Fed rate hike: Index sharply lower after Janet Yellen remarks – New York Report December 2, 2015 Hawkish comments from Federal Reserve chair Janet Yellen yesterday which boosted expectations of an interest rate hike pulled US stocks sharply lower. Investors also attributed late-day selling to news coverage of a shooting in southern California, in which 12 people are said to have been killed . The Dow Jones industrial average fell 158.67 points, [...]
Taxi drivers and Uber battling to win support with just 20 days left for TfL consultation December 2, 2015 NULL
London house prices: stamp duty reforms put brakes on the capital’s prime property market December 2, 2015 George Osborne’s tougher stamp duty regime has put the brakes on London’s prime housing market, Knight Frank figures show, as annual price growth slowed to 0.9 per cent in November. The upmarket estate agency said annual growth has fallen to its lowest level since October 2009, with a monthly decline of 0.3 per cent contributing [...]
The US Federal Reserve is on course for a December interest rate hike, hints Janet Yellen December 2, 2015 The Federal Reserve is on course to raise interest rates from record lows this month, the US central bank's chair has signalled, provided there are no economic data surprises over the next two weeks. “Many FOMC participants indicated in September that they anticipated, in light of their economic forecasts at the time, that it would [...]
Business groups slam shadow chancellor John McDonnell’s proposal for ministers to “kitemark” businesses December 2, 2015 Business groups have hit back at shadow chancellor John McDonnell’s suggestion that a Labour government would recognise firms for meeting living wage targets and paying their taxes “transparently and properly”, while naming and shaming those who failed to comply. Speaking at the London Chambers of Commerce yesterday, McDonnell said Labour would bring in a “Good Business” [...]
Including foreign students in the net migration cap is sheer buffoonery December 2, 2015 If reports are true that the government may exclude foreign students from the net migration cap, it’s cause for celebration. The migration cap helps nobody, and limiting the number of foreign students who can come – and pay – to study in Britain is particularly senseless. It might just be a sign that a Prime [...]
Russia levies Islamic state oil claims at Turkey December 2, 2015 Russia's defence ministry today claimed that it has proof Turkish president Tayyip Erdogan and his family were benefiting from the illegal smuggling of oil from Islamic State (Isis) held territory in Syria and Iraq. Deputy defence minister, Anatoly Antonov, said during a major briefing on new findings concerning Isis funding by Moscow: "Today, we are presenting only some facts [...]
Are your meetings a complete waste of time? These nine meeting commandments will make them more productive – and cut wasted time December 2, 2015 In a world where instant online communication seems to dominate, it looks like we still prefer to meet face-to-face or at least voice-to-voice to get things done. The average worker currently spends 37 per cent of their week in meetings, be that in person or via video or audio conferencing. This is not a figure that is likely [...]
Syria air strikes vote: Yvette Cooper, Margaret Beckett and Tim Farron say they’ll vote for bombing during all-day debate December 2, 2015 Labour, Liberal Democrat and DUP MPs have all backed British air strikes against Islamic State (Isis) targets in Syria in today's all-day debate in the House of Commons. High-profile Labour backbenchers, including former shadow home secretary Yvette Cooper and former deputy Labour leader Margaret Beckett, have said they will vote in favour of the government's proposals for [...]