House prices continue climb but signs of slowing begin to show September 7, 2021 House prices increased to another record high in August but the pace at which they are climbing is slowing. Monthly growth sat at 0.7 per cent in the month just gone, leaving prices up 7.1 per cent year on year, according to the Halifax House Price Index. The latter figure is down from 7.6 per [...]
Vodafone creates 7000 news jobs in Europe and Africa October 21, 2021 The UK telecommunications company has unveiled plans to add 7,000 new software engineers to its workforce by 2025.
As first time buyers save for an average of four years, half of them give up on ownership dream March 5, 2022 First-time buyers are saving for an average of four years in order to raise the deposit to get on the property ladder, new research showed today. The number of first-time buyers rose to nearly 410,000 last year with average deposits estimated at around £53,935 but affordability is still being squeezed with house prices estimated to [...]
It’s time to break the social housing stalemate and build affordable homes October 12, 2021 When you’re losing in a game of chess, you try to end it with a stalemate: no one wins and no one loses. The game ends in a draw. The social housing system in the UK finds itself exactly in this position. The difference is that someone is losing: the scores of families stuck on [...]
City impact investment chief Jim Roth on greenwashing: ‘If you can’t measure it, you cannot manage it’ August 31, 2022 So-called “green” investment claims, and the substance behind them, are dominating the agenda of many City firms and the wider UK business community. ESG disclosure regimes aim to counter “greenwashing” by requiring financial firms who have marketed their investment products as “green” to disclose data relevant to their investments’ sustainability. However, the relatively new City [...]
Focus on: Why magic Marylebone is the new prime hotspot February 5, 2022 Marylebone, known for its Georgian architecture, is an area that has carefully preserved its past. But how has the area changed over the last decade? “The Portman Estate has played a large part in the transformation of the area,” says Priya Black, head of Baker Street new homes at Knight Frank. “Marylebone has a broad [...]
Decentralised assets – gold, silver, Bitcoin – has their time come? January 31, 2023 Jonny Fry takes a look at how decentralised assets line up against global debt and the way investors will want a digital future.
Kwarteng: No grants to energy big boys to take on more customers September 24, 2021 GRANTS to larger energy firms to absorb new customers are “categorically” off the table, the business secretary told MPs yesterday. Speaking in the House of Commons, Kwasi Kwarteng said that there was an existing process to deal with customers of energy firms that collapsed, the supplier of last resort. When a firm fails, customers are [...]
Lord Cruddas’ CMC Markets on track for new trading platform amid tumultuous pandemic January 26, 2022 CMC Markets meets full year guidance as client money trends, especially in Australia, drive "confidence" for the firm and keep assets "close to record highs".
How the City is celebrating King Charles III’s Coronation: An ancient sceptre, velvet robe and glowing Tower Bridge May 5, 2023 The Square Mile is set to play a crucial role in His Majesty King Charles III’s Coronation weekend, with 700-year-old traditions including an ancient crystal sceptre given to the City by Henry V and regal robe from Queen Elizabeth’s crowning in 1953. City of London Corporation head, Lord Mayor Nicholas Lyons, will be participating in [...]