Quindell share price falls after distressed companies investor Hedge fund Beach Point Capital Management beefs ups stake September 14, 2015 A US-based hedge fund has beefed up its stake in insurance group Quindell, which is being investigated by the Serious Fraud Office (SFO). Beach Point Capital Management now has a five per cent stake in Quindell, after buying more than 420,000 shares in the company on 10 September. Beach Point, whose clients include large public and corporate pension [...]
Changing jobs: Cardinal sins to avoid – even leaving with a list of contact details poses a big risk September 13, 2015 September is a time for new beginnings. And as the nights draw in and kids go back to school or university, you may have decided to take the plunge and change jobs. It should be an exciting time, but there can be some legal pitfalls, which can make the move more stressful than it needs [...]
Pay to return to pre-crisis levels in 2017, think tank predicts, but warns of inflation rise risk September 13, 2015 Pay will return to pre-crisis levels by 2017 if economic trends continue, a think tank predicts, however rising inflation could push that off-course. The latest research by the Resolution Foundation predicts that average weekly earnings grew by between 2.7 per cent and 2.8 per cent in the three months to July, in line with the [...]
One chart showing that people cared more about Microsoft than iPhone 6S or iPad Pro at the Apple launch September 11, 2015 Tim Cook said “everything had changed” again when unveiling Apple’s new products earlier this week – but how were they received by the public? Looking at hundreds of thousands of social media mentions give us a pretty good clue of how people felt about the new iPhone, iPad Pro and Apple Watch. Some 179,000 tweets [...]
Robert De Niro transforms into Bernie Madoff in new HBO show Wizard of Lies – first picture revealed September 11, 2015 The first picture of Robert De Niro and Michelle Pfeiffer as Bernie and Ruth Madoff has surfaced online. The two Hollywood heavyweights are starring in the HBO film Wizard of Lies, a dramatisation of how convicted fraudster Bernie Madoff was responsible for building one of the most infamous Ponzi schemes in history. Madoff, who conned investors [...]
Microsoft Office 2016 release date confirmed for 22 September, with key updates in Outlook and cloud computing September 10, 2015 Microsoft has just confirmed Office 2016 for Windows, announcing that the software will be available from 22 September. The release isn’t entirely unexpected, as rumours have been floating around, but today Microsoft officially announced the rollout of the first new version since Office 2013 was launched nearly three years ago. These are the key features [...]
MartinCo bucks General Election uncertainty with 50 per cent surge in half-year profits September 10, 2015 SHARES in MartinCo rallied yesterday after the residential lettings and estate agency posted a 48 per cent jump in half-year sales, boosted by its acquisition of Xperience. The Aim-listed firm, which manages 44,000 properties across 284 offices, has been focused on growing its estate agency business after previously being focussed on lettings. In 2013, MartinCo [...]
EU data boost FTSE amid hope for China upturn – London Report September 9, 2015 The UK’S top share index rallied yesterday, extending its gains from the previous session with a boost from better-than-expected Eurozone second quarter GDP data and hope for further market stimulus on Chinese markets. The FTSE 100 was up 1.2 per cent at 6,146.10 points at the close, lagging blue-chip German stocks. The European Union’s statistics [...]
Windows 10 now running on 75m devices in 192 countries, Microsoft figures reveal August 26, 2015 More than 75m devices around the world are now running Windows 10 since Microsoft released the new operating system less than a month ago. That means 31 devices – including phones, laptops and Xbox games consoles – were upgraded every single second over the last 28 days. It's the second time Microsoft has released figures [...]
FriendlyScore: This FinTech startup can analyse social media activity to prove creditworthiness August 26, 2015 When you're sharing a selfie at dinner or updating LinkedIn with your latest promotion, you're giving away more than you might think. A London-based startup has taken the huge amount of data we share every day on social media to come up with a way of assessing whether we can be trusted with a loan or [...]