Londoners: Stop whinging about astronomical rents. It’s so much worse in these other cities April 22, 2016 Renters in London probably think they have good reason to feel hard done by. House prices seem to be going one-way, while wages just aren't keeping up. Map: How much you need to earn to live in every London postcode But a new report, out today, from the Global Cities Business Alliance, shows that Londoners [...]
Prepare to salivate: John Lewis predicts the 10 things we’re going to go nuts for in autumn/winter 2016 April 22, 2016 Yes, the summer has only just arrived (or has it? Is this really it?) but retailers are already one step ahead of us, forecasting what we'll be buying this autumn/winter. Well it is only 246 days until Christmas. So while you might be daydreaming about which holiday clothes you're going to splurge on, the buyers [...]
Fitzrovia cafe Caffix, which once sold everything for £1 has shut down to review its business model April 20, 2016 A pound shop cafe in swish Fitzrovia has shut down after almost 12 months as it has to review its business model. Caffix, which opened on Newman Street in west London last June, said it set itself a mission "to enable the people of London to eat fresh and pay less," charging punters in the area [...]
Trouble percolates for Caffe Nero over living wage after coffee chain bans free lunches for staff April 20, 2016 In recent weeks, several businesses have announced they will fund the living wage by cutting back perks for staff – something which is causing the public to turn against the brands in question. One of the best examples where this has happened is Caffe Nero. The high street coffee chain reacted to the introduction of [...]
World of trading revolves around rumours, says barrister representing Iraj Parvizi in insider trading case April 19, 2016 The barrister representing a businessman on trial for insider trading told a court today that the world of trading was dependent on the rumour mill. Former Aria Capital director Iraj Parvizi has been charged with conspiracy to insider deal on various occasions between 2006 and 2010, alongside accountant Andrew Hind, former Panmure Gordon stockbroker Andrew Grant Harrison, private day trader Benjamin [...]
London Marathon 2016: What time it starts, where to watch, what the weather forecast is and the best pubs along the route April 18, 2016 Carb-loading, hamstring-stretching and thanking your lucky stars that you can actually have a lie in from next weekend onwards? Welcome to the London Marathon…. This weekend the capital will be over-taken by more than 35,000 runners (and more than a few walkers) looking to finish the 26.2m course. If you haven’t been sleeping, eating and [...]
Dolmio and Uncle Ben’s parent company Mars Food to warn products should only be eaten “occasionally” April 15, 2016 Wolfing down huge plates of spaghetti with Dolmio sauce on a nightly basis might seem like the sort of thing the chief medical adviser would warn against – but now the company behind the brand is warning that its own product should only be eaten "occasionally". Mars Food has said items that are higher in fat, sugar [...]
Tate Britain’s Conceptual Art in Britain 1964-1979 is worthwhile if you’re prepared to work for it April 14, 2016 Tate Britain | ★★★☆☆ When you enter this exhibition, you’ll see a pyramid of oranges stacked up in front of you, giving the gallery a pleasant citrusy aroma. Go over and pick one up – this is allowed – and hold it in your hand for the rest of the time you’re there. You’ll want to [...]
We’re a city of time wasters; 70 per cent of London millennials haven’t done anything exciting with their lives, according to the British Army Reserve April 14, 2016 Millennials are just a bunch of time-wasters, according to new research. Over 65 per cent of 18-35 year olds in London say they waste at least some their spare time, while more than one in ten millennials admit to spending almost a full day each week on social media and gaming. Each typical working day, the [...]
P2P lending: These are the nine key trends in alternative finance April 13, 2016 How will P2P lending fare in a downturn? Can the industry improve securitisation practices? Why did growth slow last year? Is China really the most exciting market? What will consolidation mean for the industry? These are just some of the questions thrown about at LendIt USA. With over 4,000 attendees, including the world’s leading platforms [...]