Citibank’s success follows a raft of bumper trading updates from Wall Street. Goldman Sachs more than tripled its profits in the fourth quarter on the back of bumper bond trading after the U.S. election. Its revenue from fixed-income trading was up around 78 per cent.Yesterday, Morgan Stanley posted its biggest fourth-quarter profit since the financial crisis, doubling its profits on the surge in bond trading. The name’s bond: Citigroup fourth quarter results lifted thanks to fixed income division Wednesday 18 January 2017 7:35 pm whatsapp We had a strong finish to 2016, bringing momentum into this year. We drove revenue growth in our businesses and demonstrated strong expense discipline across the firm. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutMisterStoryWoman files for divorce after seeing this photoMisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped Speedinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comPensAndPatronTori Roloff Confirms Devastating News About The FamilyPensAndPatron Share whatsapp Hayley Kirton and Helen Cahill Citigroup has reaped the rewards of the bond market trading boost following the election of Donald Trump, alongside its US rivals such as Goldman Sachs.The bank’s net income for the fourth quarter of 2016 came in at $3.6bn (£2.69bn) as compared to $3.3bn the year before – a rise of nine per cent. Read more: Goldman more than triples profits in fourth quarter Revenues came in at $17bn, down nine per cent from $18.5bn the year before, due to disposals.Revenues in its fixed income division jumped 36 per cent to $3bn, with equity markets revenue climbing 15 per cent; total markets and securities services revenue was boosted by 24 per cent as compared to the same quarter the year before.Citigroup’s share price was down 1.73 per cent at time of writing.Michael Corbat, Citigroup’s chief executive, said: More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks read more

whatsapp Stephanie Flanders, chief UK and European market strategist at JP Morgan Asset Management and chair of the commission, said: “The way the economy and public services are run in the UK has failed.Read more: We need a new devolution deal to protect London’s economy from Brexit risks“We need to empower all levels of government to deliver a more inclusive vision of prosperity across the UK – otherwise there is a real risk that the country will become more divided outside the EU than it ever was within it,” she said.[custom id=”218″]The UK’s productivity has lagged behind peers (source: OECD) Redirect £76bn from former EU budget to fuel inclusive growth says RSA commission whatsapp Councillor Claire Kober, chair of London Councils, said: “I could not agree more with the need to move away from the centralised form of government that currently exists, to a model where our cities and regions are able to direct investment and resources in a way that best fits their local ambitions.”Priorities for a more powerful London government could be tackling housing costs, the report says. Housing accounts for up to 37 per cent of average household income in parts of inner London.Read more: Economists want an industrial strategy – can it solve productivity puzzle?Devolution should be accompanied by higher investments in “social infrastructure” such as skills education, and public health spending. This would have the knock-on effect of boosting productivity and moving workers up the value chain, to more complex jobs that are more resilient to automation.This could also bring political dividends. Despite the fact the UK economy has fared well relative to peers since the financial crisis, productivity has lagged and low-skilled, insecure work has proliferated. Tuesday 7 March 2017 1:00 am The government should reroute billions of pounds that currently goes to the EU budget to support inclusive growth after Brexit, according to a commission set up by businesses, local government and non-profit groups.A new £76bn fund would deliver growth across the whole of the UK, lowering inequality and raising overall productivity, the report by the Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) Inclusive Growth Commission says. Jasper Jolly by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFactableNot Every “Family Ties” Cast Member Lived Happily Ever AfterFactableArticles VallyListing Down The Most Beautiful Women In The WorldArticles VallyPaws ZillaThe Terrifying Reason Why You Should Never Try To Outrun An Aggressive BearPaws ZillacarammelloWhat are the top 10 most expensive cat breeds in the world ? – CarammellocarammelloTravelerDreamsAfter a retired teacher helped out a stranger with no cash, she