• Labour plans to move Bank of England out of London

    Labour has planned to move some of Bank of England’s operations to Birmingham In an effort to enable investment in other parts of the UK, part of the Bank of England may be moved out of London. There are plans to move the bank to Birmingham, ending its historical association ...
  • New York-based purveyor plans UK expansion

    West Elm, the New York-based purveyor plans to expand into the UK West Elm, the New York-based purveyor of mid-century goods, plans to open new stores in the UK. This step by the firm follows a new-found attraction for old furniture, which it plans to cash in on. As part ...
  • Parcel2Go to close crowd funding campaign

    With more than £1 Million in Funding, Parcel2Go to close crowd funding campaign The UK’s biggest parcel delivery comparison website, Parcel2Go, will close its crowd funding campaign. Customers of the company visit the website and compare the services and other details of more than 20 courier companies. Parcel2Go has received ...
  • Better performance by Newcastle real estate giant

    Newcastle-based LSL has reported improved turnover and profits The price of houses is expected to be affordable after last week’s budget in which the government announced measures for making housing possible for more number of people. The stamp duty was scrapped for first time buyers to make housing within the ...
  • Financial institutions weigh relocation options

    Bank of America is considering various options for shifting its trading base from the UK to continental Europe The effect of brexit is showing up on the finance and banking industry. These banking and financial institutions are concerned regarding the UK’s exit from the European Union. So, they are taking ...
  • Plans to regulate bitcoin

    Tories plan to regulate trading in virtual currency Although bitcoin is great as a part of trading, it has its own set of disadvantages as far as governments are concerned. As it is turning out, the crypto currency is being used for a range of illegal purposes since trading in ...
  • UK’s banks to steer the country out of a possible brexit upheaval

    Bank of England says that the Britain’s banks will be able to cope up with a hard brexit The UK’s banks are prepared to steer the UK through a possible hard brexit. In case there is a ‘no deal’ between the UK and the EU and the country crashes out ...
  • Two major developments drive European shares up

    German coalition talks and Bank of England’s upbeat report push European shares high After a downbeat day in Asia, European shares were higher following two major developments in Europe. One of them concerns a statement by German Chancellor Angela Merkel in which she expressed the willingness of her conservative bloc ...
  • Brokers steal the show back from comparison sites

    Brokers have reemerged the king when it comes to personal lines The broker remains the king even in the times of comparison websites. Although, the comparison websites may have had the limelight for some time when it comes to personal lines, it is the broker which is back in focus. ...
  • The fourth quarter may see still lower activity in the housing sector

    A poll by United Trust Bank shows more brokers see a further fall in the property sector The property market in the UK will continue to follow the downward trend in the last quarter of 2017, expect brokers. Although there is a section among brokers who think that house prices ...