UK house prices drop in March amid Brexit uncertainty after shock rise, says Halifax April 5, 2019 UK house prices grew 2.6 per cent year on year in March, but fell compared to the month before, according to data released today. The value of the average UK home hit £233,181 last month, after growing 1.6 per cent between January to March compared to the three months to the end of December. Read [...]
Poll: Sterling set to rise three per cent if Brexit deal looks likely April 5, 2019 Sterling will jump three per cent if it looks likely the government will secure a Brexit deal, but will drop five per cent if talks fail, according to a Reuters poll. The pound plummeted following the 2016 referendum and has been volatile ever since as the market reacts to every development in the Brexit negotiations. [...]
Prime Minister Theresa May asks EU for Brexit delay until 30 June April 5, 2019 Prime Minister Theresa May has written to Donald Tusk requesting an extension to the Brexit deadline until 30 June. She asked for an option for the UK to withdraw earlier if a deal is agreed, but admitted the delay means the UK may have to take part in the European parliament elections in late May. [...]
Brexit: Donald Tusk hints EU could back 12-month flexible Article 50 delay April 5, 2019 European Council president Donald Tusk is set to offer the UK a 12-month delay to Brexit, it is reported. Read more: House of Commons sitting suspended due to water leak Tusk would make this a “flexible” extension that allows the UK to quit the EU before the year is up if parliament agrees a deal, [...]
Some things are better left unread – here’s why you need to ditch the office email April 5, 2019 Email can feel like a quick, modern form of communication, but in reality it could not be more outdated. In the world of business, we’ve been using this same format for decades. And now the wear marks are starting to show. Sure, email is easy enough to use. It has its advantages. But the conversations [...]
The current Brexit approach guarantees failure – when will the no-dealers wake up? April 5, 2019 The Brexit process resembles a slow motion car crash. But of all the many twists and turns that we have had to endure in recent weeks, perhaps the most torturous has been the path trodden by the most committed proponents of the UK’s exit from the EU: the so-called “no-dealers”. Having once been the shock [...]
Brexit uncertainty has cost the UK economy £66bn, says S&P April 4, 2019 Brexit has cost the UK economy £66bn in lost growth, according to ratings agency S&P. Had the UK voted to remain in the EU in 2016s referendum the economy would have been three per cent larger by the end of 2018, the group’s report said. Read more: Brexit delay wins MPs' support by a margin [...]
Self-driving cars could inject £62bn into UK economy by 2030 if Brexit is a success, says trade body April 4, 2019 Self-driving cars could provide Britain's economy with a £62bn boost by 2030, but only if the UK agrees a favourable Brexit deal, a report by a leading trade body has found. The report, produced by the Society of Motor Manufacturers and Traders (SMMT), says the UK is the world's number one location for connected and [...]
The burden of business rates falls unfairly on the West End April 4, 2019 This week, UK retailers received one of their biggest tax bills of the year. The consequences of the 2017 revaluation of business rates will again be felt, with a further hike of nearly 50 per cent for some companies. Retailers in London’s West End and Mayfair will once again be hardest hit, paying the lion’s [...]
Five high-quality European stocks for an ISA April 4, 2019 | City Talk By Rodney Hobson from interactive investor. Our author and columnist offers some tips on choosing ISA stocks and identifies a handful of top picks. Rodney Hobson is an experienced financial writer and commentator who has held senior editorial positions on publications and websites in the UK and Asia, including Business News Editor on The Times [...]