UK’s trade deficit narrows in July as the weak pound cheers exporters September 9, 2016 A weak pound may be bad news for holiday makers – but exporters were celebrating in the aftermath of the Brexit vote, new data has suggested. In fact, tumbling sterling pushed exports up to such a degree that the UK's trade deficit narrowed by £1.1bn to £4.5bn in July, the first full month after the EU [...]
UK construction output wasn’t as bad as expected last month September 9, 2016 The UK's construction sector has been in pretty dire straits in recent months – but it turns out in the month immediately following the Brexit vote, things began to look up. Figures from the Office for National Statistics suggested today that construction output stayed flat between June and July – against expectations of a 0.5 per cent [...]
The definitive list of the world’s 25 MBA programmes with the best-paid graduates September 9, 2016 When it comes to choosing an MBA, return on investment is always going to be a major factor. Now salary benchmarking site Emolument.com has put together a list of the business schools with the best-paid graduates – and the UK fares pretty well (which is a relief, considering most grads aren't earning the "graduate premium" they [...]
Now even Donald Tusk has told Theresa May to get going on Brexit negotiations September 8, 2016 It isn't just fed-up UK politicians who want the UK to get going on Brexit negotiations: European Council president Donald Tusk has told Theresa May to start the process "as soon as possible", according to reports. Tusk told May "the ball is now in your court" during a meeting at Downing Street this morning. "Our [...]
London house prices will recover after their Brexit wobble, experts have promised September 8, 2016 London house prices may have been disappointing in recent months, but things are about to look up, according to the Royal Institution of Chartered Surveyors (RICS). Figures published this morning suggested sentiment in London's residential property market was showing "signs of improvement", with sales expectations moving into positive territory and price expectations stabilising in August. Read [...]
Silverstone boss Paul Allen confirms his departure but denies allegations over Lawrence Tomlinson bid September 6, 2016 The British Racing Drivers' Club (BRDC) has confirmed a City A.M. report last month that a senior executive at the iconic Silverstone motor racing circuit has stepped down. The BDRC said today it had agreed with Patrick Allen, the managing director of Silverstone, it was "time to put a permanent management team in place". Read more: The Abarth 124 Spider is [...]
These are the university towns where house price growth could pay for tuition fees September 6, 2016 What with top-up fees and inflation, going to university has become considerably more expensive in the past few years – but what if you could kill two birds with one stone, and pay off your university fees with your accommodation? New research by HouseSimple.com has found the universities where house price growth in the local area [...]
Gold and silver demand hit a four-year high in August as Brexit uncertainty took its toll September 6, 2016 Don't buy gold: it turns out everyone else is already all over it, after new figures suggested demand for the yellow metal has reached a four-year high in the aftermath of the Brexit vote. Figures published by BullionVault today suggested demand for gold from private investors in August was at its strongest since December 2012. Read [...]
Lego sales growth slows in the first half – but everything is still, um, fine September 6, 2016 Lego has enjoyed stellar success in recent years – but this morning it reported lower growth for the first half of the year. The figures In a statement this morning, the company said revenues increased 11 per cent to 15.69bn Danish kroner (£1.76bn) in the first six months of the year, up from 14.14bn kroner during the same period last year. [...]
