First-time buyers too are open to changing their plans. At the Treasury Committee hearing in the Commons earlier in the week, Andrew Asaam, homes director at Lloyds Banking Group – the UK’s largest mortgage lender, said: “People are either putting down a larger deposit or buying a smaller property because affordability is tighter.
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Whitbread to cut 6,000 jobs as hotel demand slumps
admin, , Business, 0
Image copyright Whitbread Whitbread, which owns Premier Inn and Beefeater, has warned that 6,000 staff could lose their jobs....
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Workers supplying UK retailers allege exploitation
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The garment industry draws more attention because it’s driven by exports and counts some of the world’s biggest brands...
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House price falls expected into new year, Halifax says
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The drop in prices during September was the sixth consecutive monthly fall, the Halifax said, and meant the cost...
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Petrol supply: Crisis starting to ease, Boris Johnson says
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A request for 150 military tanker drivers to help deliver fuel has been signed off by the defence secretary.
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Ocado sales hit as workers return to the office
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Susannah Streeter, senior markets analyst at Hargreaves Lansdown, said: “For now it does appear that some pandemic habits are...
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This Chinese map app wants to be a super app for everything outdoors
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Amap, for example, is one of the most widely used map and navigation apps in China today. But when...
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Homebuyers’ stress over impact of CTS cyber-attack
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A spokesman for the Information Commissioner’s Office (ICO), which regulates CTS, said: “People have the right to expect that...
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Name all firms receiving furlough cash, say MPs
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This report recognises the quickness of that response, but puts a spotlight on some of the frailties of it...
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