House price growth falls for fourth consecutive month, worst run since 2008 December 30, 2022 House prices have plummeted for the fourth consecutive month by 2.8 per cent in December, the worst run since the financial crisis of 2008. Nationwide’s latest House Price Index shows this month proved to be another sharp slow down in growth down from 4.4 per cent in November. House prices fell by 0.1 per cent [...]
RAF launches strikes in Yemen in retaliation for Houthi Red Sea shipping attacks January 12, 2024 Yemen: The RAF, in concert with the Americans, have launched strikes on Houthi rebel facilities in an effort to bring to an end Red Sea shipping disruption
Brits hunker down for cost of living pinch as experts project spending pullback March 8, 2022 Brits are battering down the hatches in preparation for rampant inflation hitting their finances, reveals fresh research published today. Around nine in 10 households are concerned about the impact rising food prices and overall inflation will have on their ability to maintain spending levels, according to Barclaycard. The research was carried out before the Russia-Ukraine [...]
The Notebook: Victoria Scholar on defensive plays, BA’s new uniforms and Elon Musk’s fall from fortune January 10, 2023 The Notebook is a new feature for 2023, allowing the City’s biggest names to get a few thoughts off their chest. Today it’s the turn of Victoria Scholar, Head of Investment at interactive investor It has been widely reported that the UK is on the brink of recession while a third of the global economy [...]
Keir Starmer: Major UK business chiefs back Labour leader May 16, 2024 Keir Starmer has secured the backing of top business leaders, with the Boots boss and chief executive of housing developer Thakeham endorsing his party today. Their support was unveiled at a rally-style campaign event which saw the Labour leader and his shadow cabinet announce his six pledges which they call their “first steps for change”. [...]
NIESR top economist: Bank of England has tools to fight inflation May 30, 2022 The UK economy is in a bit of a bind. Households are being squeezed by historic rises in their living costs, while businesses’ margins are thinning due to expenses soaring. A much higher than expected inflation crunch – primarily the result of Russia’s unforeseen invasion of Ukraine – is forecast to trigger a spending pull [...]
The New Reason People Don’t Want To Come Back To The Office April 3, 2023 More than a third of UK workers would quit their current role if their employer demanded they return to the office full time. That’s according to recent data which found that 32% would move to a different industry, 19% would take a pay cut, and 30% would adopt a new career in order to continue [...]
New Zealand halves public transport fares amid soaring inflation, fuel prices March 15, 2022 New Zealand has halved prices for public transport in response to soaring fuel costs sparked by the war in Ukraine. Its Prime Minister Jacinda Ardern made the call saying the “global energy crisis has quickly become acute”. However, her government has been criticised for the rising cost of living even before the war started, with [...]
Strong performance on price of Bitcoin after stablecoins recover peg and staked Ether withdrawals near March 20, 2023 Data from CryptoCompare shows that the price of Bitcoin surged from around $22,000 at the beginning of last week to now change hands above the $28,000, with the cryptocurrency market having outperformed other assets over the last few days. Ethereum’s Ether, the second-largest cryptocurrency by market cap, moved similarly to BTC, jumping from around $1,580 [...]
London’s housing supply is not fit for purpose, and we need a bit of bravery to fix it May 16, 2022 The housing market in London is extremely hard to navigate. Students looking for a flat to rent with two or three friends often have to give up on the idea of a living room for reasons of price. Older couples who might want to relocate after the kids have moved out often don’t, because there’s [...]