New Homes: What’s on sale in London this weekend in Hendon, Greenwich, Bow, Acton and the Docklands March 23, 2018 New developments on the market this week North West Four, Hendon From £675,000 Get more for your money in Zone Three with only a 30 minute commute to Bank. This gated development of 18 two and three bedroom apartments near Hendon Central station are also a 45 minute drive from four international airports. Spread across [...]
Last week in the City March 23, 2018 This week, China warned the US that it is not afraid of engaging in a trade war, the Federal Reserve hiked interest rates again, and Facebook shares plummeted after allegations that millions of users' profile data had been harvested. The FTSE 100 was down 3.5% over the course of the week by mid-session on Friday. [...]
#DeleteFacebook: How can the social media giant bounce back? March 23, 2018 THE HASHTAG WAS popularised by Twitter. Now it is being used to criticise the company that owns Twitter, on Twitter. #DeleteFacebook is only the latest proof that the social media giant is in trouble. Fake news, falling stock, glaring data breaches. A 9% drop off Facebook’s shares. Mark Zuckerberg’s world-beating platform is in the [...]
An underappreciated side effect of Brexit talks March 23, 2018 As the Brexit referendum nears its two-year anniversary, Brexit continues dominating economic and political media coverage. We have observed no shortage of angles, including: What is the latest snag in negotiations? Will Brussels and London make their deadlines? Can Prime Minister Theresa May keep her cabinet in order? We believe this nonstop Brexit coverage obscures [...]
Facebook’s reign of unpunished rule-breaking is coming to an end March 23, 2018 Sorry seems to be the hardest word, they say. And for tech-superstar-turned-virtual-antichrist Mark Zuckerberg, it certainly seems difficult. The scandal over the unorthodox use of Facebook user data by political consultancy firm Cambridge Analytica isn’t going away. It’s been nearly a week since the Guardian profiled whistleblower Christopher Wylie, who explains how the company scraped [...]
The changing face of world shares March 22, 2018 The US market represents more than one half of the total quoted wealth in world shares. It is, however, a very different pattern of wealth holdings from previous decades, reflecting the huge changes underway in business models and customer preference. Looking at just how much the index has changed is a good way of mirroring [...]
This new bench in Westminster has the ability to fight as much pollution as 275 trees can March 22, 2018 Westminster is trying to bench pollution with a high-tech vertical garden right off Piccadilly Circus. The over 13-feet tall moss seating structure is called a CityTree and can hold up to 1,682 pots of moss — these have the ability to absorb as much pollution as 275 trees can. They are additionally outfitted with solar [...]
The real Cambridge Analytica scandal is how much data we freely give away March 22, 2018 It will come as a surprise to many users of social media, not just Facebook but more broadly, just how much personal data we throw into the internet ether. Every click entered, every advertisement followed, every connection made, is monitored and tells someone something about us. There are two central allegations against Facebook and Cambridge [...]
Trade deficits and tariff wars: Rows to get worse before they get better March 20, 2018 In 2016 the US ran a deficit of $505bn on trade in goods and services, according to the World Bank. Germany ran a mighty surplus of $277bn on her trade, whilst China sold $250bn more goods and services than it bought from the rest of the world. Some economists see this as good news for [...]
Britain may be left out in the cold over Russia row March 20, 2018 As Britain froze again over the weekend thanks to the mini Beast from the East, another chill wind blew across Europe from Russia. Russian President Vladimir Putin was re-elected with more than 76 per cent of the vote and immediately ratcheted up the war of words between his country and Britain. Mr Putin’s victory in [...]