Nearly half of UK investors view crypto as their most important financial asset May 24, 2022 A global analysis of first time investors has revealed which countries are making the most investments, and where they're putting their money.
Price cap will rise to £2,800 per year this winter warns Ofgem May 24, 2022 Households should brace themselves for another painful hike in their energy bills this autumn, revealed chief executive Jonathan Brearley.
Londoners to benefit from cheaper tickets and quicker journeys following Elizabeth line opening May 24, 2022 Londoners are expected to benefit from cheaper tickets and quicker journey following today’s opening of the Elizabeth line. According to the Department for Transport (DfT), journey times from Paddington to Abbey Wood will be cut in half, from 58 to 29 minutes, while tickets prices will go down by a third – from £6.30 to [...]
One in five Londoners look to downsize family home to fund retirement May 24, 2022 Almost one in five Londoners are planning to downsize their home to help fund their retirement, according to a new study, as the cost-of-living vacuum shakes down savings. Homeowners in London lead the way in the plan to swap their family home for a smaller property and stow away the windfall cash for the future, [...]
SRA to increase fining powers after pushing forwards with plans for £25,000 penalties May 24, 2022 The UK’s solicitor’s watchdog is set to increase its fining powers 12 and half times over, by upping its maximum fining threshold to £25,000. The Solicitor’s Regulation Authority (SRA) said it is pushing forwards with plans to increase its maximum fines from £2,000 to £25,000, after the plans came under fire from law firms. The [...]
House buying falls ‘dramatically’ as market feels absence of stamp duty holiday May 24, 2022 UK property transactions are “dramatically lower” than a year ago, as the market feels the absence of the pandemic-era stamp duty holiday. Residential deals in April plunged nearly 14 per cent in comparison with 12-months ago, and are 10.5 per cent lower than in March, according to the government’s latest data. Meanwhile, non-residential transactions, which [...]
‘Shell must fall!’ Climate activists storm AGM and put event on hold May 24, 2022 Shell has confirmed to City A.M. it has "paused" its AGM after it erupted into chaos this morning after activists stormed the stage.
Number 10 denies Johnson asked for Gray to drop partygate report May 24, 2022 Number 10 has denied claims that Boris Johnson asked Sue Gray to drop her report into the partygate scandal at a recent meeting. Johnson’s official spokesman told journalists today that the “Prime Minister wants the report to be published, he’s looking forward to the conclusion of the report and for it to be put in [...]
Chip N Dale: Rescue Rangers is a meta barrel of laughs May 24, 2022 Nearly a year on from the disastrous Space Jam: A New Legacy, it’s Disney’s turn to mash a load of intellectual properties together in hopes of making a movie. This new spin on 80s cartoon Chip N Dale: Rescue Rangers is avoiding cinemas, but might be one of the smarter straight-to-streaming options out there. The plot [...]
IAG shareholders revolt against ‘excessive’ share award to boss Luis Gallego May 24, 2022 Shareholders at British Airways’ parent company IAG have revolted against the “excessive” share award given to boss Luis Gallego. Proxy voting agency Glass Lewis told investors to vote against the policy at IAG’s annual general meeting next month, as the proposal to increase Gallego’s share award from 100pc of his salary to 150pc under IAG’s [...]