unsuspectingly asked him if people ever said that he looks like Keith Urban. Then the shopper told her that he was the country singer.TravelerDreamsLawyers BlvdLeonardo DiCaprio Reveals His New Girlfriend & You Will Easily Recognize HerLawyers Blvd33minutosDiscover the importance of the fruit in your beauty33minutosJobs in Germany | Search AdsAre You from United States? Germany Work Visa Options Might Surprise YouJobs in Germany | Search AdsBuzznFun20 Diet Foods That Are Acutally NotBuzznFun In 2014 the UK’s productivity grew by 0.3 per cent, below the G7 average, according to the Organisation for Economic Co-operation and Development (OECD).The slow growth of UK productivity is intimately tied to regional inequality. The Bank of England’s chief economist, Andy Haldane, pointed in January to a “fat tail” of less productive firms dragging on the UK’s total performance. Share The report finds successive governments have targeted headline GDP growth at the expense of broader prosperity. The commission recommends the Office for National Statistics release a new quarterly measure of inclusive growth alongside the heavily scrutinised GDP figures.The move towards inclusive growth should involve more devolution of spending powers and economic policy to local governments, the report finds.Read more: New mayoralties “as important as Brexit” says former Treasury ministerMayoral elections will be held this year in Manchester, Liverpool and the West Midlands. However, the report by the RSA recommends extending this approach further.Such an approach would also have major implications for London, where the mayor already has significant powers over spending in areas such as transport. read more

An influential pressure group is looking to extend its president’s term beyond the usual two years so he can help guide its members through Brexit.Sky News reported the Confederation of British Industry (CBI) has written to its members to inform them it is seeking to change the bye-laws of its Supplemental Royal Charter to allow president Paul Drechsler to serve for three years until the summer of 2018. Hayley Kirton by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHealthyTed Health Magazine10 Surprising Benefits of Bananas You Possibly Didn’t Know AboutHealthyTed Health MagazineAmoMediaMan Leaves Wife For Her Sister, Her Revenge Is BrilliantAmoMediaBotox | Search AdsBotox Treatments Could Be A Dream Come True for SeniorsBotox | Search Adsgeasbest2Reasons Why Cats Follow Us to The Bathroomgeasbest2DID U KNOW ReviewsScottsdale: Dealers Are Selling Unsold SUVs From 2020 For Prices You Might Not BelieveDID U KNOW ReviewsMiaw StoreSome acts from your cat may be a sign for alarm. Get to know it nowMiaw StoreHabit TribeCouple Makes A Bet: No Eating Out, No Alcohol, No Cheat Meals. A Year…Habit TribeHyaluronic Acid ProductsHyaluronic acid is dealt as the silver bullet for anti-aging. No wonder, hyaluronic acid is a legendary active ingredient with multiple uses within the body.Hyaluronic Acid Productswholenewsnow7 tips that will make you look tallerwholenewsnow Share The change will require the approval of CBI members at an extraordinary general meeting and would then have to be ratified by the Privy Council.Insiders also told Sky News the move is expected to be formally announced tomorrow. whatsapp Thursday 9 March 2017 10:23 pm Leading lobby group, the CBI, seeks to extend president’s stay to help see its members through Brexit More From Our Partners Connecticut man dies after crashing Harley into live bearnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little whatsapp read more

The euro fell sharply today against the US dollar as new data cast doubt on the narrative of an uptick in economic activity in the European Union.The euro fell to lows of $1.0728 against the dollar after having reached highs of $1.078 earlier this morning. whatsapp Claus Vistesen, chief Eurozone economist at Pantheon Macroeconomics, said: “This setback makes it difficult for us to come up with an upbeat forecast for the first quarter as a whole.”Read more: Draghi says Eurozone should make it easier for companies to failHe added: “Survey data suggest that construction in the Eurozone is turning up, though, so we’re confident that the hit in January is a temporary blip.”Meanwhile the currency bloc’s recorded a trade deficit for the first time since January 2014, as the Eurozone imported €0.6bn (£0.5bn) more than it exported, according to the European Commission.Imports rose by 17 per cent year-on-year to reach €164.5bn (£121.6bn), with a massive increase in chemicals driving up the volume of manufactured goods. Friday 17 March 2017 2:16 pm Jasper Jolly