TfL seals Tube map sponsorship deal with MBNA December 3, 2014 When it first emerged Transport for London (TfL) was seeking a sponsor for Tube maps back in June 2013, many jokes were made about the possibilities for stations like "Oxoford Circus" and "iPaddington". But now the sponsored Tube map is here: TfL announced today MBNA, the contactless card provider, will have its logos plastered across [...]
Parkinson’s app uMotif is the first app to be prescribed on the NHS December 3, 2014 The NHS has just started prescribing its first app – from now on, patients with conditions such as diabetes, heart failure and Parkinsons can use uMotif, developed by a London-based startup, to monitor their health, The app works by monitoring patients' blood pressure, blood glucose – and even includes a pedometer. Using the data it [...]
Autumn Statement 2014: Shares in RBS, Lloyds, HSBC and Barclays fall as chancellor outlines profit measures December 3, 2014 Shares in UK banks dropped in early afternoon trading as George Osborne outlined measures to limit the amount of profit lenders can offset by losses. In his Autumn Statement speech, Osborne said he would limit offests to 50 per cent, and delay relief on bad debts, which he added will raise £4bn for the Treasury [...]
Just Eat shares plummets as founding shareholders sell 7.7 per cent stake December 3, 2014 Takeaway site Just Eat became the biggest faller on the FTSE 250 this morning, after its founding shareholders sold a 7.7 per cent stake in the company. Shares fell 8.64 per cent to 309p in mid-morning trading as it emerged shareholders including Index Ventures, SM Trust and Vitruvian Partners sold off part of their share [...]
Italian bond yields just dipped below two per cent for the first time ever December 3, 2014 Yields on Italian 10-year bonds have fell to 1.997 per cent this morning, the first time they've ever dropped below two per cent. The fall suggests investor confidence in the country – which in August fell into its third recession since 2008 – is beginning to strengthen. The drop came on the back of figures [...]
Autumn Statement 2014: Lord Heseltine calls for minimum wage hike December 3, 2014 Former Tory deputy prime minister Lord Heseltine has called for a hike in minimum wages, saying there is no argument for the government to keep wages low. At an event held by Management Today magazine at Claridge's on the eve of George Osborne's Autumn Statement, Heseltine said the "great thing about being a government adviser, rather [...]
Mike Lynch vs HP: Autonomy founder says he will report HP to US regulator December 2, 2014 Is another chapter about to be written in the saga of Autonomy founder Mike Lynch versus HP? Lynch has said he is planning to report the US tech giant to the US Securities and Exchange Commission (SEC), after the botched takeover during which the company took an $8.8bn (£5.6bn) writedown on Lynch's business. The battle [...]
Which supermarket wine wins top of the shops? Corks pop as M&S nets 73 medals December 2, 2014 Here's one thing the discounters aren't winning at. Aldi may just have launched its own range of fine wines, but this Christmas we'll be raising a toast to Marks & Spencer, which has just netted 73 medals at the International Wine Challenge (IWC). The supermarket won five gold medals, 21 silvers and 47 bronzes for [...]
UK construction growth slows December 2, 2014 Output in the UK's construction sector grew by a its smallest since October last year last month, figures published today show. The Markit/CIPS Construction Purchasing Managers' Index fell to 59.4, from 61.4 in October – although it still remained way above the 50 mark which denotes contraction. Analysts suggested the contraction was down to weaker [...]
Merry Biz-mas? Last year’s weirdest business Christmas cards from Warren Buffett, Jamie Dimon and Maurice Lévy December 2, 2014 Tony Blair has already been given a heavy ribbing for his alarmingly wooden Christmas cards, while Nigel Farage has released a cartoon of him in a white van, reversing over his rivals. But they've got nothing on last year's trickle of chief executive Christmas cards, which ranged from the sublime to the downright tasteless. Here [...]
