Retail insolvencies set to surge as Budget bites, experts warn December 30, 2024 A wave of insolvencies could be coming to the retail and hospitality sectors next year as businesses crumble under the tax bill brought on by Labour’s Budget, bosses have warned. Insolvencies and restructuring could rise further over the start of 2025 as firms face increased cost pressures, industry experts have said, with the retail, hospitality [...]
Unaffordable London house prices push first-time buyers to the north December 30, 2024 House prices across the UK have shown signs of rebalancing as prices come down in the capital and jump in the North West and Yorkshire. London has a house price to earnings ratio of 8.22, making it one of the least affordable places to live in the country, against a national ratio of 6.55. Seven [...]
Last orders: Pubs call for action as locals close across the country December 30, 2024 A top pub group has called for “swift and meaningful” reform to business rates today after new figures showed the number of boozers in England and Wales fell below 39,000 for the first time this year. According to official Government statistics, analysed by commercial real estate specialists at Altus Group, 412 pubs were either demolished [...]
Can you match the quote to the MP who said it in 2024? December 30, 2024 From election campaigning, to Labour’s first months in office, 2024 has been chock-full of memorable political moments. And for our politicians, the past 12 months have seen some memorable quotes enter the record books too. Take a look back at our 2024 quotes quiz and test your political memory.
Jimmy Carter: King Charles and PM honour former US president after his death aged 100 December 30, 2024 Sir Keir Starmer has led a host of tributes to former US president Jimmy Carter, saying he “redefined the post-presidency with a remarkable commitment to social justice and human rights at home and abroad”. The Prime Minister said Mr Carter, who died aged 100, will be remembered for the Camp David Accords between Israel and [...]
Super prime London flats in 2025: Spas, bars and grocery picking December 30, 2024 Super-prime apartments are set to get even more swanky next year, as a host of new London developments come complete with hotel-esque amenities like spas, bars, music rooms and co-working spaces. With London’s priciest district coming in at nearly 96 times the average price of a home in the north of England (Knightsbridge, at £21.4m), [...]
Relief for Reeves as business outlook brightens for new year December 30, 2024 UK businesses have defied the negative sentiment which has defined the latter part of the year and predicted an upswing in 2025. More UK businesses are expecting a stronger start to 2025 than they did entering 2024, new research from Lloyds Business Barometer has found. Seven in ten UK businesses expect to see their turnover [...]
Political deaths in 2024: The well-known names we lost in the last year December 30, 2024 Whether a former deputy Prime Minister infamous for throwing a punch, to a Scottish independence campaigner and former First Minister, 2024 saw the deaths of several political heavyweights. As the year draws to a close, we look back at the lives of some well-known Westminster names who have died over the past 12 months. Derek [...]
Finance bosses optimistic about Labour plans to cut red tape December 30, 2024 A KPMG survey found seven in 10 financial services bosses think the policies will help attract foreign investment into the sector.
King and Queen ‘profoundly saddened’ by South Korea plane crash December 29, 2024 The Prime Minister and the King have paid condolences to loved ones of the 179 people killed in the South Korea plane crash. The Jeju Air passenger plane was carrying 181 people when it skidded off a runway at Muan International Airport, slammed into a concrete fence and burst into flames after its front landing [...]