Inflation hit costs British households £24bn in 2017 January 15, 2018 The rising tide of inflation has cost British households an extra £24bn in 2017, with commuters suffering the most, new analysis to be published today will reveal. The increase in inflation seen from 2016 to 2017 cost Britons more than £900 per household, according to Simon-Kucher and Partners, a consultancy. The rise in transport prices [...]
Housing reform is the only way to solve generational inequality May 10, 2018 This week, the Resolution Foundation published a report entitled A New Intergenerational Contract. The report, from the think tank’s Intergenerational Commission, found that millennials (born 1980-1996) are now half as likely to own a home at age 30 as baby boomers were. Four out of 10 millennials now rent privately at age 30 – double [...]
Tottenham Hotspur Stadium: Why don’t Spurs have a naming rights deal? | City A.M. July 26, 2018 Back in October 2008, when Tottenham’s new stadium project was still in its infancy, chairman Daniel Levy addressed the opportunity to sell the naming rights to their proposed new ground. “It’s a necessary and critical component of financing a modern football stadium,” he said. Yet six weeks out from the £850m venue’s official opening, Spurs [...]
How the founder of Push Doctor hopes to take the stress away from the NHS June 4, 2018 Nowadays, it’s rare to hear any mention of the NHS without the word “crisis” trailing closely behind. Increasing patient numbers and the worst winter period on record have left the NHS bowing under the pressure. A recent report from the Institute of Fiscal Studies and the Health Foundation said taxes would have to increase by [...]
Winter chill on house prices after second consecutive fall says Halifax February 7, 2018 House prices in the UK fell for the second successive month at the start of the year, pulling annual growth to its lowest level since June last year. The 0.6 per cent fall in house prices reported by Halifax came as a surprise to analysts, who had expected the index to edge up in January. [...]
Inflation stays at three per cent despite expectations of a dip February 13, 2018 Consumer price inflation (CPI) remained at three per cent in January, unchanged from the month before, according to the Office for National Statistics (ONS). CPI is the rate at which the prices of goods and services bought by households rise or fall. CPI including owner occupiers’ housing costs was 2.7 per cent, also unchanged month-on-month. [...]
Editor’s Notes: Delusional EU chiefs need to wake up and see the warning lights May 11, 2018 Some institutions are so intransigent, so inflexible and so bloody-minded that their inability to change, even when faced with immense pressure, elicits a grudging respect. So it is with the European Union. As things stand, the EU is facing enormous challenges: the UK is leaving and will, over time, deprive the project of vital funds. [...]
Brexit vote live: MPs vote to delay Brexit by extending Article 50 beyond 29 March March 14, 2019 Hello and welcome to City A.M.’s Brexit live blog for the second of potentially three huge votes on the UK’s departure from the EU. Prime Minister Theresa May was defeated in the House of Commons in a second vote on her Brexit deal on Tuesday, losing by 391 votes to 242. Last night, MPs voted [...]
The City is coming together to end stigma around mental health in the workplace March 19, 2018 If you asked a City employer what their most valuable assets were, you’d hope most of them would answer “our people”. But how can you look after assets as complicated as people? At any one time, one sixth of the working-age population of Great Britain experience symptoms associated with mental ill health, and with the [...]
Brexit deal live: UK would vote to remain in EU in a second referendum January 17, 2019 Hello and welcome to our Brexit vote live blog. Stay tuned for reaction to Labour's no confidence vote yesterday, after Theresa May's Brexit deal slumped to a historic defeat in parliament on Tuesday night. Please manually refresh this page for the latest updates What you need to know: The Prime Minister’s deal was defeated by [...]