Saudi sell-off puts a lot at stake December 12, 2017 Oil is getting more expensive. The price of crude recently jumped after OPEC agreed to extend the production initially agreed in November 2016. Having fallen to $29.64 dpb (dollars per barrel) in January 2016, it now looks settled at round about $50-60. It’s vital for the global economy that the price of oil settle. Since [...]
The UK ranks top of all major developed economies for establishing new businesses December 11, 2017 The UK outranked all other major developed economies in terms of the number of businesses established last year, according to figures from accounting group UHY Hacker Young. It became home to 218,000 more businesses in 2016, a rise of six per cent over year-on-year. Meanwhile, other major developed economies including France, Germany, Italy, Japan and [...]
Marc Vlessing, CEO of Pocket Living on his mission to provide affordable compact homes for young Londoners December 8, 2017 Marc Vlessing’s eyes were first opened to millennials’ struggle to get on to the housing ladder when he was working in theatre. As CEO of Crescent Entertainment, which went on to become the largest group of theatres and cinemas in the UK, he was surrounded by passionate, hard-working people in their 20s and 30s, “but [...]
Don’t let the rise of the gig economy stop millennials from saving for their pensions December 8, 2017 Millennials are saving more than Generation X, but has the gig economy thrown a spanner in the works? Apparently younger people are saving more than previous cohorts – a fact that might seem surprising, given the media doom and gloom about this generation. But in spite of earning the least, 18-34 year olds put away [...]
How the UK’s regulatory framework protects P2P investors December 7, 2017 The peer-to-peer (P2P) lending market was established in 2005, when Zopa became the first platform to connect individual lenders directly with borrowers. Since then, the market has evolved rapidly, as have the regulations underpinning investor protection – and this looks set to continue. In the UK, the sector has been overseen by the [...]
Are millennials on target to retire at age 58? December 6, 2017 Millennials (18-35 year olds) are investing 11.2 per cent of their salary for retirement and are relying less on state contributions than older generations (over 35 years olds), a major study has found. The report, which covers 30 countries, also found millennials were hoping to retire with an average age of 58.2 years old. Schroders [...]
Davis accused of misleading parliament over Brexit impact studies December 6, 2017 David Davis has been accused of “misleading parliament” over Brexit impact studies, with MPs looking to establish whether he has held parliament in contempt over the matter. The Brexit secretary this morning told MPs no impact assessments had been carried out for sectors, or the impact of leaving the customs union, saying the value of [...]
Making voices heard: What Elena Baturina would do if she were London mayor for a day December 5, 2017 Elena Baturina has played an active role in charitable causes for many years, through her Be Open Foundation, supporting international projects in the field of arts, culture, design, education and sport. The Be Open Foundation currently supports the Mayor’s Fund for London’s City Pitch programme and London Children’s Festival, themed ‘Mayor for the Day’. How [...]
England coach Trevor Bayliss calls for stump microphones to be turned down amid Ashes sledging December 3, 2017 England head coach Trevor Bayliss has called for stump microphones to be turned down so television viewers are not privy to the on-field sledging which has become a pertinent feature of the Ashes. On a truncated second day in Adelaide, which was shortened due to rain, Australia advanced their first-innings score to 442-8 before declaring [...]
Films out this week: Wonder review, Happy End review, and The Man Who Invented Christmas review November 30, 2017 Wonder (PG), Director: Stephen Chbosky ★★★☆☆ Jacob Tremblay stole our hearts in Room, and here dons a job-lot of prosthetics to do exactly the same as a Auggie, a young man with facial deformities squaring up to life in a new school. What sounds like a slush-fest of the highest order, particularly when you factor [...]