Watch out on the first day of the month: 1 December is the date during the festive season when most accidents happen November 29, 2015 You better watch out but you might want to cry: 1 December is the date in the festive season when Brits are most likely to suffer an accident at home. According to figures from Allianz Insurance, almost double the number of households report having an accident on this day compared to the average for the [...]
Irwin Mitchell just shy of top ten following Thomas Eggar merger November 26, 2015 Law firms Irwin Mitchell and Thomas Eggar revealed they are merging today, creating a business worth £250m. The merged firm is set to place as the 11th biggest in the UK, just short of a top ten position, in a league table compiled by trade magazine The Lawyer. It will also rank within top five [...]
Osborne’s dreams of new affordable housing could crumble if the construction sector cannot recruit at least a million more workers November 26, 2015 The construction industry will need to recruit at least a million more workers over the next five years if George Osborne’s hopes of new homes are to be realised. According to specialist recruiter Randstad CPE, the UK housebuilding sector needs a workforce of nearly 2m to keep up with housing demands. Owen Goodhead, managing director [...]
Four partners at KPMG Belfast office arrested and put on leave as HMRC starts investigation November 26, 2015 Four partners at the Belfast offices of KPMG have been arrested after HM Revenue and Customs (HMRC) started an investigation. Representatives from the tax authority visited the offices of the big four firm yesterday. It is understood the partners involved are Jon D'Arcy, Eamonn Donaghy, Arthur O'Brien and Paul Hollway. Donaghy is the head of KPMG's [...]
New home registrations remain stable over last quarter, as 37,582 recorded between August and October November 25, 2015 New home registrations have remained steady over the last quarter, according to figures released today from the National House-Building Council (NHBC). A total of 37,582 new homes were registered, split between 30,046 in the private sector and 7,536 in the public sector, between August and October. By comparison, 37,707 were recorded in the same period in 2014. The number of [...]
Two-thirds of London SMEs have their sights set on new markets, compared to just over half across the UK as a whole November 25, 2015 Two-thirds (66 per cent) of London small and medium enterprises (SMEs) plan to venture into new markets in the next two years. In a survey of over 1,000 British SMEs released today by Albion Ventures, more than half (58 per cent) of SMEs across the UK as a whole also said they planned to step [...]
Seven out of ten London businesses are in favour of National Living Wage, compared to six out of ten overall November 25, 2015 Seven out of ten (71 per cent) businesses in London are in favour of the National Living Wage, according to figures shown exclusively to City A.M. by Group Risk Development (GRiD). By comparison, in a survey released earlier by the GRiD, only 62 per cent of businesses across the UK as a whole were fond [...]
EU referendum: UK property and construction sector does not want Brexit, with only 15 per cent saying it would have positive impact November 25, 2015 The UK’s property bigwigs overwhelmingly support staying in the EU, according to figures released exclusively today to City A.M. by professional services firm Smith & Williamson. In a survey of 200 property and construction senior executives, just 15 per cent said that leaving the EU would have a positive impact on the industry. “The industry [...]
Dodgy deals down the pub have created a black market worth £1.5bn November 25, 2015 More than 5m Brits have purchased goods from shady traders in licensed premises, such as pubs and bars, generating a black market worth £1.5bn. According to research released today from Churchill Home Insurance, 14 per cent of pubs have discovered unlicensed traders selling goods on their premises in the last year. However, those found selling shady [...]
Genel Energy and New Age in early stages of merger talks November 24, 2015 Genel Energy, which is chaired by former BP boss Tony Hayward, today entered merger talks with exploration group New African Global Energy (New Age). According to Sky News, the two companies are in the early stages of discussing a merger that could be worth £2bn, although sources added the talk was just one of many [...]