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Tag: cities

The pound’s fall: a tale of two cities

The pound’s fall: a tale of two cities

Business
Rob and Chloe are sharing a small Starbucks while admiring the bright lights of New York's Times Square. Coffee cost? Almost $ 5. They've also had a cake and a sandwich. $ 16-plus. Based on the exchange rate they got back in Kent, nurse Chloe estimates the total cost was around £17. "Given where we are I suppose it wasn't too excessive," she says. "But I think it's the most expensive coffee I've ever bought."Lunch, in the heart of Little Italy, was also an eye-opener. Two margherita pizzas, two glasses of wine, and tip (obligatory everywhere): $ 96. 'Watching the pennies'Chloe said: "We are watching the pennies. It's not spoiling our trip... but there are things we thought we'd do that we won't now."They'd come to Times Square fo
Live in these cities if you want to save plenty of cash

Live in these cities if you want to save plenty of cash

Finance
Walter B. McKenzie | Getty ImagesWhere you live can have a big impact on whether you're able to amass a security nest egg.Experts generally recommend you have at least six months' cash on hand in case you lose your job or have a medical or other emergency.However, data from personal finance website Bankrate show that there are cities where you're more likely to stash away that rainy day fund — and others where it's nearly impossible to get out of the red.Cities were ranked based on housing costs, such as mortgage, insurance and property taxes. Other expenses, such as groceries, health care, transportation and utilities, were also factored in.Memphis came up on top. The city's residents can save more on an annual basis than they need in their six-month emergency savings fund, according to B
Forget San Francisco: 5 cities where Bay Area techies would rather live

Forget San Francisco: 5 cities where Bay Area techies would rather live

Finance
View of homes in San Francisco from Alamo Square park.hanusst | iStock Editorial | Getty ImagesWhy buy a house in San Francisco when you can snap up something more affordable in New York?Bay Area tech workers are showing some sensitivity to the cost of housing in the region, according to a survey from Wealthfront, an investment management firm that provides robo-advisor services.The firm polled close to 2,700 of its clients through the first five months of this year. All of the participants work in the Bay Area at tech companies.Close to a quarter of clients think they'll flee altogether and head for cheaper cities elsewhere in the U.S., including Chicago and Austin, Texas.These potential buyers have set their sights on affordable dwellings, too, said Kate Wauck, vice president of communic...
UK’s first 5G service launches in six cities

UK’s first 5G service launches in six cities

Technology
By Connor Sephton, news reporter EE's 5G network has gone live in six cities - a UK first.London, Cardiff, Belfast, Edinburgh, Birmingham and Manchester are the first areas to benefit from the next-generation technology, with more cities to follow later in the year. It is expected to offer internet speeds several times faster than 4G - and EE marked the launch with a 5G-powered gig featuring Stormzy.There will be challenges for consumers who want to start using 5G as coverage will be restricted to a few areas - and only a select few handsets are 5G capable.Contract prices are also considerably higher, but competition in the market will increase when Vodafone rolls out its service across seven cities at the start of July. ...
Amazon creates 1,000 'highly skilled' jobs in three UK cities

Amazon creates 1,000 'highly skilled' jobs in three UK cities

Business
Amazon has revealed plans to create more than 1,000 jobs in the UK in Manchester, Edinburgh and Cambridge.At least 600 "highly skilled" roles will be added in Manchester working on software, machine learning and AWS, its cloud computing business.The company will also create 250 and 180 jobs at its development centres in Edinburgh and Cambridge respectively. Doug Gurr, Amazon's UK country manager, described the new roles as "Silicon Valley jobs in Britain".Liam Fox, the International Trade Secretary, said the new positions were an "enormous vote of confidence in the UK".Amazon will have about 27,500 employees in the UK by the end of this year, with 6,500 people in its corporate, AWS and R&D divisions. That means more than 20,0...