FTSE 100 Live: Stocks to tumble as interest rate decision looms; Oil falls as ‘economic catastrophe’ avoided
German chancellor Angela Merkel says there is a problem with the weak euro February 18, 2017 German chancellor Angela Merkel has said there is a “problem” with the value of the euro, in an unusual comment at a time when the country has come under sustained criticism over the currency. At a security conference in Munich Merkel said: "We have at the moment in the Eurozone of course a problem with [...]
Prime Minister Theresa May to work on new domestic violence law February 18, 2017 Prime Minister Theresa May has announced she will be leading work on a new law on domestic violence and abuse. There is an “unacceptable diversity” in the way domestic abuse is handled by police forces around Britain, Downing Street said in a statement. Along with her efforts to tackle modern slavery, domestic abuse is an [...]
Deliveroo claims to have created over 6,000 gig economy jobs in first four years of operation February 18, 2017 Deliveroo has created over 6,000 jobs in the UK, according to a new study commissioned by the food delivery company as it reaches its fourth year since making its first delivery. The company saw UK orders increase by 650 per cent in 2016 as it undertakes a rapid pace of expansion. The company has created [...]
Property Legal Q&A: I own a flat that has 87 years left to run on the lease. Should I extend the lease? February 18, 2017 A: A longer lease has the advantage of being both more mortgageable and more attractive in the market. A leasehold flat whose term has significantly reduced (say to below 50 years) is a wasting asset, and extending its lease term is essential to preserve the value. The Government in the recent Housing White Paper states [...]
American commitment to Nato is “unwavering” says US vice president Mike Pence February 18, 2017 American vice president Mike Pence has told world leaders the US would remain committed to Nato, after President Donald Trump questioned the worth of the military alliance. Pence offered “unwavering” commitment to Nato and said the US “is now and will always be your greatest ally” to delegates including German chancellor Angela Merkel at a security [...]
Kelly Hoppen interview: The interior design entrepreneur tells us why she’s gone all retro February 18, 2017 Kelly Hoppen tells me that she’s gone all retro: basketry chairs, bold fabrics, colour, leaf. Does this mean that the queen of taupe, corkscrew– curled Hoppen is turning hippie? “Homes are becoming much more loose,” she says, citing the OTT banana–leaf wallpaper, as seen in the Beverly Hills Hotel, that she says is coming back. [...]
The Treasury says RBS may not have to sell Williams & Glyn after all under £750m deal February 18, 2017 The government has announced RBS may not have to sell its 307 Williams & Glyn branches, with the bailed-out bank instead being forced to spend £750m on a competition-boosting fund for challenger banks. Europe’s commissioner for competition policy will start the process of finding an alternative to a sale, which could see a removal of [...]
RIBA’s new exhibition examines the story behind the 30-year fight for Bank junction February 17, 2017 In a city where buildings are always rising, architectural taboos are quickly digested; and nowhere is this more true than in the City of London. Since the Big Bang, it has been impossible to preserve the City’s original layout, but conservationists have still been active in trying to maintain the Square Mile. In an upcoming [...]
London’s T-charge, which will affect up to 10,000 high pollution vehicles, will be introduced in October February 17, 2017 Take a deep breath – or don't… yet. There's going to be a new emissions charge in the City starting 23 October. London mayor Sadiq Khan today confirmed his plans for a £10 emissions surcharge, or T-charge, on older polluting vehicles in the city centre. Khan announced the news on the 14th anniversary of London's congestion charge, [...]
Could Tony Blair be Labour’s next leader? Bookies are offering odds on it happening… February 17, 2017 Tony Blair's rousing anti-Brexit speech today may have garnered plenty of opposition – not least from the foreign secretary, who accused the erstwhile PM of insulting the electorate's intelligence. But some suggest the speech may have been Blair's first step towards staging a glorious comeback. William Hill has put the odds of Blair standing in [...]