Financial crimes cost the UK £52bn each year – but only 12 per cent are reported January 29, 2016 Financial crimes are costing the UK economy £52bn every year, but 88 per cent go unreported, it has been revealed. Speaking at the Wealth Management Association’s (WMA) annual Financial Crime Conference in London, a fraud expert has warned that financial crimes pose a serious risk to individuals, charities and public services, as well as the wealth management sector. [...]
CML warns of higher rents and a buy-to-let slowdown under Stamp Duty Land Tax proposals January 29, 2016 The new tax on second properties could lead to higher rents and a slowdown in the buy-to-let market, according to the Council of Mortgage Lenders (CML). Days before HM Treasury ends its consultation period on the Stamp Duty Land Tax (SDLT) proposals, the CML has publicly criticised the plans, claiming that they will have a [...]
London needs to build new villages to avoid an overpopulation crisis by 2041, warns Planning Committee January 29, 2016 Population growth is set to make London as dense as Rio de Janiero by 2041, amid concerns there is not enough space for new housing. The London Assembly's Planning Committee has warned the city’s population is likely to grow by approximately 1.5m people over the next 20 years, compounding the ongoing housing crisis. It is believed [...]
Trump Temptations: The Billionaire & The Bellboy – Donald Trump wins new fans as erotica novel climbs Amazon’s bestseller charts January 29, 2016 Presidential hopeful Donald Trump is riding high on the literary charts as the star of a new erotic bestseller. The unlikely sex symbol, who is best known for, um, erecting hotels across the world, has won over legions of new fans as the titular hero of Trump Temptations: The Billionaire & The Bellboy. First published [...]