Taylor Wimpey upbeat on UK housing market as buyers shake off General Election jitters April 23, 2015 The figures Taylor Wimpey has made an upbeat start to 2015, with an average private net reservation rate of 0.76 sales per outlet per week for the year to date – suggesting house buyers aren't worried about the impact of the general election (and given housebuilding is one of the few sectors that stands to benefit, [...]
General Election 2015: Alex Salmond says he’s “writing the Labour Party’s budget” April 22, 2015 David Cameron has tweeted a video of former SNP leader Alex Salmond joking that he is writing the Labour Party's budget. A boisterous Salmond told an audience that when a Scottish Labour politician told Andrew Neil Jim Murphy will not be writing the Labour Party budget, he knew that already because he was the one [...]
Scotland will have a £9.7bn black hole under SNP plans for fiscal autonomy, says IFS April 22, 2015 The SNP suffered a blow to its fiscal credibility this morning, after the Institute for Fiscal Studies (IFS) forecast a £9.7bn black hole in Scotland's finances by the year 2020 if it achieves fiscal autonomy. The independent think tank released the research note the day after Nicola Sturgeon launched her manifesto promising an end to [...]
Milifandom Twitter storm: What is it, who started, is it the new Cleggmania April 22, 2015 Ed Miliband has taken a lot of stick over the last five years for not being the most charismatic of political leaders. But the wonders of social media have allowed Ed's fans to amplify their voice and express their devotion without being spun by the gatekeepers of old media. Twitter has exploded with a host [...]
Milifandom Twitter storm: What is it, who started, is it the new Cleggmania TEST April 22, 2015 Ed Miliband has taken a lot of stick over the last five years for not being the most charismatic of political leaders. But the wonders of social media have allowed Ed's fans to amplify their voice and express their devotion without being spun by the gatekeepers of old media. Twitter has exploded with a host [...]
Rolls-Royce share price opens higher as John Rishton stands down as chief executive to be succeeded by Warren East April 22, 2015 Shares in troubled engineering giant Rolls-Royce opened four per cent higher this morning, at 1,049p, after chief executive John Rishton announced his intention to stand down. Rishton, who has been with the company for four years with the company, was promoted to the top job four years ago. He'll step down on 2 July. He [...]
Ladbrokes share price slides profits hit by punters and new taxes April 22, 2015 The numbers Ladbrokes' share price is down two per cent this morning after reporting a fall in operating profits cent year-on-year of 22 per cent to £14.3m. Group net revenue rose 3.3 per cent for the quarter to 31 March. The digital side of the business continues to grow strongly with mobile betting up 62.7 per cent. Why [...]
London taxi drivers protest on Oxford Street: Everything you need to know April 21, 2015 Black cab drivers today staged a highly visible protest that caused significant inconvenience in central London. Here's everything you need to know about the action by London cabbies. Where and when did the protest take place? The drivers started the "go-slow" protest on Oxford Street in the heart of London at 2:00pm, bringing Oxford Street [...]
General Election 2015: Paddy Ashdown borrows description of eurosceptics from John Major and savages Tory right April 21, 2015 Former Lib Dem leader Paddy Ashdown has given a frosty reception to John Major's warning of the perils of a Labour-SNP deal after the General Election. Ashdown couldn't resist revisiting Major's famous line referring to right-wing eurosceptics in his cabinet as "bastards". In an interview with the BBC, he warned Major not to play into [...]
Brexit: City workers would vote to stay in the EU despite Brussels hostility to financial services April 21, 2015 The vast majority of finance executives working in the City of London would vote to stay in the EU despite believing Brussels is actively hostile toward the financial services industry. The Centre for the Study of Financial Innovation (CSFI) found that 73 per cent of City executives and economists in the City's financial industry would [...]