London renters need 209,000 new homes as government told it has ‘huge task on hands’ January 22, 2024 Some 209,000 new rental homes will be needed in London by 2031 to help deal with the capital’s shrinking pool of housing.
Men are working much less than they used to. Women are picking up the slack. January 22, 2024 Growth could be supported by a "continuing recovery in average hours to pre-pandemic levels," the ONS said. In other words, men need to get back to work.
MSCI under fire for ESG ratings ‘biases’ that could cost investors January 22, 2024 A Liberum analyst has hit out at MSCI over its ESG ratings, calling for investors to ignore sustainability ratings from the firm due to “biases” in its ratings methodology that could lose them money. In a Substack blog post this morning, investment strategist Joachim Klement cited a recent paper from Bocconi University that found investors [...]
Savings rates have biggest monthly drop since 2009 as banks bet on rebound January 22, 2024 Fixed savings rates have clocked their biggest monthly drop in nearly 15 years, new figures show, as banks slash deals to compete for business and stay optimistic on an economic rebound this year. The average one-year fixed bond fell for a third consecutive month to 4.87 per cent in January – the first time it [...]
Cost of London car insurance at highest ever: Here’s why and which part of the capital is the worst January 22, 2024 The cost of insuring a car in London has reached the highest level on record, with the capital the most expensive region in the country.
Brexit is a ‘model for Germany’, says far right AfD leader while party surges in polls January 22, 2024 Brexit is a “model for Germany”, the far-right Alternative for Germany (AfD) party leader has claimed.
Accounting watchdog cuts red tape as ministers press regulators for UK growth January 22, 2024 The City’s accounting watchdog has confirmed a newly slimmed down rulebook for companies today as it looks to ease the red tape burden on firms and “support the growth and competitiveness” of the UK.
The world is waking up – again – to the damage higher taxes do to growth January 22, 2024 Tax was on the agenda like never before at last week’s Davos summit. It must mark the moment the UK changes course. There was something in the water at Davos last week. On Wednesday, the World Economic Forum hosted Argentinian President Javier Milei’s ode to free markets and individual liberty, the most staunch defence of [...]
Virgin Wines sees sales tick up despite ‘subdued’ consumer landscape January 22, 2024 Virgin Wines has reported that sales ticked up in the second half of 2023, despite a “subdued consumer economic landscape” which has weighed heavily on the sector's bottom line over the last year.
Compass Group snaps up Kew Gardens catering rival for £475m January 22, 2024 Contract caterer Compass Group has entered into a £475m takeover deal of a rival firm, which provides hospitality services for the likes of Kew Gardens and the Royal Opera House.