Michael Gove faces an uphill battle to turf out the medieval long leaseholds April 11, 2023 We are one of the few countries left in the world with a leasehold system for our homes - where people own their flat, but not the land on which is built. This comes with problems, writes Elena Siniscalco
RMT deals TfL umpteenth blow announcing two-day strike in March February 4, 2022 The National Union of Rail, Maritime and Transport Workers (RMT) has dealt Transport for London (TfL) the umpteenth blow as it announced this morning a two-day strike. The day-long industrial actions will take place on 1 and 3 March and risk causing the closure of the entire London Underground network. The move was voted by [...]
Sunak says Truss’ cost of living plan ‘won’t touch the sides’ August 8, 2022 Rishi Sunak has launched a fresh attack on leadership rival Liz Truss, saying today that her plan to make tax cuts next month won’t “touch the sides” for families facing a worsening cost of living crisis. Sunak said “bolder action” was required to “protect people from the worst of the winter” amid fresh predictions energy [...]
Barclays halts job cuts while coronavirus crisis ongoing April 14, 2020 Barclays has halted new job cuts while the coronavirus is ongoing the bank said in a memo. Barclays said it is also supporting staff in the process of being made redundant, the memo seen by Reuters said. The lender said it would support staff by paying up to 80 per cent of an employee’s wages [...]
Mark Kleinman: This licence to print money may soon run out of road April 6, 2023 How’s that licence to print money going? Not so well if you’re a long-standing investor in De La Rue, the authentication and currency specialist which has managed to squander a market-leading position and hundreds of millions of pounds in shareholder value. Oberthur Technologies, its French-based peer, tabled an indicative offer in 2010 worth 905p-a-share, or [...]
Battle brewing over ‘unreformed and generous’ TfL pension scheme August 4, 2021 Sadiq Khan is gearing up for a battle with Transport for London (TfL) staff after a report on the transport operator’s finances found its pension scheme was “expensive, unreformed and generous”. According to the Telegraph, advisers to London’s Mayor have said that the current scheme is more beneficial for workers than models used by Network [...]
Chaos has made it easy for Labour, but there is an uphill battle to repair the damage October 21, 2022 The chaos of the past 44 days will force Starmer to set aside the schemes of socialists and the dreams of liberals, and instead do the work the Tories have ignored.
Exclusive: Fintech Review author pushes ministers for capital markets overhaul April 4, 2022 The author of a government-commissioned review of fintech has written to ministers warning major reform of the UK’s capital markets is needed if they are to compete on the world stage, City A.M. has learned.
Tube strike brings London to a standstill as Uber raises prices due to increased demand August 19, 2022 London has been paralysed by a strike from workers on the Underground, Overground and bus service, as private hire taxi services like Uber and Bolt raise prices due to increased demand. All London Underground lines are closed on Friday 19 August following a walk-out called by around 10,000 members of the RMT Union on the [...]
Even if you do buy a home, the pestilence of service charges could make it unaffordable May 10, 2023 Tenants and leaseholders have been paying thousands of pounds of overcharge for the services provided by their housing associations because of a lack of oversight and accountability, writes Elena Siniscalco