy living with a multi-billionaire with so many ideas that he has to offer some of them to other people because he doesn't have time to take advantage of them all. But you'd have thought that's a lesson Tesla founder Elon Musk's soon-to-be ex-wife, British actress Talulah Riley, might have learned the [...]
More rush hour rail chaos with long delays on Virgin and London Midland lines as fare rises come into effect January 2, 2015 Rail passengers faced the dual indignities of a 2.5 per cent increase in ticket costs and more rail delays this morning, as fare price rises came into effect. The price rise applied to regulated fares, which includes most season tickets, although the average fare rose 2.2 per cent. Lines were held up between London and [...]
Where to buy the cheapest petrol: Asda, Sainsbury’s and Tesco cut prices December 31, 2014 Three of the UK's largest supermarkets have cut the price of petrol and diesel, drawing the battle lines for a New Year war at the pumps. Sainsbury's, Tesco and Asda all cut their prices by 2p per litre. It's the 13th time Asda has lowered its price since September. Traditionally the lowest-priced petrol retailers, supermarkets' [...]
New year’s resolutions to make you think more like Facebook founder Mark Zuckerberg December 31, 2014 As if running a $221bn (£142bn) company isn't enough, Mark Zuckerberg is known for his commitment to keeping new year's resolutions. Every year, the Facebook founder sets himself a new challenge – a process which, he told an audience last week, forces him to "do other things outside of [work]". But Zuckerberg doesn't just go for [...]
FTSE 100 closes 0.3 per cent up (but fell 2.7 per cent in 2014) December 31, 2014 The FTSE 100 ended the year at 6,566.09 points, 0.3 per cent higher than yesterday's close, as trading ended early on New Year's Eve. However, the index was 2.7 per cent down on the beginning of the year, as equities were rocked by headwinds from global markets. Alastair McCraig, a market analyst at IG, pointed [...]
How to get the cheapest possible Uber fare and avoid surge pricing on New Year’s Eve, by Travis Kalanick December 31, 2014 New Year's Eve means only one thing: it's going to be impossible to get a taxi. Never fear, though: 2014 was the year Uber went from small fry to mainstream, meaning London's streets will have more cabs than ever, all eager to whisk you to your next party. The only problem is, because Uber operates [...]
Tony Blair on Ed Miliband criticism: “I was misinterpreted” December 31, 2014 Much sackcloth-and-ashing afoot this morning, after Tony Blair insisted comments in which he appeared to say Ed Miliband could not win the election were "misinterpreted". His denial, on Twitter, came a day after the publication of an interview in The Economist, in which Blair was quoted as saying Miliband had swung too far to the right [...]
New Year Honours List 2015: James Caan, Brent Hoberman, Julie Deane and the other entrepreneurs receiving recognition December 31, 2014 It's that time of year again: the Queen's New Year Honours list shows which of the UK's finest will don a hat for a trip to Buckingham Palace. And although Esther Rantzen and Sheridan Smith are among the big names on the list, a host of entrepreneurs have been recognised, including some of the UK's [...]
Oil price slides further as China manufacturing contracts December 31, 2014 China's manufacturing sector contracted for the first time during December, new figures published this morning showed. HSBC/Markit's China manufacturing PMI fell to 49.6, below the 50-mark which indicates a fall, and down from 50 in November. However, the figure was revised up from an initial "flash" reading earlier in the month, which was 49.5. Last [...]
