It’s time to make rent count when assessing creditworthiness September 12, 2018 Have you ever wondered if your credit report reflects your rental history? Given over half of people living in London rent their home, it might surprise you to learn that no matter how good you are at paying your rent on time, this isn’t necessarily reflected in your credit report. Why does this matter? Your [...]
Remortgaging surges in July as homeowners pre-empt interest rate rise September 12, 2018 The number of homeowners remortgaging their houses spiked to its highest level in more than a decade in July, amid a rush to lock in fixed-rate mortgage deals leading up to the latest Bank of England rate rise. Roughly 46,900 new homeowner remortgages were completed in July, rising 23.1 per cent compared with the same [...]
The decision to include international students in the migration target is a missed opportunity for sensible reform September 12, 2018 International students coming to study in the UK should still be counted in the government’s net migration target. That was the conclusion from the Migration Advisory Committee published yesterday and a disappointment to those of us who have been calling for reform. Over 750,000 students come from abroad to study here each year, paying higher fees [...]
ERG MPs ‘openly discussing’ plot to oust Theresa May September 12, 2018 Pro-Brexit members of the European Research Group were openly discussing how best to oust Prime Minister Theresa May during last night's weekly meeting, it has been claimed. The ERG, which is led by Jacob Rees-Mogg, has publicly denied that its anti-Chequers assaults including yesterday's endorsement of an alternative Brexit strategy have any bearing on the party's [...]
Putin calls on Novichok suspects to defend themselves in public September 12, 2018 Vladmir Putin has encouraged two Russian men allegedly sent to kill former Soviet military officer Sergei Skripal to defend themselves publically. The Russian President said the men identified by the UK as Alexander Petrov and Ruslan Boshirov are “civilians”, claiming “there is nothing criminal here”. Read more: US, France, Germany and Canada back UK on [...]
IWG chief financial officer Dominik de Daniel to exit firm to ‘pursue other opportunities’ September 12, 2018 Shared office provider IWG today said its chief financial and operating officer Dominik de Daniel will leave the company to pursue other opportunities. The Regus owner said it had appointed Eric Hageman as interim chief financial officer. Hageman has experience as head of finance at a number of listed companies, including TeleCity Group. Read more: ING CFO [...]
Jean Claude Juncker’s State of the Union 2018 address: UK ‘will never be an ordinary third country’ after Brexit September 12, 2018 The UK will "never be an ordinary third country" for the EU, Jean-Claude Juncker said in this morning's State of the Union address – but indicated that the Chequers' proposal of a Single Market for goods is a non-starter. Giving his annual speech, the European Commission President told MEPs in Strasbourg that the UK would "always be [...]
Ryanair cancels 150 German flights amid pilot dispute over pay and working conditions September 12, 2018 Ryanair has cancelled nearly half of its flights to and from Germany today after the VC pilot union called a surprise strike over pay and working conditions. Ryanair said the strike, called with 24 hours' notice, was "unnecessary" and has had to cancel 150 of its 400 flights to and from the region. All affected [...]
Superdry hires former Tommy Hilfiger exec to push brand presence September 12, 2018 Superdry has hired former Tommy Hilfiger executive Brigitte Danielmeyer as it looks to expand its brand digitally and develop new ranges. Danielmeyer was global head of womenswear at Tommy Hilfiger for four years to 2016 and has also held executive roles at Esprit and most recently Liebeskind Berlin. The new role of chief product officer [...]
Hermes posts huge profit spike as China demand pushes it to new heights September 12, 2018 Hermes delivered a record operating margin for the first half of 2018 today, as well as posting a 17 per cent jump in profit to reach €708m (£631m). The French luxury handbag maker saw group revenue rise by five per cent year on year to €2.9bn for the six months ending 30 June, with its [...]