UK Job Vacancies Have Reached A Record High


UK Job Vacancies Have Reached A Record High

The number of job vacancies has reached 1.2 million due to post-Brexit labour shortages and the post-Covid reopening. The UK jobs market is booming, recording the highest ever number of vacancies due to a combination of post-Brexit labour shortages and the reopening of the economy following the end of Covid-19 restrictions. The number of job…

Average UK house price rises by £25,000 in a year


Average UK house price rises by £25,000 in a year

The average cost of a UK home increased by £25,000 in the 12 months to August, official figures show, with rises recorded in all regions. The annual rate of price inflation hit 10.6% during the month, up from 8.5% in July, the Office for National Statistics said, bringing the average price to £264,000. The rebound…

UK house prices jump by most since 2007


UK house prices jump by most since 2007

British house prices rose by the most in almost 15 years in September ahead of the end of a tax break for house-buyers and they were expected to continue their climb to new record high levels, mortgage lender Halifax said on Thursday. Prices rose by 1.7% from August, the biggest monthly increase since February 2007….

Manchester Ranked Third in Time Out’s World’s Best Cities List


Manchester Ranked Third in Time Out’s World’s Best Cities List

Manchester is the third best city in the world, according to a list compiled by Time Out. The northwestern city came top in categories including friendliness, resilience and nightlife in the lifestyle brand’s annual round-up of the world’s 37 best cities. Time Out polled 27,000 residents in cities around the world about food, drink, social…

London Underground’s Northern line extension comes into service


London Underground’s Northern line extension comes into service

The first major addition to the London Underground this century comes into service on Monday, when the Northern line extension opens to carry passengers to new stops at Nine Elms and Battersea Power Station. Taking six years of construction and testing, and a longer period again of design and planning, the £1.1bn project – adding…

Lloyds Bank sets out new plans to buy 50,000 homes


Lloyds Bank sets out new plans to buy 50,000 homes

Lloyds Banking Group is reportedly planning to become one of the UK’s biggest landlords, according to the Financial Times. The banking giant is aiming to buy 50,000 homes in the next 10 years and charge tenants rent as a private landlord. The Financial Times said that Lloyds Banking Group has launched the ‘Citra Living’ brand…

London takes aim at New York with five-year financial plan


London takes aim at New York with five-year financial plan

Britain needs to ease taxes on banks and make it easier to hire staff from abroad, its financial and professional services lobby said in a blueprint to help London unseat New York as the world’s top international financial center within five years. The strategy paper on Tuesday from TheCityUK reiterated some ideas already aired in…

UK house prices bounce back unexpectedly in August


UK house prices bounce back unexpectedly in August

British house prices rebounded surprisingly strongly in August, chalking up their second-biggest monthly rise in 15 years after a fall the month before when a pandemic-era tax break began to be phased out. Mortgage lender Nationwide Building Society said British house prices rose by 2.1% month on month in August after a 0.6% fall in…

Amazon is offering a £1,000 joining bonus for new UK staff


Amazon is offering a £1,000 joining bonus for new UK staff

Amazon is offering four-figure ‘golden hellos’ to new warehouse recruits in a bid to overcome a staff shortage and anticipated boom in online shopping. New warehouse workers will be handed £1,000 bonuses while the world’s fourth most valuable company is also offering full-time and contract workers immediate starts, flexible hours and pay of up to…