Oil price rises following death of Saudi king January 23, 2015 Oil prices rose two per cent this morning, following the announcement of the death of Saudi Arabia's King Abdullah bin Abdulaziz al-Saud. Brent Crude, the global oil benchmark, rose to $49.48 a barrel after the announcement was made on state television late on Thursday. Rumours had already been circulating on social media when it was [...]
Davos 2015 on Ebola: Private sector is key to saving the world from future epidemics January 22, 2015 The Ebola epidemic in west Africa has killed thousands of people since it broke out in Guinea in December 2013, and it continues to claim new lives on a daily basis. International efforts have been largely successful and preventing the virus from leaving the region and reaching a pandemic level, but the risk of [...]
The cost of raising a child has more than doubled over the last decade – and London is the most expensive in the UK January 22, 2015 Bringing up a child to age 21 costs an average of £227,000 in the UK – an increase of £2,000 compared to last year. The figures, released by insurance firm LV=, also show that the cost is more than two-thirds higher than 10 years ago. This means that almost a third (28 per cent) [...]
HSS Hire IPO: Share price revealed January 22, 2015 Tool and equipment hire company HSS Hire will list on the London Stock Exchange said today shares will be priced in the 210p-262p range when it IPOs later this month. The company announced plans to list on the London Stock Exchange earlier this month, with analysts putting its value at £103m. The money generated [...]
Royal Mail share price rises as Christmas packages pick up January 22, 2015 The figures Shares in Royal Mail went up by 4.18 per cent to £4.49 in trading this morning, following the company's positive results for the Christmas period. Group revenue rose one per cent during the nine months to 28 December, indicating the company is performing in line with expectations. The UK postal service [...]
David Cameron to reveal devolved powers for Scotland January 22, 2015 Prime Minister David Cameron will reveal draft legislation outlining devolved powers for Scotland today. He will also meet Scotland's First Minister Nicola Sturgeon in Edinburgh to discuss enacting the plans. The “command paper” is believed to contain 44 new clauses across 100 pages. In the run-up to last year’s Scottish independence referendum, [...]
Attractive hedge fund managers win business, but it’s the shifty-looking ones who generate returns January 21, 2015 Attractive, trustworthy looking hedge fund managers win more business from investors, but they are on average less competent than their shifty-looking colleagues. Researchers at Tel Aviv University looked at photographs of dozens of hedge fund managers that were publicly available on Google, and judged how attractive and “trustworthy” they looked. They compared this [...]
Davos delegates: Saving the world from populist temptations January 21, 2015 A special few head to Davos each year for four days of hobnobbing with world leaders, enjoying Alpine views and putting the world to rights. But attendees at the World Economic Forum see themselves as holding a special place in the world, according to researchers Markus Giesler and Ela Veresiu, who conducted interviews on [...]
How to cope with a mean boss – throw it right back at them January 21, 2015 When it comes to career progression, one of the biggest stumbling blocks can be a bully boss. There's no black and white way of dealing with such a person – on the one hand you can bow down to their every wish while risk being taken advantage of. On the other hand, you can [...]
Halfords glides through Christmas season with high cycling sales January 21, 2015 Sales were up for Halfords over the Christmas period, with total revenue rising 6.5 per cent during the third quarter. During the 15 weeks to 9 January, the UK automotive and leisure product retailer performed particularly well in its car maintenance and cycling divisions, where like-for-like revenue went up by 11 per cent and [...]
