Amazon joins Bango in vague new agreement December 8, 2011 TECHNOLOGY provider Bango has agreed to provide services to internet retail giant Amazon but refused to elaborate further. The Aim-listed mobile phone payments company said in a statement: “The terms of this agreement are not being disclosed. “The Board believes it is too early in the relationship to accurately forecast the level of business which [...]
Work hours decline with sectoral shift December 8, 2011 UK employees have a shorter working week because their firms offer more flexible hours, and jobs have shifted from manufacturing into services over the last 20 years, according to data released yesterday by the Office for National Statistics. The average number of hours worked fell from 38.1 per cent in the second quarter of 1992 [...]
Japan slows on Eurozone crisis and strong currency December 8, 2011 JAPAN’S machinery orders fell much faster than expected in October, suggesting firms are slashing capital spending as the Eurozone debt crisis and yen strength cast a pall over the economy’s tentative recovery. Core machinery orders, an indicator of capital spending in the coming six to nine months, slumped 6.9 per cent in October from the [...]
High hopes for new stats boss to hold government to account on dodgy data December 8, 2011 ECONOMIST Andrew Dilnot will be the next chairman of the UK Statistics Authority, after the government’s favoured candidate was rejected as insufficiently independent. Independent statistics are “unbelievably important,” Dilnot told the public administration select committee, which approved his appointment. “You cannot do anything unless you know what the world looks like,” he added. Committee chairman [...]
CITY VIEWS: SHOULD DAVID CAMERON DO MORE TO PROTECT THE UK’S INTERESTS IN EUROPE? December 8, 2011 MAK HABIBIYAN ACSURA CONSULTING “Yes, I do. Britain is a strong country. A lot of the proposals will affect the UK adversely and not help the Eurozone, such as the Tobin tax. I don’t think Britain should be second to Europe.” PAUL TRACEY MAITLAND HUDSON “Yes. If there is a renegotiation of a treaty, we [...]
London 2012 Image of the week December 8, 2011 LONDON 2012 | BEARING RESPONSIBILITY PICTURE: REUTERS Sebastian Coe, the chairman of the London Organising Committee of the Olympic and Paralympic Games (LOCOG) poses for a photograph with 12 people selected to be torchbearers at the Tower of London on Wednesday. The first 6,800 conditional offers of a total of 8,000 places have been made [...]
UK mortgage approvals jump December 8, 2011 Loans for home purchases hit their highest since December 2009 in November, according to data out today from e.surv chartered surveyors, thanks largely to loose mortgage conditions. Purchase approvals rose from 52,743 in October to 54,658 in November on a seasonally adjusted basis – an increase of four per cent, and 15 per cent higher [...]
£29bn boost from overtime December 8, 2011 Unpaid overtime gives a £29bn boost to the UK economy each year, according to data released yesterday by the Office for National Statistics (ONS). Managers and senior officials contribute the most, the ONS found, estimating that the average full-time manager is paid for 38.5 hours per week but actually works for 46.2 hours – a [...]
SPITALFIELDS December 8, 2011 QUAKER STREET, E1 Price: £930,000 Moments from Brick Lane and Spitalfields, this two bedroomed penthouse flat sits within a secure, gated residential development with secure off-street parking. Furnishings are state-of-the-art and super sleek. www.foxtons.com WOODSEER STREET, E1 Price: £550,000 A one-bedroom ground floor flat with lovely original features including a mezzanine level and amazing original [...]
IMPROVE December 8, 2011 CREATIVE DIRECTOR OF APD INTERIORS WWW.APDINTERIORS.COM Q. Dear Andrew, we have just moved to a house where the living room is long and thin. How do I avoid it looking like a bowling alley? A. Everyone would love large square rooms in their home, but the reality is very different. However, even with a long [...]
