EU referendum: A Brexit doesn’t necessarily spell doom and gloom for London’s property market – fortune will favour the brave May 31, 2016 While a vote to leave the EU on 23 June looks less likely by the day, landlords, letting agents and corporate relocation specialists shouldn’t worry too much about a Brexit. Whether we wake up on the 24 June ‘in’ or ‘out’ of Europe, it will be several months before the true consequences of either outcome become clear. [...]
M&G Real Estate move in on the east London housing market with development in Bow May 31, 2016 More tower blocks are set to pop-up in east London as property investors M&G Real Estate has signed a deal with Telford Homes to build new private rental homes in Bow. The £69.3m development will comprise two five-storey buildings and one 22-storey tower near the Langdon Park DLR station. Telford Homes is the developer and contractor of the scheme, which [...]
Looking for your first home? Find a partner first; nearly two out of three first-time buyers are couples May 31, 2016 If you're looking to buy your first home in the UK, think about looking for love first; new research out today shows most people aren't trying to go it alone in the current housing market. First-time buyers are on the up, but almost two out of three of them are buying as part of a couple, underscoring [...]
EU referendum: Former HSBC chief executive makes the case for Brexit May 29, 2016 The former chief executive of HSBC, Michael Geoghegan has made the positive case for Britain leaving the European Union in a report that argues the UK must "take back control over the City". The paper, co-authored with Peter Udale, an independent risk consultant, says the Bank of England has "given the impression that all the risks [...]
Bookies slash odds of Cameron standing down from the top job as Tory party squabbling gets heated May 29, 2016 As Tory in-fighting reaches fever pitch today over whether Britain should remain in the EU, the bookies have slashed the odds on David Cameron standing down as Tory leader before the year is out. Bookmakers William Hill have cut the odds on Cameron exiting number 10 from 10/1 to 2/1. William Hill spokesman Graham Sharpe said: [...]
Chappell bagged BHS with £35m backing from property dynasty May 29, 2016 Property investors bolstered Dominic Chappell's bid for BHS by handing him the £35m he needed to prove to Arcadia group that he was a suitable buyer for the high street retailer, the Sunday Times reported today. A month before Sir Philip Green sold BHS for £1 to Retail Acquisitions – majority-owned by Chappell – the son and [...]
Heads up, bosses: Here’s how to keep your staff happy during Euro 2016 May 29, 2016 Businesses have been urged to be flexible during Euro 2016 as they battle with staff who want to watch the game. The guidance, from the conciliation service Acas, is aimed at bosses dealing with a wave of requests for annual leave, as well as sickness absence and unbridled social media use during office hours. The report [...]
Sick of the scaremongering? It’s not over yet! Tony Blair just compared Brexit to World War Two May 29, 2016 Just when you thought there couldn't be any more hyperbole in the Brexit debate, Tony Blair has added his voice to the chorus, comparing a British exit from the European Union to World War Two. Speaking on the BBC's Andrew Marr Show this morning, Blair said: "This is the most important decision we are going to make [...]
Cabinet minister says Cameron and Osborne are “too rich” to understand the issue of immigration May 29, 2016 Cabinet minister and pro-Brexit politician Priti Patel has said in an opinion piece in the Telegraph that David Cameron and George Osborne are "too rich" to understand how high immigration is hitting the general public. The attack comes as the Brexit camp centre the debate on immigration, with Boris Johnson and George Osborne penning a letter in this [...]
EU referendum: Boris and Gove attack Cameron in open letter on immigration May 29, 2016 Boris Johnson and Michael Gove have centred the Brexit debate on immigration this morning by slamming Prime Minister David Cameron's record on net migration in a letter to the Sunday Times. Shifting the spotlight from economists, who have generally sided with the 'Remain' camp thus far, Johnson and Gove said Cameron's failure to curb net migration, a manifesto [...]
