Nine ways Donald Trump has already fallen out with American voters February 10, 2017 As the latest batch of polling results are released, Donald Trump finds himself increasingly at odds with both Republican and Democrat voters, it turns out. It's well known Trump’s approval ratings are the worst of any new President – but new figures suggest they have continued to slide since he took office on 20 January. According [...]
Twitter shares sink at the open after yesterday’s $1bn selloff February 10, 2017 Twitter's share price sank further on the opening bell in New York today, after its results sent prices into a nosedive yesterday. Shares fell 3.6 per cent to 15.80 at the open, after they plummeted more than 12 per cent yesterday, wiping $1bn after the company's value. Its fourth quarter earnings, posted yesterday, showed revenues had edged [...]
Focus On Victoria: A £4bn investment in housing, retail and infrastructure is making it a destination in its own right February 10, 2017 If the Queen’s getting a £369m refurbishment of Buckingham Palace, it seems only fair that the neighbourhood surrounding it should get a polish, too. £4bn should just about cover it, and that’s how much has been invested in the area by developer Land Securities over the last five years. Around £700bn of that has gone [...]
The UK government’s crackdown on encryption threatens to undermine London’s fintech boom February 10, 2017 Talk of calamity befalling corporate Britain as we negotiate our EU exit is typically overblown. Nevertheless there is a potentially serious conflict in the making between the UK government’s stated desire to maintain access to certain online data for reasons of national security and the continental European determination to institute a modern system of information [...]
Apple boss Tim Cook has spent the day meeting the PM and Mayor of London February 9, 2017 Apple boss Tim Cook, arguably the most important man in tech, has spent the day meeting with British politicians. He started a whistle stop tour of the UK by heading to Glasgow, where he picked up an honorary degree from its university yesterday. And this morning he headed to 10 Downing Street for a chat with [...]
This is what Londoners want within walking distance of their homes February 9, 2017 When it comes to buying a home, Londoners are the most demanding customers in the country. In the UK as a whole a staggering 25 per cent of people say they "wouldn't need anything in particular" near their homes, according to a survey by YouGov. Read more: This is how far house prices have plunged in [...]
Tullow Oil shares tumble after it reports a third year of losses February 8, 2017 Tullow shares plunged after it announced its third straight annual loss caused by big exploration write-offs in its Africa arm. The figures The oil giant's shares fell more than five per cent in morning trading after taking gross exploration write-offs of $723m (£579m). Revenue fell 21 per cent to $1.3bn from $1.6bn in 2015 due to weak oil prices. Tullow posted [...]
Why England players will have shuddered at Eddie Jones’s assessment of the France win February 6, 2017 As bruised England players pored over the Sunday papers while tackling a breakfast of serving bowls of cereal and kilos of back bacon, they would have been unnerved digesting Eddie Jones’s post-match remarks. The head coach blamed himself for the dull performance in England’s narrow 19-16 win over France on Saturday, saying that he didn't [...]
Boss of troubled newspaper group Johnston Press set for meeting with activist investor February 5, 2017 The under-pressure chief executive of newspaper group Johnston Press is preparing for talks with activist investor Crystal Amber, which recently became the company’s biggest shareholder. Ashley Highfield expects to meet the investor shortly, with chief financial officer David King, after a trading update at the end of last week. Read more: Why Brexit, Trump and [...]
Donald Trump continues to make waves in markets round the world as FTSE 100 gains over the week February 3, 2017 The FTSE 100 ended the week in much the same position as it started, closing on Friday at 7,198.28 points, an intraday gain of 0.81 per cent after starting the week at 7184.49 points. Newly minted US President Donald Trump managed to talk down the dollar over the course of his second working week (with [...]