London stocks rise in opening trade - YAHOO!
London's leading stock market rose slightly at the start of trading on Friday as investors awaited the publication of key US jobs data amid ongoing eurozone strains.
The benchmark FTSE 100 index climbed 0.21 percent to 5,331.87 points after minor losses Thursday.
Elsewhere in Europe, the CAC 40 in Paris gained 0.37 percent to 3,028.30 points while Frankfurt's DAX 30 dipped 0.07 percent to 6,259.76 points.
Investor sentiment had been undermined Thursday by poor US economic indicators and concern about the prospects for progress in the eurozone debt crisis.
GDP growth in the January-March period slowed to an annual rate of 1.9 percent from the 2011 fourth quarter's pace of 3.0 percent.
The US government will later report May jobs numbers in what could be a crucial test of the economy's momentum following a sluggish start to the year.
Analysts have forecast that the US economy added a net 150,000 jobs in May, better than April's meager 115,000 jobs but still just barely keeping up with population growth in the labor force.
Amy Winehouse's London home up for sale - Click2Houston.com
Ten months following Amy Winehouse's death, the late singer's family has decided to sell the London home in which she lived.
According to the U.K.'s Guardian, Winehouse's Camden Square residence in northwest London is up for sale to the tune of £2.7 million.
A representative for the family reportedly told The Sun that the decision was made with "great regret," but the family felt it would be inappropriate for any of them to move in.
Last July, Winehouse was found dead in the home at the age of 27, and mourners visited the address to pay tribute to the singer.
The property listing cited by the Guardian describes the residence as a "substantial and impressive three double bedroom, three reception room, semi-detached period villa with well-proportioned private front and rear gardens."
According to the listing, the home has "only changed hands once in 40 years," and has been upgraded with major renovations.
London Names 80 Tube Stations To Get Free WiFi By July - huffingtonpost.co.uk
The first 80 Tube stations to receive free WiFi access have been announced.
Virgin Media will enable the free wireless access by the end of July.
Transport For London says the partnership will enable millions of commuters to get online at Tube stations for free, and hopefully find their way around the city without annoying the locals.
The full list of stations can be about at Virgin's website.
They include major hubs like Kings Cross, St Pancras, Waterloo, Victoria, London Bridge, Liverpool Street and Paddington.
Central stops like Oxford Circus, Charing Cross and Westminster are also included in the rollout.
The plan will see up to 120 stations connected by the end of the year.
Gareth Powell, who is London Underground’s director of strategy, said the service was "testing well".
He said: “Our customers will soon be able to connect to the internet for live travel information while they are on the move through stations.
“Bringing a next generation WiFi service to one of the world’s oldest underground transport networks is progressing as planned and the forthcoming service is testing well.
“The first stations include some of our busiest and most well-known destinations and we’re on-track for a successful launch this summer – all delivered at no additional cost to fare payers or tax payers.”
Jon James at Virgin Media, said: "We’ve been working around-the-clock to install and test WiFi on London Underground and are about to connect some iconic and world famous Tube stations with a WiFi service London will be proud of."
London Welsh to contest decision soon – Rugby News Update - Bettor.com
London Welsh to contest decision soon – Rugby News Update
London Welsh, a club that plays in the Championship, the second tier of rugby in England have defeated the Cornish Pirates over a two-legged final to be declared champions.
However, they are not being allowed promotion into the Aviva Premiership, the top tier of rugby in England, as they do not fill the minimum requirement criteria. Their application to join the country’s elite was rejected by the Professional Game Board, a decision that was upheld by the Rugby Football Union.
After securing the title, the club is keen to fight their case in order to secure their promotion into the top flight. They have a minimum of three months to know what tier they will be playing in, as the new season will start by then. It provides the club a very small window of opportunity to take the matter to court or settle for an out of court settlement. London Welsh were waiting till the season concluded, and now that they have emerged winners, they are in a strong bargaining position.
Club chairman, Bleddyn Phillips, said, "We shall be lodging an appeal in the very near future and in parallel we are pursuing all other available opportunities to make sure we can take our rightful and deserved place in the Aviva Premiership."
John Taylor, the managing director of the club has said that the refusal of the RFU has brought the situation into a tipping point. He referenced the need of the RFU to make the Championship a professional body, and they need to support the lower league teams, in order to create a culture where the teams have an opportunity to advance.
He said, "The feeling is that even if we were to be in a situation at the end of it for whatever reason we didn't win this appeal, and we are going to fight it very, very hard, things will never be the same again. They will not be prepared to go through this again at the end of next season.”
It is going to be a long summer for London Welsh and they have to make important decisions regarding the future of the club.
London firms stumble over trademark hurdles - The Guardian
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