Deutsche man in Hong Kong crash June 10, 2015 BRITISH trader Robert Ebert was arrested in Hong Kong yesterday after his £380,000 Ferrari supercar was involved in a crash that killed a 53-year-old security guard. Ebert, head of Asian equities trading for Deutsche Bank, was held on suspicion of dangerous driving and causing death but was later bailed without charge. Police said the accident [...]
Maggie’s care triumphs with St Barts centre June 10, 2015 AFTER nearly seven years of fundraising, designing and lobbying with City councillors, cancer support charity Maggie’s finally saw plans for a cancer support centre at London’s St Bart’s Hospital begin to take shape, as construction commenced yesterday. “We got there in the end,” declared Maggie’s board member Clara Weatherall as the ground was finally broken [...]
Selfie fever hits London hotel June 10, 2015 Kim Kardashian, P Diddy, Barack Obama and Kelly Brook. What do they all have in common? They love a good selfie. And from today, Swish St James’ hotel Conrad is offering selfie sticks to all their guests as part of a new marketing campaign. These can either be ordered from the minibar at £12 each, [...]
Ascot racers go up for auction June 10, 2015 MORE than 50 champion thoroughbreds, including Majestic Queen, with five wins, Master Apprentice, who won two and placed twice, and Smoking Sun, are about to go under the hammer at Kensington Palace on Monday. Thoroughbred auction house Goffs holds the second of a lavish annual event to allow wealthy punters buy a horse, some already [...]
UK house price growth expected to surge as post-election supply bounce lacking June 10, 2015 Hopes for a post-election surge in the supply of houses to the market have failed to materialise, the Royal Institution of Chartered Surveyors (RICS) said today. “Tight supply conditions continue to be a key factor underpinning prices, with fresh instructions to sell becoming increasingly sparse while average stocks per surveyor fell to a new record [...]
City jobs and pay growth boom as more workers look to move June 10, 2015 The number of City jobs new to the market shot up by 13 per cent year-on-year in May, according to figures released today by recruiters Morgan McKinley. Meanwhile, the average increase in pay for someone moving jobs was 18 per cent in May, compared with 19 per cent April. More professionals, both in an out [...]
Manufacturers struggle to hit pre-crisis levels June 10, 2015 THE UK’S manufacturers suffered a drop in output in the April, according to figures released yesterday by the Office for National Statistics. Manufacturing output was 0.4 per cent lower than in March, and only 0.2 per cent higher than in April last year. Total industrial production – which includes mining and quarrying as well as [...]
Turkey suffers a slowdown in growth at the start of the year June 10, 2015 TURKEY’S annual economic growth slowed at the start of the year, according to figures released yesterday by the Turkish Statistics Institute. The Turkish economy expanded by 2.3 per cent from January to March compared with the same period last year. The emerging economy has seen growth slow its heady heights of over four per cent [...]
German government borrowing costs shoot above one per cent June 10, 2015 THE GERMAN government’s 10-year borrowing costs shot above one per cent yesterday for the first time since September last year. It marks a sharp twist of fate for the interest rate on Germany’s 10-year government bond, which nearly turned negative in April after months of steady decline. At a negative interest rate, investors would essentially [...]
EU in/out referendum: Labour wants Bank of England to publish the costs of Brexit June 10, 2015 The Bank of England and the Office for Budget Responsibility (OBR) should publish an assessment of the economic impact of Britain leaving the European Union at least 10 weeks before an in/out referendum, the Labour party has said. Labour backed the EU referendum bill at its second reading on Tuesday, but it is understood that [...]