Construction in the Eurozone dipped markedly in January, falling by 2.3 per cent compared with the month before, according to the European Commission. The year-on-year decline was even greater, at 6.2 per cent.Read more: How to navigate the politically choppy waters of Europe as an investorOutput in the construction sector had already contracted by 0.6 per cent in December.Weaker construction output could weigh on growth prospects at a time the European Central Bank (ECB) has said its confidence in the economic conditions is growing.The two-month dip in construction output contradicts survey evidence, with IHS Markit’s purchasing managers’ index indicating expansion in the sector over the past four months. Share The Eurozone’s trade balance has been politicised in recent months, with US President Donald Trump’s administration saying Germany, the largest European economy, was exploiting the US with an undervalued euro which boosted their exports.Read more: Draghi: Brexit has had no significant economic impact Euro falls against the US dollar after construction fall hints at weakness in recovery whatsapp read more

Monday 2 July 2018 11:25 am Share Eurosceptic backbencher Jacob Rees-Mogg has delivered another ultimatum to Theresa May, warning of outright rebellion among his colleagues unless the Prime Minister delivers the Brexit she promised from the outset.The arch Brexiter and leader of the European Research Group has warned that Conservative MPs would vote against the final withdrawal agreement if the UK does not make a clean break from the EU. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likeyourstip.comThis 96 Year Old Lady Is Selling Her House That Looks Unbelievable From The Inside!yourstip.comUndoInteresticleThe One WD40 Trick Everyone Should Know AboutInteresticleUndoGadgetheoryKim Basinger And Alec Baldwin’s Hefty Divorce Settlement Is Out In The OpenGadgetheoryUndocarammelloWhat are the top 10 most expensive cat breeds in the world ? – CarammellocarammelloUndoApartments for Sale | Search AdsThe Cost of Apartments for Sale in Dubai Might Totally Surprise YouApartments for Sale | Search AdsUndoaHow to Spot the Narcissists in Your LifeaUndoMedicare Observer 2Monica Lewinsky Turns 47, Check Out Her Net WorthMedicare Observer 2UndoLuxuryLevels.comBest Supercars of the WorldLuxuryLevels.comUndoweniixTop 5 Best Affordable Sports Cars 2021 – WENIIXweniixUndo Catherine Neilan He added: “Any attempt by the EU to impose its laws and court on the UK, either directly or indirectly, must be rejected.“Any EU agreement that restricts the country’s ability to make trade agreements with other states, restricts our ability to control our migration policy makes us pay to trade or interferes with our fishing waters could not be accepted.“Indeed MPs would vote against such propositions in Parliament.”But Rees-Mogg has been slapped down by not one but two ministers. Alistair Burt and Sir Alan Duncan, both Foreign Office ministers, have publicly criticised the MP.Burt tweeted: “Enough. Just tired of this endless threat and counter threat. Why don’t we want the best for the U.K. than for our own ideological cliques? And there are others in this negotiation as far as I’m aware?” In article for The Telegraph, he wrote: “The Prime Minister must stick to her righteous cause and deliver what she has said she would, she must use her undoubted grace to persevere.”As previously revealed by City A.M., the Prime Minister is preparing for a “third way” option on the customs union, which would build heavily on the max fac option that has emerged as the stronger contender than the alternative new customs partnership.This is likely to result in “the softest of hard Brexits”, sources suggest.But Rees-Mogg has warned against any betrayal of the negotiation red lines May had previously set out, branding the new customs partnership “idiotic”.Read more: It’s time to consider extending the Brexit transition period Duncan added: “Rees-Mogg’s insolence @Telegraph in lecturing & threatening PM is just too much. Risks debasing govt, party, country & himself. PM must be given maximum latitude & backing. The ideological right are a minority despite their noise & should pipe down. #totalsupportforMay&UK”Separately Olly Robbins – May’s key Brexit negotiator – has been warning ministers ahead of the Chequers summit not to expect a bespoke deal. During a Cabinet briefing, Robbins suggested a Norway-style system was the most likely outcome.The standoff comes after 36 Tory MPs called on the Prime Minister to “get tough” with the European Union in an open letter.The group, led by Andrea Jenkyns – who quit the Government in May, wrote: “We must not remain entangled with the EU’s institutions if this restricts our ability to exercise our sovereignty as an independent nation.”Anything less will be a weakening of our democracy. Britain must stand firm.” whatsapp whatsapp Deliver Brexit as promised or risk revolt, Eurosceptic backbencher Jacob Rees-Mogg warns read more

