Winter Solstice 2015: What you need to know about the shortest day of the year December 22, 2015 Today is officially the shortest day of the year, meaning we will see less sunlight than on any other day in 2015. By the time the sun goes down this afternoon, we will have experienced a total of seven hours, 49 minutes and 41 seconds of sunlight in the UK. So, what is the winter [...]
ITV share price falls as Comcast pours cold water on NBCUniversal takeover talks December 22, 2015 US cable company Comcast has poured cold water on speculation it's in talks for its entertainment arm NBCUniversal to takeover the UK's biggest broadcaster, ITV. ITV's share price closed nearly three per cent down on Monday, after a news report suggested the two companies had discussed a potential deal. It lost most of those gains, opening as [...]
BBC axes Formula 1 broadcasting and new deal for Channel 4 to air next season with no adverts during live races revealed December 21, 2015 The BBC has axed Formula 1 from its TV line-up to save much needed cash as part of widespread cuts across the corporation, with Channel 4 picking up the broadcast rights instead. The BBC said it would "reluctantly" end its TV contract three years early in order to make the savings. BBC Sport must make £35m of budget [...]
Record number of tourists flock to the UK and spend more than ever thanks to the 2015 Rugby World Cup December 19, 2015 The tourism boom to the UK shows no signs of letting up, with a record number of international visits to the country recorded in October. The Rugby World Cup drove tourism figures sky high, with fresh figures from VisitBritain showing that a new record was set in October, not just for the number of visits [...]
It’s time for radical solutions to address London’s housing crisis December 17, 2015 As MP since 2001 for the most central London constituency, I cannot recall a time when housing issues have not dominated my postbag. No surprise, perhaps, when UK buyers compete for a limited supply of homes with a global citizenry seeking its own slice of prime London. But I have also witnessed how the polarisation [...]
Tech predictions for 2016, including apps for everything, a space trip for everyone and drones blotting out the sun December 17, 2015 What an incredible year it’s been for science and technology. No frontier has been left unexplored. No bar unraised. No envelope unpushed. Not only did we invent a new type of motorised skateboard that spontaneously bursts into flames, but Apple made a really big iPad and now our watches shout at us for being unhealthy. [...]
Alberto Contador interview: El Pistolero sets sights on Chris Froome and aims for Tour de France victory in his final season December 16, 2015 It seems like an incomplete comeback. On paper, Alberto Contador is the best grand tour rider of his generation. The Spaniard has won seven, including two Tours de France. Those numbers jump to nine and three if, as Contador does, you count the titles he was stripped of after failing a drug test. Yet El [...]
RBS’ Williams & Glyn trade sale (or IPO) to kick-start next year December 16, 2015 Santander UK or Virgin Money could be planning to buy the Williams & Glyn business from Royal Bank of Scotland (RBS) after the taxpayer backed bank said it would begin the sale process in the first half of next year. There has been no formal offer made for Williams & Glyn by either UK challenger, which [...]
Shrimps, Farfetch, Lyst, Emilia Wickstead and Roksanda are some of the companies to benefit from growing venture capital interest in the London fashion scene December 15, 2015 London's fashion scene has caught the eye of the venture capitalists. A number of Vogue favourites, from faux-fur designer Shrimps, to catwalk darlings Emilia Wickstead and Roksanda, all received seed or venture level funding in 2015, according to venture capital data provider Beauhurst. Wickstead’s three-year-old business received £1.57m investment in July in return for a [...]
Top regulator Andrew Bailey writes to challenger banks over Basel Committee buy-to-let capital requirement proposals December 15, 2015 A top City regulator has taken new steps to reassure Britain’s challenger banks about capital requirements ahead of a meeting today between bank bosses and Treasury officials. In a letter sent to challenger bank bosses today, Prudential Regulation Authority (PRA) chief executive Andrew Bailey said that smaller lenders should not be overly worried about the [...]