Competition is hotting up for corporate rentals October 18, 2019 The market for corporate rentals in London has never been more competitive, and having the right agent working with you is crucial to successful placements. In the third quarter of 2019, our dedicated Corporate Services team at Kinleigh Folkard & Hayward (KFH) carried out over 1,700 property searches for staff working for our corporate clients [...]
Facebook co-founder launches anti-monopoly trust October 17, 2019 One of Facebook’s co-founders has launched a $10m (£7.8m) anti-monopoly trust in an attempt to place extra scrutiny on big tech firms. Chris Hughes will launch the fund to support academic and policy research into market power. Read more: Facebook suffers a drop in brand value as consumer trust slides It will be a part [...]
TfL boss Mike Brown to resign in May October 17, 2019 Transport for London (TfL) boss Mike Brown is set to resign after four years in the post. TfL announced today the transport commissioner will be leaving the job after next year’s mayoral election in May. Read more: Mike Brown hits out at ‘bonkers’ TfL borrowing limits He will then become the first chair for the [...]
Juncker appears to rule out extension after Brexit deal agreed October 17, 2019 Jean-Claude Juncker appears to have ruled out any further extension to the Brexit process, after an 11th-hour deal was agreed this morning. The European Commission president told reporters in Brussels that the deal “means there is no need for any kind of prolongation”. Read more: Brexit deal agreed in Brussels – so what happens next? [...]
Johnson urges MPs to back Brexit deal as Juncker praises breakthrough for ‘peace and people’ October 17, 2019 Boris Johnson has urged MPs in Westminster to back his last-minute Brexit deal, ahead of a major showdown during a special session on Saturday. Standing alongside European Commission president Jean-Claude Juncker, the UK Prime Minister praised the 11th hour agreement as “a very good deal both for the EU and the UK”. Johnson described it [...]
Eurostar revenue ticks upward after a busy summer October 17, 2019 Eurostar has recorded a modest increase in third quarter revenues after its busiest ever August. The cross-channel rail company today reported a three per cent increase in sales revenue to £254m in the three months to 30 September. Read more: Eurostar tells passengers not to travel as heat causes train chaos This was on the [...]
PPI claims drive surge in company complaints October 17, 2019 More than 4m complaints were made to firms in the first half of this year, driven by a surge of payment protection insurance (PPI) claims. The UK’s financial watchdog has reported 4.29m complaints for the first six months of 2019, rising from 3.91m during the second half of last year. Read more: Banks struggle with [...]
Brexit deal agreed in Brussels – what happens next? October 17, 2019 Boris Johnson has secured a last-minute Brexit deal with the European Union with just hours before the final European Council begins. But just because the Prime Minister has struck a deal with Brussels, there is no guarantee that the UK will still be leaving the EU on 31st October – here’s what could happen next. [...]
Rathbone Brothers’ shares fall as it warns on tighter profit margin October 17, 2019 Shares in Rathbone Brothers fell sharply this morning after reporting its profit margin will narrow over the next two-to-three years. Shares in the investment management company were down 8 percent to 2,190p in the morning’s trading, despite an 11 per cent annual increase in third quarter operating income. Read more: Rathbone Brothers boosts profits but [...]
WH Smith ramps up overseas drive with $400m US deal October 17, 2019 WH Smith has revealed plans to snap up a US travel company for more than £300m as the retail giant looks to broaden its scope beyond the UK high street. In a deal that will double the size of the firm’s international business, WH Smith is buying Marshall Retail Group for $400m (£312m) to ramp [...]