The worst is over? Pent-up demand helps stabilise London’s super prime property market after double-digit declines May 29, 2018 Pent-up demand has helped stabilise London's super-prime property market – but that still hasn't stopped parts of the capital experiencing double-digit declines. Chelsea has endured the steepest drops in prices of £10m-plus homes according to Knight Frank, down 15.5 per cent between August 2015, when the market peaked, and March this year. But there are [...]
FTSE100 opens lower after bank holiday, as Italian chaos weighs heavy May 29, 2018 The FTSE 100 fell nearly 0.8 per cent in early trading as investors reacted to a turbulent weekend in Italy and Spain following yesterday's British bank holiday. The blue chip index was down 60.84 points, or 0.79 per cent, to 7,669.44 in early trading while the midcap FTSE 250 index also tumbled, down 0.9 per [...]
Jeremy Corbyn-supporting Jewish Voice for Labour is planning an anti-anti-Semitism rally March 26, 2018 Jeremy Corbyn's supporters are organising a rally to counter the protest against the party leader's apparent toleration of anti-Semitism. The original protest, organised by the Board of Deputies of British Jews and the Jewish Leadership Council, is scheduled to begin outside parliament at 5:30pm today. However, the Jewish Voice for Labour is organising a rally [...]
Brexit latest: City hits back against EU’s “improved equivalence” offer for financial services March 20, 2018 The City has hit back at suggestions that the EU is considering offering the UK "improved equivalence" as the basis of the future financial services relationship after Brexit. Until now the EU has insisted that financial services would not be included in any free trade deal, with both Donald Tusk and Michel Barnier making it [...]
UK will be able to negotiate and strike trade deals during transition March 15, 2018 The EU is poised to back down over whether the UK can begin to negotiate and sign new trade deals during the transition period. According to The Times, the UK will be able to act under its own steam from March 2019 without seeking permission for the European Union. Although the formal negotiating guidelines still [...]
Russia hits back over UK ‘provocation’… and blames Brexit March 15, 2018 Russia has hit back against the UK's claims it was behind the attack on Sergei and Yulia Skripal, claiming the measures announced by Theresa May are "signs of a provocation against our country". The UK Prime Minister yesterday revealed a series of retaliatory measures against the Russian state, including the expulsion of 23 diplomats whom she [...]
Intelligence breakdown: Corbyn refuses to blame Moscow for chemical weapons attack as May slings out 23 Russian ‘spies’ out of the country March 15, 2018 Jeremy Corbyn has sparked a furious row in the Labour party after he pointedly refused to condemn Russia for the attack on Sergei and Yulia Skripal. Theresa May had informed MPs there had been no credible explanation for the attack in Salisbury and reiterated the government’s position that Russia was responsible. She described Moscow’s response [...]
PM reveals Russia World Cup boycott, diplomats to be thrown out of the UK, assets to be frozen, and a new law after Sergei Skripal “attempted murder” March 14, 2018 The UK will expel 23 Russian diplomats as part of a series of measures following the "attempted murder" of Sergei Skripal and his daughter Yulia, with Theresa May laying the blame for the attack at Russian President Putin's feet. According to the Prime Minister, the diplomats have been identified as "undeclared intelligence agents." The expulsion [...]
IEA poaches Legatum’s top Brexit adviser Shanker Singham and team March 9, 2018 Free market think tank the Institute of Economic Affairs (IEA) has poached Shanker Singham and three of his team from rival firm Legatum. Singham, who is widely seen as one of the top Brexit policy advisers and has played a key role in guiding the government's thinking on the issue, will head up the IEA's [...]
EU threatens the US tariff reprisals as 18 WTO members including China and Russia express strong concerns over Trump’s move March 7, 2018 The EU has warned Donald Trump that it will launch tough new levies on US exports of bourbon, peanut butter and motorbikes if he pushes forward with plans to impose steel and aluminium tariffs. Meanwhile 18 WTO members, including China and Russia, have expressed grave concerns about the impact of a potential trade war. The EU's [...]