House prices around the M25 have gone up 551 per cent in the last 30 years October 29, 2016 The M25 is 30 years old today. A lot of things have changed in 30 years; not least house prices. Indeed, the average price of houses around the M25 has risen 551 per cent in the 30 years since Britain's busiest motorway was opened. According to Halifax, in the 40 towns surrounding the 117-mile motorway, the average price [...]
BT boss says “it’s quite possible” that 80 per cent of today’s jobs won’t exist in the future October 29, 2016 Gavin Patterson probably doesn't want to worry anyone but he thinks it's "quite possible" that 80 per cent of the jobs that people do today won't exist in the future. Yes, 80 per cent. Speaking at the HSBC Innovation Summit on Friday, the BT boss said: "It's a combination of ubiquitous networks, ubiquitous data, ubiquitous [...]
Mark Carney looks set to leave the Bank of England in 2018 October 29, 2016 Bank of England governor Mark Carney is unlikely to take up the three-year extension option on his term at the central bank. He could announce the decision as soon as Thursday. According to The Times, senior City figures who know the governor said they believed it was more likely than not he would choose to [...]
Polls could well be wrong on US election just like they were with Brexit, says Nigel Farage October 29, 2016 Nigel Farage had some words of warning for those dismissing Donald Trump's chances in the US presidential election. Speaking on his LBC show, the former Ukip leader said: "They thought Brexit wouldn't happen." Discussing his appearance in Mississippi alongside the Republican presidential candidate, Farage said: "I was there to talk about Brexit and possible crossover with the [...]
This is not a drill: The EU-Canada trade deal is finally being signed tomorrow October 29, 2016 It's happening, it's finally happening. Canada and the European Union will sign a landmark deal tomorrow, after the Belgian government struck a deal with regional representatives from Wallonia on Thursday. Mission accomplished! Just agreed with PM @JustinTrudeau to hold EU-Canada Summit this Sunday — Charles Michel (@eucopresident) October 28, 2016 Can you feel the relief [...]
Birmingham New Street station gets another makeover after dazzling drivers October 29, 2016 If you think your effort's going unappreciated at work, spare a thought for architecture firm AZPML. It only completed its £750m overhaul of Birmingham New Street railway station last year, complete with shiny steel "skin" to reflect trains pulling in and out of the station, as well as the surrounding cityscape, but it's already getting [...]
MPs want mobile phone network roaming in the UK as signal coverage is “unacceptable” October 29, 2016 You might have suspected it; a new report from a group of backbench MPs has confirmed it. Britain's mobile phone users are suffering from an "unacceptable" level of signal coverage. That's despite billions of pounds being spent to improve the network. The British Infrastructure Group (BIG) of cross-party MPs said that British mobile phone signal [...]
First legal challenges to Heathrow expansion take off as residents’ group claims bias October 29, 2016 We all knew they were coming; it was a matter of when rather than if. And not a week since the government announced that Heathrow expansion was getting the green light, the first legal challenge has been set in motion against the third runway. Residents' organisation Teddington Action Group (TAG) is alleging "apparent bias" against Sir [...]
World Bank appoints Kristalina Georgieva as chief executive October 29, 2016 Kristalina Georgieva has been appointed chief executive of the World Bank. The Bulgarian will effectively replace Sri Mulyani Indrawati, the bank's managing director and chief operating officer, though the title of chief executive is newly created. Indrawati was appointed Indonesian finance minister in July. Georgieva, the former head of EU humanitarian affairs and vice-president of [...]
Here’s Elon Musk’s latest project: Tesla’s solar roof October 29, 2016 You'd forgive Elon Musk for feeling pretty confident at the moment. He has just surprised Wall Street with Tesla's first profit for three years, reporting net income of $21.9m (£17.9m) for the third quarter after 13 consecutive quarterly losses. Record deliveries helped offset rising expenses. And now, the Tesla co-founder and chief executive has unveiled his [...]
