London house prices are costing the capital’s economy £1bn each year – CEBR October 12, 2015 Soaring house prices and rocketing rents are costing London’s economy over £1bn each year, according to a new report out today. The study – published by a new campaign to increase London’s housing supply called “Fifty Thousand Homes” – says employers across multiple sectors are facing more competition and staff retention problems as a result [...]
London house prices: Why Canary Wharf is experiencing a residential property boom October 12, 2015 Estate agents are reporting a small “property boom” in east London, with prices rising by nearly 15 per cent in some areas during the first half of this year. In a new report out this week, Chestertons, an estate agent, points to the success of London’s technology, creative and financial sectors to explain the jump [...]
EEF: business needs a bigger say over devolution October 12, 2015 A leading industry group is calling on the government to give businesses more influence over the devolution of powers to local authorities. In a new paper out today, the EEF, the manufacturers’ organisation, argues that firms “must be given a greater role in plans for devolution in England if the process is to result in [...]
London house prices: You’ll need to earn £77k each year to afford one of David Cameron’s starter homes October 7, 2015 Housing groups have called out Prime Minister David Cameron's new plans to accelerate the building of discounted properties for first-time home buyers, saying the government's so-called starter homes will still be out-of-reach for most workers. In his speech at the Conservative party conference in Manchester today, Cameron announced the government’s proposed “starter homes” initiative, which will be part [...]
Chuka Umunna: Tory mayoral candidate Zac Goldsmith is a threat to London business October 7, 2015 Former shadow business secretary Chuka Umunna has launched a blistering attack on Zac Goldsmith, calling the Conservative candidate for mayor of London a “threat to London jobs and businesses”. Umunna, the Labour MP for Streatham who has endorsed Goldsmith's Labour opponent Sadiq Khan, said: “Londoners can’t afford a mayor who doesn’t get business, doesn’t like [...]
David Cameron’s Conservative party conference 2015 speech: Prime Minister slams Labour leader Jeremy Corbyn’s “security-threatening, terrorist-sympathising, Britain-hating ideology” October 7, 2015 Prime Minister David Cameron received a standing ovation at the Conservative party conference today when he rebuked the newly-elected Labour leader Jeremy Corbyn. In his speech to Tory delegates in Manchester, Cameron said: "Thousands of words have been written about the new Labour leader. But you only really need to know one thing: he thinks the death of [...]
Conservative party conference 2015: Business secretary Sajid Javid says Trade Union Bill strike laws are for “working people” October 6, 2015 Business secretary Sajid Javid has defended the government’s Trade Union Bill in his speech to the Conservative party conference today, saying that the new law would protect “working people”. “For too long, trade unions have been able to bully working people by striking, even though only a small number of their members have voted for [...]
London mayor Boris Johnson wins over delegates at Conservative party conference 2015 as he slams Jeremy Corbyn and ramps up the pressure over Heathrow October 6, 2015 London mayor Boris Johnson won over delegates at the Conservative conference in Manchester today with a wide-ranging speech that fuelled speculation the MP for Uxbridge will challenge chancellor George Osborne to be the party's next leader. Johnson, who sits in the Prime Minister's political cabinet but is often unafraid to challenge the government's positions, used his speech to a packed [...]
Conservative party conference 2015: Businesses lash out at home secretary Theresa May over immigration October 6, 2015 Business groups are slamming home secretary Theresa May's speech to the Conservative party conference today, calling her hardened stance on immigration "irresponsible" and "nonsense". Institute of Directors (IoD) director general Simon Walker said his organisation was "astonished by the irresponsible rhetoric and pandering to anti-immigration sentiment from the home secretary". "It is yet another example of the [...]
Conservative party conference 2015: Mayoral candidate Zac Goldsmith says he’ll bring in big investors for London housing October 6, 2015 Richmond Park MP Zac Goldsmith backed has Crossrail 2, called for more tax powers for City Hall, and promised to get more institutional investors funding housing development in his first major speech as the Conservative candidate for London mayor today. Speaking at the Conservative party conference in Manchester, Goldsmith said Labour's "search for a mayoral candidate was vicious and divisive", while [...]
