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Alice Haine

Alice Haine

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Articles

UK lenders approved 87,700 home loans in February, down by almost 10,000 on January. Bloomberg
UK mortgage approvals at highest level since March 2016

Consumers repaid £1.2bn of personal debt last month with spending opportunities limited

BankingMarch 29, 2021
The flat white economy is a nod to digital and creative start-ups that save on property costs by working out of coffee shops. Getty Images
Britain’s 'flat white economy' now 28% bigger than country's manufacturing sector

Digital and creative businesses could potentially be largest contributor to UK GDP

TechnologyMarch 28, 2021
The Bank of England said on Friday that Britain’s banks have very high levels of capital that would allow them to “absorb very big losses while continuing to lend”. Bloomberg
Bank of England urges banks to keep lending to businesses

UK lenders must ensure firms have enough credit to survive the crisis

BankingMarch 26, 2021
A pedestrian walks past closed shops on a quiet Oxford Street in central London. With non-essential stores shut in February, online sales surged to a record high of 36.1 per cent of total retail sales. AFP
Britain’s retail sales bounce back in February with 2.1% rise

Shops record £27bn in lost sales during pandemic lockdowns

EconomyMarch 26, 2021
An empty street in the City of London. UK finance minister Rishi Sunak commissioned Jonathan Hill's listings review as the government looks to overhaul the London Stock Exchange in a post-Brexit shake-up. AFP
Brexit offers Britain opportunity to move faster than EU on financial services regulation

Jonathan Hill says the UK can act ‘more nimbly' to ensure it remains an ‘attractive place to do business’

MarketsMarch 25, 2021
epa09089905 The City of London in London, Britain, 22 March 2021. Lockdown restrictions due to the Coronavirus pandemic has cost the UK economy a whopping 270bn euros, according to data from the Centre of Economics and Business Research (CEBR). London has been mostly severely hit, losing over 55bn euros. March 23 marks one years since lockdown restrictions began across Britain. EPA/ANDY RAIN
Startling numbers expose true cost of UK’s lockdowns

Britain has seen its borrowing swell, economic output contract and house prices surge since the start of the crisis

EconomyMarch 25, 2021
European Central Bank president Christine Lagarde said innovation comes with a trade-off, with questions around how to manage the transition to new technologies to ensure they do not become a burden on the environment. Reuters
Christine Lagarde: Central banks cannot get ‘a pass’ on climate change

Report finds green policy options come with costly drawbacks

BankingMarch 25, 2021
An employee wearing a protective face mask and gloves hands a customer a John Lewis shopping bag in London, UK. About 67,000 retail jobs were lost between December 2019 and December 2020, with men losing 11,000 of those jobs and women 56,000. Getty Images
Dearth of women on boards of British retailers exposed

New diversity and inclusion charter aims to improve recruitment practices

EconomyMarch 25, 2021
A view of Guildford High Street in Surrey, England. The widespread drop in demand for clothes, partly caused by the closure of non-essential shops during the lockdown, left clothing prices 5.7 per cent lower than 12 months earlier. Reuters
Britain’s inflation rate unexpectedly falls to 0.4% in February

Clothing, shoes and second-hand car prices drop as lockdown keeps non-essential retailers closed

EconomyMarch 24, 2021
Properties in the town of St Ives in Cornwall, England. In parts of the country with a higher proportion of holiday lets, councils and local MPs have campaigned for years to ensure second home owners pay appropriate tax rates. Getty Images
UAE owners of British rental properties may face higher tax bills

Government clamps down on loophole to stop owners posing as holiday letting companies

PropertyMarch 23, 2021
The City of London financial district can be seen as people walk along the south side of the River Thames. During the three months from November to January, about 1.7 million people were unemployed – 360,000 more than the same period a year earlier. Reuters
Britain’s unemployment rate unexpectedly falls to 5% in January

Young people hardest hit by job losses during latest lockdown

EconomyMarch 23, 2021
The Financial Conduct Authority urged young investors to evaluate whether an investment is safe. Reuters
Risky behaviour rapped as Gen FinTok gets caught up in investment mania

UK watchdog sounds alarm over new investors taking financial tips from social media

MoneyMarch 23, 2021
Polymateria's revolutionary technology means any products used at the Extreme E race in Saudi Arabia can either be recycled or will biodegrade naturally if they are accidentally discarded in the desert. Courtesy Extreme E
Disintegrate after use: Polymateria offers cupful of green hospitality at Saudi Extreme E race

Cups and packaging that decompose within a year will be the driving force at electric car event

TechnologyMarch 22, 2021
People past closed shops in England. A year ago this week, workplaces, shops and businesses across the country shut their doors to help curb the spread of Covid-19. Reuters
Year of Covid lockdowns costs the UK economy £251bn

London suffers biggest hit with £51.4bn of lost activity caused by the pandemic

EconomyMarch 22, 2021
Deliveroo's chief executive Will Shu says he is 'proud' to be listing the company in London, where it was first set up. Courtesy Deliveroo
Deliveroo seeks £8.8bn valuation at London float

British food delivery start-up will sell its shares at between £3.90 and £4.60

MarketsMarch 22, 2021
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