Broadband speed advertising is misleading, MPs warn April 16, 2016 A cross-party group of MPs has warned that broadband speed advertising is misleading and needs to be changed. A report published by the group of 50 MPs said that consumers need to be able to hold broadband providers to account. "Consumers must be given the power to hold their internet service provider to account when [...]
UK house prices: More than 3,000 people used right to buy last quarter – and 5,000 homes have started to be built as a result, government figures show March 24, 2016 Right to buy might still be dividing opinion, but there's one place where no one is in any doubt about its success. The government has today issued another self-congratulatory update of the controversial scheme, claiming it has helped a further 50,000 people buy a home since it was "reinvigorated" in 2012, with more than 3,000 people [...]
Tata UK break up raises fears over scale of potential job losses May 8, 2016 There is a growing possibility that Tata Steel’s UK operations, which include the Port Talbot steelworks, will be broken up as the sale process drags on. Of the 20 or so bids Tata has received for the company only two are understood to be for the businesses as a whole. Sanjeev Gupta’s Liberty House has submitted an [...]
Has craft beer lost its flavour to globalisation? May 17, 2016 It's 2001, it’s a Friday night, and I’m enjoying a well-earned sip or two of a raspberry-flavoured wheat beer after a hard week of college. The pub in question was the Greenwich Union, in southeast London. Only just opened in 2001, it housed some of the finest offerings from the local Meantime Brewing Company. These beers [...]
London Stock Exchange boss Xavier Rolet fires warning shot towards US rivals as merger battle heats up April 5, 2016 The head of the London Stock Exchange has fired a warning shot towards American rivals that are threatening to gatecrash its proposed merger with the German company Deutsche Boerse. In an explosive interview with City A.M., Xavier Rolet savages the record of US giants that have bought into the continent in recent years, and insists [...]
Cala Group calls on government to tackle housing crisis by building more family homes March 7, 2016 Cala Group, has urged the government tackle the country's housing crisis by addressing the need for larger family homes, as the housebuilder forecast another year of record profits. The Edinburgh-based group, which builds high-end homes in affluent areas in the south of England as well as Scotland, said the government's increased focus on affordable housing and first time buyers was "misguided" [...]
Steel Crisis: Seven bids advance to the next stage of sale process for Tata Steel UK assets May 9, 2016 Tata Steel Europe has announced seven bids for its UK business have been advanced to the next stage of the sale process. The European arm of the Indian steelmaking giant said today that seven expressions of interest for the company's entire UK assets had been taken forward, and Tata Steel Europe will still seek to sell the [...]
Property sales kicked off the year with a rise, HMRC property transaction figures show February 23, 2016 The number of properties sold at the start of 2016 across the UK was 7.7 per cent higher than in 2015, new figures reveal. Nearly 105,400 residential properties were sold in January and just over 9,600 non-residential, compared to 97,000 and 9,740 a year earlier on a seasonally adjusted basis. “Even as the housing market builds a head of [...]
Pressure mounts on BHS top dogs as MPs call for Sir Philip Green to be held accountable over department store’s collapse April 25, 2016 Pressure was mounting on Sir Philip Green last night after MPs called for the former BHS owner to be held to account over yesterday’s collapse of the 88-year-old high street chain, which he sold for just £1 last year after 15 years’ ownership. BHS’ failure, which puts 10,000 jobs at risk, is also being investigated by [...]
Govcoin’s co-founder Robert Kay explains why his firm is using blockchain to change the lives of benefit claimants October 10, 2016 "When you get into this technology, you can let your imagination run wild with it. But as an entrepreneur, you have to focus. You can use a new technology to help those that can pay the most for it, or those who will benefit the most from it. It is our view that distributed ledger [...]