London house prices increase 2.2 per cent September 15, 2021 London has marked the lowest annual house prices growth across the UK while UK average prices returned to levels seen earlier this year. Figures from the Office for National Statistics show that average prices in the capital increased by 2.2 per cent over the year to July 2021, down from 5.1 per cent in June. [...]
Sajid Javid defends the march back to the office despite SAGE warnings September 15, 2021 Health secretary Sajid Javid has defended the march back to the office after government scientific advisors warned it could trigger a spike in infections. Ditching work from home advice could push daily hospital admissions to rise to 7,000 by next month, experts advising the government’s Scientific Advisory Group for Emergencies (SAGE) warned yesterday. However, the [...]
City watchdog launches blueprint to protect consumers from scams and risky investments September 15, 2021 The City watchdog has launched a brand new strategy today designed to cut the amount of money consumers lose each year from risky investments and scams. The Financial Conduct Authority (FCA) has set new targets to measure its effectiveness at protecting consumers from harm resulting from investing, aiming to cut the number of people investing [...]
Leaseholder victory: Countryside to remove ground rent doubling terms after CMA action September 15, 2021 Developer Countryside Properties has struck out terms meaning ground rents double every 10 to 15 years, after a watchdog’s instruction Leaseholders’ ground rents will stay at the amount charged when they first bought their home, following action by the Competition and Markets Authority (CMA). The Big Four developer has voluntarily given formal commitment to removing [...]
Tower Hamlets council approves plan to build shopping mall on Brick Lane : CityAM September 15, 2021 Controversial plans to build a shopping mall on the site of the historic Truman Brewery on Brick Lane have been given a green light. At a meeting of the Tower Hamlet Development Committee yesterday councillors voted 2-1 in favour of a proposal to redevelop the Brewery as a five story office building and retail space. [...]
Lights out for two more energy firms amid record power prices September 15, 2021 Two more energy suppliers have gone bust, leaving 500,000 customers needing a new provider, amid record prices for electricity and gas. Both Utility Point and People’s Energy have ceased trading, Ofgem has announced, the sixth and seventh energy companies to do so this year. Bournemouth-based Utility Point provided power to 220,000 customers, while London’s People’s [...]
Over 80 campaigners block motorway for a second time demanding the government insulate Britain September 15, 2021 Climate campaigners brought chaos to Britain’s roads again this morning, sitting in the path of traffic for the second time in a matter of days. Some 89 people from Insulate Britain blocked roundabouts and a carriageway on the M25 early this morning. Insulate Britain says action will continue until the government makes a meaningful commitment [...]
TikTok to offer mental health resources following damning Instagram report September 15, 2021 TikTok has announced it will roll out wellbeing resources after a damning report revealed the impact of social media on teenagers mental health. The company, which has previously been criticised for hosting creators who offer dubious advice on mental health, will direct users to suicide prevention resources and guides on eating disorders. The social media [...]
GTO Engineering California Spyder review: Hollywood glamour, Italian soul September 15, 2021 The latest car from GTO Engineering is a recreation of the classic Ferrari 250 SWB California Spyder. It’s as glorious as it looks.
Five thought-provoking books we’ve read in 2021 September 15, 2021 Book clubs aren’t just a way to while away a pleasant hour with friends as you discuss Jane Austen or Julian Barnes over a glass of wine. Our emerging market equities team has established a book club to seek investment insights from beyond the everyday sources. We hope it will spark discussion, and nurture a [...]