London house prices set to slide as caution lingers in the UK property market November 8, 2018 Fears of flat activity in London’s housing market were underlined by a new closely-followed survey this morning, which suggested property prices will continue to sink as buyer caution looms over the capital. According to data released today from the Royal Institution of Chartered Surveyors, 41 per cent more respondents have predicted a further fall rather [...]
Theresa May invites ministers to preview draft EU deal November 7, 2018 Theresa May has invited Cabinet ministers into Downing Street to catch a glimpse of the UK’s draft deal with the European Union. The deal being discussed is not the full withdrawal agreement and crucially does not contain the protocol on Northern Ireland, which Downing Street said was still to be finalised as negotiations were ongoing. The [...]
Irish Prime Minister casts fresh doubt on chances of reaching November Brexit deal November 7, 2018 Irish prime minister Leo Varadkar has said hopes of reaching a Brexit deal later this month are fading, echoing comments by the EU's chief negotiator Michel Barnier that "we are not there yet". Speaking at a conference while on a visit to Helsinki, Finland, the Taoiseach said: “I do think that, with every day that passes, the possibility [...]
Brexit bilateral deals will create a ‘migraine’ for private aviation, says industry CEO November 7, 2018 Bilateral aviation agreements with the EU after Brexit would create a "migraine" for the private jet industry, the boss of global booking platform PrivateFly has said. PrivateFly chief executive Adam Twidell, a former RAF pilot who launched the business with his wife Carol in 2008, told City A.M. that the possibility of Britain striking a number of [...]
Don’t look now: UK car sales slump hits car dealer Lookers November 7, 2018 Car dealer Lookers reported positive trading today despite a fall in profit from new cars as the industry continues to reel from new regulations. Lookers said gross profit from new cars was down five per cent year on year in the nine months to the end of September, citing a shortage in supply following strict [...]
The EU’s highest court sets date to decide whether the UK can reverse Brexit November 7, 2018 The EU’s highest court has set a date to decide whether or not Britain can reverse its Brexit decision. The European Court of Justice (ECJ) will review if it is possible for Britain to withdraw its decision to leave the EU in March 2019 on 27 November, according to Reuters. There is no indication of when [...]
ITV warns that economic uncertainty will hit advertising revenues November 7, 2018 ITV's share price fell almost 3 per cent today to 150p as it predicted a dip in advertising revenue at the end of the year as continued economic uncertainty takes its toll on the broadcaster. The channel's performance in the first nine months of the year was in line with expectations, recording a six per cent increase in [...]
Good news – the evidence is in from across the Atlantic, and tax cuts benefit everyone November 7, 2018 From discussions on how the UK should reform its tax and regulatory landscape to make the most of post-Brexit opportunities, to the rallies midterm election candidates have been holding across the US championing or lambasting the President’s tax cuts, the debate is still raging about how changes to taxes impact economies. But if you need [...]
Politicians should be wary of regulating the internet November 7, 2018 The internet is under scrutiny like never before. On Monday, Sir Tim Berners-Lee, architect of the world wide web, warned of his invention’s detrimental effect on society and democracy, and launched a “Magna Carta” so people can use it “freely, safely and without fear”. Then yesterday, the UK information commissioner, Elizabeth Denham, gave evidence to [...]
Downing Street denies leaked Brexit timetable November 6, 2018 Reports tonight of a leaked document apparently from the Department for Exiting the EU, which outlined the government’s strategy for revealing a successful Brexit deal to the press and MPs later this month, have been refuted by Downing Street. A spokesperson for the Prime Minister's office said the document seemed "childish", denying its authenticity: "The [...]