Galley on Upper Street in Islington is nice: but we should aim higher February 23, 2016 We can afford to be discerning about things, us Londoners, what with all the lovely London stuff we have, Londoning the place up. “Isn’t everything here great compared to the things in places that aren’t London?” we say to each other, smiling and knowing it to be true. Take restaurants: we have heaps of them, [...]
Hugo Boss share price plummets following ugly results as the US and China look set to drag on future profits February 23, 2016 Hugo Boss shares have tumbled by almost 20 per cent, their biggest fall since October 2008, after it warned that sales in China and the US so far this year have been weaker than it expected. The German-based fashion label said in a statement earnings before interest, taxes, depreciation and amortisation and excluding special items will decline by a “low double-digit” percentage [...]
Top tips for choosing a mortgage broker and how to get the best out of them February 23, 2016 Graham Lock, CEO of House Network Research rates and reputable brokers In the digital age, you can gain access to a variety of comparison websites such as moneysupermarket.com or comparethemarket.com, without the need for extensive credit checks, which would damage your hard-earned credit rating. If you come across specialist terminology, check out some of the [...]
Deliveroo co-founder Will Shu talks buffalo wings, concerned ex-colleagues and hedging bankers February 22, 2016 By the time Will Shu, co-founder of Deliveroo, launched his company, he knew acutely what problem he was trying to solve. The former investment banker grew up in Connecticut, went to college in Chicago and then went straight to work for Morgan Stanley in New York. “This was 2001, and things were very different then. The [...]
Pension changes: Government plans to let pensioners sell their annuities on a new secondary market have been universally criticised February 18, 2016 Pensioners will be able to sell on their annuities from next year, swapping regular income payments for a lump sum. It’s part of government plans to give greater freedom to the 5m pensioners who are already living with annuities. Some may be regretting their choice, and the idea of a fat lump sum instead of [...]
You are what you eat: How our eating habits have changed since the 1970s (and what to expect by 2050) February 18, 2016 If we are what we eat, the UK has changed from being a nation of canned mik puddings and canned peas to one of frozen pizzas and pasta. A major new study of 150,000 households in the UK has found just how much our eating habits have changed since the 1970s – and it's fair [...]
Why P2P lending is getting ever more robust – and why Adair Turner is wrong about the industry February 11, 2016 Former Financial Services Authority chairman Adair Turner took a potshot at the P2P lending industry yesterday, stating that “the losses which will emerge from peer-to-peer lending over the next five to 10 years will make the bankers look like lending geniuses”. More specifically, he expressed his concern at the credit checking P2P and debt-base crowdfunding platforms [...]
Need some Valentine’s Day ideas? We’ve got you covered with our expert guide to the perfect date February 10, 2016 It’s almost Valentine’s Day, the yearly celebration of big kisses on the mouth, so you know what that means: candle-lit dinners, small boxes of chocolate cubes, asking your beloved to turn all the lights on and off in quick succession to create a strobe effect as you dance every kind of forbidden sex-dance there is. But [...]
Shrove Tuesday 2016: Fire insurance claim costs almost double on Pancake Day, and new world record for tallest pancake tower set February 9, 2016 For some people, trying to nail the perfect pancake flip is more than just a cause of frustration – it's a costly fire hazard. According to statistics from home insurance provider Policy Expert, in 2015, claims for fire damage rocketed up to £11,546 on Shrove Tuesday, compared to just £6,543 on an average day for the rest of [...]
Stanford University scientists beat business travel jet lag on long-haul flights with flashing lights February 9, 2016 Days of painful jet lag after flying off for a business trip could soon be over. Scientists in America have discovered how to stop your body clock scrambling after a long-haul flight – without pills or tightly scheduled sleep. The Stanford University researchers exposed people to short flashes of light while dozing before a long trip. The light [...]