Monthly Archives: April 2015

Taxi app Gett gears up for next stage of cab wars: deliveries

“It was expected that the [taxi app] industry would expand – it was just a matter of time,” said Gett founder and chief executive Shahar Waiser. “There are many operational difficulties and the industry had to mature to be ready […]

Alliance Trust’s embarrassing U-turn: what the board said then and now

Today, however, at the same time as shareholders learned they could no longer cast a vote on the matter, she warmly praised their “significant experience”. Here’s exactly what she said: Then (March 21, 2015): “We do not consider the proposed […]

Six things we learnt from Alexis Tsipras’s marathon TV interview

1. He still supports Yanis Despite suggestions that his controversial number two will be getting the boot, Alexis Tsipras used his appearance on Greek television to back finance minister Yanis Varoufakis. Mr Varoufakis is set to take a backseat in […]

Cost of ten-year mortgages starts to rise

Brokers say there was a lot of interest in First Direct’s product and the bank may have underestimated demand, prompting it to push the rate up. • Use our mortgage calculator to work out how much you will need to […]

Landlords underestimate real £8,359 cost of buy-to-let

Its study estimated that the total average cost of a buy-to-let property, including letting agent fees, maintenance, repairs, marketing fees and mortgage interest, amounted to £8,359 a year. Costs % landlords who incur costs % landlords who incur costs and […]

Standard Chartered bats away talk of hasty UK exit as profits fall

He said there had been “no change” to Standard Chartered’s position on where to locate its headquarters since George Osborne raised the bank levy, a tax on banks’ balance sheets, in last month’s Budget. The bank, which generates most of […]

Loophole: get two-for-one cinema tickets all year – by spending just £2, the money saving website founded by Martin Lewis, worked out that consumers can qualify for as little as £2 thanks to the wording in the terms and conditions. That’s because the small print of the offer states travel insurance […]

The British towns where fraudsters steal £1,203 per person

Currently 0.5pc of all credit applications to British banks and building societies are fraudulent, up from 0.4pc last year. The table, below, shows where residents are most likely to be ripped off by fraudsters. Those affected by fraud typically lose […]

Arab youth are taking a stance on democracy

It has now been over 40 years since the world witnessed the ‘third wave’ of democracy, when Portugal walked into the ‘hallowed halls’ of democracy following the largely peaceful Carnation Revolution. Gun muzzles wore carnation flowers and people walked hand-in-hand […]

George Osborne warns economy is at ‘critical moment’ after growth falters

He said: “GDP figures show future of the economy is on the ballot paper. We should stick to the plan that’s delivering a brighter more secure future. With rising instability abroad, now is worst possible time to vote for instability […]