Serco share price plummets after profit warning November 10, 2014 Outsourcing firm Serco sent share prices tumbling by almost 33 per cent yesterday, after issuing a profit warning and revealing that it was seeking to raise up to £550m with a rights issue in the first quarter of 2015. The company announced that its forecast profit for 2014 had been reduced by approximately £20m, [...]
Mastercard “Fare Free Friday”: Free travel on London transport on 14 and 28 November using TFL’s contactless payment November 10, 2014 Londoners are being treated to travel around the city for free if they use a MasterCard on the transport network’s new contactless payment system this Friday. MasterCard holders will be able travel by tube, train, tram, bus and DLR for free by swiping their card on the new contactless system which has now been used [...]
Mastercard “Fare Free Friday”: Free travel for Londoners on 14 and 28 November using TFL’s contactless payment November 10, 2014 Londoners are being treated to travel around the city for free if they use a MasterCard on the transport network’s new contactless payment system this Friday. MasterCard holders will be able travel by tube, train, tram, bus and DLR for free by swiping their card on the new contactless system which has now been used [...]
10.8m jobs set to be replaced by robots in the next 20 years but here’s where humans may have the edge November 10, 2014 A third of Britain's jobs are under threat from technology and could be replaced within the next two decades, according to research by Deloitte and Oxford University. The initial diagnosis appears terrifying, with 10.8m jobs set be replaced by automation and robots, with low-paid jobs being five times more likely to replaced than high paying [...]
London companies gear up to take advantage of technology November 9, 2014 LONDON firms are planning to take on more workers over the next five years in order to exploit advances in technology. Three quarters of London businesses plan to increase their headcount over the next five years, with half saying they will add at least 10 per cent to current staff numbers, according to research commissioned [...]
Film review: Interstellar November 7, 2014 ★★☆☆☆ After the supermassive success of last year’s Gravity, it was only a matter of time before we got another mega-budget flick about Hollywood stars being sent to the stars. Christopher Nolan, who has an exemplary track record in smart sci-fi epics (Inception, The Dark Knight), is one of the few filmmakers who might have [...]
Londoners are the most accident prone in the UK: Almost a quarter have been hospitalised because of accidents November 7, 2014 Londoners are more likely than anyone else in the UK to have accidents while going about their daily lives, according to a new study. Comparison site Confused.com asked people from across the UK about the hazards they face and the accidents that happen as a result, and found the average Londoner puts themselves in [...]
Best cities to live in? London falls behind New York, Hong Kong and Tokyo November 6, 2014 When it comes to urban living, London offers a worse quality life than many of the world's other major cities. According to the Global Liveable Cities Index, which looks at standard of living for the average worker across 64 cities, London falls into 22nd place, behind New York, Hong Kong and Tokyo among others. [...]
London can solve its housing crisis – if the public sector stops sitting on land November 5, 2014 THERE is a wonderful description of London from 1622, written by the pamphleteer Donald Lupton. He evokes the “Great Beehive”, “swarming” with people, the capital “a glutton that desires always to be full”. Now the largest city in Europe, Lupton’s characterisation of 400 years ago will be one that many Londoners recognise today. Of course, [...]
How many hours do you waste on the Tube? Millions every month… November 3, 2014 Has it ever felt like you are wasting your life away on public transport? Turns out that feeling might not be too far from the mark. Official figures show that Londoners lost a total of 7.1m hours on the Tube in the second quarter of this year – that's 47 per cent up on [...]