Senior Tory MP says Johnson’s sleaze U-turn causing ‘dissatisfaction’ on backbenches November 17, 2021 A senior Tory has said there is ” dissatisfaction on the backbenches” in the wake of Boris Johnson’s crackdown on MPs having second jobs in response to ongoing sleaze claims. Johnson yesterday proposed new rules that would see MPs banned from holding outside jobs as political consultants, while there will also be a mandate that [...]
Prospect of watered down UK audit reforms draws criticism November 17, 2021 Audit groups and investors have warned the government that scaling back long-awaited corporate governance and audit reforms could lead to more corporate scandals, according to reports. In a letter to business secretary Kwasi Kwarteng, the chief executive of the Chartered Institute of Internal Auditors, John Wood, said stronger regulation of internal controls were fundamental to [...]
September house prices show ‘last of stamp duty sizzle’ November 17, 2021 UK house prices leapt in the year to September in the run up to the final stamp duty holiday deadline, government figures show. HMRC’s latest house price index shows that house prices climbed 2.5 per cent in September and 11.8 per cent annually. The average price of a property in the UK was £269,945, hitting [...]
London markets struggle for direction as investors mull near decade high inflation print November 17, 2021 London markets struggled for direction this morning as investors mulled the possible fallout of UK inflation reaching its highest level in nearly a decade. The capital’s premier FTSE 100 index edged down 0.06 per cent to 7,322.28 points, while the mid-cap FTSE 250 list of shares rose 0.06 per cent to 23,556.06 points. Swelling household [...]
Life Science raises £350m in over-subscribed IPO as it plots ‘Golden Triangle’ growth November 17, 2021 A real estate investment trust (REIT) Life Science has raised gross proceeds of £350m as it anticipates a stock market debut this week. New ordinary shares were issued at £0.01 each and Life Science has made an application for 350m shares to be admitted to AIM. The admission will make it the first London listed [...]
Dogecoin searches in US more than double those for Bitcoin November 17, 2021 Dogecoin is the most Googled cryptocurrency in America, according to new research, with more than double the number of searches than Bitcoin.
Murray Parish Trust teams up with Coinpass as crypto exchange partner November 17, 2021 The Murray Parish Trust has partnered with coinpass.com as its crypto exchange strategic partner.
Has the Walkers crisp shortage left customers salty? November 17, 2021 Walkers hasn’t had the best couple of weeks. On October 28, it was widely reported that the Leicester-based snack brand was running out of crisps – and on November 11 its factory caught fire (thankfully, nobody was hurt). But has the recent potato paucity had any knock-on effects on Walkers’ brand? Data from YouGov BrandIndex [...]
Arts sector output more than halved as one in two creatives were furloughed November 17, 2021 The arts, culture and heritage sectors suffered a 60 per cent decline in output due to pandemic restrictions with a “catastrophic effect”, according to a new report. Around 55 per cent of jobs – 450,000 people – were furloughed in the sector, which was second only to hospitality and well above the national average of [...]
Workspace bets on the office return with £45m Islington acquisition November 17, 2021 Office-space provider Workspace has announced it has bought out a smaller competitor, The Busworks, in a £45m deal as more people return to offices in London. The FTSE-250 company today said it will upgrade the iconic building, a former Victorian bus factory from 1888, which is currently being used as office spaces to rent. The [...]
