BAE brings Iron Man tech to the battlefield February 19, 2014 Anyone who's tried a first person shooter is familiar with the heads-up display. Players are used to their screens displaying vital tactical information right in front of them. You might have seen the same thing in the Iron Man comic books and films. Now the real world is catching up, with BAE Systems releasing the [...]
Bank gets lyrical to advertise £50 notes warning February 19, 2014 The Bank of England really doesn't want you to forget to turn in your (soon to be outdated) £50 Houblon notes. We're not sure how many people just keep these lying around, but the notes, depicting the Bank of England's first governor are on their way out this April. Someone at Threadneedle Street has decided [...]
The most shocking video to come out of Ukraine yet February 19, 2014 As government forces continue to crack down on Ukrainian dissidents, things took a turn for the worse overnight. Protests have been ramping up since Ukrainian president Viktor Yanukovich rejected a deal with the European Union, favouring to take $2bn of aid from Russia instead. Opposition leader (and former world heavyweight boxing champion) Vitali Klitschko said [...]
Unemployment jumps unexpectedly to 7.2pc February 19, 2014 Looks like unemployment falls have hit a speed bump. Unemployment in the three months to December has seen a surprise increase, rising to 7.2 per cent. That's the first increase in UK unemployment since January 2013. Last month saw the jobless rate fall to 7.1 per cent, and consensus estimates had suggested that the rate [...]
ITV acquires the producer of hit US show Teen Wolf February 19, 2014 Broadcaster ITV has acquired a controlling stake in DiGa Vision, according to a corporate filing. DiGa is behind the hit show Teen Wolf, a reinvention of the 1985 film which is currently in its third season, and airs on MTV. ITV says that the acquisition represents a step forward in a strategy "of building a [...]
Games developer behind Bioshock is shutting down February 18, 2014 Games developer Irrational Games has announced that it's shutting down operations. Irrational is best known for its 2007 title Bioshock which has to date generated revenues of over half a billion dollars. The first-person shooter – set in a city built under the Atlantic ocean – is widely considered one of the most groundbreaking games [...]
Batman-inspired skyscraper set for approval at 40 Leadenhall February 18, 2014 Plans for a giant office scheme near Leadenhall Market was recommended for approval by City planners today. The site at 40 Leadenhall Street – also known as the Leadenhall Triangle – is owned by Henderson Global Investors, the fund managers behind the controversial Smithfield Quarter scheme, which is being reviewed at a public inquiry [...]
Marijuana investors could see their holdings go up in smoke February 18, 2014 That's the warning that Peter Garnry, head of equity strategy at Saxo Bank, is giving. Just this month we saw US lawmakers pass a farm bill that legalised the cultivation of hemp. That's sent shares in some companies soaring. As the marijuana stocks have seen their share trade volume skyrocket, their value has risen by [...]
UBS fuels up the energy debate with Centrica downgrade February 18, 2014 Centrica was given another blow after UBS downgraded its rating on the stock from sell to neutral, causing shares to tumble over three per cent earlier today. UBS also lowered its price target on the energy giant, which owns big six supplier British Gas, from 340p to 280p. The analysts attributed the downgrade [...]
Lawyer salaries up, but bonuses are dropping February 18, 2014 Some good news this afternoon for lawyers. The average salary in the legal sector has risen by £5,000 over the past year, a five per cent increase from the previous 12 months. The jumps means that the average lawyer’s salary now comes in at £108,690, up from £103,450 in 2012/13. But bonuses aren’t [...]