Interest in commercial property from abroad has nosedived since the Brexit vote February 1, 2017 The number of foreign companies looking for commercial property in the UK has fallen 40 per cent since the EU referendum, new research has suggested. Commercial real estate portal Property.Works said while foreign firms accounted for 11.3 per cent of all its searches in the first five months of 2016, that dropped to 6.7 per cent [...]
Severe weather warning for wind in London as forecasters warn of Arctic blast ahead February 1, 2017 Hold onto your hats in the next couple of days: London is about to become blustery, after a severe weather warning was issued for parts of England and Wales, including the capital. The Met Office said a number of "potentially vigorous low pressure systems" were on the way over the next few days, which could [...]
It’s official: Roaming charges across Europe are over February 1, 2017 Roaming charges for using your mobile phone across Europe will officially end this summer after officials in Brussels agreed the "last piece of the puzzle" in its plans to ditch the expense of staying in touch while abroad. Making calls, sending texts and using the Internet will now cost the same in any country of [...]
There’s going to be another protest against Donald Trump in London this weekend February 1, 2017 As corporate resistance to US President Donald Trump's travel ban grows, Londoners are preparing to protest against it for the second time in a week. Trump has banned visitors from seven Middle Eastern countries, and tens of thousands of protestors are expected to protest outside the US embassy in London on Saturday, calling for Theresa [...]
TalkTalk chief executive Dido Harding hands over the reigns the firm’s largest shareholder February 1, 2017 Dido Harding has announced she is stepping down as TalkTalk chief executive after seven years in the role. She led the company through a massive cyber attack in 2014, which hammered the group's share price and prompted calls for her resignation. Harding has also been a vocal opponent of BT's continued ownership of the Openreach broadband network, [...]
TalkTalk insists it’s holding onto customers February 1, 2017 TalkTalk revenues have slipped over five per cent – but the firm claimed it had stemmed the number of customers leaving for rival operators. The figures Revenues for the third quarter to December fell to £435m compared with £459m over the same period last year. Profits were also down at £332m from £351m. Some 516,000 customers decided [...]
House price growth falls to 14-month low February 1, 2017 UK house annual price growth fell to 4.3 per cent in January, down from a year-on-year growth of 4.5 per cent in December. As compared to the month before, house price growth edged up 0.2 per cent, according to figures from Nationwide. But it is thought that overall this year the housing market will be cooler [...]
Rocketing Chinese M&A at risk from new rules and global protectionism February 1, 2017 Chinese mergers and acquisitions (M&A) activity into North America grew by 412 per cent last year, according to figures out today. Outbound acquisitions overall were up 201 per cent in Europe, meanwhile, and globally 114 per cent to $208.6bn (£166bn) in value. Read more: China, Mexico, Japan: Who's afraid of Trump's protectionism? Law firm Clifford [...]