Londoners are working 197 days a year just to pay the rent May 7, 2024 It will take the average Londoner until 16th June to earn enough before tax to cover their annual rent bill. The only way to bring prices down is to build more houses, says Sam Bidwell On average, for the first 125 days of 2024, English renters worked solely to pay their landlord. That’s according to [...]
Coronavirus latest updates: EU boosts vaccine supply; Norway halts Astrazeneca jab; London R rate rises March 26, 2021 EU boosts production of Covid vaccines The European Medicines Agency announced this afternoon that it has approved the use of two European factories to scale up the EU’s vaccine supply. The Halix factory in the Netherlands has been cleared to produce doses of the Astrazeneca vaccine for the EU, while another in Marburg in Germany [...]
Barratt sinks and Redrow jumps after £2.5bn megamerger announced February 7, 2024 Two of Britain's leading homebuilders, Barratt and Redrow, have announced a merger agreement worth £2.5bn.
In the journey of learning to live with Covid-19, our businesses need support December 20, 2021 For many City shops, restaurants and pubs, the new work from home advice has cancelled Christmas. These are dark winter days for businesses who were expecting this period to be their busiest time. But the faster we all get jabbed, the quicker we can get back to the office. All eligible City workers need to [...]
Brits just want some space: Detached property sales outpace other housing May 27, 2023 Detached houses were the most popular type of property among existing homeowners moving home with a mortgage in the year to March, according to analysis of a lending giant’s data. Halifax said detached homes accounted for nearly a third (32%) of such sales, rising from a quarter (25%) a decade ago. While detached homes were [...]
Daily rapid testing for vaccinated COVID-19 contacts starts from Tuesday December 12, 2021 Health and Social Care Secretary Sajid Javid announced this afternoon that fully vaccinated contacts of a COVID-19 case will be advised to take a daily lateral flow test for seven days to slow the spread of the virus from Tuesday.
We need more housing and braver, bigger ideas to revive our Square Mile July 4, 2023 The Square Mile, like other financial centres, needs to attract more footfall, or it will become a ghost town. The power is in local politicians' hands, they just have to be brave, writes Adam Hawksbee
Home REIT: Embattled social housing investor looks to offload properties and ‘stabilise’ portfolio April 5, 2023 Scandal stricken social housing investor Home REIT said it is looking to offload some properties today as it scrambles to raise cash and “stabilise” its portfolio ahead of the appointment of a new investment adviser. In a statement this morning, bosses said the former FTSE 250 firm “continues to explore all available options” as it [...]
London-listed fintech says New York will become its ‘natural home’ after US share sale January 21, 2024 The boss of a top London-listed fintech has said New York is likely to be the "natural home" for the firm going forward, in a blow to London as it works to bolster its capital markets.
No masks, no distancing: Govt set to revise UK workplace guidance July 9, 2021 Ministers are preparing to publish new return to office guidance for businesses next week that will greatly reduce the number of measures recommended to curb the spread of Covid-19. Among the workplace recommendations set to move from obligatory to subject to a company’s discretion are face masks and social distancing, the Financial Times first reported. [...]