Brexit inspires Collins’ first-ever ‘Brexicon’ November 7, 2019 The Collins Dictionary put a spin on its annual word of the year announcement today by releasing its ‘Brexicon’, a list of ten words brought to prominence by Brexit – “for better or for worse.” ‘Cakeism’ – a wish to enjoy two desirable and incompatible alternatives – rubs shoulders with ‘Brexiety’ – a state of [...]
Revealed: These are London’s most overcrowded Tube lines November 7, 2019 London’s Tube lines are running at overcapacity during morning rush hour, new figures have revealed. Statistics from mayor of London Sadiq Khan show that morning peak hour capacity on the London Underground is more than 100 per cent, with the Northern, Central and Jubilee lines the most crowded. Read more: TfL adds more trains to [...]
Let’s get fiscal: How the Tories’ and Labour’s spending plans compare November 7, 2019 The UK’s two biggest parties have today pledged a major shake-up of current fiscal rules, paving the way for the greatest level of investment in over a generation. Under a Conservative government, fiscal rules would be relaxed to create “a decade of renewal”, boosting investment from around 1.8 per cent to three per cent of [...]
BritBox launches in the UK – but can it challenge Netflix? November 7, 2019 BritBox, the new streaming service from the BBC and ITV, has launched in the UK this morning as broadcasters attempt to muscle in on the lucrative online television market. The platform, which announced this morning that it would also feature content from Channel 4 and Channel 5, is entering a crowded market, with market leaders [...]
Persimmon blames sales drop on customer satisfaction drive November 7, 2019 Housebuilder Persimmon today blamed a drop in first half sales volumes on the implementation of a new customer care improvement plan. Under the plans Persimmon has restricted the release of new homes for sale until construction has reached a more advanced stage, meaning sales declined six per cent year on year to 7,584 homes. Read [...]
Flutter boosts revenue ahead of £11bn Stars merger November 7, 2019 Gambling operator Flutter Entertainment boosted revenue 10 per cent in the third quarter ahead of its £11bn merger with Stars Group. Flutter – previously Paddy Power Betfair -said revenue in the quarter to 30 September rose 10 per cent to £533m. The company also upped its profit guidance for its US business after revenue grew [...]
Bank of England: Brexit deal and trade wars will limit UK growth November 7, 2019 Boris Johnson’s Brexit deal and global trade tensions are likely to hold back growth in the UK economy over the next three years, the Bank of England has said. British national income will be one per cent lower by 2022 than originally thought, the Bank predicted today in its quarterly deep-dive into the economy. Read [...]
London house prices: How London boroughs’ house prices have changed since the last election November 7, 2019 Prime central London house prices have taken the biggest hit since the last general election, as previously less desirable areas gain popularity. London constituencies further away from the centre were the biggest winners between June 2017 and now as buyers sought cheaper properties. Read more: UK house price growth slows in October House prices made [...]
General Election 2019: John McDonnell pledges ‘cutting-edge fiscal rules’ November 7, 2019 A Labour government would rip-up the basis for fiscal rules, to exclude borrowing for investment from targets “so it’s recognised as both a cost and as a benefit”. Speaking from Liverpool Riverside, a seat held by former Labour MP Louise Ellman who quit last month over anti-Semitism concerns, John McDonnell told supporters a Labour government [...]
London mayor race: Rory Stewart falls behind to third place November 7, 2019 Rory Stewart has fallen behind early in the 2020 London mayoral race as polling shows the former Conservative cabinet member is 32 points adrift of Sadiq Khan. The mayor of London has a significant lead in the YouGov/Queen Mary University poll, with 45 per cent of the vote – a 2 per cent increase from [...]