Editor’s Notes: Tory immigration policy will harm the City and our economy, Corbyn’s deleted Chavez past and City AM founders included in Change Makers series May 26, 2017 Back when George Osborne was chancellor and Theresa May was home secretary, the pair would argue over the wisdom of seeking dramatic reductions in net migration. May was obsessed with the idea, and clearly still is, whereas Osborne was instinctively more comfortable with the view that immigration was nothing to worry about and the benefits [...]
Crossrail 2 could be derailed by the General Election as approval is left to next government and Conservatives leave it out of their manifesto May 18, 2017 The future of Crossrail 2 could be pushed off track by the General Election, as the government does not intend to give the £30bn project’s business case the go-ahead by the end of this month. The Conservatives also left out any mention of a commitment to the project in today’s manifesto. Crossrail 2 boss Michele [...]
UK house price growth drops to 4.1 per cent in March as slowdown in London continues , according to data from the Office for National Statistics May 16, 2017 Average UK house prices increased 4.1 per cent in the year to March 2017, down from 5.6 per cent in the year to February 2017. New data from the Office for National Statistics shows the general slowdown in the annual growth rate seen since mid-2016 continues. House prices in London recorded the second-lowest annual growth [...]
Labour’s Robin Hood tax plans: Pensioners will suffer as levy erodes retirement pots, says asset manager May 15, 2017 Pensioners will be hit hardest by Labour plans to introduce a Robin Hood tax, one of the UK’s leading asset managers has said. On Sunday the Labour party revealed plans to raise £4.7bn by changing stamp duty levels on shares and introducing a levy on other financial instruments such as derivatives. Today the chief investment [...]
Schroders Global Cities 30 index: Seattle’s boom is about far more than Amazon May 5, 2017 The Schroders Global Cities Index ranks the fastest growing urban economies in the world, focusing on the potential for property investment. Read more on the Global Cities Blog. On this post, we examine Seattle’s success and its future prospects . Why Seattle? Sitting at no.25 in the Global Cities Index, we rate Seattle as a [...]
Global Cities 30 index: Seattle’s boom is about far more than Amazon May 5, 2017 The Schroders Global Cities Index ranks the fastest growing urban economies in the world, focusing on the potential for property investment. Read more on the Global Cities Blog. On this post, we examine Seattle's success and its future prospects . Why Seattle? Sitting at no.25 in the Global Cities Index, we rate Seattle as a [...]
Jerusalem is the world’s top emerging start-up hub. We use a new app to navigate its culinary scene May 2, 2017 Think of Jerusalem and one imagines ancient history, religion, and regional tensions. Not craft beer, tech incubators and model-slash-DJs. It is, I discovered, a city of surprises. In the millennia-old Church of the Holy Sepulchre half a dozen worshippers from a variety of faiths kneel and touch the slab on which, it is believed, Christ’s [...]
Taxi drivers to protest outside the Evening Standard’s offices over George Osborne’s appointment as editor May 2, 2017 London cabbies are planning to demonstrate outside the Evening Standard’s offices this morning, on George Osborne’s first day as the newspaper’s editor. Taxi drivers will protest from 10am over “fears that the paper could lose its independence and status as the ‘voice of London’ under his leadership”, the Licensed Taxi Drivers Association (LTDA) said today. [...]
UK house prices: Nearly six in 10 (58 per cent) expect the average property price to rise in the next 12 months April 21, 2017 Confidence in the UK housing market has risen following record declines, according to Halifax’s housing market confidence tracker. Nearly six in 10 (58 per cent) expect the average property price to rise in the next 12 months, compared to just one in 10 (14 per cent) who expect prices to fall. In May 2015, a [...]
Why cybersecurity needs more attention from business leaders April 10, 2017 As businesses have become more dependent on technology, their exposure to cybersecurity threats increases – driving a need for boards and senior management to understand the risks. Cybercrime has grown so much that the Office for National Statistics (ONS) recently began including it in official figures. In 2016, a report from the National Crime Agency [...]