London

Homeless people in London could be fined £1,000 for sleeping rough, under tough new rules introduced by a London council.  Despite the fact that the homeless are unlikely to have the funds to pay the fines, Hackney Council have introduced Public Space Protection Orders which bans people from sleeping in public spaces. Metro.co.uk reports: Homelessness charities have condemned the move, saying that it turns rough sleepers – who are often escaping lives of abuse – into criminals.

An unexploded second world war bomb sparked a mass evacuation at Victoria station in London this morning. Commuters faced chaos during Friday mornings rush hour as Victoria Tube station was closed temporarily. Armed police were at the scene as thousands of people were ordered to leave both the Tube and the rail stations. The ‘unexploded device’ was found on a nearby building site. Officers are in attendance at a building site on Terminus Place, SW1 following the discovery of what is believed to be World War 2 ordnance.

Back in September 2012 we first presented "the world's biggest hedge fund nobody had ever heard of": a small, previously unknown company called Braeburn Capital which, however, managed more cash than even Ray Dalio's Bridgewater, the world's largest hedge fund.

How had the little firm operating out of a non-descript office building in Nevada achieved this claim to fame? By managing the cash hoard (now well over $200 billion) of the world's biggest and most valuable company: Apple.

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

It appears the music may have finally stopped for one of the world’s largest luxury real estate bubbles: London.

 

A City of London worker spends more than £6,000 a year on season tickets to sit in the broom cupboard of a packed train. He sits next to a mop and bucket because there are usually no seats available during his daily commute between London and Ipswich. The Daily Mail reports: The City of London worker often struggles to find a seat on his return journey from London Liverpool Street to Ipswich, Suffolk, a journey he has made for the past 17 years.