RMT has just offered to suspend next week’s Southern strike – but only if it matches an offer by ScotRail August 5, 2016 The RMT union has offered to suspend strikes on Southern Rail planned for next week – but only if Southern meets certain conditions. In an open letter to Southern managing director Charles Horton following two days of Acas talks, the union said it will suspend strikes as long as the company matches an offer made by [...]
Which Olympic-themed streets have the highest house prices? Zoopla answers the question no one was asking August 5, 2016 In the grand scheme of questions we had about the Rio 2016 Olympics ("Will all the buildings actually be finished by tonight's opening ceremony?", "Could those swimming trunks be any smaller?", etc), "does having the word 'Bolt' in my street name affect the value of my house?" wasn't one of them. But the good people at online [...]
Goldman Sachs has warned Brexit might force it to restructure August 5, 2016 Bank of England hysteria aside, the fallout from the Brexit vote has been seen by many as relatively minimal. But now Goldman Sachs has added its voice to the doom-mongers, admitting it may be forced to restructure "certain of our operations" if the outcome of Brexit negotiations isn't to its liking. In a US filing last night, the [...]
Here’s what seven City analysts are saying about the Bank of England’s decision to cut interest rates August 4, 2016 So that's it – after seven long years of interest rates becoming increasingly boring, today the Bank of England's monetary policy committee (MPC) voted to cut the base rate to 0.25 per cent. Here's how analysts have reacted: 1. "Oh, the irony" Calum Bennie, savings expert at Scottish Friendly: “It seems for many savers chickens [...]
The Bank of England’s interest rate decision is so interesting, its website just went down August 4, 2016 We know we've been waiting for interest rates to get interesting for a long time, but this is just ridiculous. After the Bank of England's monetary policy committee made the not-so-shock decision to cut interest rates, the Bank's website promptly crashed. Users trying to find more information about the rate cut, or read today's quarterly inflation [...]
What Brexit? New car registrations edge up in July as demand for hybrids stays strong August 4, 2016 If car dealers had been worried about a long-term impact from the Brexit vote, that may have been misplaced. Figures published this morning showed new car registrations rose 0.1 per cent to 178,523 units in July. The Society of Motor Manufacturers and Traders said the number of new cars registered so far in 2016 was just shy [...]
The UK has just experienced the highest jump in card fraud in Europe. Here’s why August 4, 2016 Card fraud is regarded as an unpleasant fact of life by many – but it turns out things are looking worse in the UK than anywhere else in Europe. According to research by software analytics firm Fico, the UK experienced an 18 per cent jump in card fraud losses in 2015 – the highest of any [...]
City A.M. Unregulated Rio 50 special: Rio 2016 Olympics and sponsorship – which athletes are pulling in the big bucks? August 4, 2016 In a special edition of the Unregulated podcast, Emma Haslett and Frank Dalleres analyse City A.M.'s Rio 50 list of the most marketable athletes at the Rio Olympics and Paralympics. Jon Izzard, of sports sponsorship specialists Synergy, explains why brands want to work with athletes, who will earn the most from the Games… and why there are no Russians [...]
This map shows the average rental price for a double room in every London postcode August 3, 2016 Renters of London, rejoice – for those punishing hikes in rent you've been experiencing since the downturn may have come to an end, new figures have suggested. The average rent in the capital increased just one per cent year on year in the second quarter of this year, SpareRoom's London Rental Index has shown, compared with [...]
Ruh-rob: Bitcoin price plummeted 20 per cent last night after a major exchange was hacked August 3, 2016 The value of bitcoin fell sharply last night after a major exchange halted trading, saying it had uncovered a security breach. Bitcoin fell as low as $483.10, after Hong Kong-based Bitfinex said some of its users had had their bitcoins stolen. In a statement it said the theft had been reported to the police. Read [...]
