Higher interest rates tipped to accelerate UK house price decline in quiet week for City July 3, 2023 Higher interest rates are set to accelerate UK house prices’ decline, new figures in what will be a quiet week for markets are expected to reveal. Analysts at consultancy Oxford Economics reckon Halifax’s house price data on Friday will show they dropped 2.5 per cent over the last year and 0.1 per cent over the [...]
Buy-to-let landlords in shock as mortgages skyrocket by record 286 per cent December 6, 2022 Buy-to-let landlords are facing a tougher time securing finance due to a significant reduction in product choice and rising mortgage rates, it has emerged. The debate around rising mortgage rates has so far been centred around the strife facing homeowners and families, but it’s also had an impact on buy-to-let landlords, to the detriment of [...]
How to boost business with a pen stroke? Reform international banking fees March 19, 2024 International payments regulation isn't a sexy topic, but reform could be a major boost for small businesses, writes Steph McGovern.
Our country needs economic growth fueled by the Square Mile to exit the current crisis September 4, 2023 To move our country forward, we need economic growth to provide jobs and prosperity. Luckily, the professional and financial services of the Square Mile are here to help, writes Chris Hayward
Cazoo puts New York listing in doubt as it announces major changes March 6, 2024 Cazoo has announced a major change to its business model, plans to cut jobs and the departure of its chief executive.
‘The last thing commuters need’: London business groups slam rail fare hike August 16, 2023 London business groups have slammed a significant government hike in rail ticket fares set to hit commuters next March. The Department for Transport (DfT) has committed to ensuring any fare increase falls below the nine per cent rise in the Retail Price Index (RPI) inflation measure, announced by the ONS on Wednesday morning. Regulated rail [...]
NatWest offers customers chance to win £1,000 this summer via ’round up’ feature May 27, 2022 People saving with NatWest could win £1,000 this summer if they turn on a “round ups” feature on their account. The bank said it will award 10 customers £1,000 each. The round ups feature rounds up the cost of a purchase to the nearest pound and the spare change is automatically paid into a chosen [...]
Overlooking the role of migrant workers will be the death of our housebuilding ambitions August 17, 2024 Labour’s pledge to get Britain building again is encouraging, but we can’t reach their targets without construction workers – and, crucially, immigration, writes Haman Manak Out of all the sectors addressed in Labour’s early days of government, housebuilding has been one of the big winners. Starmer and co have promised to build 1.5m homes over [...]
Explainer-in-brief: What’s inside the anti-strike laws the government is introducing today? January 10, 2023 Today the government proved it wasn’t prepared to abandon its carrot and stick approach to the unions just yet, bringing in anti-strike legislation. Business secretary Grant Shapps said there was a “duty to protect the public access to essential public services”, and called it a “common sense approach”. The rules will mandate that critical industries [...]
Week ahead: UK economy to narrowly avoid recession but GDP still expected to shrink February 5, 2023 The UK economy narrowly avoided a recession at the end of last year, new official figures out this week are expected to reveal. City traders think new GDP numbers from the Office for National Statistics on Friday will show the economy contracted 0.3 per cent in December, meaning the UK will have just about skirted [...]