Morrisons: Share price jumps as chief executive Dalton Philips resigns, while Andrew Higginson steps up January 13, 2015 Shares in Morrisons bounced six per cent in early trading, after it announced chief executive Dalton Philips will step down after five years at the helm, while Andrew Higginson, an ex-Tesco executive, will take over from chairman Sir Ian Gibson later this month. Philips will stay on until the company's end of year results in [...]
Hands-free robotic hands making waves January 12, 2015 New waves in technology come and go, but here's one that will surely last the test of time: a smartphone dock equipped with a pair of robotic arms. "Indi", the brainchild of MBA student Billy Wood, will wave its robotic arms to gain your attention when you have a call. It can also [...]
Petrol price cut by 2p as big four supermarkets fuel price war brings £1 a lite petrol ever closer January 12, 2015 There seems to be no let-up in the supermarket fuel price war as another wave of cuts to the price of petrol was announced on Monday. The big four supermarkets are all slicing 2p off their petrol and diesel. Unfortunately for motorists, the supermarkets are still some way off being able to retail for below [...]
EU referendum greater risk to London’s property market than General Election uncertainty, says KPMG January 12, 2015 A referendum on Britain's EU membership could herald bad news for London's high-flying property market, new research has found. David Cameron has promised to renegotiate Britain's membership of the EU and put the result to the people by 2017. But if Brits vote to leave, the capital's property market could suffer in the aftermath, big [...]
London Bridge commuters face over a year of disruption as platforms remain closed January 12, 2015 Commuters using London Bridge station haven't seen the end of their travel woes, according to Network Rail bosses. Rebuilding work at the station could mean disruption and inconvenience to passengers for over a year. Those travelling to London Bridge using Southeastern's Charing Cross service will need to take another route entirely from today. The service [...]
Rangers rejects Phoenix Suns owner Robert Sarver’s revised £20m takeover bid January 12, 2015 Robert Sarver, the American financier and owner of the Phoenix Suns basketball franchise, has once again been disappointed by Rangers. In a statement this morning, the club rejected Sarver's revised offer of £20m for a majority stake in the Glasgow outfit. Rangers believes the offer wouldn't carry the support of the majority of the company's [...]
Taylor Wimpey says housing market is set for “lower rate of price of growth” January 12, 2015 House builder Taylor Wimpey reported this morning its total home completions rose six per cent to 12,454 in the year ended 31 December. The average selling price on private completions grew a hefty 11 per cent from £210,000 in 2013 to £234,000. The overall average selling price climbed 12 per cent to £213,000. The FTSE 100 [...]
Flying economic: The 10 holiday destinations where the pound stretches the furthest January 9, 2015 It's January, and those post-holiday blues can be pretty tough. But they say the best way to shrug it off is to book a holiday, and although the pound's strength is hammering exporters, it offers holidaymakers an extra incentive to get away. And with oil prices tumbling, airline tickets are dropping to bargain basement [...]
MPs overwhelmingly prefer council tax reform to Labour’s mansion tax, according to latest poll January 9, 2015 More than two-thirds of MPs believe reforming council tax would be better than a mansion tax, in terms of raising money from property. Close to 70 per cent of MPs, when asked, said there should be additional council tax bands instead of Labour's policy of taxing all properties valued at £2m or more. In a [...]
Here’s why Labour is winning the General Election poster war January 9, 2015 The first week of 2015 was a flurry of political activity with the three major parties firing the starting gun on the General Election. The Tories kicked things off launching their first election poster. The message, unsurprisingly, focused on what the Conservatives believe to be their strongest card – the economy. The poster said there [...]
