Fresh start for Argentina: Investors say Argentina is the bright spot in Latin America as President Mauricio Macri ends 15-year long dispute with hedge funds and gets serious about economic reform March 8, 2016 The land of beef, red wine, ranches and hinterland. Argentina is on the cusp of great change. The combination of a newly elected pro-change President, Mauricio Macri, and the resolution of a nearly 15-year long dispute with international lenders both mean Argentina is going to draw a line under its checkered past. Experts are now tipping [...]
London’s housing market is failing the capital’s workers: We can’t make this crisis someone else’s problem March 1, 2016 With house prices a staggering 13 times the average London wage, and rents taking up on average 60 per cent of London tenants' incomes, the prospect of finding an affordable place to live is slipping further out of reach for many of the capital’s four million-strong workforce. As the housing crisis deepens, workers from across the [...]
Twitter files its annual report after a rough year: monthly active users stagnate as head count remains stubbonly high February 29, 2016 Twitter has missed its own targets for a reduction in its head count as it struggles with stagnant user growth and stalling revenue. Despite promising to rein in costs, staff numbers at Twitter rose by approximately 260 full-time employees over the year to hit a whopping 3,898 at the end of December 2015. At the tail end [...]
Millennial woes may seem over the top but Generation Y could have a point with their moaning February 23, 2016 Last week, this paper ran a story based on research which found Generation Y (born between the early 80s and the late 2000s) is more like Generation Whiny in the workplace. The research, by Workfront, found bosses perceived so-called millennials as more prone to a moan than Generation X, and bigger babies than the Baby [...]
Britain should vote to leave the EU to take back control of our laws February 22, 2016 At a recent panel discussion at Lincoln’s Inn on whether Britain should stay in or leave the EU, Kate Hoey MP told the audience, “lawyers always have so many different opinions”. She is right: lawyers are also debating EU membership. We have formed a group, Lawyers for Britain, led by Martin Howe QC, for lawyers [...]
EU referendum: Prime Minister David Cameron continues to meet officials in Brussels ahead of EU summit on Thursday February 16, 2016 Prime Minister David Cameron is attempting to woo officials on his EU reforms at the eleventh hour, ahead of tomorrow's crucial EU summit. Cameron is today set to meet a number of senior MEPs, as well as European Commission President Jean-Claude Juncker, to discuss the negotiations. The Prime Minister and Juncker are likely to discuss the indexation [...]
Have you seen the houses? Wentworth Golf Club’s chief exec says that locals shouldn’t fear the club’s new £100,000 joining fee February 11, 2016 For a man threatened with legal action by some of the City’s wealthiest banking and finance execs Stephen Gibson, the chief executive of Wentworth Golf Club, appeared calm and composed in the clubhouse’s boardroom overlooking one of the three courses. Since the club was sold to its new Chinese owner Reignwood Group a year and [...]
Three’s customers get a nasty shock as the mobile phone company has doubled their monthly tariffs January 29, 2016 Mobile phone operator Three has doubled the cost of some of its monthly tariffs, to the anger of its customers. It has sent letters to some of its oldest customers who are on so-called legacy tariffs, including the £15 All You Can Eat plan, telling them they are being moved to an existing deal costing [...]
Government loses court case after the so-called bedroom tax is labelled discriminatory by Court of Appeal judges January 27, 2016 The government has lost a Court of Appeal case after judges declared the so-called bedroom tax discriminatory, following a legal challenge by a domestic violence victim and the family of a disabled teenager. The Court of Appeal decision came after a hearing in November. The government have said they will appeal against the ruling, according to the BBC. The [...]
Rise of the robots: Advanced robotics spark an investment boom as experts predict a robot-led industrial revolution is coming January 18, 2016 The world is on the cusp of a revolution in robotics and there has been a surge of investment in artificial intelligence recently, with a spread of innovations fast developing which will change the global economy. Last year, the sector experienced a boom in mergers and acquisitions as $2bn worth of deals were completed, according to [...]