Rise in consumer confidence gives hope for summer spending boost May 24, 2024 UK consumer confidence rose by two points in May in a sign that Brits are becoming increasingly hopeful about their financial position ahead of the summer months.
Happy birthday to the Elizabeth line May 24, 2024 The economic value the Elizabeth Line has brought to London cannot be underestimated, but we can’t stop there. Two years on, it’s time to think about how we can build on its success, says Tristram Gethin Today the Elizabeth line celebrates its second anniversary. Speak to Londoners about the impact it’s had, and you’ll be [...]
Haldane: Bank of England only ‘six months late’ if it starts cutting rates in June May 23, 2024 Speaking on LBC, Andy Haldane, the Bank's former chief economist, said "they (the Bank) should have been cutting from around January."
Cazoo: Was online car retailer always doomed to fail? May 23, 2024 Could the downfall of Cazoo from being valued at more than £5bn to its collapse into administration have been avoided or was it always doomed to fail?
General election: Want to boost UK growth? Here’s what top economists would do May 23, 2024 Economists think that the next government should prioritise reforms to the planning regime in order to boost the UK's economic growth, according to a City A.M. poll.
Why London’s commercial property sector is finally booming back May 23, 2024 After a torrid few years, sentiment in London’s commercial property market appears to be improving.
Nationwide CEO: No plans for more big acquisitions after £2.9bn Virgin Money deal May 23, 2024 The chief executive of Nationwide has said the lender is not considering any more big-ticket acquisitions, with Britain's largest building society already busy enough finalising its £2.9bn takeover of Virgin Money.
UK economy: Survey suggests growth is slowing ahead of July general election May 23, 2024 The performance of the UK economy is likely to be central to the election campaign.
London’s West End gets welcome boost with return of foreign tourists May 23, 2024 An influx of foreign tourists over the past 12 months has delivered a boost for the West End's biggest landlord, Shaftesbury Capital, as it reveals its first financial results since its £3.5 bn takeover last year.
GPE to raise £350m to invest in London’s ‘attractive’ commercial property market May 23, 2024 GPE has launched a £350m rights issue along with its full-year results, which were published today.