I would definitely vote for you if… What our panel said over the last three weeks May 6, 2015 NICK HUNGERFORD CHIEF EXECUTIVE, NUTMEG “Our future leaders could come from anywhere and entrepreneurial flair and spirit should be encouraged and nurtured at all levels of education.” MARTIN CLARKE CHIEF FINANCIAL OFFICER, AA “Get rid of the anomaly presented by wealthy foreigners (and those who are not so foreign) of using their non-dom status to enjoy a different [...]
David Cameron: Firms must crack down on illegal migrants May 21, 2015 Prime Minister David Cameron took his hardest line yet on illegal immigration this morning, when he introduced sweeping legislation cracking down not only on foreign workers, but on the landlords, banks and employers that help them as well. In a speech today in Westminster, Cameron said the Queen’s Speech will include an immigration bill intended to [...]
Boris Johnson says City will thrive even if there’s a Brexit June 22, 2015 Boris Johnson has poured cold water on fears over the potentially damaging impact of a Brexit on the City, also saying that London will continue to thrive as long as it invests in infrastructure. The incumbent London mayor shrugged off some business leaders' concerns that exiting the European Union would be harmful to Britain, saying [...]
First homes inside former BBC Television Centre go on sale next month – starting at £500,000 July 27, 2015 Homebuyers will be soon able to own a slice of television history, with the first 450 homes inside the former BBC Television centre set to go up for sale next month. The scenery block at the former BBC Television centre in London’s White City is eerily quiet. For over 50 years the cavernous space used [...]
Flurry of economic data to shed light on British recovery – London Report May 17, 2015 A STEADY flow of economic data is expected this week, with figures on house prices, producer prices, retail sales and public sector borrowing all scheduled for release. Data out tomorrow is expected to show that the UK experienced unchanged consumer prices year-on-year in April, as was the case in both March and February – although [...]
End of mansion tax threat lifts top tier of London’s property market May 25, 2015 The higher end of the London housing market is seeing market volumes return following Labour’s defeat in the General Election, ending the threat of a proposed mansion tax on properties over £2m. The number of properties over £2m listed on Getagent.co.uk, an estate agent comparison site, more-than doubled in the weeks after the national vote, [...]
Trade and status: China weakens yuan to gain advantage August 12, 2015 China plans to top the global hierarchy with its surprise move to devalue its currency China shocked the world yesterday when it devalued the yuan by nearly 2 per cent against the dollar. The surprise move brings its currency to a three-year low against the greenback and should help revive exports. The news [...]
Britain’s still great: Opportunities abound from the Northern Powerhouse to infrastructure revamp June 18, 2015 EUROPE REFERENDUM To the relief of many, the UK election turned out to be a simple affair. But while we avoided protracted wrangling over the make-up of the government, the key risk facing the UK now is the referendum on European Union membership. It is due to be held before 2017 – but some business [...]
UK house prices could fall due to stricter mortgage lending rules October 5, 2014 House prices could fall next year due to stricter rules on mortgage approvals and potential buyers being put off by rate hikes, according to the Centre for Economics and Business Research (CEBR). A combination of rising interest rates and tougher mortgage eligibility could depress demand significantly – enough to cause house price growth to hit [...]
Surveyors say housing level at crisis point as rising UK house prices and weak supply spark “national emergency” May 13, 2015 House prices across the country climbed further last month as new listings fell at their fastest rate in six years, according to a new report published today. Thirty-three per cent more surveyors nationwide, and 28 per cent of respondents in the capital, saw prices rise in April, according to the latest Royal Institution of [...]