Davos 2016: What the global elites will be talking about at this year’s World Economic Forum January 18, 2016 More than 2,500 of the world’s top business leaders, politicians, economists and celebrities from over 100 countries will descend on Davos this week, taking over the Swiss ski resort for the World Economic Forum’s 46th annual meeting. While the four-day meeting’s official theme is “Mastering the Fourth Industrial Revolution” – WEF’s way of describing the [...]
Forget peak oil, Ikea says we’ve hit “peak stuff”: It’s curtains for home furnishings says sustainability boss Steve Howard January 18, 2016 Someone clearly got Marie Kondo's book for Christmas. Apparently we've reached "peak stuff", bringing to an and the era of cheap flat pack furniture frustration and a desire for the latest designer cushions, according to – of all people – an executive at furniture giant Ikea. "If we look on a global basis, in the west we [...]
Australian company advertises the “worst job in town” on Seek – and there’s already a good number of applications January 18, 2016 If complaining about your day at work takes up most of your Monday evening conversation, this Melbourne-based role might just be perfect for you. A position for senior digital producer has been put up on Australian jobs website Seek, describing the role as the "worst job in town", complete with poor location and below market pay. Other [...]
New London Underground map reveals how much you pay in average rent at every Tube stop on the Piccadilly, Victoria, District, Central, Northern, Bakerloo, Jubilee and Metropolitan line January 18, 2016 A new London Underground map reveals the average (staggering) rent at every Tube stop in London. London’s exorbitant rents are obviously nothing new, but this map clearly lays bare the disparity between different parts of London. A flat by London’s most expensive Tube station will set you back nine times more than the same size [...]
Why stamp duty reforms are turning prime London into the world’s most exclusive rental market January 18, 2016 What's the point of paying astronomical levels of stamp duty when you could just rent an ultra-exclusive home? A new report has suggested billionaires may simply rent prime properties, rather than buying them – and potentially save millions of pounds. The figures, by Tunstall Property, suggest that for most buyers of ultra-expensive homes, following reforms to the stamp [...]
Pupillage gateway dates shifted from January 2017 onwards so trainee barristers know application outcome before paying fees for Bar Professional Training Course January 18, 2016 The Bar Council has today announced that it will be changing the pupillage gateway dates from January 2017 onwards, running the process from January until April. The pupillage gateway is used by barristers' chambers to advertise available positions and recruit pupils, and currently runs from the end of April through to August. The move, which many [...]
Brent and WTI crude prices: HSBC chief executive Stuart Gulliver predicts oil will settle between $25 and $40 in a year’s time January 18, 2016 HSBC chief executive Stuart Gulliver expects oil to settle between $25 and $40 in on year's time, he said today. Responding to a question about where the prices will be this time next year at the annual Asia Financial Forum in Hong Kong, Gulliver said: "Major producers are currently delivering 2m-2.5m barrels per day more than demand, so [...]
2016 already looking positive for financial services jobs as top consultants net salaries of £97,000 January 18, 2016 The new year may have only just begun but there are already signs of 2016 being a strong year for financial sector jobs. According to findings released today by recruiter Morgan McKinley, many employers have already kicked off their 2016 hiring. “Despite a rude awakening to the start of the year from financial markets, we’ve actually [...]
Oil edges closer to $28 as Brent and WTI crude both drop thanks to end of Iran sanctions January 18, 2016 Oil investors were showing their nerves today, with the price of both Brent crude and WTI crude edging closer to $28, as sanctions against Iran were lifted, potentially adding millions of barrels of oil to an already oversupplied market. Brent, the global benchmark, dropped to $28.17 in early trading, while the US-focused WTI fell to $28.71. The [...]
UK house prices: Property price growth will slow over next three years, EY Item Club predicts January 18, 2016 House price growth will slow over the next three years, according to new forecasts, as continued growth puts owning a property out of reach for many. Property prices are expected to rise by 6.5 per cent this year, new analysis by EY Item Club predicts. That growth will continue in 2017 and 2018, but at a more [...]