Purplebricks fined £260,000 for breach of money-laundering rules August 18, 2020 Online estate agency Purplebricks has been fined more than £260,000 by HM Revenue & Customs for violating money-laundering rules. Under UK regulations implemented in 2017, estate agencies are required to ensure customers are not using their business to launder money. The legislation says estate agencies are responsible for carrying out financial checks on their clients [...]
Australian property fintech PEXA gears up for government-backed UK launch February 15, 2022 Australian property fintech PEXA is set for a UK expansion with backing from the UK government as it looks to roll out a remortgage platform for UK mortgage lenders.
From home repossession to a virtual home in Metropolis metaverse September 6, 2022 A can-do attitude mixed with a pinch of hope has secured a new home in the Metropolis metaverse for journalist and activist Jillian Godsil.
Crypto AM shines its spotlight on Bricktrade – a London-based property tokenisation platform February 2, 2022 Bricktrade is the UK's first property investment platform that tokenises real estate assets and opens them up to the possibility of investment from crypto market participants, whilst simultaneously providing real asset-backed investments.
Week ahead: More inflation woe to pile pressure on Bank of England to act July 17, 2022 Inflation bumped higher last month, reinforcing pressure on the Bank of England to motor through rate hikes, according to City analysts. London’s premier FTSE 100 index notched a poor performance last week, losing a shade over 0.5 per cent to finish at 7,159.01 points. The domestically-focused mid-cap FTSE 250 index, which is more aligned with [...]
Sunak: UK has ‘tools at our disposal’ to tackle 40-year high inflation June 28, 2022 The UK has “the tools at our disposal” to tackle the worst inflation spike in four decades, the chancellor urged today. Responding to a grilling by MPs in the house of commons, chancellor Rishi Sunak said Britain is “not immune” to the inflationary “shocks” that are sweeping through the world’s richest economies. Prices have climbed [...]
Interview: Ovo Energy’s boss bets on green future to cement Big Six status April 20, 2023 Ovo Energy’s CEO Raman Bhatia talks about the sector’s latest challenges, from driving renewable energy to rethinking forced prepayment meters.
14 Valentine’s Day ideas in London that don’t suck January 17, 2024 Try these ideas if you're looking for something unusual - and not cliched - to do in London this Valentine's Day
Green Flag hits record profit after price hikes for breakdown customers June 21, 2024 Breakdown recovery firm Green Flag saw its revenue leap last year as additional fees for customers helped to boost its bottom line, according to newly-published results.
A Northern Irish compromise is a balancing act of conflicts August 17, 2022 The Northern Ireland Protocol, the compromise Boris Johnson signed in October 2019 in order to secure Brexit, was – and remains – a running sore first for the Conservative party and now for the Unionist parties in Northern Ireland. The Protocol has effectively created a border down the Irish Sea, with goods moving from mainland [...]