Proposals to move migrants and asylum seekers from hotels to Army barracks November 22, 2021 A task force will reportedly consider strategies including housing asylum seekers in Army barracks rather than hotels as the Government faces criticism over the migrant crisis. The Times on Sunday reported Boris Johnson had drafted in Chancellor of the Duchy of Lancaster Steve Barclay to oversee the issue of the rising number of migrants arriving [...]
City rumour mill grinds around possible mega private equity offer for Marks & Spencer November 22, 2021 As shoppers prepare for a black Friday spree, the bargain hunt for good value UK companies continues for private equity firms. The rumour mills are now grinding around a possible bid by Apollo Global Management for UK high street staple Marks & Spencer, sending shares 3 per cent higher in early trade. The New York-based private equity giant [...]
Government warned private parking plans can lead to ‘carmageddon’ of illegal parkers November 22, 2021 Government plans to cap private parking fines may results in car parks could be overrun by a “carmageddon” of illegal parkers, industry experts have warn this morning. The Government has been consulting on plans to reduce the cap on private parking fines from £100 to £50 across the UK after raising “concerns about the practices [...]
Ministers warned that failing to solve £360m in pandemic rent arrears could lead to ‘mass homelessness’ November 22, 2021 Ministers are being warned this morning that a failure to tackle the £360m in rent arrears accrued during the pandemic could cost the Government over £2.6bn because of the danger of “mass homelessness.” The Big Issue said it costs the Government £9,266 for every person made homeless, whereas the price of preventing homelessness is £2,263. [...]
Exclusive: Europe copies US as first collateralised loan obligation is raised in £219m UK deal November 22, 2021 The first commercial real estate collateralised loan obligation in Europe’s history was completed on Friday in a deal worth £219m. Backed by a portfolio of nine commercial mortgage loans originated by Starz Mortgage Capital, the deal was concluded with international law firm Reed Smith acting as advisors. “We really could be seeing the birth of [...]
Caroline Nokes: They ‘trawled through’ my sex life after I said Boris Johnson’s father Stanley touched me inappropriately November 22, 2021 After accusing the Prime Minister’s father of inappropriately touching her, a senior female MP has revealed that journalists scoured through her past sex life to “find some sort of defence.” Caroline Nokes, the Conservative MP for Romsey and Southampton North and chairwoman of the Commons Women and Equalities Committee, accused Stanley Johnson of forcefully smacking [...]
Travelodge to open four ‘budget chic’ hotels this month, including in London’s Elephant and Castle and Manor House November 22, 2021 Travelodge has announced four new hotels will be open in time for Christmas as bosses hope to cash in on families looking to travel during the festive season, with most of them to be offering ‘budget chic’ rooms. Two new sites have already opened in London, in Elephant and Castle and Manor House, with a [...]
Neglecting parts of the UK has led to ‘branch line’ economy, warns CBI chief November 22, 2021 A leading business group warned this morning that parts of the UK have been neglected over decades, leading to a “branch line” economy. The CBI said delivering economic growth across the country will be the determining factor in whether the Government’s levelling up agenda will be a success. Director general Tony Danker said clusters of [...]
Tory backbench rebellion grows as crucial vote on social care plan approaches November 22, 2021 Anger from MPs that the least well-off may still have to sell their homes to pay for their care under the latest government plans is fuelling a backbench rebellion. MPs will consider on Monday whether to accept changes to the Government’s proposed social care reforms. But Red Wall Tory Christian Wakeford had warned that it [...]
Arrests in The Hague after another night of anti-lockdown violence in The Netherlands November 21, 2021 Dozens of rioters have been arrested after another night of anti-lockdown disorder in the Netherlands, during which fireworks were thrown at officers in The Hague. The unrest came a day after police opened fire on protesters in Rotterdam amid what the port city’s mayor called “an orgy of violence” that broke out at a protest [...]