Asda employees stage fresh protests over contract changes September 16, 2019 Asda employees are protesting across the country over the implementation of a controversial new contract. Protests will take place at nine stores today, including in Leeds, Glasgow and Nottingham, after GMB union members staged demonstrations across the country earlier this month. Read more: Asda under pressure as workers stage nationwide protests Workers have raised concerns [...]
Labour’s BT plans show ‘misunderstanding’ of broadband industry, firms warn November 17, 2019 British broadband providers have slammed Labour’s proposals to nationalise parts of BT, saying the plans show a “fundamental misunderstanding” of how the industry works. Shadow chancellor John McDonnell last week said Labour would take Openreach and other parts of BT into public ownership, and promised free full-fibre broadband for every UK household. Read more: Labour [...]
Hotel Chocolat goes into meltdown over missing ‘Chocmobile’ August 1, 2019 Luxury chocolate retailer Hotel Chocolat has appealed for help in finding a missing van, nicknamed the ‘Chocmobile’ Read more: Sweet like chocolate: Hotel Chocolat credits relentless innovation for sales boost The chocolatier said the “beloved” van had been stolen from its Hertfordshire headquarters earlier this week, and called on the public for help in tracking [...]
UK house prices: Brexit clouds lift, but coronavirus threat looms March 6, 2020 UK house prices rose 2.8 per cent in February compared to the same month last year, Halifax data showed today. Homes’ values increased 0.3 per cent month on month and 2.9 per cent on a quarterly basis, Halifax’s House Price Index found. That left the average UK house price at £240,677 in February. But while [...]
Mortgage approvals hit two-year high while consumer credit growth remains stagnant August 30, 2019 Mortgage approvals for July hit a two-year high according to official data released on Friday. The Bank of England data revealed that lenders approved 67,306 mortgages last month, up from 66,506 in June. Read more: Londoners pay highest UK house premium to live closer to a station The housing market has endured a slowdown since [...]
UK house prices: Growth falls to four-month low in June July 2, 2019 UK house prices remained “subdued” in June, new figures showed today as the cost of buying continued to fall in London and the south east. The price of a UK home grew 0.5 per cent year-on-year over the month, lower than May’s 0.6 per cent growth. The rate was the worst since February’s 0.4 per [...]
UK house prices suffer fifth month of ‘subdued’ growth amid Brexit uncertainty May 1, 2019 UK house price growth remained flattened in April, as the annual price growth rate rose less than one per cent, the latest data showed today. Read more: London house prices plunge in blow to UK housing market UK house price growth remained quiet in April, as the annual price growth rate rose less than one [...]
Mortgage approvals rebound after delay on Brexit deadline May 31, 2019 Mortgage approvals for house purchases hit a three-month high in April, rebounding after Britain's March deadline for Brexit was postponed. The number of residential mortgages approved in April ticked up to roughly 66,300, nearing a two-year average and bouncing back from a fall in March, according to new data released this morning by the Bank [...]
City Moves for 15 October – Who’s switching jobs at Currencycloud, Frame and Hilton? October 15, 2019 Today’s City Moves includes Currencycloud, Frame and Hilton Currencycloud London-based fintech and cross-border payments platform Currencycloud has appointed Barbera De Jong to chief people officer. Barbera will be responsible for driving organisational evolution across the business, which has more than doubled its headcount since 2017 to over 200 employees across its offices in London, Cardiff, [...]
Don’t underestimate the politics of infrastructure January 23, 2020 The Conservative election campaign slogan may have been “Get Brexit Done”, but the fate of this government will ultimately hinge on what it does here at home — specifically regarding infrastructure. It is widely accepted, including by the Prime Minister himself and his chief aide Dominic Cummings, that the Conservatives need to do more than [...]