Halifax house prices: UK house price growth continues shrinks to its lowest since December August 6, 2015 Growth in UK house prices dipped to 7.9 per cent in the year to July, the lowest figure since December 2014, figures published by Halifax this morning showed. On a quarterly basis, prices grew 2.4 per cent, lower than June's 3.3 per cent, while the monthly figure fell by 0.6 per cent – its first [...]
What does the Autumn Statement 2015 mean for you? November 26, 2015 THE SINGLE PARENT CATHERINE GANNON, MANAGING PARTNER OF GANNONS LAW FIRM Gannons Commercial Law continues to perform extremely well as profits and earnings increased on last year. She is commercially savvy and has restructured the business from an LLP to a Limited Company due to the recent legislation covering LLPs. This illustrates that Catherine is [...]
London professionals are poorest in the UK despite earning highest salaries – CV-Library October 13, 2015 Professionals working in London are the poorest workers in Britain, despite earning the highest average salary, according to new research from job site CV-Library. Based on new roles advertised in the third quarter of 2015, CV-Library calculated that the average annual salary in London is £36,905, which is 16.6 per cent greater than the national [...]
Housebuilder shares drop on “vanilla” house price growth August 18, 2015 Shares in the UK's largest listed housebuilders fell today, despite official figures showing annual house price growth rose to 5.7 per cent in June. Shares in Barratt fell 1.45 per cent to 643.5p in late morning trading, while Berkeley Group was down just under one per cent at 3,422p. Meanwhile, shares in Persimmon, which posted [...]
From Volkswagen and Glencore to the Black Cab protest: Here’s what got us talking this week September 25, 2015 There was an alarming protest in Croydon (with an excellent response from Debenhams). There was an eyebrow-raising development in the world of robotics. And somewhere in the CIty, some window cleaners were left hanging. On the side of skyscraper. For several hours. Here's what got us talking this week Could you fall in love with [...]
George Osborne has backed the wrong Asian emerging market horse October 25, 2015 Give him his due; George Osborne is a clever man. He has rightly seen that a becalmed EU will not provide the UK with exciting new macroeconomic avenues for growth – for that he must look eastwards. This brainwave amounts to a massive macroeconomic and geostrategic shift for Britain, and is entirely in line with [...]
We need a campaign for Living Costs – not for a Living Wage – to really help the poorest November 2, 2015 It's “Living Wage Week”. For seven days, the Living Wage Foundation’s campaign for employers to pay workers at least £8.25 per hour (or £9.40 in London) receives almost wall-to-wall coverage. Campaigners line up to tell us raising pay to this level is good for business as well as employees. Many large firms, most of [...]
Budget 2015: Young first-time home buyers given a helping hand with Help to Buy Isa March 18, 2015 With fewer young people able to afford to buy a home, the Budget aims to help them out. Tim Wallace asks: Will it work? Can you imagine paying £22,000 for a flat? It sounds like a joke now, but it was the average price of a first-time buyer’s home in Britain in 1984. It was [...]
City Moves for 19 October 2015 | Who’s switching jobs October 18, 2015 BNP PARIBAS Wike Groenenberg has been appointed global head of emerging markets strategy at BNP Paribas Corporate and Institutional Banking. She was previously head of strategy for BlueBay Asset Management’s emerging markets macro fund. Groenenberg has also headed emerging market strategy at Citigroup in London, managing a team of strategists in Europe, South Africa and [...]
Betting on inflation: What we learned from our wager on the character of the UK recovery October 13, 2015 In March 2013, we made a bet via Twitter on what would happen to UK inflation as the economy started to recover. Andrew bet that, within 18 months of one-year GDP growth exceeding 2 per cent, inflation would reach 5 per cent or more. He thought that that would happen because economic recovery would [...]