Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

Friday newspaper round-up: Reverse commuters, hospitality industry, Google

Fri, 25th Sep 2020 07:32

(Sharecast News) - Norfolk, Wiltshire and Cornwall have emerged as hotspots for properties on sale at £1m or more, as wealthy buyers hunt for larger homes near the sea or in the countryside. Traditionally, more expensive homes have taken far longer to sell than properties in the wider market, but the race for more space and leafier locations as more people work from home in the wake of the Covid-19 pandemic has led to a sales boom in the £1m price bracket, according to the UK's biggest property website, Rightmove. - Guardian



Londoners are increasingly looking for jobs outside the capital as the city's economy stalls, one of the UK's largest recruitment sites has found, raising the prospect of a wave of "reverse commuters" or a continued exodus of residents. Figures from Indeed, based on millions of job adverts and searches, show that on 18 September, the number of posts advertised in London was down by 55% on the same date in 2019. - Guardian

The ravaged hospitality industry faces thousands of job losses and a massive wave of closures after bosses warned that Rishi Sunak's latest rescue scheme will not stop them laying off staff. Pub and restaurant chiefs said they have no option but to go ahead with mass redundancies in the face of draconian measures to control coronavirus, despite the Chancellor's new wage subsidy for part-time workers. - Telegraph

Google is under pressure to crack down on adverts for financial scams online after the City regulator called on the internet giant to "step up to the plate". Charles Randell, chairman of the Financial Conduct Authority, urged the American search engine yesterday to do more to tackle the adverts. He said that more than half of the first page of results generated by a Google search for high-return investments were quite clearly scams, adding: "Whatever Google are doing, so far it's not working." - Telegraph

Telecoms bosses have warned that the government risks missing its ambitious target of delivering "gigabit" broadband speeds to all parts of the UK by 2025. Boris Johnson has put pressure on the industry to accelerate investment in upgrading infrastructure to faster full-fibre broadband networks to boost Britain's digital economy. - Telegraph

More News

LONDON MARKET PRE-OPEN: Greggs ups outlook, pre-virus profit in sight

LONDON MARKET PRE-OPEN: Greggs ups outlook, pre-virus profit in sight

Today 07:43

Centrica says cost savings plan on track despite difficult conditions

By Nina ChestneyLONDON, May 10 (Reuters) - British utility Centrica said on Monday it is on track to achieve cost savings of more than 100 million pounds ($141 million) this year despite difficult trading conditions.In a trading update, Centrica s...

Today 07:41

Minke whale calf refloated in London but 'life hangs in the balance'

LONDON, May 10 (Reuters) - A three-metre minke whale calf was refloated early on Monday after it was found injured and beached on concrete in the River Thames just west of London but the animal's life hangs in the balance as it is so young and so ...

Today 07:36

London pre-open: Stocks seen up as Covid restrictions to ease further

(Sharecast News) - London stocks were expected to rise on Monday, with England set to go ahead with the further easing of coronavirus restrictions on 17 May.

Today 07:35

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.