Cabins on sale for £135 per night, while non-residents can go on board for a drink
The average UK house price rose to a record high of £305,732 this month, according to the latest figures from Rightmove, but London property values continued to fall.
The average asking price was up 0.4 per cent between March and April for the UK overall, which was a 1.6 per cent increase compared to this time last year.
Read more Average UK house price rose to a record high in first quarter of 2018 Brexit to end London house price boom The 10 UK areas where house prices rose the most in 2017 However, the actual selling price being achieved nationally is 96.7 per cent of the asking price, meaning an average difference of more than £10,000 based on the average price of £305,732.
Meanwhile, sellers in the capital are achieving on average just 95.6 per cent of the asking price, which translates to a difference of more than £27,000 on the new seller average asking price of £628,039 in London.
“Home buyers are seeing average asking prices at their highest ever level with upwards pr..
Negative impact not as severe as it was after last heavy snowfalls in December 2010, economists estimate
Severe bad weather could have reduced UK GDP growth to 0.2 to 0.3 per cent in the first quarter of 2018, according to new research.
Economists at PwC estimated that underlying economic growth had remained steady at 0.4 per cent and that any economic impact from heavy snow and ice should be temporary.
PwC kept its growth forecast for 2018 unchanged at 1.5 per cent and it predicts the economy will bounce back in the second quarter.
Read more UK economy in grip of most feeble recovery on modern record, says IFS Construction output slipped by 1.6 per cent in February and was 3 per cent lower than in the same month a year ago, the Office for National Statistics reported last week. That downward trend is likely to continue into March, according to PwC’s model, which uses data from a number of frequently released indicators. Some parts of the service sector – which makes up the majo..
Why did Wetherspoons really shut down its Facebook, Instagram and Twitter? The possible reasoning behind pubs' bizarre decision
The pubs' announcement was vague – but there are clues in other statements that Wetherspoons has never been keen on social media
US fund is now largest investor in hospitality group which also owns Premier Inn
The owner of Costa Coffee is facing pressure to spin off the high street cafe chain after activist investor Elliott Advisors built up a stake of more than six per cent in the group.
Whitbread’s share price jumped more than 6 per cent on Monday morning following reports over the weekend that Elliott had bought more shares in the company.
Read more Costa Coffee launches ‘Flat Black’ and receives mocking response Elliott’s holding is now worth more than £430m, making it the largest shareholder in Whitbread and giving it various voting rights that will allow the investor to press its case for splitting Costa Coffee from the rest of the business.
Whitbread, which also owns the Premier Inn brand, is also under pressure to spin off Costa from another New York-based investor, Sachem Head, which has a 3.4 per cent stake in the group.
Whitbread, which reports its full-year results next week, declined to ..
Advertising boss said investigation was putting “unnecessary pressure” on the business
Shares in advertising group WPP dropped 5 per cent at the open on Monday, after the departure of chief executive Sir Martin Sorrell over the weekend.
Earlier this month, the group announced Mr Sorrell was under investigation over allegations of personal misconduct regarding company assets, which he rejected “unreservedly”.
Read more The business world needs more bosses like Martin Sorrell Sir Martin Sorrell quits as WPP boss after misconduct allegations WPP boss Sir Martin Sorrell is under investigation On Saturday, Mr Sorrell said he was standing down as the “current disruption” was “putting too much unnecessary pressure on the business”.
Confirming his departure in a statement to the London Stock Exchange, WPP said: “The previously announced investigation into an allegation of misconduct against Sir Martin has concluded. The allegation did not involve amounts that are material.”
Monthly costs rose most for German-made vehicles
The cost of leasing a new car in the UK has gone up 9 per cent in the space of a year due to the weak pound in the wake of the Brexit vote.
Research by accountancy group UHY Hacker Young shows the monthly cost of leasing a car rose from an average of £232 in February 2017 to £253 in the same month this year, based on a basket of some of the most popular car models in the UK.
Read more UK car registrations fall for 12th consecutive month The weakened pound is pushing import costs up for motor manufacturers, UHY said, and those companies are beginning to pass the expense on to consumers.
Prices are also being pushed up by strengthening sales in European markets, the accounting firm said, with less stock making its way to the UK.
The three biggest rises in monthly costs were all for German-made cars: the Mini Cooper D, up 31 per cent; the Audi A3, up 23 per cent; and the Mercedes-Benz C220, up 19 per cent.
This is in contrast ..
JD Wetherspoon to close Twitter, Instagram and Facebook of all its 900 pubs after online abuse of MPs
JD Wetherspoon is closing its Facebook, Twitter and Instagram accounts for all its 900 pubs and head office following the abuse directed at MPs and others.
The pub chain said the move also takes into account recent concerns over the misuse of personal data and the addictive nature of social media.
Tim Martin, the chairman of Wetherspoon, said: “We are going against conventional wisdom that these platforms are a vital component of a successful business.
In a world of social media, J D Wetherspoon has decided to close down all Facebook, Twitter, Instagram and other social media accounts for individual pubs and head office. pic.twitter.com/16BbW7JS3g
— J D Wetherspoon (@jdwtweet) April 16, 2018 “I don't believe that closing these accounts will affect our business whatsoever, and this is the overwhelming view of our pub managers.
“It's becoming increasingly obvious that people spend too much time on Twitter, Instagram and Facebook, and struggle to control the compulsion.
An engineer at the now-bombed-out research facility north of Damascus, which the US claims was the heart of Syria’s chemical weapons program, says the labs were making medicine and testing toys for safety.
Read Full Article at RT.com
After Trump Strikes Syria, Syrians Wonder ‘What’s Next?’ Photo A research center near Damascus that was hit by the American strike on Saturday. Credit Youssef Badawi/EPA, via Shutterstock BEIRUT, Lebanon — The day after the United States and its allies launched missile strikes against the Syrian government, very little had changed for most Syrians who have spent years suffering through their country’s civil war.
In Damascus, hundreds demonstrated in support of President Bashar al-Assad, whose grip remained unchallenged. In Raqqa, which was recently liberated from the Islamic State, teams defused mines the jihadists had strewn across the destroyed city. Thousands of people from Douma, the site of the reported chemical attack that prompted the American strikes, looked for shelter after joining the millions of other Syrians who have been displaced from their homes.
And on the front lines separating hostile parties throughout country, fighting continued as it has for years.
Now that the du..