A leading banking expert has warned that ‘Bad Bank’ – the term coined for the specialist units within banks where businesses showing signs of financial distress are transferred – is likely to make a return to the UK’s business banking sector in the coming months.
The UK’s history of immigration means that the country is home to a diverse and multicultural population. In 2018 about 13.8% of the UK population was from a minority ethnic background with London having 40% of its population from the Black, Asian & Minority Ethnic
Basic rate tax payers will be caught by Higher Income Child Benefit Charges from April warns leading tax and advisory firm, Blick Rothenberg. Robert Salter, a tax service director at the firm said: This is because the HICBC is presently due to apply on earnings
Last week, Milan became the first nation to ban smoking within 30ft distance of other people at bus and tram stops, as well as in parks and green spaces, sporting venues, children’s play areas and even cemeteries. However, it’s not just Milan where the air
Liberal Democrat candidate for Mayor of London Luisa Porritt has called on the Government to make apprenticeships work for London, after a survey of business revealed low-take up in the capital. The London Business 1000 survey, by London Chamber of Commerce and Industry (LCCI) and London
An annual study by CIA Landlord has uncovered the true impact the Covid-19 pandemic has had on the UK housing market, identifying that the majority of London boroughs are unprofitable. The research revealed that London’s profitability for landlords has decreased by 48% overall since January 2020. Rising
The ten winners of Next Big Thing have been announced, along with the winner of the ‘People’s Choice’ in which 40,000 votes were cast. Over 300 entries in Portraiture, Photography, Street Art, Sculpture, and Landscape were submitted by extraordinary and inspiring young Londoners. The winning
More than 2.8m people were in contact with secondary mental health services in England in 2019-20, according to new figures published by NHS Digital. Data published in the Mental Health Bulletin: 2019-20 Annual Report show that the number of people people reported to be in
The Spanish property experts at CostaLuz Lawyers have reached out to owners of ‘illegal’ properties in Spain to reassure them that all is not lost. The team has highlighted the potential for owners of these properties to make a claim against their developer’s bank for
New research from freelance marketplace PeoplePerHour suggests that up to two-thirds of the UK’s 1.6 million freelancers* have been unable to claim financial support during the Covid pandemic. Of those surveyed, 65% said they did not qualify for the Government’s Self-Employment Income Support Scheme (SEISS).