Yorkshire SMEs are set for a collective investment of more than £150 million. This has been revealed in a recent survey by financial firm Together. According to the survey, this is one of the highest amounts in the UK, with only London and the South East with plans to invest more. At the top of…Continue reading
Tag: Brexit
Sheffield First-Time Buyers Youngest in the Country
A recent study has revealed Sheffield to be the most affordable city for first-time buyers (FTB). The average age of those buying their first home in Sheffield is only 23, four years below the national average. Anees Rehman, Residential Conveyancer in our Property Department commented on the findings. “It is heartening to hear the Sheffield…Continue reading
UK Members Unsure of Future in EU Court After Brexit
UK members of the EU Court of Justice face confusion about the future of their jobs with ongoing Brexit uncertainty. It is yet to be decided what will happen to these judges. It’s been expected that they would simply lose their jobs once the UK departs from the EU. But this may actually be unlawful.…Continue reading
British Steel Has Gone Into Liquidation
The UK’s second biggest steelmaker, British Steel, has gone into liquidation after failing to secure a government loan. The impact this will have is massive, with 5,000 jobs of British Steel workers in the balance. Furthermore, another 20,000 jobs in the supply chain are now uncertain too. 3,000 of these employees are based in Scunthorpe,…
Unemployment Figures Fall in UK
Office for National Statistics figures show that unemployment dropped by 27,000 in the three months to February, to 1.34 million. Furthermore, the number of people in work is at a record high of 32.7 million, representing a rise of 179,000. This figure has actually increased by 457,000 over the past year. Matt Hughes, ONS Deputy…
Shocked Freeholders Facing Extra Charges
Yes, the idea of going from renting to owning is great. What’s even more exciting to people is the idea of buying a shiny, new build home and becoming freeholders. However, this is somewhat over-ambitious in many ways. So, unfortunately for leaseholders, the dream of freeholding may be crushed. They own the leasehold property for…Continue reading
Speed Limiters to be Installed in UK Cars
All new cars sold in the UK and Europe from 2022 will have speed limiters installed to automatically prevent drivers exceeding the speed limit. The new vehicle safety rules were provisionally agreed by the EU. The Department for Transport confirmed that the rules will also apply in the UK, despite Brexit. Alongside the speed-limiting devices,…Continue reading
UK Wage Growth is at its Fastest in Nearly a Decade
Latest official data brings us the positive news that wages rose by 3.1% in the three months to August, in comparison with a year ago. Andy Haldane, Bank of England Chief Economist, recently said that he could see signs of a “new dawn” for wage growth. In August, the Bank of England said that it…Continue reading
UK Immigration: Cabinet Agrees on No Preference for EU Workers after Brexit
After a lengthy meeting on Monday 24th September, the cabinet agreed in principle that EU-citizens should face the same immigration rules as people from the rest of the world, once the UK has officially departed from the bloc. This agreement follows a recent recommendation by the independent Migration Advisory Committee (MAC). This recommendation suggests that the…Continue reading
Latest Figures Show UK Exports Rising and Trade Deficit Narrowing
This may give Remainers at least one less reason to think Brexit is all doom and gloom. Brexit is very much a hot topic right now; it has been for a couple of years and will most likely continue this way for decades to come. Let’s talk figures: Figures display an increase of £30.9bn from…Continue reading