Here’s how stamp duty changes affected landlords’ returns in March May 10, 2016 The chancellor's stamp duty hike may have been aimed at quelling the nation's frenzy for buy to let homes – but it seems property remains a great provider. That's according to new research by Property Partner, anyway, which has suggested total returns on residential property rose to 9.6 per cent in the year to March. In the [...]
Bernie Ecclestone reckons a £100m F1 race could hit London’s streets next year May 10, 2016 Could London’s streets be ringing to the sound of Formula 1 cars as soon as next year? The sport’s boss, Bernie Ecclestone, reckons so. Ecclestone has told ITV News there’s only one “small technical issue” is preventing the capital from hosting its own version of the Monaco Grand Prix, in which F1 cars use the City’s [...]
Then and now: These ghostly images contrasts London’s darkest days during the Blitz with how the capital looks now May 9, 2016 Wednesday marks the 75th anniversary of the end of the Blitz in London. The Blitz, shortened from the German term "blitzkrieg" (lightning war), struck the capital over a sustained period between September 1940 and May 1941. During the nine month German bombing campaign more than half of the 40,000 civilians who lost their lives in [...]
All that food Instagraming means millennials face higher inflation than anyone else May 9, 2016 It looks like their obsession with Instagram-friendly "experiences" is coming back to bite Millennials – after new research suggested they're facing the highest level of inflation of any generation around today. The research, by Fidelity International, suggested Millennials (which the research defines as those under 30) were faced with the price rises of 0.9 per cent in the year to March, thanks to [...]
This giant credit rating agency has just issued a warning about Sadiq Khan’s plans to freeze TfL fares May 9, 2016 Hmm. Looks like things aren't getting off to a great start for London's new mayor, Sadiq Khan, after one of the world's largest credit ratings agencies warned his central pledge may hurt Transport for London (TfL). That didn't take long… In a statement that was as brief as it was punchy, this morning Moody's warned [...]
New FCA boss: Time to end banker-bashing May 9, 2016 Banker-bashing: it's one of the UK's favourite hobbies. But now the soon-to-be boss of the Financial Conduct Authority (FCA), Andrew Bailey, has said it's time to start using the carrot, rather than the stick. In a speech today, Bailey – who is expected to take up his new post shortly – said although changes have taken place in the [...]
Here’s how the UK’s business leaders really feel about Brexit May 9, 2016 From makers of scotch whisky to the nation's bank bosses, by now there aren't many groups who haven't let their views on the UK's membership of the European Union be known. But now the leaders of 1,224 businesses have added their voices to the chorus – after the Institute of Directors asked its members how they [...]
London Assembly and mayoral election results mapped May 6, 2016 Sadiq Khan has triumphed in the race to become Mayor of London while Labour also dominated in the London Assembly elections. Around 3pm, Bexley & Bromley became the first of the London constituencies to announce and the Tories' Gareth Bacon won. That was followed by a win from Labour's Leonie Cooper in Merton and Wandsworth, with more wins for each [...]
US job openings growth was way lower than expected in April May 6, 2016 Job openings in the US slid back more than expected in April, figures published today showed – after one of the country's weakest quarters in years. The non-farm payroll figure fell to 160,000, against analyst consensus of 200,000 Last month's figures showed an unexpected rise in joblessness – although the number of job openings beat expectations. [...]
MBA vs PhD: Which postgraduate degree will push up your salary more? May 6, 2016 The idea of taking a career break in order to do a postgraduate degree may be pretty enticing – but will it actually be worth it? And if you do, is it better to do an MBA – or is a PhD a more worth it? Salary benchmarking site Emolument.com has pitted MBAs against PhDs. Spoiler: [...]
