Business

ON THE LADDER How I got a 20% discount and saved £1,800 a month to buy my first home aged 24

-She was lucky to be able to live with her parents after Uni, living on just £100 a month from her £36,500 a year salary for three years. This enabled her to save up the £29,760 deposit to buy her 198,400 one-bed first home in Barking when she was just 24 years old. As she […]

Business

Universal basic income to be tested in Wales

independent– The Welsh government is to trial a universal basic income (UBI) scheme that would pay adults a set amount, regardless of their income. People leaving care could be the first to go onto a pilot UBI scheme, a spokesperson for the Welsh government told the BBC. First Minister Mark Drakeford first floated the idea of UBI […]

Business

Brexit POLL: Should Boris threaten to cut off EU from City in finance deal ultimatum?

express– Despite the predictions of doom-mongers in the wake of the 2016 referendum, the much-anticipated exodus of finance jobs to Frankfurt and Paris has so far failed to materialise. The Prime Minister yesterday received a timely boost after the Financial Services Bill became law after receiving Royal Assent, amending existing laws in 17 areas, including banking

Business Latest News

Bitcoin crackdown: UK to ‘fall in line’ with Biden and restrict crypto: ‘End up worthless’

express– Crypto markets plunged today after it was reported that the US President is planning to raise capital gains tax. Mr Biden is said to be considering nearly doubling tax to as high as 39.6 percent, from the current 20 percent. Cryptocurrency investors face higher taxes if Mr Biden presses ahead and the market responded respectfully – Bitcoin crashed 10 […]

Business

Sucking it up: UK manufacturers look in vain for Sir James Dyson’s Brexit benefits

independent– The Brexit-supporting manufacturing entrepreneur Sir James Dyson gave an interview this week in which he suggested the UK’s departure from the European Union’s single market and customs union on 31 December was already yielding benefits for British businesses. “We’ve got our freedom, we can make trade agreements with other countries outside Europe [and]

Business

Nationwide customers could secure 2% interest savings account – check eligibility now

express– Nationwide is a familiar name on Britain’s high streets, and the provider has said it is the most popular building society across the globe. However, with interest rates at a shocking low recently, it is no surprise many have felt less compelled to save. In March 2020, the Bank of England took the decision […]

Business Europe

Euro ‘shunned’ by investors: Single currency not popular as ailing bloc lags behind UK

express– Jeremy Thomson-Cook, Chief Economist at international business payments specialist Equals Money, was speaking at a time when countries throughout the EU27 – as the 19 states which are also members of the eurozone – are struggling to contain a third wave of COVID-19. Their progress has been hampered by the bloc’s sluggish vaccine rollout, which

Business

Pound rockets against euro as UK’s vaccine rollout to spark ‘rapid economic rebound’

express– Today, the pound was up 0.2 percent against the euro at 85.53 pence per euro and was on track for a 0.4 percent gain against Europe for the week as a whole. Now, economists have said the “wheel of fortune” is turning back to the UK. Kallum Pickering, the senior economist at Berenberg, said: […]

Business

Flooring Superstore breaks new ground on the high street and with eco-friendly ranges

express– Company turnover is topping £50 million and the company has also seen demand for samples rise 172 percent. While that reflects the home improvement boom that has swept the UK during lockdown, it also demonstrates the strength of the company’s multi-channel model, says chief executive Dan Foskett who co-founded the company in 2012 initially […]

Business

John Lewis warns of more store closures when lockdown ends after posting £517m loss

independent– John Lewis has warned staff it will permanently close more stores after the “most challenging year in the partnership’s history”. The department store chain reported huge losses, largely due to coronavirus lockdowns that have seen its stores close for long periods and prompted a rapid shift to online shopping. In an announcement on Thursday, John