Nearly 300,000 homes could be built in Greater London above rail tracks, says new research December 11, 2018 Untapped space above London’s railways tracks could pave the way for as many as 280,000 new homes, according to new data that comes amid growing calls to tackle the capital’s housing shortage woes. Almost 2,500 hectares of land on top of Greater London’s train, overground and Tube lines could be freed up, a report by [...]
Brussels to finally ease post-Brexit clearing fears with equivalence agreement December 11, 2018 Brussels is preparing to unveil concrete plans to grant EU financial institutions access to London's clearing houses in the event of a no deal Brexit, prompting relief in the City and among businesses across the continent. The draft proposals could be published as early as tomorrow. It comes after the Bank of England, trade bodies, and clearing [...]
Revive that entrepreneurial spirit and get Britain building again February 8, 2019 Politicians have recently become fond of talking about how to tackle our alarming housing crisis. Yet little is delivered – and what is achieved focuses on inflating demand, with schemes like Help to Buy which do nothing to address the underlying supply shortage. In the third quarter of 2018, building on 46,930 new homes began [...]
Obscure fees could be eroding your pension – here’s what you should be paying June 19, 2019 If you’ve ever endeavoured to compare fees charged by pension providers, you’re probably sat wild-eyed, rocking yourself back and forth. Despite the push to rid the financial sector of opaque and confusing charging structures, it’s still incredibly difficult for consumers to compare the fees levied by pension providers. Not only can it be difficult to [...]
EU urged to provide clarity over clearing as patience wears thin ahead of Brexit December 10, 2018 UK clearing houses and industry groups are growing increasingly impatient with the EU over the future of trillions of pounds worth of derivative contracts after Brexit. Trade groups have written to the European Commission “urgently requesting” legal certainty that EU-based firms will still be able to use London clearing houses in the event of a [...]
Inescapable investment truths for the decade ahead November 27, 2018 It seems clear to us that the world investors have got used to over the last few years is very different to the one we need to get accustomed to in the years to come. We have identified a number of economic forces and disruptive forces we think will shape the investment landscape ahead of [...]
How will the EU act after Brexit? February 21, 2019 Britain's planned departure from the EU exposes many issues. A key one is the economic path the UK will choose. Less commonly asked is what will the rest of the EU do. Perhaps this should figure more in the debate. Last year, President Macron suggested the EU move towards a core, built on closer political [...]
Cash Isa vs stock market Isa: which has returned the most? April 2, 2019 Saving money into a stocks and shares Isa over the last 19 years would have returned two-thirds more than a cash Isa, according to calculations by Schroders. The stocks and shares Isa carries more risk and is subject to greater volatility than the cash Isa, which also provides far greater protection for your investment. You [...]
No more ties in the office? Suit yourself in a world beyond workplace dress codes March 12, 2019 “A man cannot dress, but his ideas get clothed at the same time,” wrote Lawrence Stern in Tristram Shandy in 1759. More recently, Caitlin Moran pointed out that when a woman says she has nothing to wear, what she means is “there’s nothing here for who I’m supposed to be today”. Clothes are text. From [...]
City Moves for 30 November – who’s switching jobs at DWF, Legal & General and Relendex? November 30, 2018 DWF DWF has appointed regulatory specialist Richard Burger as a partner in its regulatory, compliance and investigations team in London. Richard joins from corporate and insurance firm Reynolds Porter Chamberlain (RPC). Richard has 20 years’ experience in UK and international regulatory enforcement, criminal and internal corporate investigations. A former regulatory enforcement lawyer with the FSA [...]