High-growth companies thriving outside London

Its 1,000 Companies To Inspire Britain report found firms are expanding at an average of 50 per cent a year, and that 78 per cent of the most rapidly growing firms are based outside the capital.

Scottish companies are fastest growing with 83 per cent annual average revenue growth, according to the analysis. Outside London, Greater Manchester is the top area as home to 36 companies with Leeds and Aberdeen next on 16 each.

Wales and Northern Ireland’s small and medium sized enterprises have grown by 25 since last year, according to the annual report.

http://www.express.co.uk/finance/city/646183/High-growth-companies-thriving-outside-London-business

Pound Drops as London Mayor Boris Johnson Backs ‘Brexit’ From EU

Britain’s pound currency plunged in value against the dollar Monday after mop-haired London Mayor Boris Johnson dramatically defected to the campaign for Britain to leave the European Union.

The high-profile announcement dealt a serious blow to Prime Minister David Cameron ahead of the June 23 referendum that could see Britain vote to exit the trading bloc.

It was followed by a string of similar announcements by other senior ministers in Cameron’s Conservative government, adding to fears that a so-called “Brexit” is now a real risk.

“I think there is genuine worry that Britain might vote to leave and the uncertainty is going to rise into the referendum,” Alvin Tan, a strategist with French bank Societe Generale in London, told Reuters.

http://www.nbcnews.com/news/world/pound-drops-london-mayor-boris-johnson-backs-brexit-eu-n523376

London Is The European King Of Fintech, For Now

An abundance of tech talent, a responsive regulatory environment, and the kudos of being an international hub for financial services, have conspired to make London the fintech startup capital of Europe.

There’s also lots of cash. UK fintech firms secured $5.4 billion of the $49.7 billion of global investment in financial tech between 2010 and 2015, compared with the total $4.4 billion raised across the rest of Europe, according to research from Fintech Week London.

http://www.forbes.com/sites/alisoncoleman/2016/01/31/london-is-the-european-king-of-fintech-for-now/#590bd38eaf43

 

 

MORE THAN 20 BRITISH MUSLIM FAMILIES DENIED ENTRY TO US, CLAIMS LONDON IMAM AJMAL MASROOR

The allegation was made after a British father whose family holiday to Disneyland in the US was cancelled at the last minute by border officials spoke of their “devastation”.

Fitness instructor Mohammad Tariq Mahmood was among 11 members of his family hoping to fly from Gatwick to Los Angeles last week, but said they were taken from the queue to board the plane by a border control officer.

More than 20 British Muslim Families Denied Entry to US, Claims London Imam Ajmal Masroor

US guards with guns to patrol British airports for the first time under controversial new plans being discussed by London and Washington

US guards with guns to patrol British airports for the first time under controversial new plans being discussed by London and Washington

Read more: http://www.dailymail.co.uk/news/article-3367396/US-guards-guns-patrol-British-airports-time-controversial-new-plans-discussed-London-Washington.html#ixzz3v679UvWr
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LONDON POLICE APOLOGIZE FOR SEX BEHAVIOR OF UNDERCOVER COPS

The police apologized Friday for the “totally unacceptable” behavior of a number of undercover officers in the now-disbanded units. The financial terms of the settlement are being kept secret.

London Police Apologize for Sex Behavior of Undercover Cops

87-YEAR-OLD WOMAN PUNCHED IN THE FACE BY TEENAGERS ON LONDON BUS

  This incident happened in Croydon on Friday afternoon, shortly after 3pm.

The victim was travelling on the 166 bus when her assailants boarded without paying their fare.

Following this, they were involved in an argument with the driver, before most of the passengers got off the bus.

http://www.infowars.com/87-year-old-woman-punched-in-the-face-by-teenagers-on-london-bus/

IMF says Iceland repays its remaining $332 million in debt ahead of schedule

The International Monetary Fund says Iceland has repaid all of its remaining obligations — ahead of schedule — as the island nation presses on with its recovery following its economic collapse seven years ago.

The IMF said Friday that Iceland repaid $332 million, ending the rescue program that began in the 2008 financial crisis when the overly-leveraged economy collapsed under the strain of a worldwide credit squeeze.

http://www.usnews.com/news/business/articles/2015/10/09/imf-says-iceland-has-repaid-its-remaining-debt

London on course to become next house price bubble fatality, warns UBS

 Soaring house prices in London have fuelled a “bubble-risk” that has left the capital most in danger of a correction out of all major cities in the world, UBS has warned.

The Swiss bank said foreign demand from investors seeking safe-havens, the Government’s help to buy scheme and “alluring yields” on buy-to-let investments had all “propelled London house prices to new heights” as demand continued to outstrip supply.

http://www.telegraph.co.uk/finance/property/house-prices/11963302/London-on-course-to-become-next-house-price-bubble-fatality-warns-UBS.html

LONDON ON COURSE TO BECOME NEXT HOUSE PRICE BUBBLE FATALITY, WARNS UBS

The Swiss bank said foreign demand from investors seeking safe-havens, the Government’s help to buy scheme and “alluring yields” on buy-to-let investments had all “propelled London house prices to new heights” as demand continued to outstrip supply.

UBS said “caution” was warranted as London now risked a “substantial price correction should the fundamentals for estate investment deteriorate”.

http://www.infowars.com/london-on-course-to-become-next-house-price-bubble-fatality-warns-ubs/