Low levels of buy-to-let activity have sent rents higher in the UK, according to a Hamptons report. The proportion of total purchases made by buy-to-let landlords increased by just one percentage point during the stamp duty holiday — from 11 to 12 per cent — as investors failed to outbid owner-occupiers during the 15-month break. Aneisha Beveridge, head of ...

Civil servants could face deadlines to return to the office as ministers prepare a fresh push this week. Simon Case, the cabinet secretary, has already told Whitehall departments to get as many staff back to their desks as Covid rules allow. As government concern about the pandemic fades, ministers are considering setting targets to end working from home. An ...

The Treasury yesterday accused the business secretary of “making things up” after he said he was in talks with Rishi Sunak about helping businesses struggling with high energy prices. Amid warnings that some factories were days from collapse because the large amounts of energy they consume had become too expensive, Kwasi Kwarteng suggested that he was discussing possible measures ...

According to a survey conducted by PricewaterhouseCoopers about popular investment destinations, Britain has become the fourth more popular country to invest in, behind the United States, China, and Germany. This is according to more than 5,000 CEOs as reported by Reuters. Does this mean that you too should support local companies to take advantage of their growth through the ...

It is a sad reality that the majority of small businesses fail within the first five years. Small and medium-sized businesses might fail for a variety of different reasons. However, you can be pretty confident that if your small or medium-sized enterprise experiences a successful cyber-attack, it will be difficult, if not impossible, to ever recover effectively. A successful ...

What started off as a photo sharing social media platform that allowed videos with a time restraint of only fifteen seconds has now grown to a social media platform that not only produces a huge amount of content but also from stories, to posts to reels to even IGTVs, the content shared daily on Instagram is huge. Studies show ...

Indian edtech unicorn Byju’s continues to ride the crest of a Covid-induced online education wave. It’s raised $300 million in its latest investment round at a time when the firm is seeking to expand internationally through M&A opportunities. Now valued at $18 billion, the investments – led by New York-based Oxshott Capital Partners and  Edelweiss among others – testify ...

The new £5bn digital warfare centre which is capable of launching “offensive” cyber attacks against hostile powers such as Russia, announced this week by Defence Secretary Ben Wallace, is being hailed by industry leaders as a positive step in terms of cyber awareness, boosting the UK’s security economy, and creating thousands of jobs. The new National Cyber Force headquarters ...

NatWest faces a fine of up to £340m after admitting three counts of failing to properly monitor £365m deposited into the account of a Bradford jeweller. It is the first time a financial institution has faced criminal prosecution under anti-money laundering laws in the UK. The Financial Conduct Authority (FCA) said NatWest, which is 55% taxpayer owned after a ...

Inflation is rising faster than expected and will last for longer than anticipated, the Bank of England’s new chief economist has said. Huw Pill told the Commons Treasury select committee that the recent rise in prices would prove to be temporary but the “magnitude and duration of the transient inflation spike is proving greater than expected”. The Bank of ...