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      Europe has made a ‘major mistake’ on slow electrification, IEA chief warns 

      UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.

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City A.M. Content

  • UK jobs market: Firms urged to do more to impress candidates amid growing skills shortage

    March 17, 2018

    Most job candidates could have one foot out the door before the end of their first interview, according to new research on hiring trends. Over half (53 per cent) of people make up their minds about a new job before their first interview has even finished, headhunter Robert Half says. Almost a quarter (24 per [...]

  • Spy poisoning: British government slams Russian expulsion and will consider “next steps”

    March 17, 2018

    Britain’s diplomatic row with Russia shows no sign of abating as the Foreign Office said it will “consider next steps” after 23 UK diplomats were today booted out by the Kremlin. Russia’s move this morning to expel British representatives and close the British Consulate-General in St Petersburg and British Council in Moscow was “anticipated”, a [...]

  • Royal Mail says firms should consider Ireland as Britain’s “first-step export market”

    March 17, 2018

    Irish shoppers’ propensity to buy more things using their mobile phones makes the Emerald Isle the perfect place for British firms to “dip their toes into overseas markets”, Royal Mail has said. A study published yesterday by postal giant Royal Mail found almost half (48 per cent) of those in Ireland make purchases via smartphones. [...]

  • Fifa gives Iraq blessing for return to home football for first time in three decades

    March 17, 2018

    Iraq’s Prime Minister today hailed a decision by Fifa to lift a home ban on competitive international football matches. The country’s national side last played an official home game in 1990. Gianni Infantino, the president of football’s world governing body Fifa, yesterday announced the lifting of a ban on stadiums in Basra, Karbala and Erbil [...]

  • FTSE roundup: Easyjet soars while housebuilders (Berkeley) temper blue chip index gains

    March 16, 2018

    The FTSE 100 index has ended the day up 0.34 per cent, as Easyjet continued to climb after directors scooped up shares earlier this week. However the FTSE 100’s close, at 7,164 points, was substantially lower than last Friday’s close of 7224 points. BP helped to nudge the blue chip index up during the day, [...]

  • Why the younger generation can’t afford to buy their own homes in London

    March 16, 2018

    In my 35 years as a property lawyer, I have seen a sea-change in the balance between ownership and renting. When I first cut my legal teeth, the Rent Act 1977 provided security for tenants and controlled rents below true market rate. As a result, there was little incentive for a prospective landlord to add [...]

  • Proxy adviser Manifest has just collapsed into administration

    March 16, 2018

    Shareholder advisory group Manifest has today crashed into administration. Moore Stephens has been appointed as administrator of the lead proxy advisor. According to March 2017 accounts – Manifest’s latest filing with Companies House – the firm had £1.3m of debts payable within the next 12 months. Representatives for the administrators were unable to comment on [...]

  • New build homes on sale in London this weekend in Paddington, Clapham, Kentish Town, Vauxhall and Canada Water

    March 16, 2018

    New developments on the market this week No 3 Canalside Walk, Paddington From £1.212m Live next to the Grand Union Canal in Paddington Basin, with a plethora of rooftop perks, including balconies, and a rooftop gym, lounge and observatory. Eleven acres of prime Zone One is being developed near the transport hub, including 52 two [...]

  • Russian murder: Met Police terror unit formally launches investigation businessman’s death

    March 16, 2018

    The Met Police this afternoon launched a murder investigation into the death of Russian businessman Nikolay Glushkov. The 68-year-old was found dead at his home in New Malden, south-west London, on Monday evening. Emergency services were called shortly before 11pm with police initially treating Glushkov’s death as unexplained. “A special post-mortem began on Thursday, 15 [...]

  • Holiday Homes: Savills World Research looks at the top places in the world to invest in residential property right now

    March 16, 2018

    Many residential markets are now resting on an expensive but stable ‘high plateau’, so buyers are looking for the next up-and-coming ‘global hotspots’. They are faced with some unfamiliar choices. World city house price growth hasn’t just been high in the UK. London’s mainstream residential price grew by 48 per cent since 2012, but this [...]

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