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London economic news, trends & insights

Border controls

Net migration grows 42% as Cameron miles off target

Thu, 27 Nov 2014| By Sophie Hobson

Net migration has grown in the past year, despite David Cameron’s aim to curb it.

George Osborne

7 things Osborne must do for the economy: Autumn StatementVideo

Thu, 27 Nov 2014

Entrepreneurs and business leaders on what they want from 3 December

money

9 facts about poverty in the UK

Mon, 24 Nov 2014| By Robyn Vinter

A record number of working families are living in poverty, with incomes of the poorest workers falling 10% in a decade, according to the Joseph Rowntree Foundation’s annual report.

Storm clouds over Cambridgeshire August 2014

Global business confidence at five-year low, but UK most upbeat

Mon, 24 Nov 2014| By Sophie Hobson

“Clouds are gathering,” says Markit

Fat Man

Obese people cost us £47bn? The Adam Smith Institute rips that to shreds in one comment

Thu, 20 Nov 2014| By Sophie Hobson

You will have by now seen the news that obesity is costing the UK each year more than war, or terror, or smoking.

Money Map UK

Bountiful Britain: UK net wealth rises to £7.6 trillion - that’s £119,000 per person

Thu, 20 Nov 2014| By Harry Cockburn

Good news everyone, you’re probably much richer than you realised.

UK border controls

Shock stats: a QUARTER of Brits think all immigrants should be forced to leave the UK

Thu, 20 Nov 2014| By Robyn Vinter

A quarter of British people said they thought all immigrants should be sent back to their home countries.

Union Jack flag on the ground

UK fails to make top 20 countries to do business in

Thu, 20 Nov 2014| By Sophie Hobson

Why? What makes us less attractive than Chile and Belgium?

UK electricty power

Infographic: As complaints rocket, could the big six energy firms lose their grip on the market?

Wed, 19 Nov 2014| By Harry Cockburn

Complaints against the big six energy suppliers are higher than ever according to energy watchdog Ofgem.

Women celebrating

Women actually earn MORE than men in their 20s and 30s – and other surprising stats about pay

Wed, 19 Nov 2014| By Robyn Vinter

Between the ages of 22 and 39 women on average earn more per hour than men.

Mark Carney hand

Carney: Slash bankers’ salaries for misconduct

Tue, 18 Nov 2014| By Harry Cockburn

The scandal-struck banking sector is going to have to do more to improve its image, Bank of England Governor Mark Carney has warned.

Cambridge University

Higher student fees costing government billions

Tue, 18 Nov 2014| By Harry Cockburn

The current university fees structure has been slammed as “unsustainable” by an independent study into higher education in the UK.

Phones 4 U store

Fines 4U? Collapse of Phones 4U to cost taxpayers £78m

Mon, 17 Nov 2014| By Harry Cockburn

The collapse of high street telephone retailer Phones 4U is set to cost the taxpayer £78m, the firm’s administrators have warned.

David Cameron at party conference

David Cameron warns of “dangerous” instability and uncertainty in the global economy

Mon, 17 Nov 2014| By Robyn Vinter

The global economy is facing “red warning lights”, according to David Cameron.

Paul Mason

Channel 4 economics editor has a massive rant about banks. You won’t be able to help but agreeVideo

Thu, 13 Nov 2014| By Robyn Vinter

Sick of hearing about banking fines? Try being the journalist that reports on them every time.

Money counting unhappy old man

Are wages finally going up?

Wed, 12 Nov 2014| By Robyn Vinter

Brits who are fed up of stretching their wages further every month will be pleased to hear average earnings are finally rising.

Sharks circling

Will new payday lending rules see loan sharks circling?

Tue, 11 Nov 2014| By Harry Cockburn

The introduction of a cap on payday loans could wipe out most of the market, including the likes of Wonga, Quick Quid and Dollar Financial, which between them make up 70% of the payday loans market by turnover.

City Skyline

Where does London rank in a list of the most livable cities? Hint: not very high

Fri, 7 Nov 2014| By Robyn Vinter

London is behind New York, Hong Kong, Tokyo and Berlin in a list of the world’s most livable cities.

Cameron EU council meeting 2013

Leaked: Britain’s £1.7bn EU bill repayment plan

Fri, 7 Nov 2014| By Harry Cockburn

David Cameron’s knickers have been in a thorough twist over the EU’s £1.7bn bill, and they’re about to be twisted further.

Immigration charts index

These five charts might make you rethink your views on immigrationVideo

Wed, 5 Nov 2014| By Sophie Hobson

Wow. A new study shows that EU migrants added some £20bn to the UK economy between 2000 and 2011.

Office workers on holiday

Holiday pay ruling attacked by business groups

Wed, 5 Nov 2014| By Harry Cockburn

A controversial ruling at a tribunal which set a precedent for workers’ holiday pay to be calculated including voluntary overtime has been slammed by business organisations.

Border UK

UK gains £20bn from EU migrants in 10 years

Wed, 5 Nov 2014| By Harry Cockburn

Migrants coming to the UK from the EU are highly valuable to the economy, paying out significantly more in tax to the government than they receive in the form of state welfare.

Help sign

One massive tech problem is damaging London’s growth. Here’s how to fix itVideo

Fri, 31 Oct 2014| By Sophie Hobson

London faces a major problem that hardly anyone is talking about.

Cameron EU at 40

Is the £1.7bn EU top-up bill row overshadowing the government’s even bigger EU bill?

Thu, 30 Oct 2014| By Harry Cockburn

Is the the storm over EU demands for £1.7bn for budget contributions overshadowing a massive surge in UK payments to the EU?

Crossrail 2 - Boris Johnson and Transport for London's preferred route

We might get a Crossrail 2, and this map shows where it could go

Thu, 30 Oct 2014| By Sophie Hobson

London’s population is set to grow by two million people by the early 2030s, to 10 million.

UK border controls

Government migration controls could damage talent flows to UK, says Tory minister

Wed, 29 Oct 2014| By Harry Cockburn

Nick Boles, the Conservative business minister, has become the first among current Tory ministers to argue that government plans to bring down the number of European migrants could deter skilled workers from applying for jobs in the UK.

Girl summit gender equality

Gender equality will take 81 years, and the UK is behind Rwanda and NicaraguaVideo

Tue, 28 Oct 2014| By Sophie Hobson

The UK is only the 26th most gender-equal country in the world, according to a new index.

Money counting unhappy old man

Over five million Brits are in low-paid jobs - more than ever before

Mon, 27 Oct 2014| By Sophie Hobson

One in six UK workers is in a low-paid job – a record number, according to new research from a think tank.

Amazon logo building

Amazon destruction: Online retailer loses almost $500m in biggest ever quarterly loss. Here’s why

Fri, 24 Oct 2014| By Harry Cockburn

Amazon’s net losses reached almost half a billion dollars over the past three months, making it the worst quarterly loss in the company’s history, the retail giant has revealed.

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