Forecasters predict UK GDP to jump at fastest pace in four years July 8, 2014 The British economy grew at the fastest rate in four years during the past quarter, with the recovery still picking up speed, according to a respected group of forecasters. In the three months to the end of June, the National Institute for Economic and Social Research (Niesr) said it expected that UK GDP would increase to 0.9 [...]
How to improve relations among your colleagues July 8, 2014 Worrying about being seen as a slacker is holding Londoners back. Many of us spend more time in the office than we do with our partners, housemates, or friends. So why are we so reluctant to invest time and energy in fostering genuine relationships with our co-workers? You might think you already [...]
Why you should get over Salesforce Tower’s name – it’s good for the City July 8, 2014 The proposal to change the name of Heron Tower, one of the tallest buildings in the City of London, to “Salesforce Tower”, has been met by more than its fair share of controversy. People have always been resistant to change, but in this case, many of the objections raised seem to be particularly short-sighted. First, [...]
London’s top lidos: Make a splash in an outdoor pool July 8, 2014 Wherever you are in London, there are outdoor pools perfect for cooling down during the coming heatwave. Here are some of our favourite places to take our kit off in public: Brockwell Lido, SE24: Located in Brockwell park, this is as much of a Brixton landmark as Electric Avenue and Atlantic Road. The [...]
Post Office to ring changes with EE mobile network tie-up July 7, 2014 The Post Office plans to become a mobile phone provider this autumn, using EE’s network to offer customers “a genuine alternative” to the major carriers. The government-owned company said it planned initially to sell mobile services in 50 Post Office branches, online and over the phone before rolling out across the country later in the year. [...]
Hasta la vista for Let’s Gowex tech firm brought down by Gotham City July 7, 2014 A Spanish firm accused by analysts of dramatically manipulating its revenues has now filed for insolvency, as its chief executive admitted that its accounts were not accurate. Let’s Gowex, a business with ambitions to set up “smart cities” with universal wireless internet, conceded yesterday that the last four years of its financial accounts “do not [...]
Google receives 50,000 “right to be forgotten” deletion requests July 2, 2014 Search engine giant Google yesterday told City A. M. that it had received 50,000 requests to delete articles since a European court ruling in May ordered it to remove “inadequate, irrelevant or no longer relevant” data if an individual requested it. The European Court of Justice ruling came into force this week Google has started [...]
Blinkx share price in free fall after profit warning July 2, 2014 Video search and advertising group Blinkx yesterday shocked investors by warning that its first-half earnings are set to be $5m (£2.9m) lower than management expectations, causing its shares to lose more than half of their value. The Aim-listed company blamed industry-wide issues around the efficiency and effectiveness of online advertising, as well as a lingering [...]
IMF biased towards its richer members says auditor July 1, 2014 The International Monetary Fund is failing to shrug off its reputation as a club for rich countries, with developing countries finding it hard to trust the lender's advice as unbiased, the body's auditor said in a report today. Looking at its reports into the IMF over the last ten years, the Independent Evaluation Office (IEO) [...]
ONS changes push UK economy to new record size June 30, 2014 The British economy has probably already grown past its 2008 peak size, according to government statisticians yesterday, revealing new methods of measuring GDP. A range of alterations in the way that the Office for National Statistics (ONS) calculates the size of the economy comes into force later this year and will mean that the downturn after [...]