First sterling, now this: Twitter is down for some users October 7, 2016 First, an algorithm sent the pound into a tailspin, now Twitter has gone down. Anyone would have thought the machines have something against us… Downdetector, the site which displays technical issues on websites, suggested "problems at Twitter", while the site was having problems loading. It wasn't just its technical side having problems, though – Twitter's share price was [...]
The world’s 50 best bars have been named and nine of them are in London October 7, 2016 It's official: we live in the capital of cocktails – in fact, London has claimed nine of the spots in this year's World's 50 Best Bars ranking. We'll drink to that. The ranking, which was compiled by an "academy" of 476 experts from 57 countries, put New York's The Dead Rabbit at the top – but included three [...]
The majority of people in these five British regions have less than £100 in savings October 7, 2016 There's been much talk of a debt-fuelled recovery in recent years – but now worrying research suggests people in five parts of the country are taking that to heart. Research by the Money Advice Service (Mas) suggests 44 per cent of people in the UK are "non-savers", with less than £100 in the bank. That means [...]
Stirling prize: Damien Hirst’s street-length art gallery is the winner of this year’s prestigious architecture award October 6, 2016 The winner of this year's coveted Stirling Prize has been unveiled – and it's fitting that the coveted architectural award should, this year, go to an art gallery. Yep, this year the Royal Institute of British Architects' (Riba) prestigious award has gone to Vauxhall's Newport Street Gallery, built to house Damien Hirst's private art collection, which opened at the end of [...]
Walmart reckons profit will be pretty flat next year – but that’s because it’s investing in digital October 6, 2016 It's not only in the UK that supermarkets are struggling: Walmart, which owns Asda, has released updated profit guidance suggesting profits will be largely flat next year. Ahead of an investor day today the supermarket, the world's third-largest employer, said it expects earnings per share to lie between $4.29 and $4.49 in 2017 – then [...]
How sweary is your trading floor? All British swearwords have officially been ranked according to offensiveness October 6, 2016 If you work on a trading floor, some of these might sound familiar – but now research by Ofcom, the communications watchdog, has ranked British swearwords according to their severity. Because it's vital we know… No prizes for guessing what the worst word in the English language is, although two variations of one word (in the [...]
Seven UK cities it’s cheaper to fly from than pay a mortgage in London October 6, 2016 We all know London's an expensive place to live – but this is just ridiculous. A study by online estate agent Emoov seen exclusively by City A.M. has found it would be cheaper to buy a house in seven of the UK's largest cities, fly down and stay in a budget hotel for a week, then fly back [...]
Double trouble: Jedward’s company has fallen into a loss October 6, 2016 Wow Oh Wow: it looks like unlikely Irish pop twins Jedward are Under Pressure, after they made a loss of almost €235,000 (£207,000) in the past two years. How Did You Know? Their company, Planet Jedward, filed results with the Irish Companies Registration Office. The figures showed while the pair, who rose to fame in 2008 during a stint [...]
The new centre ground: The full text of Theresa May’s Conservative Party conference speech October 5, 2016 In the speech which closed the Conservative Party conference, Theresa May spoke of a country in transition, and new opportunities. The full 7,600 words is below – although if you'd rather a cut-down version, her best quotes are here – or you can read how businesses reacted. The new centre ground: May's speech in full When [...]
The best reactions to Theresa May’s speech at the Conservative Party conference October 5, 2016 With promises to intervene in "dysfunctional" markets and reform boardroom pay, Theresa May's closing speech at the Conservative Party conference was, she said, squarely aimed at "shifting the balance in favour of ordinary working people". But how have businesses reacted to her list of pledges, which included a promise to reset the Conservative Party's relationship with [...]
