UK home sellers overprice their properties by as much as 21 per cent in wake of stamp duty holiday February 24, 2022 Rightmove revealed yesterday that asking prices saw their biggest monthly increase in over 20 years. Despite a property market boom, the gap between the asking price expectations of the nation’s sellers and what buyers are willing to pay is as big as 21 per cent in some areas of the market, according to data shared [...]
Open banking’s ‘spaghetti soup’ of regulators needs streamlining, says boss February 24, 2022 The boss of the UK’s open banking body has called for the “spaghetti soup” of regulators overseeing the technology to be streamlined, as fintech firms increasingly push to accelerate its roll out.
UK fraudsters extend their reach after taking advantage of two-thirds more victims during Covid February 24, 2022 The number of UK fraud cases worth more than £100,000 jumped by two-thirds (66 per cent) between 2020 and 2021, according to new figures from KPMG’s UK Fraud Barometer. The figures show fraudsters took a splatter-gun approach to financial crime last year, in defrauding a larger number of victims for smaller sums of money than [...]
MULLINS HOPING TO ASSEMBLE ANOTHER ELITE FESTIVAL SQUAD February 23, 2022 WITH 78 Cheltenham Festival winners on his CV already, you would have thought trainer Willie Mullins would be relishing a return to Prestbury Park next month. However, the reality is somewhat different. “If I’m honest the week or two leading up to Cheltenham can be tough and leaves you with a feeling of dread in [...]
Buyers’ demand for Bath hots up after Netflix series Bridgerton February 23, 2022 Demand for homes in cathedral cities has been hotting up among overseas buyers, with house-hunters enticed by the Netflix series Bridgerton. According to data from estate agent Winkworth, demand and prices for cathedral cities are 20 per cent higher than other locations. For the city of Bath, where the Regency era romance series Bridgerton was [...]
Mandatory face masks on TfL scrapped from tomorrow February 23, 2022 Transport for London (TfL) has confirmed that from tomorrow face masks will no longer be mandatory across the network. After considering several factors – including the government’s ‘Living with Covid’ plan and London’s downward rate of infections – the public body decided to scrap the requirement, still encouraging the use as a courtesy to fellow [...]
City exclusive: London court issues arrest warrant for high-profile venture capitalist Julie Meyer February 23, 2022 The High Court has issued an arrest warrant for Julie Meyer, the founder and CEO of Swiss investment fund Viva Investment Partners (VIP), after she failed to attend a court hearing last week. The decision to issue a warrant for Meyer’s arrest comes after the High Court this month handed the high-profile businesswoman a [...]
Premiership Rugby CEO Simon Massie-Taylor on chasing audience reach February 23, 2022 When US presidents are sworn into office, they are often assessed on their first 100 days in charge. But less than 60 days into his new role as chief executive of Premiership Rugby, Simon Massie-Taylor is already judging himself against his own checklist of objectives. “My purpose in my first 100 days is to be [...]
£3.8bn stall but still flying: UK’s biggest airport looks ahead after ‘worst year in Heathrow’s history’ February 23, 2022 Heathrow has revealed 2021 was the worst year in its history, as passenger numbers fell to 19.4 million – the lowest since 1972 – while cargo went down 12 per cent as a result of the pandemic’s impact on aviation. In the year ended 31 December, the London hub reported that, despite its efforts to [...]
BBC Exodus: Emily Maitlis and Jon Sopel leave the Beeb to start podcast February 22, 2022 Emily Maitlis and Jon Sopel have announced a shock departure from the BBC in a move that blows the race for the new political editor position wide open. The Newsnight presenter wrote today: “Some work news – @BBCJonSopel and I are going to launch a brand new podcast with @Global, exec produced by @dinosofos.” “It’s [...]