Exclusive: Renters face being pushed out of London as landlords struggle to cope with ‘huge’ mortgage hikes, adviser warns March 20, 2023 Landlords in London and the south east are facing a 125 per cent increase in monthly mortgage payments, or £574 on average, according to research exclusively shared with City A.M. The Bank of England’s decision to raise interest rates 11 times over the last 15 months has seen mortgage costs spiral for mortgage borrowers. Earlier [...]
Job Hunting? Three In-Demand Jobs In London This Week March 20, 2023 | Sponsored The London labour market is starting to cool, although we’re not quite facing the big freeze that many analysts had predicted––at least not yet. According to the latest Office for National Statistics (ONS) figures, vacancies across the UK dropped in the three months to December 2022 (the sixth consecutive fall), but remained elevated at 1.16 [...]
What The Best Companies in The City of London are Doing to Save Money March 20, 2023 | Sponsored In the competitive business market of London, companies are looking for any advantage they can find to save money and stay ahead. One of the most popular options for companies wanting an office in London is to utilise non-traditional commercial real estate, such as serviced offices. Traditional office space is a huge investment Traditional office [...]
Budget: Hunt considering pension changes to encourage over 50s back to work March 14, 2023 The Chancellor is understood to be looking at increasing the pension lifetime allowance (LTA) in a move that is being interpreted as attempting to reverse the trend of early retirements. The PA news agency understands Jeremy Hunt is considering allowing workers to put more money into their pension pot before being taxed as part of [...]
ISA season: Beat inflation with an IFISA March 13, 2023 | Sponsored With inflation still hovering around 10 per cent, savvy investors across the UK are searching for the most lucrative opportunities to protect their portfolios from eroding in real terms. As we head into ISA season, there is also the opportunity to enjoy tax-free earnings on your investments, giving consumers an additional boost during the cost-of-living [...]
4 Great Tactics When Your Boss Has No Professional Boundaries March 13, 2023 | Sponsored Has your manager ever sent you a Slack on Saturday morning with a query (that could absolutely wait until Monday), or asked you to join a call while on holidays? Perhaps they’ve encouraged you to stay late working on a presentation, or asked you to cancel a planned––and approved trip––or maybe they’ve subtly hinted that [...]
Londoners most at risk of being among the 350,000 UK borrowers who will struggle to repay their mortgage, regulator warns March 10, 2023 An extra 356,000 mortgage borrowers could face payment difficulties by the end of June 2024, in addition to those who are already behind, according to the City regulator. This has been reduced from a previous estimate made last September that an additional 570,000 mortgage borrowers could become financially stretched by the end of June 2024, [...]
Use your Isa allowance to invest against the Chancellor’s ‘Budget raid’ on savings March 8, 2023 What are your options if you plan to use your Isa to buy stocks and shares. We explore the different assets and explain why it’s more important than ever to use your Isa allowance this tax year. More taxpayers than ever are falling into the higher rate tax bracket of 40 per cent. According to [...]
Could A 4 Day Work Week Be Coming To Your Workplace? March 6, 2023 | Sponsored Four day work weeks have long been hailed as the future of work. But are we ready for such a monumental change in our working patterns and schedules? Earlier this month, 4 Day Week Global released its 2023 report, the contents of which have created quite a bit of debate across the fintech industries. The [...]
Striving for success in 2023? Turn to your partners to find the right balance March 6, 2023 | Sponsored 2022 showed us just how much can change in a year. We saw UK businesses emerge from the grips of the pandemic with a sense of cautious optimism. It even seemed like normal service might finally resume. The battle for talent got more competitive as employees made their new working expectations clear. ESG commitments moved [...]