Half of trains delayed or cancelled: London’s worst train station revealed October 16, 2018 Clapham Junction has been revealed as the worst train station in London with more than half of all trains running late or being cancelled so far this year. Research conducted by Which? found that South Western, with 60 per cent of trains late or cancelled, and Southern, 58 per cent, were the worst rail operators [...]
Five things we learned from the Premier League this weekend: Moura the man, Alonso the alternative, Arsenal’s defence shaky and more August 27, 2018 Jose Mourinho’s selection roulette did not pay off tonight. The Manchester United manager made six changes, mixing his squad up to face a familiar-looking Tottenham side. After a first half in which both sides missed countless opportunities, Spurs made their move as Harry Kane and Lucas Moura prompted chants of “you're getting sacked in the [...]
‘Waitrose of the north’ posts £2.2m sales loss amid trading pressures October 15, 2018 Booths, the Lancashire-based supermarket chain dubbed “the Waitrose of the north” for its focus on high-quality food, posted a £2.2m loss on sales but cut its overall losses in half, its latest results revealed. The family-owned-and-operated supermarket, which has 28 stores across Lancashire, Yorkshire, Cumbria, Cheshire and Greater Manchester, saw its losses before taxation fall [...]
Treasury under fire following allegations it had ‘influence’ over RBS GRG unit January 30, 2019 The Treasury has been accused of a “flagrant breach” of the arms-length relationship it had with RBS during the financial crisis following allegations that a Whitehall agency exerted influence over the bank’s controversial restructuring unit. On Tuesday allegations came to light via a legal claim by one of RBS’s former customers, Oliver Morley, that the [...]
Like southern Europe, Britain’s stagnant regions are stuck in a monetary union trap November 28, 2018 The Economic Statistics Centre of Excellence created a bit of a stir at the end of last week with its estimates of growth in the regions of the UK. Since the recovery from the financial crisis began during 2009, London’s economy has grown by 26 per cent. At the other end of the scale, output [...]
High Court to examine allegations of Treasury involvement in scandal-hit RBS GRG unit February 10, 2019 The Treasury’s role in determining the strategy and actions of RBS’s disgraced restructuring unit GRG is to be examined in court for the first time after a High Court judge ruled the issue was relevant to a £100m claim being pursued by a Manchester-based property developer. The court ruling on Friday allows Oliver Morley, who [...]
Opinion: Tech hubs, new transport, and space near the city centre – why Birmingham is a smart place to buy property December 11, 2018 Birmingham continues to hit the headlines at the moment, with several factors converging to make investment in residential property particularly attractive right now in the UK’s second largest city. Everyone’s heard of the HS2 transport infrastructure, which is lined up to connect the city to London in 49 minutes. But HS2 also shifts the conceptual [...]
Uefa figures reveal Leicester banked more money from Europe last season than Champions League winners Real Madrid and Europa League winners Manchester United October 20, 2017 Leicester City made more money from playing in Europe last season than Champions League winners Real Madrid, new figures from Uefa reveal. The European football governing body has published the exact sums earned in prize money and TV payments by clubs playing in the Champions League and Europa League last season. Leicester, currently in the [...]
Home-owning pipe dream edges out of sight as first-time buyers need a £53,000 income to buy a house September 27, 2018 The average income needed for a first-time buyer to jump onto the property ladder has shot up 18 per cent in the last three years, in the latest sign that the dream of homeownership is becoming increasingly distant for many young professionals. Only three out of 20 major UK cities have become more affordable [...]
Pay for bosses at star architect Norman Foster’s firm triples September 16, 2018 Payments to partners in the firm of star architect Norman Foster more than tripled last year despite a fall in profits. Foster and Partners bosses shared £23.4m in the year ending in April, up from £7m last year, according to the firm’s latest annual filing. The firm, the largest architecture practice in the UK with [...]