2015 Forbes’ billionaires list: Bill Gates joined by Facebook’s Mark Zuckerberg, Uber’s Travis Kalanick and Snapchat’s Evan Spiegel March 2, 2015 While Forbes’ list of billionaires is topped by the usual suspects – Microsoft founder Bill Gates, business magnate Carlos Slim and investment guru Warren Buffett – young tech entrepreneurs are hot on their heels. Facebook founder Mark Zuckerberg joined the top 20 for the first time with an estimated fortune of $33.4bn (£21.7bn), placing him [...]
Mobile World Congress 2015: Facebook boss Mark Zuckerberg puts pressure on operators March 2, 2015 Facebook chief executive Mark Zuckerberg went to great lengths to rebuild bridges with global mobile operators in Barcelona last night in order to spur a project to bring free internet to the world’s poorest people. When the founder of the world’s largest social network first called on operators to support him in early 2014 his [...]
Mobile World Congress 2015: Google aims to launch its own mobile network March 2, 2015 Google is set to launch its own US mobile network “in the next few months” as part of a move to spur innovation among operators. The search giant’s vice president of android and chrome, Sundar Pichai, told telecoms executives at Mobile World Congress that Google would rent network capacity and launch a consumer-facing network to [...]
Mobile World Congress 2015: Samsung UK exec Andy Griffiths sees confidence up March 2, 2015 Britain’s consumers poured cash into TVs, smartphones and household appliances over Christmas and into 2015, says Samsung’s UK and Ireland president, who said the spending was a barometer of the wider UK economy. “We’re really seeing the health of the UK economy coming through,” explained Andy Griffiths, speaking to City A.M. at Mobile World Congress [...]
British Land buys up Surrey Quays plots in Canada Water for £135m March 2, 2015 Developer British Land said yesterday it has bought the last of the sites for its £2bn regeneration project in Canada Water – paying £135m for Surrey Quays Leisure Park from Aviva Investors. The FTSE 100 developer has quietly amassed over 50 acres of land in Canada Water over the last five years and is spending [...]
Argent and Related announce UK development joint venture March 2, 2015 BRITISH developer Argent and US- based real estate and investment firm Related have combined to form Argent Related. Both firms will exclusively conduct all future UK projects through the joint venture. One of those projects will be the south side of the new Brent Cross shopping centre in north west London. Argent and its joint [...]
House prices fell in February on slow demand… March 2, 2015 BRITAIN’S housing market saw a tiny readjustment in February, as prices fell on the month, Nationwide figures showed yesterday. On a monthly basis prices fell 0.1 per cent to an average of £187,964. That compares with a rise of 0.3 per cent in January, and is the first fall since September 2014. On an annual [...]
UK house prices: Rise in mortgage loans could mean slowdown is ending March 2, 2015 Mortgage approvals edged up in January, Bank of England figures showed yesterday, hinting that the slowdown in the market could be coming to an end. A total of 60,786 loans were approved in January, up from 60,349 in December. However, that is still down from 75,559 in January 2014. “A second successive – albeit small [...]
Mid-size firms in Britain beat the Mittelstand March 2, 2015 MID-SIZED firms contribute more to the UK than the famed Mittelstand does to Germany’s economy, HSBC analysts said today. Critics of Britain’s economy frequently argue that the country needs to emulate Germany, with a wider base of mid-sized businesses to generate growth. But HSBC argues that the UK is already there. Its analysis shows mid-market [...]
Scandal-struck boffin Douglas McWilliams looks east to Singapore March 2, 2015 Sometimes you just need to get away – right? And no better time than when your private life has been the subject of front-page scandal in the Sunday tabloids. Little surprise, then, that top economist Douglas McWilliams has set his sights on a move to Asia as he looks to recover from the recent allegations. [...]
