Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals
Ford engineers have invented these three crazy contraptions to make life in the city easier September 22, 2016 It used to be Silicon Valley types who were obsessed with innovation – but it seems the bug has spread, after car giant Ford unleashed some of its engineers' craziest inventions. The company said it had set engineers a challenge: create a device which helps people handle city life. It received more than 4,500 submissions [...]
Fabric’s crowdfunding campaign has just smashed the £200,000 mark September 22, 2016 Legendary nightclub Fabric isn't going down without a fight: the Farringdon venue has not only launched a crowdfunding campaign – but it's already smashed through the £200,000 mark. The nightclub's licence was withdrawn earlier this month by Islington council, which warned of a "culture of drugs" at the venue, after six drug-related deaths at the club in [...]
“Farewell to soggy bottoms”: Mary Berry won’t be moving to Channel 4 with Great British Bake Off – but Paul Hollywood will September 22, 2016 Great British Bake Off star Mary Berry has stepped down from the programme – but fellow judge Paul Hollywood has announced he will stay on after the show was bought by Channel 4. Berry said today she will stay with the BBC out of "loyalty", adding that it had been a "privilege and an honour" to spend [...]
This chart shows pension savers in their 50s should put £7,500 more into their pension each year – while those in their 20s should save £1,500 more September 22, 2016 The average Briton in their 50s should be saving almost £7,500 more each year if they want to have a comfortable retirement. That's according to a study by Aviva, which suggests not only that the gap between what people in the UK are saving and the income they're expecting to have during their retirement has increased [...]
Supercar maker McLaren denies Apple takeover talks September 21, 2016 British supercar maker McLaren has denied it is in talks with Apple after it was suggested the Californian tech giant had made a takeover approach for all or part of its business. The Financial Times reported today the tech giant had approached McLaren Technology Group about either an acquisition or to take a strategic investment in [...]
The OECD just slashed its UK growth forecast and warned the world is in a “low-growth trap” September 21, 2016 One of the world's most influential economic organisations has slashed its forecast for UK growth next year. The Organisation for Economic Co-operation and Development (OECD) said today it expects UK GDP to grow one per cent in 2017 – down by one percentage point from its prediction in June. However, this year, growth will hit 1.8 [...]
It’s official: Saving for a house is more important than saving for a pension (to under-35s, anyway) September 21, 2016 Remember back in August, when Bank of England chief economist Andy Haldane was branded "irresponsible" after he suggested he'd rather invest in property than put money into a pension scheme? Well, it seems the nation's millennials agree with him, after a study found saving for a home is three times more important to them than putting [...]
City A.M. Unregulated podcast: Manners maketh man? Debrett’s expert solves your business etiquette dilemmas September 21, 2016 Handshake or double kiss? Brown shoes or black? We've all been faced with an etiquette dilemma in our careers. Renée Kuo, co-managing director of Debrett's, joins us to answer those burning questions – and explains why it's still vital to observe manners when you're trying to make an impression. You can subscribe to City A.M. Unregulated on [...]
Pinewood Studios wants to make it in China September 20, 2016 Forget making it in Hollywood – one of the biggest names in UK film is off to break…. China. Pinewood, the studio best known as the home of James Bond and Star Wars, said today it has opened an office in Beijing. The venture will be led by the company's international project executive, Amanda Halliday. Read [...]
Twitter’s new character limit: Here’s everything we know about the new rules September 20, 2016 Purists will be horrified – but for the rest of us, life is about to get a little bit easier. Yes: Twitter has relaxed its 140 character limit. Well, slightly. Naturally, the company announced the changes via tweet (and jazzy video) overnight: https://twitter.com/twitter/status/777915304261193728 Here's what you need to know. What is included in the new rules? [...]