Greek crisis: Tsipras says Greece is “waiting for realism” as European stocks get the jitters after failed eleventh-hour talks June 15, 2015 Greek Prime Minister Alexis Tsipras said today that the country will "patiently wait for [its lenders to] adhere to realism". Read more: Germany warns of Grexit with EU patience "running out" In an irate statement issued following last night's crunch talks, which collapsed after just 45 minutes, Tsipras said "one can only suspect political motives behind [...]
Mansion tax mania: Average property price in Kensington and Chelsea rises by £486,000 in one month June 15, 2015 The average asking price for a home in Kensington and Chelsea rose 28.4 per cent (almost £500,000) between May and June, according to data from Rightmove. The figure hints at a glut of high-end properties entering the market after the election, now sellers can forget their fears over the mansion tax. Read more: As rents [...]
Majestic Wine profits fall after group makes big investments for the future with Naked Wines aquisition June 15, 2015 Majestic Wine’s profits fell 12.2 per cent during 2015, after the company spent big in acquiring rival Naked Wines. Chief executive Rowan Gormley admitted the company will suffer a short-term hit to its profit as it looked to invest in the short term. The figures Adjusted profit before tax fell to £20.9m in the 52 weeks [...]
Rupert Murdoch steps down: Here’s every company he owns June 12, 2015 The rumours started yesterday: Rupert Murdoch is to step down as chief executive of 21st Century Fox, leaving the running of its sprawling empire in other hands. Reports by CNBC suggested he’s expected to hand over control to one of his sons, James, within the next year. The 84-year-old is likely to remain executive chairman [...]
As new pension rules take hold, these seven cities are worth a look if you’re planning on investing in global property June 12, 2015 UK pensioners and investors could cash in by buying property in cities such as Miami and Berlin, according to research from IP Global. The company identified seven cities a being ripe for investment, including far-flung locations such as Miami and Melbourne. The government’s pension reforms have freed up savings, and many pensioners have already used [...]
London house prices: As rents keep rising, here’s how the Monopoly board looks in 2015 June 11, 2015 Click to see table in a new window There has been a shake-up in the London property price hierarchy, and the most profitable places to be a landlord have moved dramatically. That well-established measure of London property values – the humble Monopoly board – has been shaken and stirred by fluctuations in the market, and [...]
Londoners pay more than people in any other city to use Uber June 11, 2015 Customers in the UK pay more for Uber journey’s than clients in other countries. According to research by The Times, UK users of the taxi hailing app pay £6.56 on average for a three-mile, 10-minute journey, compared to £5.18 for US users and £5.94 in the Eurozone. Read more: After banning Uber in Guangzhou, the Chinese government [...]
“Let me tell you about my trouble with girls” – British Nobel laureate Sir Tim Hunt says men and women shouldn’t work together June 10, 2015 “Let me tell you about my trouble with girls,” British Nobel laureate Sir Tim Hunt said. "Three things happen when they are in the lab: you fall in love with them, they fall in love with you, and when you criticise them they cry." The 72 year-old won the Nobel Prize in Physiology or Medicine [...]
Here’s how Boris wants to stop cyclists dying on the roads June 9, 2015 Boris Johnson has pledged to cut London’s serious road casualties by 50 per cent by 2020. Despite the latest figures showing numbers of people killed or seriously injured was down to its lowest levels on record (meeting the Mayor’s previous target six years early) Johnson is keen to push the numbers down further. Read more: How [...]
The Eurozone will collapse without Greece – Tsipras June 9, 2015 The Eurozone will fall apart if Greece leaves, according to Greek Prime Minister Alexis Tsipras. Tsipras said a Grexit would be “the beginning of the end” for the Eurozone, saying markets would be spooked and would begin looking for a new weakest link. His comments come a day after Angela Merkel warned Greece was running [...]
