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FTSE 100 searches for impetus, with retail sales data on deck

“The muted action in London came as traders waited for the latest U.K. retail sales data, due at 9:30 a.m” writes Markets Reporter for marketwatch.com. Kingfisher PLC KGF, -1.08%  fell 3% after the do-it-yourself retailer said first-quarter sales fell due to bad weather.U.K. stocks swung between small gains and losses early on Thursday, with traders remaining cautiously on the sidelines ahead of a reading on retail sales, which could influence the path for U.K. interest rates.Sterling fell to a fresh 2018 low on Wednesday, after official figures showed U.K. inflation…

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The warehouse that’s feeding 484,376 people for free

“But until the food chain finds a solution, one warehouse in south London is providing an answer” writes Sophie Gallagher for huffingtonpost.co.uk. The food industry regularly ends up with a surplus on its hands thanks to seasonal variation, which might see buyers flooded with a particular crop thanks to a bountiful harvest.One that helps solve another problem too – food poverty.FareShare has, in the past, had to defend itself against arguments that it institutionalises food poverty. Source: huffingtonpost.co.uk Share This:

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HUFFPOST REPORTS: How One London Warehouse Is Feeding 484,376 People For Free

“But until the food chain finds a solution, one warehouse in south London is providing an answer” writes Sophie Gallagher for huffingtonpost.com. The food industry regularly ends up with a surplus on its hands thanks to seasonal variation, which might see buyers flooded with a particular crop thanks to a bountiful harvest.One that helps solve another problem too – food poverty.FareShare has, in the past, had to defend itself against arguments that it institutionalises food poverty. Source: huffingtonpost.com Share This:

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Train timetable shake-up ‘could see house prices in some commuter towns fall by 15pc’

“National Rail’s train time table shake-up could knock as much as 15 per cent off house prices in commuter towns with reduced services, property experts have warned” writes Patrick Scott for telegraph.co.uk. Radical changes introduced to train times over the weekend have resulted in the number of services stopping at some stations by as much as 40 per cent, data shows.Among the worst hit are commuter towns surrounding London including Preston Park, Leagrave East and Flitwick, which have all seen well over a third of their daily services cut. number of commuter towns…

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Crypto News 

‘Halal’ bitcoin accepted at London mosque in world first

“A London mosque is thought to be the first in the world to accept bitcoin donations, one month after an Islamic scholar declared the cryptocurrency permissible under Sharia Law” writes Anthony Cuthbertson for independent.co.uk. The Shacklewell Lane Mosque in Hackney announced that it is hoping to raise at least £10,000 in cryptocurrency donations over Ramadan, through both bitcoin and ethereum.The bitcoin wallet address used by the mosque to receive the cryptocurrency has so far only received one donation, worth just over £100 at today’s prices.The Independent’s bitcoin group on Facebook…

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IG Group appoints long standing senior executives Bridget Messer and Jon Noble as Executive Directors

“Evergreen retail FX and CFD giant IG Group has appointed two long standing senior executives to its board, who will report directly to CEO Peter Hetherington” reports financefeeds.com. Mr Noble’s career-long tenure at IG Group represents another testimony to the company’s ability to retain talent and empower key executives over a long period.Seismic changes in technology and social attitudes, I’m delighted to say, now result in more women trading in the financial markets than ever before. Source: financefeeds.com Share This:

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AI will be used to reduce patient wait times at University College London Hospitals

“Industry analysts estimate that the AI health market will reach $6.6 billion by 2021, up from $600 million in 2014” writes Kyle Wiggers for venturebeat.com. In the U.S., hospitals are using AI to aid in the treatment of certain diseases and life-threatening conditions.The hospital’s effort comes months after London-based Google subsidiary DeepMind, in partnership with the National Health Service and London’s Moorfields Eye Hospital, trained AI to diagnose eye diseases from 3D retinal scans. Source: venturebeat.com Share This:

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Ecuador orders withdrawal of extra Assange security from embassy in London…

“QUITO (Reuters) – The president of Ecuador, Lenin Moreno, ordered the withdrawal on Thursday of additional security assigned to the Ecuadorian embassy in London, where WikiLeaks founder Julian Assange has remained for almost six years” writes Reuters Editorial for reuters.com. However, British authorities are still seeking his arrest. “The President of the Republic, Lenin Moreno, has ordered that any additional security at the Ecuadorian embassy in London be withdrawn immediately,” the government said in a statement. “ From now on, it will maintain normal security similar to that of other…

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