Brexit looks like a footnote compared to Trump win, says Barclays boss Jes Staley November 16, 2016 The impact of June's Brexit vote is overshadowed by Donald Trump's recent triumph in the US race for the White House, the boss of Barclays said today. Trump's surprise victory last week did little to rock the markets in the immediate aftermath, but the new president-elect is still yet to flesh out the details of his policies. [...]
“We are heading into a world of unprecedented political risk”: Seven investors react to Donald Trump’s victory November 9, 2016 In a poll last week, 80 per cent of financial advisers predicted a Donald Trump victory in the US election would have a negative impact on investments. Just four per cent of the 202 UK independent financial advisers surveyed by Opinium Research said it would be positive. With that in mind, here are the early [...]
Autumn Statement TL;DR? Here’s our at-a-glance guide November 23, 2016 Chancellor Philip Hammond spoke for around an hour while delivering today's Autumn Statement. If you don't have time for that, here's our at-a-glance overview of the announcements you need to know: Economics, public spending and politics The Office for Budget Responsibility (OBR) forecast for growth increased to 2.1 per cent, up from two per cent, for 2016, but [...]
Lost UK influence over EU financial services regulation could come back to bite the City October 26, 2016 Theresa May’s suggestion at the European Council meeting in Brussels last week that the UK would continue to play a role in EU institutions and their respective decision-making processes post-Brexit was met with thinly disguised incredulity by European leaders. Manfred Weber, leader of the European People’s Party in the European Parliament, commented after the meeting: [...]
From Michelin-starred restaurants to an exciting calendar of events, Macao has it all January 18, 2017 Travelling on business or for pleasure, Macao makes a perfect addition to a trip to Asia. Just 40 miles from Hong Kong, Macao’s potent mixture of Portuguese and Chinese heritage, refined over more than 500 years – it’s been a Special Administrative region of China since 1999 – makes for an exceptional getaway, where the [...]
New Builds: On the market this week from a Roman site in the City to a £400m piazza in Islington November 21, 2016 Landmark Place, City of London From £810,000 A rare chance to live in the City of London has arisen with the opening of a new show apartment. The three bedroom duplex was unveiled by Barratt London on the 23rd floor of its Aldgate Place development last week. The new homes will be on Water Lane, [...]
A senior Labour Brexiteer says universities should be held responsible for numbers of foreign students returning home after graduation September 7, 2016 British universities should held responsible for the return of international students to their countries of origin after graduation, according to the Work and Pensions Committee chair. Foreign graduates should be able to stay for two years after completing their studies, with universities then told to make sure students return if they are unable to find work, Frank Field [...]
Opinion: If we want to solve the housing crisis, we need to find smarter ways of building October 14, 2016 T he fact remains that London doesn’t have enough homes. The city is growing by about 100,000 people annually, but only 25,000 homes were built in the same period last year. As well as finding the land to build these homes, we also need to find ways to build them quickly on a large scale. [...]
London will reinvent itself again post-Brexit if it remains flexible and open to the world November 29, 2016 "We don't plan London very much. Nobody planned to have the euro-dollar market, for example. It rose because clever people were very quick at responding to market signals.” Speaking at a debate at the Museum of London on the future of the capital, hosted by Eversheds, The Independent’s Hamish McRae set out the optimistic case for the [...]
Hillary Clinton in the lead against Donald Trump as New Hampshire village of Dixville Notch takes to the polls November 8, 2016 Democratic nominee Hillary Clinton inched ahead in the fight for the White House this morning within minutes of Americans taking to the polls in the Presidential election. Clinton swept to victory against her Republican rival Donald Trump in the village of Dixville Notch, New Hampshire, where eight voters cast their ballots. While Clinton took four votes, Trump [...]