United Kingdom

Facebook decides not to bring HTC First to the UK

The HTC First, the Android-based customized Facebook phone, will reportedly not be sold in the UK.

According to Engadget and others, UK network provider EE, one of the HTC's carrier partners in Europe, has confirmed that it would not sold the so-called Facebook Phone in the UK as Facebook was looking to enhance the Facebook Home experience's customization features before the phone's availability on the right hand side of the Atlantic.

Wide gaps in broadband speeds in British cities: study

There is a wide difference between fastest and slowest broadband speeds available to households in British cities, a new study by price comparison firm uSwitch. com revealed.

The wide difference leaves many consumers in cities like London, Bristol, Glasgow and Northampton in the slow lane. The biggest gap between the fast and slow broadband is being suffered by Birmingham homes, where the difference is 89 per cent.

British teenager pockets millions by selling app to Yahoo

Nick D'Aloisio, a British teenager, has become one of the country's youngest millionaires after selling its Summly app to Yahoo.

Designed and built by Nick D'Aloisio two years back at the age of 15, Summly has so far earned nearly 1 million downloads. D'Aloisio yesterday announced that Internet search firm bought the app for around £20 million.

The 17-year-old told City A. M., "It's beyond my wildest dreams; I really still see this as a hobby."

D'Aloisio and his Summly team members will now work at Yahoo's Soho-based London headquarters' mobile apps unit.

Asking price for Heath Hall cut by £35m

Heath Hall, the most expensive home for sale in Britain, has become cheaper by a whopping £35 million, but it still costs £65 million.

Property tycoon Andreas Panayiotou, the owner of the 14-bedroom Heath Hall mansion, had put it on the market in the year 2011 with a guide price of £100 million.

But a lack of interest in the mansion forced Mr. Panayiotou to drop the asking price to a more realistic £65 million.

The price cut is enough to purchase a 6-bedroom Georgian terrace in up-market Belgravia or as many as 215 "average" homes in the country that cost £162,000 each.

Thomas Cook to cut 2,500 UK jobs

Travel firm Thomas Cook has announced its decision to close its 195 high street travel agencies and cut 2,500 jobs in the UK.

The planned closures and job cuts are a part of the 172-year-old travel firm's restructuring plan, which aims to turn its distressed British business around.

Thomas Cook, the world's oldest travel firm, also said that most of the cuts would affect positions in the back-office and within the firm's retail network.

UK manufacturing PMI slips well below 50 in February

Manufacturing activity in the UK dropped unexpectedly in February, giving a major set-back to hopes that the country can return to growth in the next few months.

The recently published Markit/CIPS Manufacturing Purchasing Managers' Index (PMI) for the UK showed that manufacturing activity in the country dropped from 50.2 in January to 47.9 in February, well below the reading of 50 that separates growth from contraction.

Nielsen: 53% of UK smartphone owners have never received mobile adverts

According to the findings of Nielsen's Mobile Consumer Report, 97 percent of the UK population owns a mobile handset, with nearly 61 percent owning a smartphone. More than half of the smartphone users in the country have said that they have never received any adverts when their handset in is use.

The Nielsen report's revelation that nearly 53 percent of the UK smartphone users haven't got adverts while using the phone implies that either mobile advertising is easily ignored by the users or it is apparently an underused marketing channel.

Silver Cross teams up with Aston Martin to create £2,000 super-pram

A limited edition £2,000-priced super-pram will be created by Silver Cross, a luxury brand name in baby `carriages', in collaboration with James Bond's favourite car brand Aston Martin.

The luxury pram - which is being touted as "the most exclusive pram in the world" - will be the Silver Cross Surf-Aston Martin Edition pushchair. Only 800 units of the limited edition pram will be manufactured for sale in Harrods.

Waitrose is the best; Tesco is the worst supermarket in the UK: poll

Waitrose is the best supermarket in the UK, while Tesco is the worst, according to a new survey by consumer watchdog Which?

The watchdog polled 11,000 consumers across the country, and found most respondents voting in favor of Waitrose, which received a customer score of 82 per cent.

Waitrose also received five-star ratings for the quality of its fresh products as well as for its customer service.

QE made life extremely difficult for savers, pensioners: says incoming BoE Gov.

Measures taken by the UK Government to revive the ailing economy have made life extremely difficult for savers and pensioners, but the measures like quantitative easing (QE) were necessary to save the broad economy, the incoming Governor of the Bank of England (BoE) said.

Mark Carney, who will become BoE's governor in July this year, said that all-time low interest rates have hit prudent households very hard, with pensioners among the hardest hit.

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