One of the co-founders of Hargreaves Lansdown and a major supporter of the Leave campaign has slammed the government’s handling of negotiations, saying there “isn’t one person on our Brexit team who has a clue”.In an explosive interview with Bloomberg, Peter Hargreaves railed against Theresa May and ministers for failing to involve business in the talks, instead relying on civil servants “and not one of them has done anything of any worth in their lives”. Hargreaves said: “There isn’t one person on our Brexit team that has a clue. None of them are brave. None of them have done a deal. None of them know the art of the deal. And the amazing thing is they’ve never ever asked any of the people that really are great businessmen.”Read more: Brexit: City vents at EU’s failure to reciprocate on no deal regimeHe argued that the people in charge “don’t want Brexit”, noting that May had herself campaigned for REmain.”We should have a team that want Brexit and want us out of the EU,” he added, claiming the best option would be a no deal because “no deal would give us free trade with Europe because the three biggest economies in Europe, outside Britain, are huge exporters to the UK”That’s Germany, France and Italy. And those three economies would absolutely demand free trade from the EU. I guarantee my entire wealth that we would get free trade.” whatsapp Catherine Neilan whatsapp In the same interview, Hargreaves said a Corbyn government would be “a great tonic to this country” because “a dose of Corbyn would tell everybody that socialism’s bad”.”It would be unbelievably bad for this country during the period he was in but it would make people see sense and see that socialism is not a good way forward,” he said.Read more: Exclusive: Tory members plot Brexit rebellion at party conference Tuesday 7 August 2018 3:20 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen Heraldinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.commoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comTotal PastThis Woman’s Obituary Was So Harsh, Her Son Was Left ReelingTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveBetterBe20 Stunning Female AthletesBetterBe Peter Hargreaves: Government hasn’t got ‘a clue’ on Brexit Share read more

first_img City Hall has come under fire for agreeing to underwrite half of the stamp duty that could be levied on the BBC when it opens new studios in the £1.1bn Olympic Park development.Last summer the broadcaster announced it would build a brand new set of studios at the east London site by 2022/23, in concert with the London Legacy Development Corporation (LLDC), a body that is accountable to the mayor of London and is tasked with developing the new business and residential hub of the Queen Elizabeth Olympic Park. More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comMan on bail for murder arrested after pet tiger escapes Houston Share City Hall and BBC under fire over stamp duty agreement for new Olympic Park studios Tuesday 29 January 2019 4:50 pm However, HM Revenue & Customs (HMRC) has not yet decided whether it will impose stamp duty on the new studios. In order to secure the BBC’s move to the area, London mayor Sadiq Khan granted the LLDC permission to underwrite a “a maximum of 50 per cent” of the BBC’s stamp duty, “should it become due”.The stamp duty agreement comes on top of an £11m grant the Greater London Authority will supply to the LLDC towards the capital costs of the BBC building.John O’Connell, chief executive of the TaxPayers’ Alliance, said the agreement signified “one rule for them and another for the rest of us”.”If ordinary taxpayers and businesses across the country are paying huge amounts of stamp duty, then why can’t the BBC suffer from it like the rest of us? Any money Sadiq gives to the BBC is taxpayers money, which could be going towards local police budgets instead.”Chair of the London Assembly’s transport committee Caroline Pidgeon said: “We should be able to attract firms and organisations from around the world to locate to this wonderful location, without huge taxpayer subsidies being necessary. To be offering such huge subsidies to the publicly funded BBC shows that the Olympic Park is not reaching its full potential.”center_img However, leader of the Conservatives in the London Assembly Gareth Bacon defended the decision.”I think the BBC gets enough taxpayers money and take a dim view of them getting any more,” he said. “However, the presence of the BBC is critical to the regeneration of a major phase of the Queen Elizabeth Olympic Park. The government have effectively demanded it and their funding offer is contingent on it, so without securing the BBC the whole project could be at risk. In that light, the offset to underwrite half of the cost becomes more defensible.”A spokesperson for the mayor said: “East Bank is the most ambitious project of its kind for decades, placing culture and education at the heart of the Olympic legacy. It will create 2,500 jobs, deliver £1.5bn of economic benefit and 600 new homes.