Unicorn-drawn cabs are taking commuters to work from Canary Wharf DLR today October 28, 2016 It's a pretty miserable day today, but Canary Wharf commuters are about to get a blast of magic, thanks to a carriage which will take them to work – and is drawn by a pair of bonafide (kind of) unicorns. The "Unicab" is available to workers around Canary Wharf DLR station this morning, and will fit you and three [...]
The government’s Lloyds sale ignores its primary duty: The public October 28, 2016 Say what you like about Margaret Thatcher, but she knew how to say thanks. Critics will crow about the poll tax – but they are the same people who were given the chance to own a slice of British Gas as part of the Tell Sid campaign. Today’s Treasury leaders could learn a thing or [...]
How seven City analysts reacted to the surprise rise in UK GDP October 27, 2016 Scaremongers were once again proved wrong this morning, after it was revealed the UK's economy grew by 0.5 per cent in the third quarter of 2016. The figure, by the Office for National Statistics, was much higher than the 0.1 per cent analysts had expected. Here's how the City reacted: ps. Today marks the 30th anniversary [...]
Sterling stuff: UK car exports just rolled past 1m October 27, 2016 UK car manufacturers may have complained bitterly about Brexit, but they're celebrating now – after car exports rose almost one per cent in September. Figures by the Society of Motor Manufacturers and Traders (SMMT to its friends) showed 1,000,642 cars have been exported so far this year – up 12 per cent from 891,492 at [...]
Audi and VW have set aside another €1bn between them to pay for the diesel emissions scandal October 27, 2016 Audi and Volkswagen have set aside another €1bn (£893m) between them to address the diesel emissions scandal which which has beset the pair since September last year. Ahead of results from the Volkswagen Group today, Audi, which is owned by VW, said it expected additional financial burdens of €620m in the third quarter. That's partly [...]
Investors have launched a petition asking the government to sell Lloyds shares to the public October 26, 2016 It seems retail investors were counting on getting their hands on a slice of Lloyds Bank – after a company representing potential shareholders launched a petition asking the government to give the public a chance when it sells off its final stake. Earlier this month the government unveiled the details of its final sale of [...]
Mortgage approvals fell 15 per cent in September October 26, 2016 The number of mortgages approved by high street lenders fell 15 per cent in the year to September, figures published today showed. The British Bankers' Association said the number of mortgages given approval hit 71,738 in September – up from 69,499 in August. But the figure was down on the 74,252 six-month average, and three per cent lower in [...]
13 verbs employers and recruiters want to see on your CV October 26, 2016 CV writing: it's a deeply awkward process – from working out which tense to write in (hint: do past tense) to deciding whether to list your love of paragliding among your hobbies. But now CV writing service StandoutCV has surveyed 150 employers to find out what they want to see on your resume – and [...]
Mercedes-Benz has unveiled its X-Class pickup truck and it’s an absolute monster October 26, 2016 Ever wondered what luxury car enthusiasts do when they have to, say, haul a cow carcass across many acres of rough farmland? Well, wonder no more – for Mercedes-Benz has unveiled its X-Class pickup truck, and it is a total monster. Mercedes said its first "premium truck" comes in two catchily-named versions. First, the "powerful adventurer", featuring all the strengths of [...]
Ritz boss lashes out over business rates revaluation: “Most politicians have never had a job” October 26, 2016 The man behind London’s most iconic hotel has lashed out at politicians in charge of a shaking-up business rates, accusing them of failing to understand business because they have “never had a job”. Andrew Love, deputy chairman of the Ritz, told City A.M. a revaluation of business rates unveiled at the end of last month [...]
