Quiz: Most UK drivers can only recognise 80 per cent of road signs – can you? August 10, 2016 Alarming news if you're planning a weekend getaway: the average UK driver can only recognise eight in 10 road signs. According to research by Kwik Fit, two in five drivers have become so confused by the meanings of road signs, they've run into trouble on the road. Just one in 10 drivers were able to [...]
A survey of student satisfaction levels has just found London students are the most miserable August 10, 2016 NULL
The train journey between London and Norwich is about to get faster, with a £1bn order for new trains August 10, 2016 The crawl between London and Norwich is about to be turbo charged (or at least get a little speedier), after the government gave the East Anglia rail franchise back to Abellio. In a statement today the government said its decision will cut travel times between Liverpool Street and Norwich, Cambridge and Peterborough by an average of [...]
11 business podcasts you need to listen to on your summer holiday August 9, 2016 Podcasts are becoming an increasingly popular medium – partly thanks to the success off the likes of Serial, but also because they're one of the easiest ways to take in information. Looking for something to listen to on the beach? Look no further… 1. TedTalks Business A classic but a goodie, Ted has built up [...]
Limited departures resume for Delta Air Lines flights after power outage August 8, 2016 Delta Air Lines said "limited departures" were resuming after a power outage that grounded flights worldwide just as summer holiday season got into full swing. The airline said passengers should continue to expect delays and cancellations, and advised customers to check the status of their flights before they travel. It added that large-scale cancellations were expected after [...]
Here’s how much the UK government made from property taxes last year August 8, 2016 Anyone who thought this year's stamp duty hike on second homes was a bit harsh, we suggest you look away now: new research has suggested the government made a whopping £67bn on stamp duty, council tax and business rates last year. According to figures from the Taxpayers' Alliance (TPA), the government raked in £1.8bn or 2.8 per cent more in 2015 [...]
City A.M. Unregulated podcast: Property entrepreneur Rob Moore on the joys of being disruptive August 8, 2016 Uber's Travis Kalanick has done it. Amazon's Jeff Bezos did it two decades ago. Tesla's Elon Musk does it on a regular basis. This week property entrepreneur Rob Moore, host of the Disruptive Entrepreneur podcast, takes on the topic of disruption. He tells us the story of his failure and subsequent success – and why despite everything, [...]
Get set for Southern Rail strikes next week, after union talks broke down August 5, 2016 There's no easy way to say this: those Southern Rail strikes are more than likely going ahead next week after talks between bosses and the RMT union broke down. Talks between Southern and RMT ended with no resolution this evening, meaning five days of strikes will go ahead next week. That came after RMT offered [...]
This bank has already passed on the interest rate cut to some of its mortgage customers August 5, 2016 There had been concern banks would take a while to pass yesterday's cut in interest rates on to customers – but it seems those fears were unfounded, after one major lender said it was cutting the rate of standard variable rate mortgages by 0.25 per cent. NatWest – which is owned by RBS – said [...]
Deliveroo just raised $275m to fend off Uber August 5, 2016 Deliveroo, the London-based food delivery startup whose bikes are swarming the capital, has just raised another $275m (£209m) in an effort to ward off a growing threat from Uber. The company said the Series E investment round was led by Bridgepoint, existing investor DST Global and General Catalyst, with participation from Greenoaks Capital. The company said [...]