No-deal Brexit to accelerate London house price drop September 2, 2019 London house prices could sink up to seven per cent next year if no Brexit deal is reached by the 31 October deadline date, according to the latest research. If the UK exits the European Union with a deal London house prices will fall by a smaller 4.7 per cent, continuing the trend of declining [...]
CBI: Businesses should do more to show their impact on local communities September 2, 2019 The Confederation of British Industry has called on businesses to do more to show their impact on the local community. Only two in five people in the UK believe that businesses are working to improve people’s lives locally, according to a new study by the CBI. Read more: UK companies to miss research investment target [...]
Activists quieter in first half of the year as political uncertainty hits September 2, 2019 European businesses could breathe a sigh of relief as activist investors opened fewer campaigns in the first half of 2019. The number of demands made by activists in Europe was more than 14 per cent lower over the period compared to last year, according to figures from Activistmonitor. Read more: Just Eat faces pressure as [...]
‘Catastrophic’ category five Hurricane Dorian hits Bahamas September 1, 2019 Hurricane Dorian today intensified into a “catastrophic” category five storm and the second strongest Atlantic hurricane on record as hit the Bahamas, which it is expected to batter with rain, winds and waves for two days. Read more: Donald Trump’s personal assistant leaves White House The storm is then forecast to head towards Florida on [...]
Arsenal 2-2 Tottenham: Honours even as Eriksen shines in frenetic north London derby September 1, 2019 This was a result that both teams would probably have taken beforehand but truly satisfied no one – except perhaps the neutrals, who were treated to an early contender for most breathless, frenetic and combustible Premier League match of the season. Arsenal would have settled for a point and improvements in all departments on last [...]
Can Tory mayoral hopeful Shaun Bailey turn City Hall blue? September 1, 2019 It is fair to say that Shaun Bailey’s bid to become the next mayor of London did not get off to a flying start. The seasoned activist and campaigner faced a barrage of criticism from his political opponents after some tactless comments he once made about multiculturalism resurfaced and were widely shared across social media. [...]
Arcadia denies it is preparing to dismantle brands plans September 1, 2019 Sir Philip Green’s retail empire Arcadia has denied it is preparing to sell off its brands, which include high street retailers Topshop and Dorothy Perkins. Arcadia has reportedly started to separate its centralised functions such as human resources and IT as it prepares to dismantle the group. Read more: US landlords withdraw legal challenge to [...]
Berkeley Group faces opposition to new bonus policy September 1, 2019 Berkeley Group is facing opposition to its payment policy after a shareholder advisory firm urged investors to vote against the housebuilder’s new bonus structure at a meeting this week. The payment policy has been opposed by Institutional Shareholder Services (ISS), which said proposals to axe its bonus were “unlikely to affect the remuneration received by [...]
Sajid Javid to meet City figures for talks on a no-deal Brexit September 1, 2019 Sajid Javid will meet key City figures tomorrow in a bid to persuade them that a no-deal Brexit could provide opportunities for businesses. The chancellor is to hold a meeting with the bosses of financial powerhouses such as Barclays, Goldman Sachs and the London Stock Exchange Group on Monday, which will also be attended by [...]
Neil Woodford points finger at ‘unfavourable’ markets for fund woes September 1, 2019 Neil Woodford defended his under-fire investment strategy over the weekend, citing “unfavourable” conditions and a momentum-driven market for the recent failures within his flagship fund. The former star stockpicker pointed the finger at “a narrow fixation on businesses that are seen as beneficiaries of a reflationary global growth scenario” for the underperformance of his own [...]