Dominic Raab says Joe Biden and the US has ‘no greater ally’ than UK November 8, 2020 Foreign secretary Dominic Raab has said the US has “no greater ally or dependable friend” than the UK as Downing Street prepares for a Joe Biden White House. The foreign secretary told the BBC he was “excited” to work with Biden and was “confident” the UK will be able to smooth any fears he may [...]
US Election: Biden’s (almost certain) win: How it happened November 6, 2020 Live updates on the US Presidential Election 2020 as Donald Trump and Joe Biden go head to head. Rolling coverage as Americans vote.
UK house prices see fastest growth in four years but monthly rate slows November 6, 2020 UK house prices grew at their fastest annual rate since 2016 in October, new figures have shown, although month-on-month price growth slowed considerably. House prices jumped 7.5 per cent in October, according to the Halifax house price index, compared to 7.3 per cent in September. Yet growth slowed to just 0.3 per cent when looked [...]
Airbnb suspends 800 party houses in crackdown on antisocial behaviour November 6, 2020 Airbnb has suspended more than 800 UK property listings as part of a crackdown on party houses. More than 13,500 booking requests have also been blocked as part of a pilot to prevent under-25s to rent homes close to where they live in a bid to stop anti-social behaviour. Airbnb removed listings that have received [...]
Rishi Sunak extends furlough scheme until end of March November 5, 2020 Chancellor Rishi Sunak has extended the furlough scheme until the end of March, following days of wrangling over fresh financial support for businesses during the second national lockdown. The furlough scheme, which was due to wind down last Saturday, will be rolled out for the next five months — a year after it was first [...]
Separatist Scots beware: A new Scottish currency would be catastrophic November 5, 2020 Some 12 out of the last 15 opinion polls on Scottish secession have shown majority support for splitting up the United Kingdom. During a period of unprecedented crisis, Scots have chosen to rally round the flag — only this time the flag is that of Scotland, not the UK. However, while polling numbers may be unnerving [...]
FTSE 100 closes higher and US stocks jump amid election uncertainty November 4, 2020 The FTSE 100 closed on a high and US stocks shot up as traders sought out the safety of recent corporate success stories in the face of a knife-edge presidential election. Wall Street’s major indices all opened higher as the race for the White House went down to the wire, despite investors remaining worried about [...]
Carlyle Group buys UK retirement homes group Beechcroft November 4, 2020 Private equity firm The Carlyle Group has acquired UK retirement homes group from Alchemy Partners for an undisclosed sum. The US investment giant’s €540m Carlyle Europe Realty fund invested in Beechcroft, which owns a portfolio of homes in Greater London and South East England. Founded more than 35 years ago, Beechcroft covers the entire development value [...]
‘Markets got what they really did not want’: The City reacts to knife-edge US election November 4, 2020 Investors didn’t want this to happen. They had bet on a Joe Biden win in the US presidential election that they hoped would unleash a big stimulus, but found themselves rapidly adjusting their positions as the race became too close to call. Bonds and the dollar rose as investors sought safety. US stocks were volatile, [...]
Trump or Biden: Who would be better for the UK? November 3, 2020 Trump or Biden: Who would be better for the UK? JOIN THE DEBATE Sarah Elliott, chair of Republicans Overseas UK, says TRUMP When I turn the radio tomorrow morning, I hope that the BBC will announce a victory for President Donald J. Trump — and not just for America, but for the sake of the [...]