UK house prices: London and south east weigh down on growth September 13, 2018 House prices sank in London and vast swathes of the south east in August, according to Rics’ UK Residential Market Survey today, as a regional divide made itself felt on a national scale. Unsold housing stock neared historic lows on estate agents’ book while new instructions fell 15 per cent, down from a three per [...]
Gordon Brown: World ‘sleepwalking’ to another financial crisis September 13, 2018 The world is “sleepwalking” into another financial crisis, former Prime Minister Gordon Brown said today, but said it lacks the international will to quickly recover. Read more: A decade on, hubris is the lesson to learn from the Lehman tragedy Brown issued the warning in the week marking the 10th anniversary of the collapse of [...]
Gordon Brown: World ‘sleepwalking’ to another financial crisis September 13, 2018 The world is “sleepwalking” into another financial crisis, former Prime Minister Gordon Brown said today, but said it lacks the international will to quickly recover. Read more: A decade on, hubris is the lesson to learn from the Lehman tragedy Brown issued the warning in the week marking the 10th anniversary of the collapse of [...]
European Parliament votes for controversial copyright rules September 12, 2018 The European Parliament today voted in favour of sweeping copyright reforms that could dramatically change the fortunes of both artists and businesses. The rules, which will force tech giants to pay for the work of artists and journalists that they use, passed by 438 votes to 226, with 39 abstentions. MEPs voted for amendments to [...]
Storms Peggy and Callum: The Met Office is naming bad weather again September 12, 2018 Peggy, Max and Bronagh might not sound like the most intimidating of names, but you might be scared to meet one in bad weather – they’re some of the epithets set to grace this year’s mega storms. The first storm to arrive this year will be dubbed Ali, as the Met Office and Republic of [...]
Putin calls on Novichok suspects to defend themselves in public September 12, 2018 Vladmir Putin has encouraged two Russian men allegedly sent to kill former Soviet military officer Sergei Skripal to defend themselves publically. The Russian President said the men identified by the UK as Alexander Petrov and Ruslan Boshirov are “civilians”, claiming “there is nothing criminal here”. Read more: US, France, Germany and Canada back UK on [...]
Hermes posts huge profit spike as China demand pushes it to new heights September 12, 2018 Hermes delivered a record operating margin for the first half of 2018 today, as well as posting a 17 per cent jump in profit to reach €708m (£631m). The French luxury handbag maker saw group revenue rise by five per cent year on year to €2.9bn for the six months ending 30 June, with its [...]
Energy giant SSE issues profit warning, sending shares plunging September 12, 2018 SSE delivered a profit warning today, sending shares plunging as it blamed a combination of warm weather and higher than expected gas prices. Operating profit for the first five months of the year will be £190m lower than predicted, the energy supplier said in a trading update. Shares dropped eight per cent in early morning [...]
Renewed your TV licence? Your banking data may not be secure September 11, 2018 If you’ve renewed your TV licence recently it may have cost you more than you budgeted for. TV Licensing has written to 40,000 people to warn them to check for suspicious transactions or amended direct debits after their banking details weren’t protected online properly. People who entered their bank account and sort code details – [...]