News

It is news that will panic many in the UK financial sector, it has been claimed that UK banks will be leaving the UK for Paris, once Brexit begins. Talks are in already at an “advanced’ stage, according to the French financial regulator. The secretary general of the AMF Benoit de Juvigny has said that UK banking institutions have been in touch asking for information about how they would be regulated if they made the move across the Channel. He...

The house has been debating the Brexit since in Parliament since PMQs finished just before 1pm today. The MPs went into vote and a huge 461-89 decided they wanted Article 50 triggered sooner rather than later, and starting the two-year process to exit the EU. However, they also backed a Labour that means May must disclose her Brexit plan before the process begins. This decision also meant that the PM will need to reveal her Brexit plan, and many are...

The PM was in Bahrain to “turbo-charge” the UK’s trade in the Gulf, I guess that is code for “sell more heavy weaponry to the Saudi Government to shoot civilians.” To be fair she can drop off a bit of hardware for the Bahrainis while she is there, rude not to. Additionally the main debate today was after PMQs, regarding Brexit (after finally being allowed to do it) so this was a bit of a non-event, sorry. However, sombre as...

How many times have you heard jargon such as VaR, IFA and AER and had no idea what on Earth people were talking about? When it comes to finances ignorance is bliss for most Brits, but it could be costing us a lot of money. A new report has found that two thirds of people could be losing out on cash because they don’t fully understand many financial terms, and 74 per cent say they feel completely bamboozled when talking to financial experts....

Southern Rail has said sorry more than any other train company this year, according to a website that tracks apologies to customers - by apologising 111 times every DAY. The beleaguered train company has said sorry to customers almost 38,000 times this year so far. Southern has apologised 37,830 times in 2016 according to sorryfortheinconvenience.co.uk - who log how often train companies say sorry to customers on Twitter. Thameslink, who also run services between Bedford and Brighton, has made 17,602...

Here's a handy business guide to Debt Finance from OakNorth Bank. Debt financing is a method of borrowing money whilst not giving up or selling off ownership of your business. The bank was created to help the UK’s growth businesses and entrepreneurs reach their potential by providing them with bespoke, no-nonsense debt finance solutions, delivered in days or weeks rather than months. 5 points to consider before applying for debt finance from banks, in the UK Featured image: Nguyen Hung Vu via Flickr -...

Workers in the UK working via employment agencies are not getting a fair deal, says the Resolution Foundation. The problem is growing as the number of agency staff has increased rapidly in recent years. The Think-Tank found that agency workers are disproportionately drawn from ethnic minorities and are concentrated in low-paid industries and lower-skilled jobs. There are now 865,000 agency staff in the UK, which has risen 200,000 since 2011. Over the last 18 months, 14% of agency workers were also...

More good news for cyclists in the capital as the Mayor of London has announced a plan to invest £770m on cycling initiatives across London. The funding will be spread over five years, seeing £154m per annum to fund infrastructure and promote cycling. Khan wants to make cycling in the capital a "safe and obvious choice for Londoners of all ages and backgrounds". There have been numerous deaths of cyclists in recent years, prompting calls for safer cycle lanes around...

A disillusioned fox hunt organiser says he has seen "no evidence of hounds killing a fox", despite pictures and videos been released showing a savage attack at a hunt on Saturday. Animal rights activists recorded a fox being illegally hunted and killed by members of the Old Surrey Burstow & West Kent Hunt near Tunbridge Wells, Kent. The video appears to show a pack of dogs attacking a fox in woodland, before the fox is then removed from the hounds by...