London life: Why even the wealthy are paying more, as cost of renting in hot spots soars May 9, 2023 The wealthy are not immune to the capital’s strained housing market with rent in prime London locations including Chelsea and Mayfair rising 50 per cent in just two years due to a lack of supply. The average rent of premier London pads grew by 50 per cent in the 24 months to April, according to [...]
National service will damage the economy May 30, 2024 Forcing every 18-year-old into unpaid national service will harm our already decimated hospitality, retail and leisure sectors
Oil prices show signs of recovery after banking crisis subsides and commodity investors reassured March 17, 2023 Oil prices suffered their biggest weekly falls since December as a banking crisis rocked financial markets and spooked investors.
Covid to be like the common cold – one day, says AstraZeneca vaccine co-designer September 23, 2021 It is likely that Covid-19 will become just like the common cold, the professor who co-designed the AstraZeneca vaccine has said. However, the big question remains as to how long it will take to get there, Dame Sarah Gilbert explained. Speaking to a Royal Society of Medicine webinar, Gilbert assured that Covid-19 will “eventually” become [...]
From frumpy fashion to TikTok trendsetter: How M&S regained its high street crown November 8, 2023 Marks & Spencer (M&S) has once again found itself back in fashion with investors and shoppers, posting a near £100m in rise in profits in its half year results. Shares in the company rocketed over 10 per cent this morning after the century-old business said its turnaround plan which intends to make the brand look [...]
UK coronavirus: Sixth Brit dies as Covid-19 infections hit 373 March 10, 2020 A sixth person has died after testing positive for coronavirus in the UK, as the number of confirmed cases rises to 373. The patient, who was in their eighties and had underlying health conditions, was treated by West Hertfordshire Hospitals NHS Trust. Chief medical officer Professor Chris Whitty said it appeared that the virus was [...]
Oil markets stabilise after Credit Suisse crisis sank prices to a15-month low March 16, 2023 Oil markets have calmed after sliding to 15-month lows yesterday, with tensions easing after Credit Suisse was given a £45bn emergency loan.
BEIS splashes £30m on data scientists March 23, 2022 The Department for Business, Energy and Industrial Strategy has more than quadrupled the number of data analysts and data scientists it employs, with a 408 per cent increase in expenditure since 2017, according to official figures. The data was obtained via the Freedom of Information (FOI) Act and analysed by the Parliament Street think tank [...]
Explainer: Why Hunt extended energy support in the Budget March 15, 2023 One of the first announcements in today’s Budget was an extension on the energy price cap, keeping it at its current rate of £2,500 per household until the end of June. The cap was meant to expire next month, but Jeremy Hunt capitulated to the campaigners’ pleas and u-turned. He also probably realised he had [...]
PMI: British factories shake off Plan B to clear swelling order backlog February 1, 2022 British factories shook off the Omicron variant and Plan B to focus on clearing a swelling backlog of work, reveals a closely watched survey released today. Business among UK manufacturers climbed at the fastest pace in half a year in January, driven by factories tackling mounting order books built up during 2021 when the trading [...]