General Election 2015: EU membership referendum would be too close to call – poll April 15, 2015 Any referendum on a possible Brexit from the European Union (EU) would be far too close to call, according to a new opinion poll. The survey, by Populus for the Financial Times, showed that 39 per cent of those polled would vote to leave the EU, with 40 per cent preferring to stay. The anti-Europe [...]
General Election 2015: How are Ukip and Nigel Farage doing in the “people’s army’s” target seats? April 15, 2015 Last year Ukip’s plans to storm to 12 seats at this year’s General Election were revealed, but as the election draws near, how is the party faring across those constituencies? Ukip won its first MP in October when Douglas Carswell won a landslide victory in Clacton. This was followed up by a less decisive, but [...]
Phones 4U creditors to receive up to 24p in the pound says PwC April 14, 2015 Collapsed mobile phone retailer Phones 4U will return up to 20-24p in the pound to senior creditors, but suppliers and the taxman will get relatively little from the administration. PwC, which was appointed administrator in September last year, said super senior noteholders – typically hedge funds and other asset managers – will receive nearly [...]
London house prices no longer the UK’s fastest growing as General Election looms April 14, 2015 House price growth is slowing in the run up to the election, new data from the Office for National Statistics (ONS) has shown, with London slipping down the list of fastest growing regions. In January London was top of the pile with 13 per cent year-on-year growth, but it’s been knocked back as its growth [...]
General Election 2015: Uncertainty hangs over UK mortgage lending data April 14, 2015 The uncertainty surrounding the General Election hit mortgages in February, as lending dropped, with the total number of loans falling one per cent on January’s figure and 16 per cent compared to last year. The figures According to the Council of Mortgage Lenders (CML),a total of 40,600 loans valued at £6.8bn were granted in February, meaning the [...]
Charted: Coalition the first government to enjoy uninterrupted interest rates for 60 years April 10, 2015 With the Bank of England’s interest rate decision yesterday, the coalition government has become the first government for 50 years to make it through its entire time in power without interest rates being raised. The total, if you're counting, is now 74 months, after the rate was lowered from one per cent on 5 March [...]
Debenhams bolsters board with appointment of Terry Duddy as a non-executive director April 10, 2015 Debenhams is looking to bolster its board by appointing veteran retailer Terry Duddy as a non-executive director, as it tries to improve its fortunes after years of underperformance. Duddy was chief executive of the Home Retail group until March last year and is chair of the retail trust. Until 2006 he was chief of Argos, [...]
Secret plans are being drawn up to kick Greece out of the Eurozone April 10, 2015 Eurozone countries are formulating plans to boot Greece out of the single currency, as expectations grow that Athens may default on its debts next month. A memo put together by the Finnish Finance Ministry, a close Berlin ally, talks of “very difficult political decisions” as the currency bloc braces itself for Greece’s cash flow to [...]
Is China planning to build a railway under Mount Everest? April 9, 2015 Its summit is the highest place on earth at 8,848m above sea level and scaling its peak is deadly: Mount Everest claims the lives of just over two per cent of those attempting to scale it. Now the Chinese government is considering building a railway underneath the giant peak, linking China with Nepal, a country [...]
These stunning pictures show what the New Covent Garden Market at Nine Elms on the South Bank will look like April 9, 2015 Plans to rejuvenate the Covent Garden Market cleared another hurdle today, as Vinci St. Modwen and the Covent Garden Market Authority reached a final agreement over the project. Construction will begin this summer to build the 500,000 sq ft project on the South Bank, but what will the site actually look like? These amazing photos [...]
