Londoners pay highest UK house price premium to live closer to a station August 30, 2019 London home buyers are willing to pay almost 10 per cent more on a house in order to live closer to a station, according to Nationwide. The building society found Londoners are willing to pay a whopping 9.4 per cent premium for a house located 500 metres away from a station. Read more: UK house [...]
Blue on blue: John Major to join anti-Brexiter Gina Miller’s prorogue battle against Boris Johnson August 30, 2019 Former Prime Minister John Major has pledged to join Remainer Gina Miller’s judicial review of Boris Johnson’s attempt to prorogue parliament in run up to Brexit. Major, a fierce critic of Brexit, will ask the High Court to join Miller’s existing review of Johnson’s decision to prorogue parliament for five weeks until 14 October. Court [...]
Scottish court rejects legal bid to halt Boris Johnson’s plot to prorogue parliament August 30, 2019 A Scottish court has rejected a bid from campaigners to stall Prime Minister Boris Johnson’s efforts to prorogue parliament until a full hearing is conducted next week. A group of MPs and peers from various parties joined forces to file a petition at Scotland’s highest civil court earlier this summer to prevent Johnson being able [...]
UK house prices remain stagnant as no-deal Brexit looms August 30, 2019 UK house prices grew at less than one per cent for the ninth month in a row in August, Nationwide figures revealed today, prompting calls for Boris Johnson to slash stamp duty. The value of homes did not grow between July and August, Nationwide’s House Price Index found. Read more: London commuter belt house prices [...]
UK households’ inflation expectations at highest in six years, survey reveals August 30, 2019 UK households are expecting inflation to rise over the next 12 months as the possibility of a no-deal Brexit increases. The public’s expectations for inflation are at their highest level since 2013, according to a survey from US bank Citi and pollsters YouGov, released on Friday. Read more: UK consumer confidence staggers in face of [...]
Boris Johnson’s sherpa intensifies Brussels talks in hope of Brexit breakthrough August 30, 2019 Boris Johnson’s chief negotiator David Frost is to meet twice a week with his European counterparts throughout September, as the two sides step up efforts to reach a new Brexit deal. Frost, the Prime Minister’s sherpa, has been travelling to Brussels regularly since he was appointed to the role last month. But those meetings will [...]
Trade is being weaponised – and it’s driving the G7 apart when we need the alliance most August 30, 2019 In the recent past, the G7 has largely been a talking shop for the leaders of the world’s biggest economies, who gather for a couple of days before sending out a communique generally agreeing that the western consensus should be maintained, and that globalisation is a good thing. Last year, all that changed. Who can [...]
Time to ditch the mindless tribalism of outdated politics August 30, 2019 Our politics is broken. In fact, for decades, the system has been anchored on the same unchanging institutions and cultures. Parliament. Whitehall. Political parties. Much of what passes for modern politics would be instantly recognisable to William Gladstone or Benjamin Disraeli. All around us, things are changing. The disruptive forces of technology are tearing through [...]
UK consumer confidence staggers in face of no-deal Brexit August 30, 2019 Consumer confidence in personal financial situations slumped in August, driven by the increasing uncertainty caused by Brexit. A measure recording changes in personal finances during the last 12 months fell by two points this month to -1, a decline of five points compared to August last year. Read more: UK consumer confidence slumps in June [...]
Saudi Aramco shuns London amid Brexit worries August 29, 2019 Saudi Arabia’s state oil giant Aramco is not leaning towards London for a potential listing, according to reports. The Wall Street Journal said the oil giant is going to split its listing into two parts. Read more: Saudi Aramco hires bankers for megalisting It will start by float on the Saudi stock exchange this year, [...]