Can you Adam and Eve it? Cockneys gather in the City for a right old-fashioned knees-up September 27, 2015 It's Harvest Festival season, and to celebrate the City traded sharp suits and brogues for pearls and pinnies as cockneys dominated the financial district on the weekend. Glistening pearls, donkeys, shire horses and music hall favourites – the Pearly King and Queen Harvest Festival had it all. Pearly Kings and Queens joined Aldermen and [...]
New pension freedoms leading to prolonged careers as older workers delay retirement September 27, 2015 A QUARTER of older workers could delay retirement after dipping into their pension pots, according to research from pension provider Zurich. One in four (26 per cent) of over 55s in employment said they were planning to work beyond their retirement date after using pension freedoms to release cash from their savings. More than 200,000 [...]
Catalans vote in favour of break away from Spain September 27, 2015 SEPARATIST parties won an absolute majority of seats in Catalonia’s regional parliament yesterday, deepening a standoff with Spain’s central government over independence. The main secessionist group Junts pel Si (Together for Yes) won 62 seats in the 135-strong assembly in Spain’s wealthy northeastern region, while smaller leftist party CUP won another 10 seats, official results [...]
UK housing market: Property lending showing signs of rebound as banks resume financing September 27, 2015 Lending to the property sector is showing signs of recovery as the long-term decline in bank finance begins to slow, says commercial law firm EMW. In a report today, EMW says bank lending to investors in the property sector has levelled out over the past year, down just one per cent from £136.2bn in July [...]
Bank of England may put cap on lending for buy-to-let landlords September 27, 2015 THE BOOMING buy-to-let mortgage market is putting the UK’s banking system at risk, the Bank of England has warned. Officials are watching for lenders making it easier for would-be landlords to get loans, with the government weighing up whether to give the Bank powers to cap buy-to-let lending as it can for owner-occupied loans. A [...]
Synergy Health shares soar after US judge green-lights takeover September 27, 2015 SHARES in Synergy Health soared over 40 per cent on Friday after a US judge gave the go ahead for the British health outsourcing firm to be purchased by US rival Steris. The £1.25bn deal had previously been blocked by US antitrust regulators, but was reversed by the US district court in Cleveland, Ohio. The [...]
Investment fund for cyber crime hunters to float September 27, 2015 The first investment fund focused solely on companies battling cyber crime lists on the London Stock Exchange today. The exchange traded fund (ETF), called the ETFS ISE Cyber Security Ucits ETF, will launch in London nearly a year after it made its debut on the New York Stock Exchange. The fund, which invests in an [...]
SMEs paid out more in dividends over fears that taxes will increase September 27, 2015 The percentage of profits British small- and medium-sized enterprises (SMEs) paid out as dividends last year rose to 63 per cent, up from 46 per cent the year before, according to accountancy firm Moore Stephens. The accountancy firm said today this was due to business owners reacting to concerns about possible tax increases following the [...]
North Sea cod could be back on menu as fish numbers improve September 27, 2015 NORTH sea cod may be coming back to fish and chip shops around Britain, giving the country’s £6bn seafood industry a major boost. The Marine Conservation Society (MCS) has removed cod from its “do not eat” list after strict controls were brought in to protect the species following years of overfishing brought the populations to [...]
Obama to meet Cuba’s Castro at UN in New York September 27, 2015 President Barack Obama is scheduled tomorrow to meet his Cuban counterpart Raul Castro on the sidelines of the United Nations General Assembly in New York, a White House official said yesterday. The official was speaking aboard Obama’s plane, Air Force One, as he flew from Washington to New York. It will be the second meeting [...]