“Professional tax advisors have advised the mayor that stamp duty will not be payable on this building. A fair arrangement has been negotiated with the BBC, in case this proves not to be the case, so that this scheme can progress on schedule.”A BBC spokesperson said: “We have nothing further to add.”HMRC said it did not comment on identifiable taxpayers. Tags: BBC People Sadiq Khan Tax whatsapp whatsapp Alexandra Rogers last_img read more

first_imgGreen has not been tried in a court of law and we do not know that any of his behaviour constitutes a crime. But simply not breaking the law is too low a bar in today’s business world. With greater scrutiny on corporate governance and the role of business in society, the culture of bullying and harassment that is still being alleged at Arcadia is unacceptable.Any executives or directors who believe that they can hide behind injunctions won by expensive lawyers should think again. whatsapp Rachel Cunliffe More From Our Partners Bill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years The scandal surrounding Sir Philip Green, the retail tycoon behind high street chains such as Topshop, Miss Selfridge and the now-liquidated BHS, just keeps playing.Since last August, when the Daily Telegraph was first barred by a legal injunction from reporting allegations of misconduct against Green, fresh accusations have continued to surface, from sexual harassment to racial abuse. Share Tuesday 26 February 2019 8:30 am whatsapp Yesterday, news broke that Baroness Karren Brady had stepped down from her role as chair of Taveta Investments, the holding company of Green’s retail empire. A successful businesswoman known for her leading role in football and made famous across the UK by her involvement in the TV show The Apprentice, her departure has once again propelled the story of Green’s behaviour onto the front pages.Brady will likely be hoping that her resignation prevents her from being tarred with Green’s brush, but she had already faced criticism over the past few weeks for taking so long to jump ship. Earlier this month, when Green’s injunction against the Telegraph was dropped, she came under pressure to distance herself.The Labour MP Jess Phillips wrote an op-ed asking why the business baroness, who has spoken out boldly against Harvey Weinstein and allied herself with the #MeToo movement, had seemingly overlooked the scandal in her own backyard.Phillips questioned what Brady, as chair of its parent company, had done to confront the toxic culture at Arcadia and help support victims coming forward, who were convinced to sign NDAs preventing them from speaking out. With her profile, she was one of few able to challenge Green, and her resignation in protest at his treatment of staff would have counted for a lot.At the time, Brady said that she had a “sense of duty” to Arcadia employees to remain. And one could argue that it is unfair to expect a woman to resign over a man’s mistakes. But whatever you think about her hesitance or her decision this week, it is clear that high-profile revelations of this kind have consequences for business leaders. Karren Brady’s resignation is a warning to unscrupulous leaders like Philip Green Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndoLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndoPost FunRare Photos Show Us Who Meghan Markle Really IsPost FunUndoSee What Full Mouth Dental Implants May Cost You | Sponsored ListingsSee what full mouth dental implants may cost youSee What Full Mouth Dental Implants May Cost You | Sponsored ListingsUndo Tags: Trading Archivelast_img read more

