House prices in UK cities are now less affordable than any time in the last 10 years Buying a house in UK cities has reached its least affordable in a decade, new research has shown, after the gap between house prices and average earnings widened further. The average worker in must now spend seven times their earnings to buy a house in a city, figures by Lloyds Bank showed, up from 6.9 [...]
These will be the best-paying jobs for graduates in 2018 Ah, Christmas: the time of year when our thoughts naturally turn to how far our salaries will stretch over the festive period. The good news is that new research has found City employers are still the best payers when it comes to graduate roles, although tech companies are creeping up the list. The study, by [...]
Here’s what the bookies say about Prince Harry’s wedding Bad news for Prince Harry and Meghan Markle: after the happy couple revealed the date of their nuptials next year, bookies have tipped rain. Bookies at Betway put odds of 15/8 on it raining on 19 May, the day of the couple's wedding, while they put the chances of the wedding attracting more viewers than [...]
The new Concorde? Japan Airlines has invested $10m in Richard Branson’s supersonic jet startup December 5, 2017 Boom Supersonic, the jet startup which is working with Richard Branson to build a Concorde-style passenger plane, has received a $10m (£7.5m) boost from Japan Airlines. The two companies unveiled a strategic partnership today, with the Japanese company saying it had pre-ordered 20 jets, dubbed the "mini Concorde". Last year Branson teamed up with the [...]
Here’s why housebuilder shares are down today November 8, 2017 It was a bad morning for housebuilders, with companies listed on both the FTSE 100 and FTSE 250 dragging the indices lower. Persimmon, the UK's largest housebuilder by volume, led the fallers on the FTSE 100, with shares dropping 3.4 per cent to 2,772.5p, while Barratt, Taylor Wimpey and Berkeley Group were all among the [...]
Tube problems will “continue all day” after seven lines were suspended at rush hour November 6, 2017 Problems on at least one Tube line are set to continue for the rest of the day, after a nightmare rush hour in which seven Tube lines were hit by suspensions or delays. Nigel Holness the director of network operations at London Underground, apologised to customers, but said problems on the District Line are likely [...]
Listen up, nerds: These are the UK’s best paying tech jobs October 20, 2017 Tech may be trendier than banking, but it looks like its salaries are beginning to catch up too. New research by salary benchmarking website Emolument has suggested those with much-needed tech skills can "name their price" as companies scrabble around to find people with the right experience. The best-paid jobs in UK tech are so-called [...]
The 19 UK towns most at risk of a house price bubble: Cleveland, Blackburn and Blackpool come top October 12, 2017 UK house prices may still be rising, but with the Bank of England on the brink of hiking interest rates, the market may be about to change trajectory. Now, by comparing lending levels with house price rises, new research has listed the UK towns and cities most at risk if lending conditions change. Mortgage broker [...]
The Walkie Talkie has been sold for £1.3bn to a herbal medicine maker July 27, 2017 One of London's most iconic buildings has been sold for just shy of £1.3bn – to a Hong Kong-based herbal medicine maker. Land Securities said today its joint venture with Canary Wharf Group had sold the Walkie Talkie, known officially as 20 Fenchurch Street, to LKK Health Products Group for £1.28bn. Canary Wharf put its [...]
The number of people moving out of London has risen 80 per cent in five years July 24, 2017 The number of people leaving London has jumped more than 80 per cent in the past five years, with more than 93,000 people departing the capital last year, figures have suggested. Research by Savills shows the exodus is being led by those in their 30s, with the number of those between the ages of 30 [...]
