Uncertainty takes its toll as manufacturing exporters report weaker trading November 15, 2019 Fresh fears for the UK’s manufacturing industry have been raised this morning, with exporters hit by mounting political uncertainty. A majority of UK manufacturing exporters have reported a deterioration in both sales and orders over the last quarter, as indicators reflected a substantial drop compared to 2017 and 2018 levels. Read more: Daimler to cut [...]
City reacts with shock to Labour’s plans to part-nationalise BT November 14, 2019 The City reacted with shock tonight to Labour’s plans to part-nationalise FTSE 100 giant BT and promise free full-fibre broadband for every UK household. Labour unveiled the new £20bn policy late last night and said it would pay for its plan by levying a tax on tech giants such as Amazon, Google and Facebook. Chief [...]
Average London rents jumped last month November 14, 2019 The average rent in London rose to £1,665 last month, according to a report released today. The average rent in the UK grew 2.7 per cent to £953 on the same time last year. Average rents in London grew 2.8 per cent to £1,665, according to the report from tenant referencing firm Homelet. Read more: [...]
Terra Firma on brink of £160m care home deal with Barchester Healthcare November 14, 2019 A portfolio of care homes that private equity boss Guy Hands secured after a fierce legal battle is on the cusp of being sold for £160m. The 24 sites which are owned by Hands’ Terra Firma Capital Partners are close to being sold to care home operator Barchester Healthcare, Sky News reported. The deal would [...]
General Election: Labour has ‘close to zero’ chance of majority, says pollster John Curtice November 14, 2019 Labour has “close to zero” chance of securing a majority this election, according to one of the country’s foremost polling experts. Sir John Curtice today said the most likely outcome was either an outright Conservative victory or a hung parliament. But he noted that could still result in a Remain-led coalition and second referendum. Read [...]
Asda blames sales slump on Brexit uncertainty November 14, 2019 Asda said Brexit uncertainty is negatively affecting consumer spending as the supermarket giant reported a dip in sales in the third quarter. Like-for-like sales, excluding petrol, fell 0.5 per cent in the third quarter as Brexit and the upcoming general election ramped up the levels of uncertainty. Read more: Asda gives hundreds of employees extra [...]
Rory Stewart launches London mayor election campaign with ideas roadshow November 14, 2019 Rory Stewart today revealed he will rely on the general public to form much of his policy platform for his mayor of London campaign. His London Speaks initiative will see Stewart and campaigners collect ideas from people throughout London on how they would improve the capital. Read more: Rory Stewart falls behind in the race [...]
General Election: Film star Eddie Marsan calls Jeremy Corbyn ‘either an antisemite or ignorant’ November 14, 2019 Happy-Go-Lucky actor Eddie Marsan has attacked Labour leader Jeremy Corbyn as “either an antisemite, or ignorant” at a Liberal Democrats event today. The actor, who has campaigned against anti-Jewish racism, told supporters and journalists that despite voting for Labour since the 1980s he would back the Lib Dems in 2019. Read more: Nigel Farage’s Brexit [...]
Brexit Party refuses to pull out of Labour-held seats November 14, 2019 Nigel Farage has dismissed calls for the Brexit Party to pull out of Labour-held marginal constituencies in order to clear a path for Conservative candidates. Pressure had mounted on Farage from the Tories, and some Brexit Party supporters, to step aside in some key leave-voting marginal seats. Read more: In pursuit of power, Farage is [...]
Our Westminster politicians must pay heed to the Union November 14, 2019 Pollsters at election time are a funny breed. Like Father Christmas, they drop nuggets of data into the hands of grateful journalists and analysts hoping to make sense of what is going on around them, trying to drown out the noise of election campaigns and listen to what really matters. Yet the most interesting — [...]