100 Tory seats at risk: Voters abandon Boris Johnson en masse as Keir Starmer makes Red Wall comeback and leads nationwide January 2, 2022 A majority of Brits doubt Boris Johnson will be Prime Minister this time next year, as Keir Starmer has won voters’ hearts back in the Red Wall, according to a new poll. The Deltapoll survey of the 57 constituencies the Tories gained in the 2019 General Election, most of which could be considered part of [...]
UK house prices accelerate at fastest pace since before financial crisis December 30, 2021 UK house prices have accelerated at their fastest pace since before the financial crisis, shooting up over 10 per cent over the last year, reveal fresh figures released today. The cost of buying a home in Britain hit £254,822 this month, the highest price on record and up around £24,000 since December last year, according [...]
Best of the year: the business stories of 2021 December 29, 2021 Back in April, Credit Suisse got entangled in a “disaster pile-up” involving Greensill and Archegos. Eliot Wilson wrote of how the Swiss bank lost billions of dollars because of its relationship with the US based hedge fund Archegos and the now infamous Greensill Capital. This kind of economic catastrophe happens when banks have risk management [...]
Poverty looms for millions of UK families as energy bills climb by £1200, inflation rises and taxes jump 1.25 per cent in 2022 December 29, 2021 Soaring energy bills, inflation and rising taxes are likely to lead to a ‘cost of living catastrophe’ for millions of UK families, an economic think tank warned this morning. The Resolution Foundation (RF) said from next April families would typically face a £1,200-a-year hit to their incomes as the energy price cap is raised and [...]
Liz Truss frontrunner to succeed Boris Johnson as Conservative leader December 28, 2021 Foreign secretary Liz Truss has emerged as the frontrunner to succeed prime minister Boris Johnson among Conservative party leaders, a new poll has revealed. Truss, the former trade secretary until Johnson’s cabinet reshuffle in Septmber, has inched ahead of chancellor Rishi Sunak, according to a Survey by Conservative Home. A little over 23 per cent [...]
2021 in review: Furlough is government’s big success story, but Rishi Sunak’s £69bn lifesaver comes at a price December 27, 2021 Furlough has become a household word in recent years. The scheme that protected the jobs of nearly nine million Britons at its peak has been hailed as the big success story of the Government’s Covid support measures as the jobs market rebounds at an impressive pace. The warnings of soaring joblessness that struck fear into [...]
Pubs could stay open until 1am to celebrate Queen’s Platinum Jubilee December 26, 2021 Pubs, clubs and bars could be allowed to stay open for an extra two hours during the bank holiday weekend marking the Queen’s Platinum Jubilee.
Boris Johnson considers new Covid-19 measures as Omicron variant spreads December 26, 2021 Boris Johnson will weigh up whether or not to bring in new restrictions in a crunch meeting with his cabinet and scientific advisers tomorrow.
Stella McCartney pay rose to £2.7m while firm took furlough cash December 24, 2021 Designer Stella McCartney enjoyed a pay rise to £2.7m last year, while her business claimed £850,000 in government support during the pandemic, according to reports. The news comes amid reports that meanwhile cosmetics company Charlotte Tilbury has returned furlough payments of £3.2m it took during the pandemic to the government, after its makeup sales withstood the [...]
Diners stay away from restaurants as Omicron variant spreads across the UK December 23, 2021 People are staying away from restaurants in the run up to Christmas, according to the latest data from Open Table.