London house prices: How Brexit uncertainty has hit house prices in every borough May 20, 2019 London is “acting as a drag” on the rest of the UK housing market, with prices across the capital falling in the last year, according to new figures from property giant Rightmove. Read more: UK house prices suffer fifth month of Brexit-hit growth While some regions in the UK such as the midlands and the [...]
Bitcoin bounces as the pound plunges: what’s next for global markets? May 20, 2019 | City Talk Last week was all about a modern currency enjoying some big moves – all while a more established one was plunging. Bitcoin has been grabbing its fair share of headlines in recent months, with the crypto favourite trading above $8,000 last week for the first time since July last year. This served to bring the [...]
To avert the deluge, business must unleash its heroic spirit May 20, 2019 After us, the deluge. These are the words not of our Prime Minister, but from another troubled time and uttered by Madame de Pompadour, the lover of King Louis XV of France. The French Revolution would prove the prophecy. And for revolutionaries since, the idea of the deluge has inspired. Karl Marx went as far [...]
Walking the walk: The City is on a journey to revolutionise transport in the capital May 20, 2019 For Londoners, complaining about public transport is as commonplace as complaining about the weather. The City of London is the most accessible part of the capital, served by 15 Tube stations, seven Tube lines, eight mainline stations, multiple bus routes, and a fast-evolving bicycle network, but with a working population of 513,000 and home to [...]
London house price growth falters despite annual spring surge May 20, 2019 House prices in London remain down year-on-year despite the annual spring surge, driven by a slump in inner city sales, according to property website Rightmove. Greater London recorded a monthly rise of 1.2 per cent, equivalent to £7,339, pushed largely by outer London properties that rose 1.9 per cent. Inner London prices, meanwhile, registered a [...]
Let’s bring an end to landing cards May 19, 2019 London is a gateway to our great country with millions flying into our airports each year. Tourism and business are key drivers for our thriving economy and so it’s important that we have the best border systems and controls in the world and can give those coming to the UK the warmest welcome. When I [...]
Fast food chain Leon reports widening loss as rising costs hit margins May 19, 2019 Fast food chain Leon posted a record turnover of more than £65.2m last year but a third consecutive loss as it increases its UK footprint. The healthy food company has had a rapid rise in recent years, increasing its turnover by more than 15 per cent last year – from £56.3m in 2017 – [...]
Jeremy Corbyn hints at softened stance on freedom of movement May 19, 2019 Jeremy Corbyn has hinted that Labour could be prepared to accept freedom of movement if it were leading the Brexit negotiations with Europe. Freedom of movement is one of the four governing principles of the EU, along with the free movement of goods, services and capital. The party had previously ruled out freedom of movement, [...]
Theresa May promises MPs a ‘new and improved’ Brexit deal ahead of vote in June May 19, 2019 Theresa May has promised to put a "new and improved" deal before MPs when they are asked to vote on the Withdrawal Bill in the first week of June. The Prime Minister, who will soon agree her departure date from Downing Street, promised that the Withdrawal Agreement Bill (WAB), which will enshrine the Withdrawal Agreement into law, [...]
Withdrawal Agreement Bill should include a public vote, says shadow Brexit secretary May 18, 2019 The shadow Brexit secretary has called on the government to add a public vote to the Brexit legislation that MPs are set to vote on in June. Sir Keir Starmer believes that the inclusion of a second referendum in a withdrawal agreement bill would "break the impasse" between the Conservatives and Labour, after discussions ended [...]