University education can’t deliver the skills we need for the economy of the future March 1, 2022 TOO many jobs, wage inflation, and an abundance of flexible working opportunities. Compared to the threat of mass unemployment when the pandemic began two years ago, these feel like better problems to have. But labour market figures released last month revealed one serious problem: an exodus of older workers. Since March 2020, the number of [...]
Mortgages grow pricier than London rents for first time in four years June 14, 2021 With London rents diving amid a pandemic-induced city exodus, it is now cheaper to rent in the capital than own a home for the first time in four years. According to analysis by real estate agent Hamptons, city dwellers’ in rental accommodation are £251 better off following monthly payments than homeowners dishing out their mortgage repayments. [...]
Spring Budget 2023 – as it happened: Childcare costs, Brexit pub guarantee and plan for ’12 Canary Wharfs’ March 15, 2023 As Jeremy Hunt unveils his first full Spring Budget, we bring you all the latest news, opinion, analysis and reaction. Budget day – Live feed Support for parents with young children: Jeremy Hunt announced a series of reforms, starting “with the supply of childcare.” “We have seen a significant decline in childminders over recent years [...]
Barclays UK assets hit £219bn as easing lockdown sees fewer loan costs July 28, 2021 Barclays UK assets have hit £219bn in the past six months as lockdown measures have eased, allowing for fewer loan costs. The bank’s UK division pulled in a total income of £3.2bn, which was up one per cent in comparison to last year but was partially offset by its operating expenses of some £2.1bn. Shares [...]
Backing the central bank pivot is a risky bet October 25, 2022 It is easy to criticise central banks for heaping pain on households and businesses. But, this is exactly what they are supposed to do under current economic conditions. Inflation in the UK, US and eurozone has hit 10.1 per cent, 8.2 per cent and 9.9 per cent respectively, all historic highs. The Bank of England [...]
Your money in 2022: Personal finance trends to keep an eye on this year January 16, 2022 What personal finance trends are likely to shape 2022? New research shared with City A.M. looks at the sentiment and behaviours for this year. The pandemic, mixed with wider economic issues and the rising cost of living, appears to have had an effect on Brits’ relationship with money, because the findings from consumer research platform [...]
FTX, LUNA, Celsius, et al – a post-mortem November 30, 2022 Dr Chris Kacher checks the health report of some deeply troubled crypto platforms as he lauds the inevitability of the metaverse.
Dorries by-election: Can Labour or Lib Dem flip Mid Bedfordshire? October 2, 2023 Ahead of a by-election to replace Nadine Dorries as MP, Labour and the Lib Dems have fought a fierce battle for the soul of Mid Bedfordshire.
UK house prices hit new record high after growing at fastest rate in five years May 10, 2021 UK house prices grew at the fastest pace in five years last month as the stamp duty holiday continued to buoy the market. Average house prices in April reached a new record high of £258,204, an annual increase of 8.2 per cent and a monthly rise of 1.4 per cent. Almost £20,000 has been added [...]
The Financial Services and Markets Bill – second reading September 29, 2022 Lord Chris Holmes of Richmond explains the government's 335-page Financial Services Bill and what it means for crypto assets.