Rave on: Fabric nightclub will reopen after it reached a deal with Islington council November 21, 2016 London clubbers, rejoice: London's best-loved superclub is set to reopen, after a court rubber-stamped new licensing restrictions Fabric agreed with Islington council. The club's license was revoked indefinitely in the summer after the drug-related deaths of two teenagers. But under new rules set out in a 155-page document, clubbers under 19 years old will be banned on most [...]
Falling sterling could mean more of your savings are protected November 21, 2016 Savers have been pretty heavily punished by rock-bottom interest rates in recent years – but now the Prudential Regulation Authority (PRA) wants to make things a little easier, by raising the protection it offers to savers. At the moment £75,000 of your savings are protected under the deposit protection limit, meaning if your bank fails you [...]
The Titanic’s grade II-listed London ticket office has been turned into £5m luxury apartments November 21, 2016 Got £5m burning a hole in your pocket and an interest in gruesome maritime history? This might be for you: a developer has just unveiled a block of luxury flats in the building where the Titanic's ticket office was located. Grade II-listed Oceanic House, in Trafalgar Square, has been redeveloped into six luxury apartments, including [...]
Morrisons has cut petrol prices below £1 a litre for the first time since the Brexit vote – sort of November 21, 2016 It seems supermarkets are already getting carried away by Black Friday: today Morrisons said it was cutting petrol prices to below £1 a litre for the first time since the Brexit vote. Well, sort of. The supermarket said it's reducing the price of unleaded to 99.9p at 333 forecourts from today. But there is a [...]
Lo-sers: Sterling and the FTSE 100 both fell today as the dollar strengthened November 18, 2016 It's been a quiet day on the markets – but that didn't stop the pound and the FTSE 100 both losing ground as the dollar continued to climb. Sterling was 0.7 per cent lower at $1.2323 in late afternoon trading, and 0.3 per cent lower against the euro at €1.1647. To be fair, that was an improvement [...]
Buckingham Palace is getting a 10-year, £370m refit November 18, 2016 Buckingham Palace is to be given a 10-year, £370m overhaul, the government said today. Essential works will include replacing electrical wiring, water pipes and heating system, which were installed just after the second world war. The government said work is needed to prevent a serious risk of fire, flood and damage to both the building and the [...]
Not so hotline bling: This £180k Lambo has been seized as part of a police crackdown on mobile phone-using drivers November 18, 2016 Ever had a near-miss on the streets of the capital after a driver failed to spot you because they were texting? Read on – for the Met Police has just seized a £180,000 Lamborghini because its owner was spotted using a mobile phone when driving. Sweet revenge… In a statement today the Metropolitan Police said the 42-year-old [...]
Ben Broadbent: The weak pound and higher import prices will dampen wage growth – but the Bank of England can fix it November 18, 2016 UK workers' wages are at risk as a result of weaker sterling, the Bank of England's deputy governor warned today. In a speech at the Society of Business Economists' annual conference, Ben Broadbent said the pound's fall against the dollar and the euro meant UK consumers face a long period of higher import prices. Without a [...]
People are pretty confident UK house prices rose this month November 18, 2016 Forget the slightly precarious economic situation both at home and across the pond – UK households are fairly confident the price of their properties have risen this month, new research has suggested. Knight Frank's house price sentiment index was at 55.3 points in November – suggesting the overall view is that prices were up during [...]
You’ll get the biggest payrises if you pursue these 10 careers (spoiler: banking isn’t one of them) November 18, 2016 Fancy a payrise? It might be time to change careers – because new figures have identified the 10 jobs where people get the biggest salary increases as they progress up the ladder. And despite its high-paying reputation, banking isn't one of them… According to the list, those working in retail can expect the biggest payrises [...]
