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London still top of the list to migrate to

30 July 2018

The new research came in the wake of Totaljobs’ Global Talent Survey - reported by in June - in which London was adjudged to be the most desirable city in the world for talent migration in a survey of 400,000 workers across the globe.

“London’s enduring attractiveness to workers shows no signs of slowing down as it remains the top city to live and work in the UK, retaining its position as the business, financial and cultural capital of the UK,” said Totaljobs.

“London was closely followed by Manchester and Edinburgh in terms of attractiveness. While big cities dominate the top...

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21th Annual Dragon Boat Festival

27 July 2018

We are so excited to be taking part in the 21th annual Dragon Boat Festival at Bewl Water on the 8th September 2018.

The 2017 event raised over £107,000 for 50 different charities. More than 1,000 people competed in an amazing display of paddle power, excitement and fun. Since the event began in 1998, over £2.7 million has been raised for more than 400 local, national and international charities.

Crews of 16 paddlers (plus a drummer) race in Chinese-style Dragon Boats over a 250-metre course. Crews do not need to be super fit or skilled to be successful - all that’s...

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Thousands of expat Barclaycard customers will have accounts closed as credit card giant changes T&Cs in all but 11 countries

25 July 2018

Thousands of expats with Barclaycard will see their accounts closed after a change in terms and conditions at the credit card giant, we can reveal.

This is Money reader Mike contacted us after receiving a letter at his home in Florida, US. He has held a Visa card with the firm for 40 years.

In the letter seen by This is Money, it says in bold font at the top: ‘we need to confirm your UK residential address by 6 August 2018’.

It goes on to state: ‘We realise you’ve had a Barclaycard for some time at your current (non-UK) address.

‘As it’s part...

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Facebook to double London offices amid Brexit and ongoing U.K. data investigations

23 July 2018

While the U.K.’s imminent withdrawal from the European Union seems to grow messier by the day, tech giant Facebook is giving the region a vote of confidence by deciding to massively expand its footprint there.

A company spokesperson confirmed to Reuters today that Facebook has acquired new office space in London, effectively doubling its size in the city.

“Today’s news reflects our commitment to the U.K. and our desire to grow our business and the U.K. economy,” Steve Hatch, Facebook’s managing director for Northern Europe, said in a statement to Reuters. Facebook first arrived in London more than a decade ago but...

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Cisco announces $100m commitment to accelerate UK digital innovation

20 July 2018

Cisco today, 19 July 2018, announced a $100m commitment to help accelerate digital innovation in the UK.

As one of the first initiatives to be announced, Cisco and University College London (UCL) will partner to open one of the world’s largest Artificial Intelligence research centres, with a focus on addressing industry challenges and developing AI talent in the UK.

Prime Minister Theresa May said: “The decision by Cisco to make such a significant commitment to digital innovation across the UK is welcome news and is a vote of confidence in our Modern Industrial Strategy.

“I particularly welcome the announcement of the new AI...

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UK jobs data: CIPD says time now for skills investment

18 July 2018

The unemployment rate, defined by the Office for National Statistics as the number of unemployed people as a proportion of all employed and unemployed people, was 4.2%. This measure is down from 4.5% on the same period last year and the joint lowest since 1975.

The number of unemployed people (people not in work but seeking and available to work) declined to 1.41 million – 12,000 fewer than for December 2017 to February 2018 and 84,000 fewer than for a year earlier.

Are UK wages rising or falling?

Headline findings also showed a slight year-on-year increase in real wages.

Growth was 0.4% excluding bonuses,...

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UK proposes visa-free travel for European ICTs

13 July 2018

Visa-free travel for European ICTs is expected to continue under current proposals in the UK government’s Brexit White Paper.

The UK government’s White Paper detailing its proposals for a post-Brexit deal with the European Union has confirmed that free movement for EU27 nationals would end.

UK government’s Brexit blueprint

But the document – hailed by Prime Minister Theresa May as the basis for a “principled and pragmatic Brexit” – said visa-free travel would continue for business visitors, holidaymakers and students, and held out the prospect of free movement for intra-company transfers (ICTs) within Europe.

“The government also says visas could play a part in...

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The most expensive UK towns outside London

10 July 2018

Surrey leads the way, with high-priced properties topping the £1m average London remains the most expensive city in Britain for house buying, but a number of towns and villages outside the capital also boast - or suffer from - extravagant property prices.

Virginia Water in Surrey became the UK’s first “million pound town” a few years ago. Since then, average property prices have exceeded the million-pound mark in a few other places.

Here are some of the most expensive UK towns and villages outside London, according to Zoopla’s latest rich list:

Virginia Water, Surrey (£1,403,740)

With its beautiful red-brick buildings and lavish green spaces, Virginia...

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London rents rise for first time in two years as UK growth slows

05 July 2018

Recent research showed owning property cheaper than renting in all parts of the UK

Rent in London rose for the first time in nearly two years in June, increasing by 0.1 per cent to an average of £1,884 per month, according to the latest Landbay Rental Index.

The figures show overall UK rental growth is continuing to slow down. Rents rose by 0.4 per cent in the first six months of the year, and went up by 0.54 per cent excluding the capital.

Rental growth has been strongest in the East Midlands and the east of England so far this year, with increases...

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Wishing all our American friends and clients a very happy 4th of July 2018

04 July 2018

41.9 Million people will travel at least 50 miles 150 Million hot dogs will be eaten over the holiday weekend $247 Million Chinese fireworks will be purchased $3.6 Million American flags will be imported for the holiday The average American ends up spending around $300 on Fourth of July celebrations. That’s a lot of money for supermarkets, gas stations, big box stores, and most local businesses.

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London is sowing the seeds of future sustainability

02 July 2018

In just over two weeks’ time, we will be hosting a conference at Guildhall focused on a rapidly growing and incredibly promising sector of financial services and investment: green finance.

The second Green Finance Summit will bring together more than 700 delegates from the realms of business, government, and regulation to discuss how green finance can be grown here in London, the world’s most dynamic and international financial centre.

Green finance is already growing rapidly across the world, with green bond issuances up from $87bn in 2016 to $155bn last year, and is expected to reach more than $250bn this year.

Globally more...

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