Chancellor considers taxing foreign home owners in bid to curb bubble October 31, 2013 The UK is considering imposing new taxes on foreign property owners in a move to check what many see as an emerging housing bubble in London and the South East, reports Sky News' economics editor, Ed Conway. Chancellor George Osborne is investigating the possibility of enforcing capital gains tax on foreign owners of British properties [...]
Galliford Try housing sales reach record high after strong season November 19, 2013 GALLIFORD Try said yesterday that housing sales had leapt by 21 per cent to a record £585m after a strong autumn selling season. The British housebuilding and construction group said £485m of those sales were for the current financial year to 30 June 2014, up 33 per cent on last year. Sales prices have increased [...]
Our innovative Heathrow plan could expand capacity without huge costs November 28, 2013 IN JUST three weeks, Sir Howard Davies and the Airports Commission will publish a shortlist of ideas to solve a problem critical to Britain’s future success – how to enhance our airport capacity. We hope that our innovative Heathrow Hub concept – which is unconnected to any proposals from the current airport owners – will [...]
Inside Track: It’s about time the City’s watchdog got its act together December 4, 2013 WERE British banks engaged in a corrupt pact to bankrupt struggling business customers? The evidence from dossiers compiled by the businessmen Lawrence Tomlinson and Neil Mitchell is superficially shocking, although as yet inconclusive. Anecdotal evidence that Royal Bank of Scotland’s global restructuring group has nudged clients into administration when alternative outcomes were achievable have circulated [...]
Rod street chief executive British Champions Series October 17, 2013 QIPCO British Champions Day has, in just two short years, become one of the world’s most important race days and we’re delighted with the entries for this year’s showpiece. With the winners of the 2000 Guineas, the Derby, the Oaks, the Ascot Gold Cup and three top-class victors from Arc day set to face the [...]
Somersby to provide emotional success for Knight and Channon January 16, 2014 TERRY Biddlecombe, the three-time champion jockey, will be laid to rest today and there won’t be a dry eye in the house at Ascot tomorrow if SOMERSBY, formerly trained by his wife Henrietta Knight, gives him the perfect send off in the Sodexo Clarence House Chase (3.35pm). Biddlecombe and Knight hit the headlines when Best [...]
There’s much more to the financial services industry than London November 20, 2013 THE FRUITS of Britain’s banking industry stretch well beyond the Square Mile and Canary Wharf. This morning, for example, I will be speaking to members of Manchester’s business community. When it comes to picking impressive banking hubs, you may not think of the northern city that gave us Thomas de Quincey, Emmeline Pankhurst and the [...]
Gone Girl tops UK box office as Ben Affleck helps David Fincher land best-ever opening weekend October 5, 2014 Take a best-selling book already established as a worldwide phenomenon, add a Hollywood heartthrob and one of Hollywood’s most critically acclaimed directors and….boom! You have a box office smash. “Gone Girl”, David Fincher’s adaptation of the wildly successful Gillian Flynn novel of the same name, has raced straight to the top of the UK [...]
The airport shortlist is out: Politicians must now promise to let Britain grow December 17, 2013 THE INTERIM report of Sir Howard Davies’s Airports Commission, released yesterday, is the perfect wake-up call to our political leaders. Expanding London’s airports is critical to Britain’s future economic well-being. And it can’t wait any longer. Davies’s two key findings are spot on. First, Britain doesn’t have enough runways to meet the demands that will [...]
Chelsea land £10m Loic Remy as transfer deadline day arrives August 31, 2014 France striker Loic Remy is targeting Champions League glory with Chelsea after the Premier League’s early pacesetters moved swiftly to wrap up a £10.5m deal before tonight’s transfer deadline. Remy’s short move across west London from QPR allowed £50m misfit Fernando Torres to leave Stamford Bridge for AC Milan on what is officially a two-year [...]