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthDental Implant Special Offer | Search AdsSee what full mouth dental implants may cost you in ScottsdaleDental Implant Special Offer | Search AdsParenting FactorLily From The AT&T Ads Is Causing A Stir For One ReasonParenting FactorPost FunRare Photos Show Us Who Meghan Markle Really IsPost FunInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteabley whatsapp Saturday 9 March 2019 11:46 am Tags: Jeremy Corbyn People Michael Searles Holloway prison in north London has been sold to housing association Peabody in a £81.5m deal and will now have more than 1,000 homes built on the site. The former women’s jail occupies a 10-acre site and previously held murderers Myra Hindley and Rose West.  Read more: Countrywide losses deepen amid housing market slowdownPeabody has confirmed that 600 of the homes built will be “genuinely affordable”, while the site will also include a women’s centre, shops, green spaces and play areas.The housing association has received a £41.6m loan from City Hall for the deal with the Ministry of Justice and the new properties will be built in partnership with housebuilder London SquareLabour leader Jeremy Corbyn, whose constituency the prison is based within, said the deal was good for the local community.”For too long private developers had free rein to buy up public land and build properties that are completely unaffordable for the local community,” Corbyn tweeted. whatsapp “But under a Labour Mayor and Labour council, the former Holloway Prison site will include 600 social and genuinely affordable homes.”Prisons Minister Rory Stewart was also pleased with the deal, which is part of a process to replace old prisons with new institutes better equipped to deal with prisoners and reduce reoffending.”The sale of Holloway will help drive forward our commitment to replace ageing prisons with modern, purpose-built establishments,” he said.Read more: UK house prices: Experts cast doubt on ‘volatile’ price hike”I am determined to see this money reinvested to improve rehabilitation and ultimately reduce reoffending.”We have worked closely with the local authority and others to ensure the amount of affordable housing on the site meets local needs, and I am pleased we have achieved this aim while giving good value to taxpayers.” Share More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale Holloway prison to be turned into 1,000 homes after £81.5m deal with housing association Peabody last_img read more

first_img whatsapp Tory mayoral hopeful Shaun Bailey pledges ‘aggressive’ action against absentee landlords Thursday 28 March 2019 12:01 am Councils are currently able to increase council tax on empty homes by up to 50 per cent, on top of the standard charge. In April, this will increase to 100 per cent. However, these increase will only hit unfurnished properties. Bailey has said the same penalty should apply to furnished homes that are sitting empty. Read more: Shaun Bailey to stand in London Assembly elections despite mayoral bidBailey told City A.M: “While London must always remain open to people who want to make it their home, it must not come at the expense of homes for ordinary Londoners. We need to be more aggressive in holding absentee landlords to account so that properties that aren’t in use are put to the service of everyday Londoners.”“By increasing the financial penalty on absentee landlords and helping the councils issue the appropriate enforcement orders we can increase the supply of housing in London and push down the current unacceptable level of overcrowding.” Tags: People Sadiq Khan Tax Alexandra Rogers whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OraclePost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldMisterStoryWoman files for divorce after seeing this photoMisterStoryHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily Funny A review by housing charity Shelter earlier this year found that half of young people in the country have no chance of ever buying a home, while private renters on lower incomes spend an average of 67 per cent of their earnings on rent.Vacant “ghost homes” are those that have been left vacant for more than two years. There are currently over 20,000 ghost homes in London, worth an estimated £13bn.Read more: Tory mayoral pick Shaun Bailey vows to cut costs at City HallResearch carried out for the incumbent mayor, Sadiq Khan, in 2017 found that foreign investors have snapped up a third of all new build in hotspot locations. Bailey said he will also devolve the annual tax on company-owned dwellings to councils to set what he calls an “ever increasing and purposely burdensome tax to force their hand”. Share Tory mayoral hopeful Shaun Bailey has said he will crack down on London’s empty “ghost homes” if he replaces Sadiq Khan as the capital’s mayor.Bailey has pledged to give more money to councils to levy empty dwelling management orders, which give them legal powers to take over unoccupied properties to use as housing.last_img read more