Electric cars to charge ahead August 29, 2017 In late July, the UK government announced plans to ban the sale of new petrol and diesel-only cars in Britain from 2040[1]. It joined the Netherlands, Norway, India, and France to become the fifth country to commit to ending the sale of traditional internal combustion engine cars. However, while it has yet to commit to [...]
The new voice of British banking: UK Finance launches today with new board members revealed July 3, 2017 The British finance industry will be publicly represented from today by a single new body, UK Finance, after the merger of six separate lobby groups. The new body, which officially starts operations today at Angel Court, behind the Bank of England, will represent over 300 British firms providing credit, banking, markets and payments services. The [...]
It looks like BT is ramping up its experiments with blockchain technology, patent filings reveal April 19, 2017 BT is ramping up its work on blockchain technology, with several patents related to the distributed ledger technology filed in recent months. The FTSE 100 telecoms firm which also provides IT services to high profile clients globally, such as Nationwide Bank, has filed at least six patents since the start of the year in relation [...]
My Country: a work in progress at the National Theatre review: a play that tries to make sense of Brexit March 16, 2017 It has been said that our membership of the EU was too complicated a subject for a referendum, and this play – born out of a nationwide listening project – also makes the theatre feel inadequate when it comes to deciphering what the hell happened on 23 June. Each actor is assigned a region – [...]
House price growth falls to 14-month low February 1, 2017 UK house annual price growth fell to 4.3 per cent in January, down from a year-on-year growth of 4.5 per cent in December. As compared to the month before, house price growth edged up 0.2 per cent, according to figures from Nationwide. But it is thought that overall this year the housing market will be cooler [...]
London Bridge attack: Tourism chiefs hold emergency summit over terrorism threat to £130bn industry June 5, 2017 Tourism chiefs gathered for an emergency meeting on Monday amid fears the UK's £130bn industry will be hit by the spate of recent terrorist attacks. City A.M. understands the Tourism Industry Emergency Response (Tier) Group convened to discuss what impact the latest London atrocities will have on the industry. Meetings have previously been called after [...]
Prodigal Londoners outspend the rest of the country by hundreds of thousands February 10, 2017 London households can expect to burn through £2.3m over the course of a lifetime, dwarfing the UK’s average expenditure by almost half a million. Investment manager Tilney unveiled the discrepancy in its Cost of Tomorrow Report, which also revealed that the average British household has spent their first million by the age of 50, while [...]
UK house price growth has edged up from its November low December 29, 2016 December may traditionally be a bad time to try to sell your house – but UK house prices bucked the trend this month, with growth edging up from their low in November. Nationwide's house price index showed prices rose 4.5 per cent in the year to December, up from 4.4 per cent in November, its [...]
The Little Big Short: Subprime car loans could be fuelling the next financial crash July 11, 2017 Lenders are forgetting the lessons of the past. Those are the words of Mark Carney on the rapid growth of the car finance industry. It’s a decade since the financial crisis brought institutions around the world to their knees, triggered by a meltdown in subprime mortgages. Yet here we are again – the only [...]
Here’s how to get £10 off orders over £50 on Amazon (but it’s only today) January 20, 2017 Amazon has been ranked top of a nationwide poll for customer satisfaction among UK brands – and to thank its customers, it's offering them discounts. Hurrah. The online retailer's UK site came top of the UK Customer Satisfaction Index, with a score of 87.3 on the index. That was followed by M&S, P&O Cruises, Greggs [...]