George Osborne vows to safeguard his flagship Northern Powerhouse policy, after City A.M. reveals think tank plan September 14, 2016 George Osborne has vowed to protect his flagship Northern Powerhouse policy, just a day after City A.M. revealed he would launch a think tank dedicated to the project City A.M. reported the former chancellor's plans on Tuesday, just hours after David Cameron announced plans to leave parliament all together. And speaking to The Sun, Osborne [...]
Nationwide house price index: UK housing supply at its lowest level since 1970s November 27, 2015 Annual house price growth slowed to a five-month low in November – despite the number of available homes on the market falling to a level not seen since the 1970s. Nationwide's house price index showed house prices increased 0.1 per cent in November, meaning the annual growth rate fell from 3.9 per cent a month earlier to 3.7 per cent. [...]
Nationwide house prices index: UK house prices rise again in October October 29, 2015 Ever feel like you're repeating yourself? House prices have risen again, new figures showed today, with prices rising 3.9 per cent in the year to October, up from 3.8 per cent last year. The Nationwide House Price Index showed the average price has now crept up to £196,807, up from £195,585 this time last year. That's [...]
Mark Carney is right; the robots are coming – but that doesn’t mean we should fear them December 9, 2016 On Tuesday governor of the Bank of England, Mark Carney, warned that up to 15m British jobs could be replaced by robots amid a merciless technological revolution. Unsurprisingly, the announcement sent headline writers into delirium and administrative staff up and down the country into a state of pre-Christmas anxiety rivaled only by that of a [...]
What Brexit? House prices inched up in July July 28, 2016 Brexit, what Brexit? The property market defied the uncertainty of the EU referendum result – for now – new data reveals. The full impact on the housing market has yet to be felt as prices edged up ever so slightly in July, according to Nationwide. Read more: Property shares are sliding after downbeat house price forecasts Property [...]
Black Friday 2016: Customers of this lender are spending £32,000 a minute November 25, 2016 Nationwide card holders are spending £32,000 a minute in the Black Friday sales. The building society said that between midnight and 8:30am today customers had shelled out £16.3m, an increase on last year's spend. Read more: The best Black Friday deals on consoles and games More than 400,000 transactions have taken place – up 50 per cent [...]
Barclays is ditching telephone passwords for voice recognition August 1, 2016 Barclays is making passwords for telephone banking obsolete by rolling out voice recognition technology to all its customers. The use of biometric technology is being explored by several banks, but Barclays is the first UK bank to make the technology – which works in the same way as a fingerprint – widely available. Read more: Passwords are [...]
Travelodge to create 1,000 permanent jobs in Christmas recruitment drive October 12, 2016 British hotel chain Travelodge is planning to check in 1,000 new members of staff as it launches a Christmas recruitment drive to fill positions at dozens of locations across the country. The budget hotelier is recruiting 160 staff for seven new hotel openings in Finchley, Stockport, East Grinstead, Kings Lynn, Andover and Peterhead. The group [...]
RBS, Nationwide, HSBC, Barclays, Standard Chartered and HSBC share prices rise after Bank of England stress tests December 1, 2015 Shares in British lenders rose today, after results of a Bank of England stress test showed all the banks it tested had passed. Shares in Lloyds rose 2.8 per cent to 75.01p in early trading, while HSBC rose 1.4 per cent to 537.2p and Barclays rose 2.5 per cent to 228.75p. RBS and Standard Chartered, [...]
Pay by selfie: Mastercard brings biometric technology to the UK October 4, 2016 Paying for things simply by taking a photo of yourself is now a step closer to reality as Mastercard brings its new biometric technology to the UK. So called selfie pay will let customers verify their identity with a snap of their smartphone camera when doing online shopping, or with fingerprints, doing away with passwords and pins -welcome relief [...]