Ukip’s Nigel Farage claims “corporatism” has made us “victims of the economy” February 12, 2015 Today, Nigel Farage spoke of the dangers of “corporatism” during a speech on Ukip's vision for the future of Britain. At Castle Point in Essex, where Ukip candidate Jamie Huntman is currently standing, Farage said the current system made us “victims of our own economy”, and that we are living under a “lethal [...]
Deloitte helps graduates on its scheme with East Village flats in London September 10, 2015 Deloitte, one of the Big Four accountancy firms, is helping its new graduate intake navigate London's housing crisis by reserving more than 40 flats in the former Olympic Athletes’ Village. The firm has joined forces with Get Living London, owner and manager of privately rented homes at what's now the trendy East Village, to help junior staff [...]
Labour spin isn’t shot to pieces quite yet – Bottom Line February 18, 2015 Yesterday marked the 10th anniversary of the ban on fox hunting, but the positive economic news that came out had many wondering if Labour’s campaign fox had been shot. Good economic news is undoubtedly a boost for the coalition parties’ election hopes. This is particularly true of the Tories, who have put their “long-term economic [...]
Behold the era of market meddling: Whoever wins the General Election, the age of intervention is upon us April 23, 2015 In the run up to every General Election, the business community voices its concerns over what a Labour government would mean for UK plc. There is the regular letter to The Telegraph, signed by 100 business leaders, in a show of support for the Conservatives. There is much worry, and some hysteria too. Many readers [...]
Employee exodus: The housing crisis is now a dire threat to the future of London’s businesses October 11, 2015 Tomorrow will see a key intervention in the housing debate. Business leaders from across the capital will launch a major campaign called Fifty Thousand Homes. That’s the number of houses we need to build a year to keep up with London’s growing population. Housing costs are becoming a problem for employers as much as [...]
Living standards are finally recovering – but we ignore poor productivity at our peril March 4, 2015 The metamorphosis of Labour’s attack lines on the economy has been a sight to behold. In the early years of this Parliament, the party argued that spending cuts were being implemented “too far and too fast”. After that came the infamous “flat-lining growth” hand gesture, and finally the “cost of living crisis”. This latter criticism [...]
London property price boom is making flatshares unaffordable for the capital’s residents October 6, 2015 Not only is London the most expensive place to buy a property in the UK, and seemingly getting pricier all the time, it is also becoming increasingly difficult to live in a flatshare in the capital. The average monthly price for a rented room in London is £692.30, according to data from flatshare website [...]
City A.M.’s journalists take a look at what 2016 has in store for the world of finance and business January 4, 2016 BANKING Strengthening outlook despite more regulatory bumps ahead Bank of England governor Mark Carney may have declared the banking crisis officially over at the end of last year, but 2016 looks to be far from a challenge-free year for Britain’s biggest banks. To be sure, all seven of the UK’s leading lenders passed the Bank’s [...]
Autumn Statement 2015: George Osborne’s Help-to-Buy and other housing budget announcements are little more than empty rhetoric November 25, 2015 George Osborne’s big news today was the announcement that the government “chooses to build” and will double the housing budget to £2bn, reforming the housing system and pumping £7bn into building 400,000 more affordable homes. Described as "the biggest affordable housebuilding programme since the 1970s", it's great news for those in desperate need of affordable housing. However [...]
Conservatives name Zac Goldsmith as candidate for London Mayoral Election 2016 October 2, 2015 The Conservatives have chosen their man for next year's London mayoral race: Zac Goldsmith, who was widely expected to win the online primary. In a statement this morning, the Conservative party said Goldsmith received 70 per cent of the online vote – way above runner-up Syed Kamall, who clinched 16 per cent. The decision will [...]