Fervour for flats thanks to return to city working and ‘relatively modest’ price rises January 27, 2022 Demand for flats in London has hit its highest level for 19 months, as buyers looked to move closer to city offices. Estate agents have said an influx of overseas buyers from Hong Kong thanks to new visa rules has driven interest. The trend was revealed in Zoopla’s House Price Index, which found the average [...]
Backwards attitudes towards loss-making, high growth companies are stunting success January 27, 2022 Outside of Silicon Valley and New York, the UK is one of the leading capitals for tech innovation. Its start-up ecosystem is worth an impressive £105bn, according to a global report from advisers StartupGenome. London’s access to talent, capital, and investors is enviable, but the country as a whole lags behind some of its European [...]
Swelling tax burden to highest level since 1950s is ‘understandable’ January 27, 2022 The government’s decision to saddle Brits with the heaviest tax burden since the 1950s is “understandable,” according to a group of cross-party MPs. A ramping up of government spending announced at the October budget to deal with the ongoing fallout of the Covid-19 crisis is needed “given that the country is still in the midst [...]
M&G snaps up majority stake in sustainable housebuilder Greencore January 27, 2022 Global investment firm M&G has snapped up a majority stake in sustainable housebuilder Greencore Construction, the firm announced today.
The battle of London’s protected views exposes the power mismatch on housing January 27, 2022 If you’re reading this newspaper, you live in London and hopefully you love it. If you don’t love it, perhaps you still recognize its unique flavour. London is a melting pot where history finds innovation, where the majestic cathedral of St Paul’s neighbours the skyscrapers of the City. This concoction of old and new, of [...]
Upskilling workforce can save City firms millions January 27, 2022 Piling money into upskilling existing employees can save banks, brokers and fund managers millions of pounds, reveals a fresh study published today. Investing in improving staff’s skills can generate cost savings of up to £49,100 per employee compared to hiring new talent, according to a report by the Financial Services Skills Commission (FSSC) and consultancy [...]
The only way is up: UK advertising records strongest year in history January 27, 2022 UK advertising had its strongest year in market history, with growth up 26.4 per cent, putting market value at an estimated £30bn for 2021.
Britain’s top gastropubs: Which London bars won big? January 27, 2022 Suffolk’s Unruly Pig has been voted the UK’s best gastropub. The ‘Britalian’ pub-restaurant in Bromeswell is one of five East Anglian pubs in the annual Estrella Damm Top 50 Gastropubs List for 2022, with 18 in London and the South East being recognised. “This list is the gold standard. It’s the business. To be a [...]
UK car output worst since 1956 but EVs and investment brighten 2022 outlook January 27, 2022 2021 was a dismal year for the UK automotive industry, as output fell 6.7 per cent to less than 860,000 units – the lowest since 1956. Figures released today by the Society of Motor Manufacturers and Traders (SMMT) reported that production went down 34 per cent on pre-pandemic levels, especially as a result of the [...]
Ukraine: UK calls on European allies to put more pressure on Russia January 26, 2022 The UK has called for its European allies to do more in assisting Ukraine fight off Russian aggression, with defence secretary Ben Wallace calling for a “stronger signal” from Germany in particular. Wallace began a tour of the UK’s European allies today in a bid to strengthen the response to the crisis from other Nato [...]
