Give councils more tax flexibility amid financial strain, ministers urged February 8, 2024 Councils should be given more free rein to raise local taxes to shore up ailing finances and then “suffer the consequences” at the ballot box, MPs have heard.
UK housing market: Borrowers weigh up taking the plunge, or waiting for rates to fall further February 7, 2024 After a torrid year, the outlook for the UK’s property market is poised to improve. A number of reports have suggested that house prices will continue to drop, which will hopefully help more would-be-buyers finally get on the housing ladder, even if this negatively impacts those who already have property, and want to see its [...]
12-storey Canary Wharf tower 5 Churchill Place sold at loss of 60 per cent February 6, 2024 A 12-storey tower in Canary Wharf has reportedly been sold for 60 per cent less than its 2017 purchase price.
Springfield: London-listed property developer inks £15m affordable housing deal February 6, 2024 Scottish housebuilder Springfield has won a £15.3m contract to build affordable housing in the region. In an update this morning, the London-listed firm said it would be working with Highland Housing Alliance to complete the homes. Innes Smith, chief of Springfield Properties, said:“Within the last eight months, we have signed contracts worth circa £40m with [...]
Closing time: UK brewers calling last orders with the North and Wales hit hardest February 6, 2024 The number of brewery closures during 2023 continued to fall - with the North and Wales hit the hardest, according to new figures.
FTSE 100 today: London markets brace for caution as traders scale back rate cut bets February 6, 2024 Asian markets mimic Wall Street's dip, oil prices hold steady. UK retail sales slow in January, RBA maintains interest rate at 4.35%; focus shifts to UK Construction PMI.
UK services activity rises at fastest pace in eight months February 5, 2024 The UK's services sector saw a "solid increase" in business activity last month, as well as an uptick in job creation, according to a closely watched survey.
UK companies facing second-highest level of financial ‘distress’ in Europe February 5, 2024 UK businesses are facing the second-highest level of “deepening” financial distress in Europe due to inflation and high interest rates.
Three-quarters of HR leaders say cost of living pressures impact staff performance February 3, 2024 Research has found that 74 per cent of HR leaders fear the cost of living crisis is affecting employee performance.
Fighting cultural trends is no good – Manchester’s success shows hospitality must adapt to social changes February 3, 2024 It's no use burying our heads in the sand: a new generation and the scars of the pandemic have changed going-out habits forever. Greater Manchester is thriving because bars and clubs have responded to this, writes Sacha Lord