Does the government think Single Market membership is “highly improbable”? It depends who you ask… September 6, 2016 Confusion has broken out over the government's stance on Single Market membership after Downing Street refused to back the Brexit minister's views on Europe. Brexit minister David Davis made his first ministerial statement since being appointed May's secretary of state for exiting the European Union yesterday. And responding to a question from former small business [...]
Here’s how far house prices fell after the Brexit vote, according to the first data on property values since the referendum July 18, 2016 House prices fell by 0.9 per cent this month, equivalent to £2,647, according the first data showing how property prices have been impacted by the Brexit vote. Rightmove's report on the value of homes coming to market also found enquiries in the two weeks after the referendum were down by as much as 16 per cent compared to the same period [...]
Don’t tell the black cabs: Brits can’t get enough of Uber as UK profits and revenues double in 2015 October 10, 2016 Uber drivers in the UK raked in more than £100m in fares last year, doubling revenues and profits at the disruptive transport app. The taxi service's holding company in Britain, Uber London, recorded a 105 per cent uplift in turnover to £23.3m in 2015, according to records filed on Companies House. This was up from [...]
Let Nicola Sturgeon have her referendum – and find out that a Hard Brexit is better than a Hard Independence October 17, 2016 It could not have been staged better. Like a general on the battlefield making a final appeal to her troops, Nicola Sturgeon’s use of the SNP’s annual conference to announce the publication of a draft bill to pave the way for Indy Ref Two could not be matched. The legions cheered, ready to go over the top [...]
Purplebricks embarks on Australian venture with launches in Brisbane and Melbourne August 29, 2016 Online estate agent Purplebricks has embarked on its first foray outside of the UK, launching ventures in Australia over the weekend, with new services focused on Melbourne and Brisbane. The firm, which is backed by star investor Neil Woodford, first revealed plans to expand Down Under in June as it announced its first full year results [...]
10 London startups named the hottest in Europe August 31, 2016 Dinner delivery startup Deliveroo and and an artificial intelligence company acquired by Twitter have both been named among the hottest startups in Europe to emerge from London. Top entrepreneurs and investors from across Europe have chosen the startups, along with a further eight, to compile a top 10 list of the capital's newest tech companies making a name for themselves, [...]
MPs gear up for fight with Theresa May over Single Market access October 10, 2016 MPs are gearing up for a fight with Theresa May over access to the EU’s Single Market, as the government prepares for a series of legal battles over its right to take Brexit decisions alone. May has come under fire from senior backbenchers and business groups after a Conservative Party conference that saw the Prime Minister suggest [...]
Sir Charlie Bean: London will lose its foreign exchange crown after Brexit September 7, 2016 The City of London will be stripped of its status as the world's premier foreign exchange centre once the UK leaves the EU, a former Bank of England deputy governor has warned. Sir Charlie Bean, who sat on the Bank's rate-setting Monetary Policy Committee (MPC) for 14 years between 2000 and 2014, told peers he [...]
Wireless broadband provider Relish launches same-day broadband service September 21, 2016 Rising demand for same day delivery services has spread to the broadband market. London wireless broadband provider Relish has announced it will deliver its 4G router by same day delivery, if orders are placed before 12pm. The announcement comes amid rising criticism of how long it takes some of the UK's biggest internet service providers to get [...]
Research suggests we may have hit peak house price inflation July 22, 2016 A rush of new listings and a dip in sales in the weeks after the referendum have knocked the wind from the London housing market, according to new research published today. Hometrack’s monthly monitor of house prices in UK cities showed that while prices rose by 10.2 per cent in the year to June, post-vote [...]