London sees Britain’s largest house price drop over last four weeks August 15, 2016 London house prices were the worst performing in Britain as they fell by the largest amount over the last four weeks. The average asking price for the capital's houses dropped by 2.6 per cent compared to a national decrease of 1.2 per cent, the Rightmove house price index revealed. Westminster was the worst performing in London with prices flopping 14.5 per cent from [...]
The Green Belt is standing between young people and the homes they need September 14, 2016 Imagine a race in which the finishing line moved further away, faster than you could run. Rigged against you, no matter how hard you tried, the finish line would always move faster. That’s the housing market in London and the South East for most young people, where the dream of homeownership remains just that, a [...]
Cheer up: The value of the average UK home rose £21 per day in the first half of this year July 26, 2016 It hasn't all been bad news around house prices since the Brexit vote: it turns out the average home rose in value by £21.07 a day in the first half of the year, according to new figures. Research by property portal Zoopla suggested the average home is now worth £290,725, up £3,847, or 1.3 per cent, [...]
Five growth stocks to super-charge your Isa February 19, 2016 Savers will have more generous tax-free allowances from April. Basic rate taxpayers will be able to receive £1,000 interest on savings, gilts and corporate bonds without paying any tax (for higher rate payers, it will be £500), and everyone will be able to receive £5,000 in dividends before paying tax. New Isas (Nisas) have traditionally [...]
Here’s how Brexit will affect house prices, according to experts June 24, 2016 It's official: we're out, after almost 52 per cent of the UK population voted in favour of Brexit. There had been conflicting views of how a vote to leave the EU would affect house prices before the referendum took place, with some suggesting a falling pound would cause foreign buyers to flock to the UK property market, [...]
Punctured biking market prompts Evans Cycles owner to pump up investment August 14, 2016 Punctured sales in the UK's "difficult" bike market have prompted Evans Cycles' majority shareholder to pump more cash into the chain. ECI Partners, which bought Evans in a deal last year for an undisclosed sum, has "invested additional funds" into April Topco, the company through which it owns Evans, to cut bank debts and provide additional liquidity. [...]
Abolishing these 20 taxes will help the poor, says the IEA November 2, 2016 A radical free-market Westminster think thank is claiming it can maintain welfare support and improve the lot of the low-income workers while scrapping nearly every mainstream tax that the government currently imposes. The Institute of Economic Affairs says the controversial plan would see the poorest 10 per cent of the UK enjoying tax cuts worth [...]
Canada issues vote of confidence in London’s future with new export hub September 19, 2016 Canada is to open a brand new trade hub in London this week in a big vote of confidence in the capital's post-referendum economy. Export Development Canada (EDC), the Canadian government's official export support service designed to help its firms crack in to new markets and win investment from around the world, will launch its second European operation at [...]
Brexit boost for lawyers and compliance experts as hiring jumps in June August 1, 2016 Legal-lovers and HR-hot shots are the latest winners from the UK's decision to breakaway from the European Union, a new survey of professional employment has found. While various indicators of hiring-and-firing following the referendum have shown that unemployment is unlikely to surge over the following months, it is those with a Brexit-specific set of skills that [...]
Frankfurt has opened its doors to Britain’s businesses following Brexit, and some firms look ready to take up the offer October 17, 2016 Germany's financial sector today revealed it has opened its doors to British bankers displaced by Brexit, and some businesses looked ready to take up the offer. The comments come as a number of key government figures are suggesting they might opt for a so-called hard Brexit, which could see London's financial centre left without access to [...]