How to save when buying or selling property overseas February 25, 2016 Sterling has had a tough start to the year against key major currencies like the dollar and the euro. And there is talk of it weakening further as 2016 progresses.For anybody buying property abroad this is unlikely to be good news. So the question is, can you do anything to protect yourself? Some economic commentators [...]
Save money on international transfers February 25, 2016 Stock markets have provided an interesting if not slightly stormy narrative to the beginning of 2016, and many City commentators are forecasting more of the volatility that was so prevalent during last year. If this proves to be the case currency markets are likely to be a bit choppy too. Sterling weakness Just like stock [...]
Energy crunch looming as older power stations turned offline February 25, 2016 The country is facing a fresh energy crisis according to a new report that suggests the gap between electricity supply and demand is shrinking. The research, carried out by law firm Bircham Dyson Bell, found emergency measures will keep the lights on, but will likely result in price spikes for both consumers and businesses. This [...]
Next Mayor of London will face 22 per cent London housing deficit February 25, 2016 London has entered 2016 more than 20 per cent behind its new homes aims, which will put Mayor of London Boris Johnson's successor under huge pressure, according to analysis from Stirling Ackroyd. London planning departments approved just 32,910 new homes in 2015, 22 per cent lower than its official annual target of 42,000, adding to [...]
UK car production has best January since 2008 as exports jump – SMMT February 25, 2016 British car production has had its best January since 2008, according to data released this morning. UK car makers built 137,552 vehicles in January, up eight per cent on the same month last year, the Society of Motor Manufacturers and Traders (SMMT) said. Demand from abroad helped boost sales. The number of vehicles exported rose 9.7 [...]
Britain is a nation of technophiles; We love our smartphones so much we have to touch them every four minutes February 25, 2016 For some commuters, walking into lampposts is a daily occurrence as we can't take our eyes away from our mobile screens, but has Britain's love affair with technology gone too far? Britons now touch their phones every four minutes throughout the day, according to new research. We interact with our phones 253 times a day, [...]
EU referendum: Three in four property investors think Brexit would make the UK a worse place to invest in property according to new CBRE poll February 25, 2016 Nearly three in four property investors think Britain leaving the European Union would make the UK a worse place to invest in property, according to a major new report out today. Global property adviser CBRE found that investor sentiment has "hardened" against the UK leaving the EU in recent years, with 2016 showing a sharp drop in [...]
EU referendum: Brexit battle is brewing within City of London Corporation as members call for neutrality in run-up to EU referendum February 25, 2016 The referendum on Britain’s European Union membership is threatening to tear apart an historic City institution, as members of the City of London Corporation dispute whether the Corporation should back the remain or leave campaigns. In an open letter published on Monday in City A.M., more than a dozen City grandees urged the Corporation to [...]
Cyber crime rockets: Shocking rise in senior staff attacking businesses as threat levels continue to soar following hacks at TalkTalk and Sony Pictures February 24, 2016 Cyber crime targeting British businesses has rocketed 130 per cent over the past two years, with so-called “silver fraudsters” stepping up their fraudulent activity. The full scale of computer crime is laid bare in a new investigation by accountancy giant PwC that ranges from senior managers dipping their fingers in the digital till to large-scale cyber [...]
Business secretary Sajid Javid says the steel sector won’t be bailed out like banks amid industry pressure February 24, 2016 Britain's steel industry should not expect to be bailed out in the same way that banks were after the financial crisis, according to business secretary Sajid Javid. Speaking at the EEF National Manufacturing Conference, Javid gave a stark warning that public funds will not be used to help out the crisis-struck steel industry, which has seen thousands [...]