Forget Angelina Jolie: Support bees this week by drinking rum May 21, 2021 If you hadn’t already gathered from the pictures all over the internet of Angelina Jolie covered in bees – well, more of a smattering than a covering to be fair – this week is Bee Awareness Week, when the plight of the bee should be foremost in our minds. Wyre Forest’s eco-distiller Wildjac’s Honey Spiced [...]
Westminster must stop City of London ‘neglect’, says ex-Johnson adviser May 21, 2021 The government must stop its “policy of benign neglect” toward the City of London and urgently bring in financial services regulation reforms, according to Boris Johnson’s former economic adviser. In a report released by centre-right think tank Policy Exchange, Dr Gerard Lyons called for a strong stance on parting from the EU’s financial services regulations [...]
Big boost for central London property as buyers consider office return May 20, 2021 Demand for city centre apartments is returning fast in Britain after buyers opted to work in rural locations during the pandemic, according to a new survey. Rightmove said flats are now the most in-demand property type for the first time in ten years, with buyer interest up 39 per cent since January. The rise is [...]
Investor confidence booms for UK and European markets May 19, 2021 Investor confidence has risen for both UK and European markets, with the accelerated roll out of vaccines likely to be driving the renewed optimism. Investor confidence in the UK rose another four per cent to a record high for the year, while confidence in Europe is up 28 per cent compared with April 2021, according [...]
London houses now average £500,000, as UK-wide prices rise at fastest rate in 14 years May 19, 2021 London houses now average £500,000, as UK-wide prices rise at fastest rate in 14 years
Frost: City of London needs to ‘get on and do its own thing’ post-Brexit May 18, 2021 Lord David Frost has said City of London firms need to “get on and do its own thing” post-Brexit as he signals that equivalence is unlikely. Boris Johnson’s UK-EU relations minister also told a House of Lords committee today that Brussels will continue to take decisions on equivalence that are “in their interest”. UK financial [...]
City A.M. TV: Market Snapshot May 17, 2021 In today’s video we examine the question of whether or not Bitcoin provides any insight into the global equity market direction.
Jobs optimism among employers soars to eight-year high May 17, 2021 Optimism among UK employers has hit an eight-year high, with all sectors expecting a post-Covid jobs recovery, according to a new survey. Jobs in the public, private and voluntary sector are all set to surge and pay prospects have also improved, according to the latest labour market outlook report from the Chartered Institute of Personnel [...]
Average house prices hit new record but London prices stay still May 17, 2021 The recent surge in house prices shows no signs of slowing down, with May seeing a new national record for the price of property coming to market. According to Rightmove’s House Price Index, the cost of the average property rose 1.8 per cent this month, to £333,564. The boom in prices is largely driven areas [...]
What top London chefs really think about Instagram May 14, 2021 Heston Blumenthal is famously exacting about the dining experience. He tries to create “sensory memories”, controlling not only the way his dishes look and taste, but what his diners are listening to while they eat. His The Sound of the Sea, a signature dish at The Fat Duck, came with an iPod Nano playing, well, [...]