London house prices down 2.9% on the month
UK house prices fell 1.2% on the month in September, with a decline of 2.9% in London, according to figures released by Rightmove. The price drop is the first monthly…
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South Wales to get zero-emission black cab plant
Norwegian aluminium company Sapa has announced plans to invest £9.6m in an automotive plant in Caerphilly, Wales in order to produce a new generation of eco-friendly London black cabs. The…
John Lewis Partnership profits fall 53.3%
Profits of the John Lewis Partnership have fallen more than 50% following a major programme of restructuring and redundancies, according to the BBC. A £56.4m transformation programme meant that profits…
Economists do not expect interest rate rise until 2019
A survey of economists has revealed that UK interest rates are not expected to rise until 2019, despite inflation being above the Bank of England’s target. A BBC survey found…
Can online estate agencies disrupt an entrenched property industry?
Offline agents have for a long time dominated the real estate industry and led many people to believe that they are unshakable. The revolution on how people buy and sell…
Survey shows drop in UK business confidence
Business confidence in the UK has fallen as the country faces an uncertain economic outlook and a slowdown in demand. A new survey by Lloyds Bank shows that confidence among…
‘Business as usual’ for commercial and household lending in the UK
There has been little change in borrowing patterns among UK consumers and businesses since the EU referendum, according to figures released on Wednesday by the British Bankers' Association (BBA). The…
Gender pay gap grows after childbirth
Women in the UK who return to work after having a baby lose out on wage progression, according to a new report by the Institute for Fiscal Studies (IFS). The…
How Might the Chancellor’s Autumn Statement Affect Landlords?
The year 2016 has definitely been a turbulent one for Britons, especially landlords. The property market is still reeling from the result of the EU referendum in addition to some…
Public liability insurance: Business essential or nanny state gone mad?
Many business owners make the mistake of not properly understanding public liability insurance before launching their small business. This leaves them at risk of paying exorbitant fees for damages in…
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