Why the vaping industry is ready to send Brussels’ ill- conceived red tape up in smoke May 18, 2017 The 8 June is clearly going to be the date at the forefront of everyone’s mind over the coming weeks. But there’s another date soon upon us that has huge ramifications for the UK’s 3m vapers and the vaping industry. On 20 May, the next phase of the EU’s Tobacco Products Directive (TPD) takes effect. [...]
Theresa May launches her manifesto by claiming that Brexit could define the UK’s future May 17, 2017 Prime Minister Theresa May will tomorrow reveal her first manifesto as Conservative leader with a warning that Brexit could define the UK’s future. Launching her election plans, she will say the next five years are the most challenging for a lifetime. “Brexit will define us: our place in the world, our economic security and our [...]
Lehman Brothers creditors should share extra £5bn in interest payments, Supreme Court rules May 17, 2017 The UK’s highest court today ruled that claimants against the main European arm of Lehman Brothers should receive at least £5bn in interest payments. All original claims, totalling around £36bn, have been paid out by Lehman Brothers administrator PwC. The Supreme Court today said that the creditors, largely made up of hedge funds, should receive [...]
Leicester City owners agree to buy Belgian club OH Leuven as football’s multi-ownership trend grows May 17, 2017 Leicester City have become the latest English team to gain a sister club after owners after King Power completed the purchase of Belgian side Oud-Heverlee Leuven. The Foxes’ Thai owners have signed an agreement to buy the Belgian second division club once due diligence is completed, although it is not clear what future relationship the [...]
British employment reaches record high as jobless rate falls to lowest since 1975 May 17, 2017 The level of people in employment in the UK reached a new record high in the first quarter of the year as unemployment hit its lowest since 1975. Unemployment in the UK fell to 4.6 per cent in the first quarter, according to the Office for National Statistics (ONS). The total proportion of people employed [...]
Lloyds Bank share price rises as the government sells its final stake May 17, 2017 The government has sold its final stake in bailed-out lender Lloyds Bank, with the exchequer receiving £900m more than its original investment nine years ago. The Treasury put in £20.3bn to save the ailing bank at the height of the financial crisis. And this morning Lloyds Bank confirmed the state’s shareholding had been reduced to [...]
BorrowMyDoggy: The firm matching dogs with people who want to borrow them May 17, 2017 A dog is for life, not just for Christmas.” Not any more, thanks to Rikke Rosenlund, founder of BorrowMyDoggy. As we discovered at a recent Leap 100 breakfast, now a dog can just be for Christmas. Or even a weekend. Rosenlund came up with the idea for BorrowMyDoggy on a summer’s day in 2012, when [...]
Diane Abbott is rubbish at maths – but not compared to the rest of the country May 17, 2017 Diane Abbott’s car crash of an interview on LBC radio last week hit the headlines. Asked politely but firmly for the numbers and costings of Labour’s plans on the police, her answers varied wildly from sentence to sentence. Of course, being charitable, it was always open to Labour’s shadow home secretary to spend a few [...]
UK house price growth drops to 4.1 per cent in March as slowdown in London continues , according to data from the Office for National Statistics May 16, 2017 Average UK house prices increased 4.1 per cent in the year to March 2017, down from 5.6 per cent in the year to February 2017. New data from the Office for National Statistics shows the general slowdown in the annual growth rate seen since mid-2016 continues. House prices in London recorded the second-lowest annual growth [...]
Crossrail’s coming: House prices near these Elizabeth Line stations are still relatively affordable May 16, 2017 After a decade in the making, the first trains run on the Elizabeth Line, nee Crossrail, this month. But the line won’t just benefit commuters: homeowners along the route will also celebrate, with prices of homes around many stops having more than doubled since it was first approved by planners. Research by Emoov showed prices [...]