What’s the easiest way to send funds back to the UK? February 7, 2020 | City Talk Home is where the heart is, which is why many expats choose to send money back to the UK even with a new life abroad. There are many reasons why you may need to repatriate funds, such as property maintenance, pension payments, or helping out with school fees. It might be that after enjoying the [...]
Change is in the air across the Irish Sea, as Leo Varadkar is learning the hard way February 7, 2020 Change is the word du jour across the Republic of Ireland right now. As the General Election comes to its final stages tomorrow, the word has become so ubiquitous — in the leaders’ debates and on the campaign trail — it feels it has lost all meaning. For nearly 10 years, centre-right Fine Gael has [...]
Jaguar Land Rover to reduce production at two British factories February 7, 2020 Jaguar Land Rover (JLR) is set to reduce or stop production on specific days at two of its British factories in the coming weeks. The British carmaker is looking to cut costs due to falling demand. JLR saw a 2.3 per cent fall in retail sales in the three months to the end of December. [...]
Iowa caucus: Pete Buttigieg wins Democrat vote by 0.1 per cent February 7, 2020 Pete Buttigieg narrowly won the Democrats’ presidential Iowa caucus, the state party said last night, after a long delay in releasing the results of the first contest in the race to pick a challenger to Republican President Donald Trump. Buttigieg, the moderate 38-year-old former mayor of South Bend, Indiana, edged out progressive US senator Bernie [...]
Burberry says coronavirus has had ‘more significant impact on sales than Hong Kong protests’ February 7, 2020 Burberry has said that the coronavirus outbreak in China has had a more significant impact on its sales than the last year’s Hong Kong protests. The luxury fashion group has had to close around 24 of its 64 stores in China, while the rest were operating on reduced hours. The Chinese market accounts for around [...]
UK house prices leap 4.1 per cent in bumper January – Halifax February 7, 2020 UK house prices jumped 4.1 per cent in January on an annual basis to come close to a two-year high, fresh figures from Halifax showed today. Homes rose 0.4 per cent in value compared to December, and climbed 2.3 per cent on a quarterly basis, Halifax’s house price index revealed. Russell Galley, managing director of [...]
London Southend Airport named UK’s fastest growing airport in 2019 February 7, 2020 London Southend Airport has been named as the UK’s fastest-growing commercial airport for 2019, according to new data from the Civil Aviation Authority (CAA). The aviation watchdog’s data has revealed that the number of passengers choosing to use the airport grew by 37.5 per cent last year. London Southend’s Airport saw a new record high [...]
Ofgem to lower the energy price cap by £17 for 15m households February 7, 2020 Ofgem will cut the energy price cap by £17 from April as lower wholesale costs drive the price downwards, the regulator confirmed today. That will leave the default price cap at £1,162 for April to September, down from its previous level of £1,179. Ofgem said 11m households will benefit from the lower cap. The pre-payment [...]
Pets at Home appoints new chairman February 7, 2020 Pets at Home has appointed current Studio Retail Group chair Ian Burke as its new chairman. Burke will takeover the role from the outgoing non-executive chairman Tony DeNunzio following a hand over process. The pet product and veterinary company announced that DeNunzio would be stepping down in its interim results last November. In a statement, [...]
Admiral foresees higher profit on motor claims February 7, 2020 UK insurer Admiral has predicted it will post higher-than-expected profit in its 2019 full-year results, after a change to personal injury insurance rules led to higher reserve releases and commission revenue. Admiral said in a trading update it expects to post a group profit before tax for 2019 in the range of £510m to £540m, [...]