London Short-term Lets ‘Out of Control’ with over 73,000 Listings on Airbnb-Style Platforms
Airbnb-style platforms accounted for one in every 50 homes advertised for letting in the capital.
Author: WLT BUSINESS DESK
Marylebone to lose its Monocle
Monocle could be moving out of its Marylebone HQ after its lease expires in 2020 according to founder and Editor-in-Chief Tyler Brule.
How to be a Modern Estate Agent
Modern House, described as “an estate agent like no other” has jettisoned four wheels for two.
Parcels not Pollution: Why Cargo bikes are the next Big Thing
Hammersmith council has a knack for catchy slogans like “brilliant for business”, but its latest buzz word for its zero-emissions cargo delivery service, “parcels, not pollution”, will get its residents breathing lungfuls of clean air and reduce the carbon footprint in this west London borough. Its Business Improvement District was recently awarded £50,000 funding from Transport for London (TfL) in the tie-up with e-cargobikes.com. The project aims to reduce traffic, ease congestion and improve air quality in Hammersmith’s town centre, notorious for its traffic snarl-ups around the A4 Hammersmith gyratory system and its King Street thoroughfare. Local businesses including Kings Mall Shopping Centre, Regus, the Ark building, and the Lyric theatre have already signed up to use the service. This will reduce the number of freight vehicles on the roads in Hammersmith, particularly at peak times. Goods will arrive at the e-cargobikes.com warehouse in Ladbroke Grove, Notting Hill and deliveries will be made the same day they are received provided they are dispatched before 3pm, with no difference in the service to the customer and …
Apple is first US Trillion-Dollar Company
Apple Inc has become the first $1tn publicly listed US company crowning a decade-long rise fuelled by its ubiquitous iPhone.
Nokia Bananas over new ‘Slider’ Phone
Nokia is banking on the popular banana to rekindle its fortunes in the smartphone market. Its 1990s throwback model comes in two colour choices, classic black or banana yellow, a twist on its curved shape and how its keyboard slid out, inspiring the nickname ‘banana phone’.
Intel Allays Bug Fears as Apple Admits Products Vulnerable to Attack
Intel Corp, the world’s No. 1 chipmaker has downplayed concerns that software updates to address security vulnerabilities in its computer chips will degrade performance of computers as businesses and consumers scrambled to figure out whether installing the patches would slow their machines. These flaws are security laxes detected in nearly every computing device that make their data vulnerable to hacking. The glitch surfaced early this week when news broke that researchers were planning to release technical reports on the threats, sending businesses, governments and consumers scrambling to understand the extent of the threat and the cost of fixes. No clear consensus has emerged. “Intel continues to believe that the performance impact of these updates is highly workload-dependent and, for the average computer user, should not be significant and will be mitigated over time,” the company said in a release. The release cited comments from Amazon.com Inc., Apple Inc., Alphabet Inc’s Google and Microsoft Corp, which said that they had seen no significant impact to performance after installing the patches. They were among a group of firms that …