The UK’s tech entrepreneurs have finally recovered from the Brexit shock January 9, 2017 It looks like the UK's tech entrepreneurs have finally recovered from the shock result of the referendum in which they overwhelmingly supported remaining in the European Union. Just under half (49 per cent) of the more than 2,000 people working in tech and digital, including founders and chief executives, surveyed by Tech City UK are positive [...]
The tech industry still needs clarity on Theresa May’s Brexit aims January 18, 2017 Theresa May’s speech yesterday was packed with soundbites that would give the casual listener reason to be optimistic. She intends to make Britain into a “great global trading nation” while investing in infrastructure, and said that the referendum result was a decision to go “truly global”. She used the word global 17 times in fact, [...]
The architectural legacy of Queen Elizabeth II: Which buildings will define the reign of the current monarch? April 27, 2017 Looking over Westminster from Albert Embankment, a Victorian transported to the 21st century might be confused by the city before them. A host of tall, shiny towers clutter the South Bank; a great revolving wheel looks like a fairground attraction; and in the distance, a peculiar shard of metal emerges out of the mist. These [...]
London job openings at lowest level since January after Brexit vote September 4, 2016 The London jobs market could be showing signs of a post-referendum slowdown, according to a tracker of nationwide job vacancies. While the number of vacancies was up by 7.7 per cent in August compared to last year, online recruitment firm Reed.co.uk found London was being dragged down by a crunch in the number of high-paying [...]
UK house price growth hit an eight month high in December, Nationwide House Price Index finds December 30, 2015 December was a bumper month for property as house prices experienced their biggest monthly rise in eight months, new figures reveal. House prices in the UK grew 0.8 per cent on November, the largest increase since April when prices rose one per cent on the previous month, with the average price coming in at £196,999 at the [...]
Here’s why government spending isn’t fixing the housing crisis, according to Shelter August 31, 2016 The government is pouring money into schemes that boost demand for properties – but is failing to put enough cash into house building, according to research from housing charity Shelter. The current parliament has spent two thirds of its housing money – £28.7bn – on programmes such as the Lifetime ISA and Help to Buy, which [...]
The speaking clock will have a Scottish twang for the first time ever November 9, 2016 Wednesday 9 November is a date that will go down in history. Telecoms history, that is. For the first time in its 80 years of existence, the BT speaking clock is to have a non-English voice, after Dundee's Alan Steadman was chosen to lend his celtic tones to notify callers of the exact time. A nationwide competition was launched earlier this year [...]
BT Openreach boss Joe Garner steps down to move to Nationwide November 16, 2015 The chief executive of BT Openreach has handed in his notice, after he was offered a job leading high street lender Nationwide. It's not exactly classic timing: BT's local access network division is currently at the centre of a competition row. In a statement today, BT said Joe Garner will step down in the spring of 2016, [...]
Seatbelt laws created a new danger – and a lesson for investors April 18, 2017 Australia was first to enact seatbelt legislation in 1970, creating some unexpected results. It underlines an important point for investors about risk, according to value investing blogger Kevin Murphy. No matter what anyone may tell you or try to do, attempts to reduce risk in any system – investment or otherwise – only succeed in [...]
This is how UK banks have responded to the Bank of England stress test results November 30, 2016 The results of the Bank of England's latest stress tests on the UK's major lenders are out – and Royal Bank of Scotland has been handed the wooden spoon. RBS failed on all measures, while Barclays and Standard Chartered both missed out on one measure. The other banks being tested were Santander UK, Lloyds Banking Group, [...]