UK high-earners mapped: Where do the UK’s richest people live and how much do people earn in your area? November 21, 2014 Where do the UK’s richest people live? And how rich is your local area? New data from the Office of National Statistics has revealed the areas where Britain’s wealthiest reside. Predictably, not one of is outside the south east of England. According to the ONS, median gross annual earnings increased between 2013 and 2014 by [...]
London house prices: There’s a bold solution to the housing crisis – if councils get out of the way August 6, 2015 Tessa Jowell is the latest mayoral candidate to pledge to build more homes to tackle London’s housing crisis, promising at least 50,000 new properties would be built each year under her watch. The government has also outlined plans for 200,000 new starter homes to be constructed, many also earmarked for the capital. But history tells [...]
How to lose money: Our flawed fixation on the safety of cash is losing us billions every year June 7, 2015 Savers in the UK rely far too heavily on cash. Between us, we have an astonishing £729bn sitting in savings accounts of various kinds, and it’s been earning only around 1 per cent a year on average since 2009. Fifty per cent of that money is in instant access accounts earning less than half that. The [...]
Britain’s future lies in a reformed EU but the Tories are putting that at risk January 8, 2015 When the British people cast their votes on 7 May, they face a real choice. Do they want a Britain hankering for the past, or preparing for the future? Do they want a Britain closed to the world, or open to opportunity? Do they want an economy and a country that works only for a [...]
Britain’s future lies in a reformed EU – but the Tories are putting that at risk January 8, 2015 When the British people cast their votes on 7 May, they face a real choice. Do they want a Britain hankering for the past, or preparing for the future? Do they want a Britain closed to the world, or open to opportunity? Do they want an economy and a country that works only for a [...]
Eurotunnel wants €10m compensation from British and French governments as security costs rise to €13m due to migrant crisis July 22, 2015 The operator of Channel Tunnel, Eurotunnel, wants €9.7m (£6.8m) in compensation from British and French authorities, as it has racked up a €13m security bill due to damage caused by the ongoing migrant crisis. The escalating number of migrants coming from the Mediterranean, looking to enter the UK through Calais, has sent security costs up [...]
Autumn Statement 2015: George Osborne’s speech transcript in full including stamp duty, business rates and corporation tax announcements November 25, 2015 Mr Speaker, this Spending Review delivers on the commitment we made to the British people that we would put security first. To protect our economic security, by taking the difficult decisions to live within our means and bring down our debt. To protect our national security, by defending our country’s interests abroad and keeping our [...]
Misconceptions about housing: These five charts show how wrong we are about rent, house prices and deposits July 14, 2015 Hot on the heels of the Ipsos Mori poll showing that most of us have no idea how much raising children, buying a house, or paying for education cost, the research institute has dug deeper into our insights on housing – and it turns out we’re pretty far off. Just over three quarters of British [...]
Build on the green belt to ease home price crisis, say economists September 21, 2014 ROLLING back the green belt and easing planning laws are needed to address the cost of living crisis, analysts at the Institute of Economic Affairs (IEA) argued today, hitting out at Labour’s plans to cap rents and set conditions on the type of homes built. The think tank argues that house prices have shot up [...]
Lord Browne: Saving the corporation – it’s time to reconnect September 17, 2015 Criticism of big business has long been a favourite pastime of the left. From Jeremy Corbyn to UK Uncut, such campaigners dominate discourse on the disconnect between companies and society, and the solutions proposed to deal with this issue consequently often have a punitive edge, from jailing bankers to renationalising industry. Enter one of [...]