City Moves for 21 October 2015 | Who’s switching jobs October 20, 2015 RO REAL ESTATE The commercial property investment and development firm has appointed Nick Moore as senior investment manager. He joins from Lloyds, where he was director in its real estate division. Moore has 15 years’ experience in commercial real estate and has also held roles at PRUPIM, Warner Estates and DTZ. WILLIAM BLAIR Michael Collinson [...]
Want to buy a Brighton home? Wait 100 years October 20, 2015 FIRST-time buyers in Brighton are worse off than their London counterparts, according to online estate agents HouseSimple. A resident in the seaside town would need to save for more than 104 years to amass a deposit for a property in the area, based on average salaries and property prices, The average cost of a Brighton [...]
Indiegogo to help charity funding October 20, 2015 THE WORLD’S largest online funding platform Indiegogo will today launch a new crowdfunding platform for charities and non-profit organisations. Generosity will replace Indiegogo Life, allowing non-profit organisations to raise money along with individuals looking for donations for personal causes, and charities. The platform will be free for users, except for transaction fees, so all the [...]
Tech giants help to keep Wall Street flat – New York Report October 20, 2015 A drop in healthcare and biotech stocks offset gains in United Technologies and Verizon yesterday as US stocks ended down slightly. A 5.7 per cent drop to $140.64 in IBM also weighed on the market. The stock hit a five-year intraday low at $140.28 after it reported a bigger-than-expected fall in quarterly revenue and cut [...]
London property prices: Business bears the cost of the government’s housing failures October 20, 2015 London's housing crisis is a human tragedy. The London Poverty Profile, released today, shows that housing costs are the major driver of a big increase in the number of Londoners who are in work but still living in poverty. But the housing crisis is also an economic tragedy. It is damaging the competitiveness of businesses, [...]
Technological breakthroughs will make fossil fuels unburnable – not bureaucrats October 20, 2015 The governor of the Bank of England Mark Carney courted the wrath of the fossil fuel industry in a speech at the end of last month. He argued that investors in the sector face “potentially huge” losses. Actions by governments to try to head off climate change could make most reserves of coal, oil and [...]
Super-SMEs created three times more jobs than the FTSE 100 last year – but they can do better still October 20, 2015 Not all businesses in the UK provide the same bang for their buck, and one group in particular punches well above its weight. We call them high-growth small businesses (HGSBs). According to the latest Octopus High Growth Small Business Report, released last night, there are only 22,470 of them across the country – with 6,500 [...]
With Canada’s new Prime Minister Justin Trudeau pledging to run a deficit, are Anglosphere countries drifting apart? October 20, 2015 Michael Martins is an economic analyst at the Institute of Directors, says Yes National economic policies respond to global economic forces. But they are shaped by domestic political ones. In the downturn, budget deficits were needed to keep economies ticking over. But global debate about the merits of government borrowing has diverged sharply. To the [...]
Fifa sticks with February’s election vote to replace Sepp Blatter October 20, 2015 Fifa chiefs have declined the opportunity to postpone the election of Sepp Blatter’s successor as president of the crisis-hit world governing body, which is scheduled for 26 February. But Michel Platini, president of European confederation Uefa and the leading candidate to replace Blatter, has been told he may not be allowed to stand due to [...]
Manchester City boss Manuel Pellegrini unconcerned by City’s lack of European home comforts October 20, 2015 Manchester City boss Manuel Pellegrini has dismissed as irrelevant his side’s propensity to suffer Champions League home woes as they prepare for tonight’s showdown with Sevilla. Pellegrini’s side enter the contest on the back of convincing Premier League victories against Newcastle United and Bournemouth at the Etihad Stadium, although their European form on home soil [...]