Family Building Society strikes gold with client October 14, 2014 Gold bugs may get a hard time from us cash-is-king-ites and they certainly didn’t have a great start to the month, with the gold price falling to a four-year low. But sometimes they can use their reserves as more than expensive door stoppers. The Family Building Society was contacted recently with regards to its family [...]
Jean Tirole’s Wikipedia page in need of an edit as Manuel Valls thumbs his nose at Andy Street October 13, 2014 When Jean Tirole’s name was read out at the Royal Swedish Academy of Sciences yesterday, a lot of people, economics geeks aside, Googled his name to see who exactly the Nobel Prize for Economics winner was. Along with the list of the economist’s various accolades, Tirole’s Wikipedia page said, “YO, SOMEONE EDIT THIS STUFF IT [...]
Fan’s attempt to give Red Bull its wings back fails to get off ground October 13, 2014 Following last week’s devastating news that Red Bull doesn’t give you wings and the drink brand’s subsequent $13m settlement for misleading advertising, one fan has taken into his own hands to cheer up the energy drink company. Davey Kulter set up a crowdfunding Indiegogo campaign to “give Red Bull its wings back”. He [...]
Economic cost of wasted hours caused by London traffic gridlock to hit £9.3bn by 2030 October 13, 2014 Traffic gridlock has a substantial effect on the economy and this is set to get significantly worse by 2030, according to a report by the Centre for Economics and Business Research (CEBR). Having studied the real-time information provided by traffic analytics firm INRIX, the CEBR concluded drivers in London spent more than 250 hours idling [...]
Inmarsat chief Rupert Pearce goes overboard with latest deal at Volvo Ocean Race October 12, 2014 Alicante played host to more than its usual Costa del Sunseekers at the weekend, as sailing fans and corporate sponsors flocked to say “bon voyage” to the vessels of one the world’s largest boat challenges – the Volvo Ocean Race. FTSE satellite giant Inmarsat is one of the race partners; its tracking technology keeping the [...]
Canary Wharf gets mo-ed in time for Movember challenge October 12, 2014 It’s that time of year again. Polish off those razors and get ready to start afresh on Movember first – that most hirsute of months is nearly upon us. But don’t worry if you forget, the shaving force behind the charity month has mo-ed a reminder into the grass in Canary Wharf. Want to get [...]
Tube strike called off as new RMT boss claims concessions October 9, 2014 STRIKE action due to go ahead next Tuesday was called off yesterday following talks between Transport for London, the RMT union and mediator Acas. The strike action was called by the RMT’s new director general Mick Cash. “The RMT has been able to secure significant movement in three key areas which have allowed our executive [...]
Aim’s biggest champs flock to Old Billingsgate for PwC awards night October 9, 2014 It was the heroes of the junior market’s turn for a night on the tiles last night, as the annual PwC Aim awards descended on Old Billingsgate. Team Shore Capital were there in force as sponsors of the transaction of the year award. The excitement of the gongs aside, it had been quite the day [...]
Anya Hindmarch tells BCC conference: “I fire myself at the end of each working day” October 9, 2014 At the British Chamber of Commerce (BCC) conference yesterday, handbag designer Anya Hindmarch let everyone into a few trade secrets. For a start, she has a graffiti painting behind her desk which reads, “scary.” It’s not just a warning to her staff to get her coffee order right, it also reminds her that scary is [...]
Christopher Bailey tops OUTstanding list of LGBT business leaders as Goldman Sachs and JP Morgan bosses make straight allies cut October 8, 2014 Two of the world’s best known names in banking have shattered any perceptions of stuffy conservatism by featuring in lesbian, gay, bisexual, and transgender (LGBT) professional network OUTstanding’s top 10 straight allies’ list. Goldman Sachs boss Lloyd Blankfein came in second with JP Morgan’s Jamie Dimon not far behind in sixth, recognising the contribution the [...]
