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Think tank gives bleak outlook for UK economy

The UK is set to see the longest fall in living standards in 60 years, according to the Resolution Foundation. The think tank has said that disposable incomes in the UK are set … Continue reading “Think tank gives bleak outlook for UK economy”


UK budget sees SDLT cut for first-time buyers

Stamp Duty Land Tax (SDLT) is to be abolished for most first-time buyers in England and Wales under Chancellor Philip Hammond’s budget, as reported by BBC News. Purchasers buying their first home will … Continue reading “UK budget sees SDLT cut for first-time buyers”


Aerospace leaders call for EU membership through Brexit transition

A UK aerospace and defence trade association has called for the UK to remain as an EU member state for a post-Brexit transitional period, according to FlightGlobal. ADS chief executive Paul Everitt told … Continue reading “Aerospace leaders call for EU membership through Brexit transition”


UK government plans to build 300,000 homes a year

The UK government plans to build 300,000 homes a year in a bid to ease the housing crisis, according to BBC News. Chancellor Philip Hammond has said the pledge will be made in … Continue reading “UK government plans to build 300,000 homes a year”


Post-Brexit hubs for Goldman Sachs in Frankfurt and Paris

Goldman Sachs is planning to have two hubs on the European continent following Brexit, according to Reuters. The banking giant will establish bases in Frankfurt and Paris, with London staff free to decide … Continue reading “Post-Brexit hubs for Goldman Sachs in Frankfurt and Paris”


Parliamentary committees criticise gig economy

Two parliamentary committees have indicated that rules governing the so-called ‘gig economy’ should be changed to protect workers from exploitation, according to BBC News. The Work and Pensions Committee and the Business Select … Continue reading “Parliamentary committees criticise gig economy”


HSBC agrees to settle French tax evasion case for €300m

HSBC is to pay €300m (£266m) to French authorities in order to settle a long-running investigation into tax evasion by French customers of the bank, according to BBC News. The allegation from the … Continue reading “HSBC agrees to settle French tax evasion case for €300m”


Nisa shareholders narrowly agree Co-op takeover

Shareholder approval has been secured for the takeover of Nisa convenience stores by the Co-Operative Group in a £137m deal, according to BBC News. An emergency meeting of shareholders secured 75.79% backing for … Continue reading “Nisa shareholders narrowly agree Co-op takeover”


Boeing scoops major Emirates 787 Dreamliner order

Boeing has announced a major new order of 40 Boeing 787 Dreamliners for Emirates Airline, according to BBC News. The $15bn (£11.3bn) deal was made public on the first day of the Dubai … Continue reading “Boeing scoops major Emirates 787 Dreamliner order”


Spending rate falls to lowest since 2014

UK shoppers were spending less in October than at any point in the last four years, according to a survey by payments provider Visa as reported by Reuters. Consumer spending fell by 2.0% … Continue reading “Spending rate falls to lowest since 2014”


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