The Shadow Chancellor, John McDonnell has said that the Chancellor has shown “cowardice” over Brexit. McDonnell claims Philip Hammond could have done more to ensure Brexit isn't hugely damaging to the economy. He made the comments at a speech at Bloomberg today. McDonnell said: "The position of the chancellor of ...
In more unsettling Brexit news, it has been reported that in a No-deal Brexit scenario the UK economy would tank. According to the OECD (Organisation for Economic Cooperation and Development) the UK economy would slide into recession and growth would plunge under 1 per cent. Even if there is a ...
Austerity policies have resulted in nine years of slower growth and left us all £1,495 a year worse off, analysis by The New Economics Foundation has revealed. The think tank found the impact of tax and spending changes since the Conservatives came to power had left the economy £100 billion smaller than ...
RBS has warned of the harm of Brexit on the UK economy, even after posting some huge profit figures. Brexit threatens RBS’s ability to clear more than £44.08 billion pounds per day in cross-border payments, if they are not granted licences to clear fees via its Frankfurt operations. The bank ...
Working people should not be made to pay the price for Conservative political failures says GMB Union amid the sluggish GDP figures today. Economic growth slowed to just 0.3% in the three months to November - the lowest for six months. Meanwhile manufacturing growth has fallen five months in a ...
Do you work for a multinational company whose head office is currently in London? And, are you considering visiting London on business shortly? Or do you no longer need to rent one of the serviced apartments in the capital city of the UK because your company is moving its head ...
As Conservative MPs busied themselves lining up to walk Prime Minister Theresa May down the gangplank of a vote of a no confidence vote just weeks before Britain faces it's biggest challenge in decades and apotentially ruinous no deal Brexit, in central London the United Nation's investigation into the effects ...
According to the Office for National Statistics (ONS), the phenomenon described as ‘brexodus’ – the exodus of people from the UK as a result of Brexit – is accelerating. In the year between September 2016 and 2017, around 130,000 EU citizens left the UK for good, the highest number since ...
Figures from London Central Portfolio show annual transactions in Westminster and Kensington and Chelsea have fallen to 3,606 - fewer than 70 sales per week.