It will be far from easy, but the only thing England can do is stand up and fight India November 2, 2016 Even if England had wiped the floor with Bangladesh during their two-Test series and hinted at mastering subcontinent conditions, the upcoming tussles with India were always going to be much harder propositions. Going into the Bangladesh series I felt England were more than capable of winning 2-0, but I don’t necessarily think 1-1 was a [...]
As the typical UK house price rises to six times annual earnings, should young people forget about ever buying? November 2, 2016 Ben Southwood, head of research at the Adam Smith Institute, says Yes. Unless something changes, few of today’s youth will ever own their own homes – there is simply not enough housing to go round. Home ownership has been falling, generation by generation. When they were 45, around 80 per cent of the cohort born in [...]
Alibaba has a “great” quarter as more mobile users and cloud computing customers see revenues shoot up November 2, 2016 China-based e-commerce company Alibaba announced strong results for the third quarter today as positive growth of its mobile users and cloud computing ventures saw revenue up 55 per cent since last year. Shares rose more than three per cent before the stock markets opened in New York on Wednesday. The company is gearing up for more record-breaking [...]
Aberdeen council launches multi-million pound bond to transform the city November 2, 2016 Aberdeen became the first local council in Scotland to successfully price an investment bond, today, as part of key a strategic push to transform the city. Proceeds from the £371m index-linked bond are equivalent to over a third of the city's annual budget and nearly three times its annual expenditure on capital projects. Bond issuances from local authorities [...]
British Airways is giving armed forces a 10 per cent discount from today November 2, 2016 With Remembrance Day coming up, what better time for British Airways to announce it has become the first airline to sign up to the UK Armed Forces Covenant? From today, it will be offering a 10 per cent discount to the armed forces, across all fares spanning its global network of 183 destinations, in all cabins [...]
Anthony Joshua v Wladimir Klitschko super fight for world title given the green light by WBA November 2, 2016 A boxing super fight between heavyweights Anthony Joshua and Wladimir Klitschko has been given the green light for next spring by the World Boxing Association (WBA). Providing Joshua successfully defends his IBF title against American Eric Molina in Manchester next month, the WBA has sanctioned a meeting between the British world champion and the Ukrainian Klitschko [...]
UK house prices were flat in October November 2, 2016 House prices were flat in October, as the housing market struggled to regain the momentum it lost following the EU referendum. According to data from Nationwide, there was no house price growth month-on-month in October. House prices increased 4.6 per cent year-on-year, down from an annual growth of 5.3 per cent in September. Read more: [...]
Rich grandparents are your ticket to a comfortable retirement: why liberalising inheritance tax rules could significantly reduce the UK’s pension saving shortfall November 2, 2016 It is no great secret that today’s young people are at serious risk of being poor in their retirement. While asset-rich baby boomers hoard their wealth, eight years after the financial crisis, working age people are stuck with low wage inflation, and depressed returns on any savings they can scrape together after paying their rent [...]
Super Mario Draghi marks five years at the top of the European Central Bank November 1, 2016 FELICE anniversario! Today marks five years since “Super Mario” Draghi took the reins at the European Central Bank, tasked with bringing monetary stability to the Eurozone while helping the bloc recover from a severe economic slump – hardly child’s play. It has been an eventful half-decade. Highlights include the now-famous speech in the summer of [...]
American election has been “downright embarrassing”, US secretary of state John Kerry tells Londoners October 31, 2016 US secretary of state John Kerry told London’s City Hall today that this year’s American election has been “downright embarrassing” at times. Kerry appeared alongside London mayor Sadiq Khan at an event to address young people from across the capital. Read more: Trump's just one point behind Clinton in the newest election poll Speaking just [...]