Theresa May given overwhelming support for leader of the UK in latest poll August 11, 2016 An overwhelming plurality of people back Theresa May for Prime Minister over Jeremy Corbyn, according to the latest poll. A TNS BMRB poll found 44 per cent of people think May is a better leader for Britain than her Labour counterpart, who garnered just 16 per cent of support. The poll gives the Conservatives a [...]
Watch this stunning captain’s-eye view of landing a plane in London August 11, 2016 Every time you think you've seen the capital from every possible angle – whether it's from space, or from the perspective of someone jumping from one of its skyscrapers – a new view comes along, putting London in an entirely new perspective. The latest comes in the form of a video which puts you in the cockpit [...]
Will Mark Carney’s corporate bond-buying help UK companies? August 11, 2016 Companies across the UK are bracing themselves for a shake-up to the way they raise cash on the corporate finance market as the Bank of England prepares to start buying private sector debt. Threadneedle Street will buy around £10bn of top-quality corporate bonds as part of its mission to help the UK avoid a recession [...]
Businesses went berserk for office space in central London after the Brexit vote August 11, 2016 Businesses flooded back into central London after the Brexit vote, new research has suggested – with the amount of new office space leased by firms jumping by 24 per cent. Research by CBRE suggested businesses leased 980,400 sq ft of office space in July, a quarter more than in June and the strongest monthly average [...]
These airports have the most expensive parking charges August 11, 2016 The RAC has slammed airports across the UK for charging customers "sky high" parking fees. It said that most of the UK's 20 busiest airports charge motorists for dropping off passengers, however six of them "still offer some free parking provision". London's Luton and Stanstead airports insist on a minimum of £3 for a stay [...]
Derwent London’s share price suffers as the property company downgrades rental forecast August 11, 2016 Property landlord Derwent London's share price fell this morning after the company lowered its rental growth forecast due to the Brexit vote. In its interim results for the half year ending 30 June, Derwent London said: "the outcome of the EU referendum may lower activity", and reduced its estimate of rental growth from between five and eight per [...]
Former business minister calls for BT Openreach split August 11, 2016 BT is not doing enough to give customers access to high speed internet and should be split up, according to the former business minister Anna Soubry who has called for "radical action" to deliver super fast broadband across Britain. The telecoms firm last week dodged a bullet when the regulator, which pushed further reforms of Openreach [...]
Aldermore becomes the latest challenger bank to shrug off Brexit with 50 per cent boost to profits August 11, 2016 Aldermore has today reported a huge boost to its bottom line, while revealing it feels it can keep on smiling throughout the Brexit uncertainty. The figures The challenger bank reported profit before tax of £59m for the first half of 2016, up 50 per cent from the prior year's £40m. Meanwhile, underlying profit before tax increased to £63m, [...]
Chinese firm linked to Hinkley Point accused of nuclear espionage August 11, 2016 The Chinese firm which has been lined up to invest in the Hinkley Point C power plant is facing a nuclear espionage charge in the United States. China General Nuclear Power (CGN) allegedly conspired to steal American energy industry secrets to fast track the development and production of Chinese reactor technology. Read more: Is May set to abandon [...]