From stamp duty to the triple lock, Andy Haldane says bold Burnham leadership can usher ‘vibe change’ for UK economy
London mayoral elections: Stephen Greenhalgh argues the capital needs a more joined-up approach to its emergency services August 20, 2015 London's ambulance service is in crisis. Last year Prime Minister David Cameron was forced to defend its performance, which was the worst in the country with only 66.5 per cent of ambulances reaching the most serious 999 calls within eight minutes. The NHS target is 75 per cent. This is because the ambulance service [...]
UK immigration: Businesses including Asda, Lloyds Banking Group, Rolls-Royce, Siemens warn Tories over migration curbs August 14, 2015 Britain’s biggest businesses have warned the government against tightening rules for employing foreign workers, saying that new restrictions could increase costs, jeopardise graduate schemes and encourage firms to move their operations overseas. Asda, Lloyds Banking Group, Rolls-Royce, Siemens and others made their case in formal submissions to the Migration Advisory Committee (MAC), a group of [...]
The rise of the posh burger: How London has fallen for Gourmet Burger Kitchen, Byron, Honest Burger, Five Guys and Shake Shack August 7, 2015 We’ve all seen them: on busy streets and in trendy back alleys, London has been invaded by posh burger joints. When did this invasion start? And who are the main protagonists? We’ve chosen five players in the influx and charted their progress in the capital. Gourmet Burger Kitchen (GBK), Byron, Five Guys and Shake Shack. [...]
Airport expansion: Forget Heathrow and Gatwick – only Thames Estuary can give more than a sticking plaster solution to the UK’s airport expansion needs August 4, 2015 Last week big business was on the march with 57 senior business leaders signing a letter urging the Prime Minister to give a third runway to Heathrow. This follows on neatly from the Davies Commission – a £20m report that has taken three years to recommend political suicide. The challenge for a future [...]
OntheMarket will fizzle out before its first birthday because unlike Zoopla and RightMove it serves the middlemen, not home buyers and sellers July 29, 2015 Years ago, estate agents used to sell properties via traditional marketing campaigns, from listings in a shop window to double page adverts in the local newspaper. Times have certainly changed and these days nearly all property buyers head to Zoopla or Rightmove to find their next property. This week marks the six-month birthday for [...]
Great Scotland Yard snapped up by Indian billionaire Yusuffali Kader’s Lulu Group for luxury hotel July 26, 2015 Indian billionaire Yusuffali Kader has snapped up the historic home of London's Metropolitan police and will turn Great Scotland Yard into a luxury hotel. Kader's Abu Dhabi headquartered Lulu Group has bought up the Edwardian building in Whitehall in a £110m deal with Galliard Homes, and will work with the Steigenberger Hotel Group to run the [...]
Focus on St James’s: The home of the English gentleman July 9, 2015 In many ways, St James’s resembles the City. Sure, there aren’t any skyscrapers and it’s not half as old, but it’s SW1’s commercial hub and barely anyone lives there. As proud purveyors of men’s garments since the Victorian age, it boasts such prestigious names along Jermyn Street as Turnbull & Asser, Alfred Dunhill, while St [...]
July Budget 2015: From the pensions expert to the PwC economist, reactions to the chancellor’s statement July 9, 2015 THE BUSINESS GROUP Confederation of British Industry director general John Cridland Firms will welcome measures to boost investment but will be worried about paying living wage. “This is a double edged Budget for business. Firms will welcome measures to balance the books and boost investment, but they will be concerned by legislating for wage increases [...]
London mayor hopefuls square off on Heathrow July 1, 2015 PROPOSALS to build a third runway at London’s Heathrow Airport are set to take centre stage in the race for City Hall, as mayoral hopefuls plant their flags on all sides of the debate. The Airports Commission’s recommendation yesterday to expand Heathrow has cut across party lines, with Conservative and Labour candidates split over the [...]
Why we should mobilise public land to tackle London’s housing crisis June 28, 2015 A starter for ten. How much of the land in the London Borough of Southwark is owned by Southwark Council? 10 per cent? 20 per cent? More? Answer: 43 per cent, including, astonishingly, 10,000 garages, most of them part of council housing estates built in the 1960s and 1970s. Southwark Council is not exceptional. London’s [...]