Following the British Retail Consortium announcement today that the number of empty shops in the British high street hit a record high last month on the back of the depressed economy and changing shopping habits, Christine Elliott, Chief Executive of the Institute for Turnaround (IFT) said:
News
Big business calls for EU case to be made while benefit ghettos are ignored
Big multinational businesses have signed an open letter on the need to ‘promote the cause of EU membership’ claiming that we wouldn’t have it so good outside the Union.
But while they push for a continuation of more of the same they should spare a thought for the millions of people
Young professionals favour south-west London
Wandsworth is Britain’s most popular location for young aspiring urbanites
London’s young professionals pay on average a 32 per cent premium to live in the most desirable locations
Over 50s Despair as Kids Still at Home Aged 27
Around 3 million parents over 50 have adult children living at home
Average age of adult children still living at home is 27 years old
New EU tax would hit millions of pensioners and investors
The EU’s controversial Financial Transactions Tax (FTT) would “hit the pensions and investments of millions of hard working people” and would not exclusively target “so-called City fat cats,” warns the boss of the world’s largest independent financial advisory firm.
Police take DNA samples from children every 10 minutes
Police take a DNA sample from a child every 10 minutes in England and Wales, figures obtained by the Howard League for Penal Reform reveal today (20 May).
New research by the charity has found that officers took swabs from almost 54,000 boys and girls aged 17 or under during 2011.
Mayfest continues for equities but conundrums persist elsewhere
Weekly Comment on the Markets, Politics and Economics by Alastair Winter, Chief Economist at Daniel Stewart & Co.
WEEK AHEAD
Resolution and Furture of Finance – Paul Tucker
Speaking at the 9th World Congress of the International Association of Restructuring, Insolvency and Bankruptcy, Paul Tucker – the Bank’s Deputy Governor for Financial Stability and a member of both the Financial Policy Committee (FPC), the Monetary Policy Committee (MPC)
Rotherham by-election win shows UKIP hitting Labour where it counts
UKIP have taken their first Labour seat with another council win in England following a by election in Rotherham.
The traditional strong Labour seat of Rawmarsh fell to Caven Vines of UKIP, who beat Lisa Marie Wright of the Labour Party, and wife of the local Labour Police and Crime Commission by 104 votes.
Loan books unwind but ‘two-speed Britain’ sees property debt increasingly polarised
Debt held against UK commercial property stood at £197.9bn at the end of 2012, a year-on-year fall of 7.7 per cent, but also revealed continued falls in the value of the worst performing assets, underlining the increasing polarisation in the property market and the wider economy.
Brits think Eurovision is all politics: poll
A poll of Britain and six other European nations reveals Brits are the most cynical about the Eurovision Song Contest
On the eve of the 2013 Eurovision Song Contest, a pan-European YouGov poll reveals that Brits are the most likely to say that some countries suffer unfairly from political voting, and don’t have any real chance of winning Eurovision.
Monetary policy and monetary policy-making – speech by Martin Weale
In a speech delivered at the British-American Business Council Transatlantic Conference, Martin Weale – External Member of the Monetary Policy Committee (MPC) – sets out his thoughts on monetary policy-making in the current circumstances.
