The U.K. government is to introduce a new levy on foreign homebuyers, raising concerns that this could put the brakes on London's property market.» Read More
Brian Clark, Head of Residential Investment at Cordea Savills says foreign investors are betting on London's property market as a safe-haven. Donald Hanna, Managing Director at Fortress Investment Group also joins in the discussion.
New technologies, open platforms, and better governance are helping to create cities that are both environmentally responsible and economically attractive. We are increasingly witnessing the growth of intelligent cities - cities which increasingly deliver services with the aid of so-called smart technologies.
We countdown to the London 2012 Olympics, exploring the economic aspirations for the games.
There is clearly a risk that the UK will head into recession in the final quarter of the year, the Bank of England's Monetary Policy Committee member Ben Broadbent told CNBC Thursday.
UK inflation, currently at 5 percent, is hitting those aged between 45 and 65 known as the baby boomer generation hardest, a new report has found.
It is perfectly obvious that the euro zone cannot run as it is without fiscal union and a surrender of sovereignty, Lord Digby Jones, former director general at the Confederation of British Industry told CNBC Monday.
Occupy London Stock Exchange demonstrators announced on Friday they had “repossessed” a building belonging to Swiss investment bank UBS in Hackney East London.
German frustration over Britain’s approach to the euro zone crisis erupted on Tuesday after a close ally of Angela Merkel accused the UK of selfishness just days before a meeting between the two countries’ leaders in Berlin, the FT reports.
The City of London Corporation - the executive body representing the district in the UK’s capital - has re-launched its legal bid to evict protestors who have been encamped around St Paul’s Cathedral since October 15 after saying that negotiations with the protestors had collapsed.
If we’re not to blame capitalism for the current wave of dissatisfaction, who are we to blame? Selfish prats. They can be found across the political spectrum and in all socio-economic groups. They make poor decisions and screw stuff up for everyone else.
It was supposed to be a “day of rage” as students protested against increases in university tuition fees that are going to triple to as much as 9,000 pounds ($14,360) a year -- and the financial system which they see as responsible for robbing them of their future.
George Osborne is looking at options to cut billions of pounds from next year’s benefits bill by scrapping inflation-linked rises, in a move that could trigger a fierce cabinet clash, according to the FT.
As the euro zone lurches from summit to summit, disgruntled Eurosceptics in the UK are becoming more visible.
The City of London Corporation joined St Paul’s Cathedral on Tuesday in suspending legal action against a group of protestors camped by the side of the cathedral.
The standoff between Occupy London Stock Exchange protestors, the Corporation of London and St Paul's Cathedral took another dramatic turn Monday afternoon as the Dean of St Paul's, the Right Reverend Graeme Knowles, resigned over his handling of the protests.
Protestors who have been camping outside St Paul's Cathedral in London for two weeks vowed on Friday to fight any attempt to evict them as representatives of the City of London approved a legal bid to remove them.
The Canon Chancellor of St. Pauls Cathedral in London announced his resignation on Thursday morning in protest against legal action being taken against protestors camped outside the cathedral by the Corporation of London and church authorities.
House prices across the UK will fall by 5 percent next year, according to estate agents Knight Frank, although prime central London property will remain immune to the downturn as it is buoyed by international buyers.
A third of employees in the UK are unhappy in their jobs, while just over a fifth declare that they "love" they position, a new poll released Tuesday showed.
The market for luxury goods has come back with a bang in the past couple of years, despite volatility elsewhere in the market.