OAP (Old And Partying): UK pensioners have higher average incomes than their working age children, and spend more on having fun February 15, 2017 For the silver generation, this truly is a golden age. Two reports released in the last week indicate that pensioners have never had it better. The first, Tilney’s “The Cost of Tomorrow”, debunks the myth that supposedly frivolous twenty-somethings spend more on having fun than retirees, either in absolute terms or as a percentage of their [...]
Russia’s Aeroflot trumps American heavyweights as the world’s most powerful airline brand February 14, 2017 Forget Emirates, American Airlines and British Airways. When it comes to the world's most powerful airline brand, another name has taken the crown. According to Brand Finance, which recently announced its annual Global 500 list featuring Lego, Google and co., Russian carrier Aeroflot is the world's most powerful airline brand. It carries an AAA brand rating [...]
Older people must shoulder their share of government spending cuts February 14, 2017 Given general improvements in technology and prosperity, younger generations should, in theory, always be better off than their parents. But with pensioner households now earning more than their working age equivalents, according to a new report from the Resolution Foundation, this can no longer be taken for granted. It is of course good news that older [...]
For the first time, pensioners are better off than working households February 13, 2017 We all knew older generations are increasingly better off than their younger counterparts – but now a new study has found recent retirees are actually living on more than working households. Incomes across older generations have risen so fast, the average pensioner household now makes £20 a week more than the average working-age household. In [...]
Making housing more affordable is crucial if we’re to improve social mobility in London February 13, 2017 The City of London Corporation announced last week that it will sponsor the Social Mobility Employers’ Index, a new initiative from the Social Mobility Foundation and Social Mobility Commission which ranks Britain’s top businesses on how open they are to accessing talent from all backgrounds. We are backing the Index with £70,000 of funding as [...]
This is why a Silicon Valley entrepreneur believes London could produce the next Facebook February 12, 2017 By the time Clara Shih turned 30, she was a Starbucks board member, had raised $21m (£16.7m) for her social media startup and had become a bestselling author. A Stanford and Oxford graduate, the Silicon Valley entrepreneur founded software company Hearsay Social [now Hearsay Systems] in 2009 to make financial giants look slick on social media [...]
All Star Lanes scores £3.5m strike after successful turnaround February 12, 2017 All Star Lanes has secured a £3.5m refinancing after a successful 2016 saw its underlying profits jump 39.5 per cent to £1.4m. The American-inspired ten-pin bowling chain has one branch in Manchester and four in London, including its recently reopened Brick Lane flagship location. Although the company was founded in 2006, it was only after [...]
Dai Young satisfied as Wasps move five points clear at Premiership summit following thrilling 35-35 draw at Exeter February 12, 2017 Wasps boss Dai Young declared himself satisfied after his table-topping side scored late to level a pulsating 10-try 35-35 clash with top-four rivals Exeter at Sandy Park. Exeter rallied after lock Johnny Hill was sent off in the early stages of the second period, while the game’s topsy-turvy nature continued until replacement Joe Simpson restored [...]
Instagram-obsessed millennials are wasting food February 10, 2017 Millennials are prioritising making food visually appealing and are wasting ingredients as a result, according to a Sainsbury’s report. Kids these days, eh? The study found older generations are more likely to plan meals in advance and make full use of the food available, while millennials are creating more interesting meals. Sainsbury’s surveyed 5,050 consumers on [...]
Eddie Jones backs rookie flanker Jack Clifford to thrive under Six Nations pressure February 9, 2017 Rookie flanker Jack Clifford has been tipped to thrive under the pressure of a crunch Six Nations showdown after head coach Eddie Jones named him in his side’s starting XV for Saturday’s clash with Wales. Clifford has only started one previous match for England, coincidentally against Wales last year, while the 23-year-old has not featured internationally [...]