South Bank flat owners to take on Tate in Supreme Court hearing December 6, 2021 Flat owners near the Tate Modern will take on the gallery at the Supreme Court this week, in a fresh endeavour to block an alleged privacy intrusion. Some residents of the Neo Bankside development are attempting to appeal previous legal rulings, in a bid to stop “hundreds of thousands of people” from peering into and [...]
Warnings housing market may ‘enter bubble territory’ if lending checks eased December 6, 2021 The Bank of England is readying itself to relax mortgage lending rules despite fears it will trigger a housing bubble, it has been reported. The Telegraph reported that policymakers are looking at relaxing affordability checks for borrowers. The rule changes are being mulled amid a review of market restrictions this will finish shortly. Officials are [...]
First time buyers ‘still getting raw deal’ with £449k average price for London home December 2, 2021 First time buyers paid an average price of £449,000 for a London home, fresh statistics outlined today. Third quarter average prices were down from £478,000 in the second quarter as the market cooled off from pandemic highs, according to the Office for National Statistics. The average advance in the last quarter was £309,339 while the [...]
Cabinet Office slapped with £500k fine after New Year Honours list data leak December 2, 2021 The Cabinet Office has been fined £500,000 by the data protection watchdog after it leaked the addresses of prominent Brits on the 2020 New Year Honours list. Big names to have their home addresses published on the government website included Elton John, TV chef Nadiya Hussain and NHS England’s then chief executive, Simon Stevens. A [...]
London publisher the Folio Society bought by employees for £10m December 2, 2021 London publisher the Folio Society has announced that its 40 employees have bought the company for £10m, in what its bosses called a “progressive, industry-leading” move. The publisher – which has released recent titles including Frank Herbert’s Dune; Margaret Atwood’s The Handmaid’s Tale, and Alice Walker’s The Color Purple – will now be totally owned [...]
No free New Year’s Eve tube journey for Londoners as TfL faces funding crisis December 2, 2021 Londoners will miss out on a free tube journey home on New Year’s Eve after the pandemic has taken a toll on Transport for London’s finances. While party goers have come to expect free travel on the network between 11.45pm and 4.30am, this year revellers will have to pay standard charges. The tradition of free [...]
Black Friday sales failed to boost retail footfall last month December 2, 2021 Black Friday sales failed to entice more shoppers out to UK retail destinations, according to the latest data. Footfall worsened slightly during November to 14.5 per cent below 2019 compared with being down 13.4 per cent on pre-pandemic levels in October, according to Springboard data. The month as a whole was impacted by a relatively [...]
Halfords inks £62m deal for automotive servicing business National December 1, 2021 Cycling and motoring services giant Halfords has acquired National, the tyre and automotive servicing business in a £62m deal. National operates under the brands National Tyres and Autocare, Viking Wholesale Tyres and Tyre Shopper. The deal will mean Halfords is the largest vehicle service, maintenance and repair business in the UK and help the company [...]
Pubs and bars anxiously wait to see if Omicron headlines have impacted customer confidence December 1, 2021 Hospitality firms are anxiously awaiting to see if Omicron variant headlines have hit consumer confidence. The bosses of both Loungers’ and Marston’s told CityA.M. that it was too soon to tell if bar goers had been deterred from making trips to venues after news of a new Covid variant. Loungers’ CEO Nick Collins said he [...]
Car retailer Cazoo expands into France and Germany following second-hand car boom December 1, 2021 European car retailer Cazoo has expanded into France and Germany, with the online company plotting to grow its inventory of cars. Cazoo now employs more than 3,800 people across the UK, France, Germany, Spain and Portugal, as it looks to expand its offer across the continent. The company has seen a revenue boom thanks to [...]
