Property transactions surge to record high in June July 21, 2021 UK monthly property transactions hit a record high in June as prospective homebuyers scrambled to complete purchases before the stamp duty holiday tapered at the end of the month, new figures released today show. HMRC said seasonally adjusted monthly transactions in June reached 198,240, the highest since records began. Read more: House prices surge 5.7 [...]
UK set for major EU row as Frost prepares to redraw Northern Ireland Protocol July 21, 2021 The UK is set to force another major post-Brexit row with the EU as it prepares to demand significant changes to the Northern Ireland Protocol today. Defacto Brexit minister Lord David Frost will reportedly call for almost all checks between Great Britain and Northern Ireland to be removed to avoid economic and civil disruption. The [...]
US stocks rebound after heavy losses July 20, 2021 US stocks recovered from a battering yesterday during the morning session as investors purchased assets that looked cheap after Monday’s falls. All the US’ main benchmarks rose in the morning. The blue chip S&P 500 was up 1.12 per cent; the tech-heavy Nasdaq increased 0.73 per cent and the Dow Jones added 1.49 per cent. [...]
Frost expected to threaten to break with Northern Ireland Protocol on Wednesday July 19, 2021 Boris Johnson’s defacto Brexit minister has confirmed he will update parliament on the Northern Ireland Protocol this week, with rumours swirling he will threaten to deviate from the post-Brexit arrangement. Lord David Frost told a parliamentary committee meeting today that the protocol “must work in a different way if we’re to find the stable route [...]
Companies boosted by Covid rank among the worst market performers July 19, 2021 Companies boosted by the onset of the Covid crisis rank among the worst performers on the market over the last year. Takeaway delivery company Just Eat Takeaway.com has benefitted from a surge in orders since the arrival of the virus as a result of Brits rushing to find substitutes to dining out during lockdowns. However, [...]
House prices surge 5.7 per cent to reach another record high July 19, 2021 Property prices have reached another record high, highlighting that demand in the housing market is still running hot, new figures released today reveal. The average price of a property coming to market jumped 5.7 per cent annually to £338,447 in July, according to property search site Rightmove. Prices rose 0.7 per cent over the last [...]
Belu CEO, Natalie Campbell, on how the ethical bottled water company navigated the pandemic July 19, 2021 Natalie Campbell faced an instant crisis when lockdown began just days after she became CEO of Belu. She tells Lysanne Currie how the ethical bottled water company navigated the pandemic, and is now ready to thrive once more. This article first appeared in ICAS’ CA magazine. Natalie Campbell was just 15 when she decided she [...]
Weekend Read: Job market tension threatens to derail Britain’s economic recovery July 17, 2021 The UK labour market is roaring back to life. After months of being shuttered due to Covid, businesses are finally welcoming customers back through their doors – and ramping up hiring to cope with soaring demand. Companies added 356,000 workers to payrolls over the last month. Total weekly hours worked has reached its highest level [...]
How to discover new wines without breaking the bank July 15, 2021 When it comes to choosing a wine, people tend to stick to what they know. A recognisable wine like a Malbec or a Sauvignon Blanc can feel like a safe bet, or you may be wary of mispronouncing a wine you have never seen before to that snooty looking waiter. Restaurants know the more popular [...]
Government slammed for being in ‘an unholy mess’ over Chinese takeover of UK’s largest chip plant July 15, 2021 Former Conservative leader Sir Iain Duncan Smith warned the Government is in an “unholy mess” over its approach to business deals involving China, particularly with regards to the Chinese takeover of the UK’s largest chip plant. He accused ministers of running a “project kowtow” by failing to block the sale of the British microchip manufacturer [...]