Equities rally again: The Dow Jones just hit another all-time high – but the FTSE 100 has fallen back November 14, 2016 The Dow Jones industrial average leaped to 18,904 points in early trading in New York today, smashing its previous record of 18,857. Meanwhile, across the pond, trading was also encouraging – although slightly less encouraging than it was earlier, after the FTSE 100 slid to 6,752 points, down from 6,811 earlier. It was still in [...]
It’s official: 2016 is going to be the hottest year ever November 14, 2016 It might not feel like it after the cold snap experienced by the UK over the past few days, but this year is on course to be the hottest on record, with global temperatures set to rise 0.88 degrees celsius above the average. Today the World Meteorological Association said 2016's global temperatures were approximately 1.2 [...]
Black Friday 2016: Eight of today’s best deals from Amazon November 14, 2016 Amazon kicked off two weeks of Black Friday deals this morning, with offers on products from CDs (old school) to TVs, headphones and, er, loo roll. For those sneaking in some early Christmas shopping while they're at work (we don't blame you), we'll list the best deals every day in the run-up to the annual [...]
FTSE 100 finishes the week lower as the pound slides below $1.26 November 11, 2016 Having jumped above $1.26 this morning for the first time since the so-called flash crash back in October, the pound slid back in afternoon trading. Sterling was just 0.2 per cent up against the dollar at $1.2577 by late afternoon trading in London. It was doing rather better against the euro, rising 0.7 per cent to [...]
Black Friday: Rumours, deals and speculation at retailers including Amazon, Argos and Tesco November 11, 2016 Ah, Black Friday. It may have started as an American tradition – but in recent years it's become more British than watching the Queen's speech while wearing a jauntily-angled Christmas cracker hat. This year, Black Friday falls on 25 November. But sharpen those elbows, people, because the Black Friday 'period' begins NEXT WEEK. Here's what retailers [...]
Hotly-tipped London startup Yubl has collapsed into administration November 11, 2016 One of London's most hotly-tipped startups, Yubl, has collapsed into administration with the loss of more than 50 jobs, City A.M. understands. In August City A.M. reported the social messaging app was aiming to raise up to £20m in venture capital as it eyed a move into Europe. The company, which has been tipped as the "UK's answer [...]
There’s been a huge spike in Americans searching for London property since the US election November 11, 2016 Remember when searches for Irish passports broke the Irish embassy website after Brexit? Well, it seems anti-Trump Americans have set their sights rather further – after property portal Zoopla reported a 45 per cent spike in traffic to its website from the US in the hours after the Presidential election result was announced. According to [...]
The housing minister just admitted the government will miss its housebuilding targets November 11, 2016 NULL
The housing minister just admitted the government will miss its housebuilding targets November 11, 2016 The UK's housebuilding sector is "absolutely… not at the rate we need to be" in order to meet government targets, the housing minister has admitted. In an interview with Sky News, Gavin Barwell said although the UK is currently building 170,000 new homes a year, we're on course to miss a target of one million [...]