Flexible office rents tumble as London boom fuels more spaces February 24, 2019 Fresh evidence of a boom in the capital’s flexible workspace market has come to light with a report out today that shows a sharp rise in new spaces coming to the market. Growing demand for shorter leases led to more than 150 new flexible office space business centres opening in Central London during 2018, marking [...]
MPs in uproar as Theresa May delays Brexit meaningful vote February 24, 2019 Number 10 has confirmed reports that the Prime Minister will delay this week's meaningful vote on her Brexit deal. Theresa May told journalists on board a flight to Sharm El Sheikh that the meaningful vote on her Brexit deal will now be held by 13 March – just two weeks until the UK's scheduled exit date [...]
Jeremy Corbyn needs to change the Labour party to solve the ‘crisis for its soul’, says Tom Watson February 24, 2019 Tom Watson has said Jeremy Corbyn must change to resolve the "crisis for the soul of the Labour party” that has escalated with the loss of nine MPs to the Independent Group. Labour's deputy leader warned that the party's approach to tackle anti-semitism in the party had "very patently…not been adequate", and that the loss of nine [...]
Theresa May warns Brexit must not be frustrated amid Cabinet mutiny over no deal February 24, 2019 Theresa May has said the government must maintain an "absolute focus" of delivering Brexit after senior Cabinet ministers warned they could vote to delay article 50 to thwart the chance of leaving without a deal. The Prime Minister told Tory party activists over the weekend that government "must not, and I will not, frustrate what was the [...]
HMRC blames no-deal Brexit preparation for penalty letter delays February 23, 2019 The UK’s tax authority, HM Revenue & Customs, has said a delay in sending out penalty notices for the late filing of self-assessment returns is due to preparations for a no-deal Brexit. HMRC revealed on Friday in a technical publication that it would send out £100 penalty notices as late as 24 hours before higher [...]
Jeremy Corbyn will defend his Labour leadership at a rally on Saturday February 23, 2019 Jeremy Corbyn is set to defend his leadership of the Labour Party after nine MPs quit this week. The MPs quit to become independents with concerns over Corbyn’s approach to Brexit and the wider allegations of anti-semitism within the party. Corbyn is expected to remind supporters of the huge support he received at the 2017 [...]
Greg Clark, Amber Rudd and David Gauke issue Brexit delay warning February 23, 2019 Three cabinet ministers have warned that they will vote to delay Brexit if parliament does not approve a deal soon. Business secretary Greg Clark, work and pensions secretary Amber Rudd and justice secretary David Gauke told the Daily Mail that they would defy the prime minister and vote to extend Article 50 if no deal [...]
Government departments spend more than £100m on Brexit consultant contracts February 23, 2019 The UK government has contracted outside help on Brexit in deals worth £107m since the 2016 EU referendum. The majority of that money has been spent on consultancy work, with more than £90m given to companies specialising in those services ahead of the UK’s exit from the European Union. There are six companies receiving contracts [...]
London house prices to fall three per cent after a no-deal Brexit February 22, 2019 House prices in London could dip three per cent after a no deal Brexit, new research has found. In the event of Britain and the EU failing to reach an agreement, housing prices in London could fall three per cent in the six months following the 29 March deadline, according to a Reuters poll out today. Read [...]
Pound drops against dollar amid Brexit uncertainty February 22, 2019 The pound dipped to $1.29 against the dollar today after another week of ongoing Brexit uncertainty. Sterling dropped below $1.30 this afternoon as Theresa May was unable to renegotiate elements of the withdrawal agreement with the EU this week. Read more: Ofcom publishes no-deal Brexit draft broadcast TV licences May failed to reopen negotiations however, [...]