Chris Fletcher

60 Flips | 2 Magazines | 4 Following | @fletcherchris | Keep up with Chris Fletcher on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Chris Fletcher”

'Build new homes on brownfield land'

There is enough brownfield land in Britain to build 200,000 new homes, Communities Secretary Eric Pickles says<p>We’ve always been a green and pleasant land: and we must stay that way, preserving the best of our countryside and other green spaces. But we’ve also been facing a serious housing shortage …

Local economic growth spending targets face significant challenge

The Public Accounts Committee publishes its report into promoting economic growth locally<p>Report: Promoting economic growth locally<br>• Report: Promoting …

Fracking to deliver tens of billions to UK supply chain

Firms must start equipping themselves to ensure they capitalise on the potential for tens of thousands of jobs the industry could create, according to a major report<p>Britain's shale gas and oil industry could create tens of billions of pounds worth of opportunities in the supply chain, a major …

Week ahead in business and economics: April 7-11

Corporate focuse will be on clothing sales at M&S, while in economics we have a BoE rate decision and the IMF's Spring meeting<p><b>Week ahead in economics</b><p>The Bank of England has taken the unusual step of reducing this week’s monetary policy committee meeting to one day this Wednesday, so that certain …

Energy bills could fall by 7pc if Government cuts green tax

Leading members of the “Big Six” energy companies promise to cut prices if Government scraps or delays green tax scheme<p>Britain's energy giants are to offer to cut bills by up to 7pc if the Government agrees to remove the cost of multi-billion-pound green schemes.<p>In a move which could seize the …

Mid-sized firms 'driving UK growth’

Medium-sized companies generate lion's share of growth for UK economy, but lack real support from the Government, new research shows<p>Britain's mid-sized firms grew 5pc over the past five years, outperforming both small companies and large corporations, a report by Grant Thornton has found.<p>Ahead of …

Miliband pledges tax breaks for firms paying employees a "living wage"

Ed Miliband today pledged to give a tax break worth up to £1,000 per employee to firms that pay their staff the “living wage”.<p>The tax break would be …

Week ahead in business and economics: November 4 - 8

G4S All eyes on Almanza to secure investors’ faith after failures<p>Embattled security group G4S will try to turn a corner in its shareholders’ eyes as it holds a strategy update tomorrow.<p>The pressure is on for new chief executive Ashley Almanza to restore faith in the company after the debacle of its …

Investing

Britain must stay in EU, says business lobby group

Britain's business lobby group will set out its "unequivocal" support for Britain staying in the European Union on Monday, claiming that membership brings each household some £3,000 a year.<p>The CBI said a poll of members around the country showed the vast majority wanted to remain part of the EU, …

More than 5 million people in the UK are paid less than the living wage

The number of people who are paid less than a "living wage" has leapt by more than 400,000 in a year to over 5.2 million, amid mounting evidence that the economic recovery is failing to help millions of working families.<p>A report for the international tax and auditing firm KPMG also shows that …

10 Little-Known Apps That Entrepreneurs Can’t Live Without

Everybody knows Evernote and Dropbox. Here’s a sneak peek at the next wave of productivity apps that top entrepreneurs like Tim Ferriss, Seth Godin, and Guy Kawasaki are working with daily.<p>Recently something terribly obvious–yet powerful–occurred to me: If you want to achieve things that no one …

Special report: The high street of the future is like nothing we know

The sign on Superdrug's Kensington High Street shop is illustrative. "Sorry we have closed. But you can find us in Westfield, White City." A few …

City Politics

Half of high street retailers in danger of closing down

Half of all high street chains in Britain are at “serious risk of failure” a major report on the future of British retailing will claim this week.<p>Bill Grimsey, the former chief executive of Wickes and Iceland, will release the report on Wednesday and say that Britain’s high streets are in a “deep …

Rise in US growth rate fans expectations of end to QE

The US economy is growing much faster than thought, official figures showed, as the rate was revised up from 1.7pc to 2.5pc for the second quarter of this year.<p>The latest figure represented a more than doubling of the 1.1pc rate recorded for January to March, as surging exports – climbing at their …

Nationwide delays small business lending plans until 2016

Plans to boost credit to small businesses have been dealt a blow after a major lender delayed its launch into the sector until 2016.<p>Nationwide, the UK's biggest building society, has put on hold plans to lend to small and medium-sized enterprises (SMEs) as regulators force it to hold more capital …

U.S. will hit debt limit in mid-October, Treasury secretary Lew says

WASHINGTON -- The U.S. will run out of borrowing authority under the nation's $16.7-trillion debt limit in mid-October, Treasury Secretary<p>Jacob J. Lewformally toldCongresson Monday as he implored lawmakers to act soon to avoid a government default.<p>Lew had last updated Congress on the debt limit in …

China will soon have 40% more coal than the combined weight of the human population

Years of excessive investment are catching up with China, and the latest example is coal. Its reserves now contain 220 million tons (200 million tonnes) of coal, as the Hao Hao Report notes. That puts China on track to have as much as 440 million tons by the end of 2013, according to the China …

Going underground on Crossrail: A 40-year project is taking shape

Nathalie Thomas goes under ground at Canary Wharf in London to see how Crossrail, the biggest infrastructure project in Europe, is progressing.<p>Six flights of stairs below a muddy construction yard next to the Billingsgate fish market in East London, a gang of 20 miners, their faces smeared with …

Co-op bosses under pressure to show bail-out is on course

Leaders of the Co-operative Group will this week attempt to head off suggestions that the financial crisis facing the 8m strong mutual group is even worse than forecast.<p>The group announced a £1.5bn capital raising programme to cover the bail-out of its banking arm just two months ago. Further …

Railways 'in black' for first time in two decades

Operators pay the state more than they receive in subsidies, say Atoc figures.<p>Britain's railways are back in the black for the first time since privatisation was set in motion 20 years ago, figures show.<p>Train companies collectively pay more to the Government than they receive in subsidies to …

Recovery too late for scores of estate agents

The housing market recovery has come "too late" for many estate agents, according to accountants, as new figures showed insolvencies have risen 57pc in the year to the end of June.<p>A total of 77 estate agents went bust in the period, up from 49 the previous year, said accountancy firm Wilkins …

Handelsbanken is championing an old way of doing new UK business

Svenska Handelsbanken is not just a bank. To its admirers it is an entirely different way of doing business.<p>Talk to anyone who has spent time looking at what makes it tick and they will speak of its operating model with a quasi- mystical fervour.<p>To say the bank is different is an understatement. …

Carney set to bolster forward guidance drive

Mark Carney is expected next week to try to force markets into line with the Bank of England’s guidance that interest rates will be on hold for three more years.<p>In his first speech as Governor, to be given in Nottingham on Wednesday, he will reinforce the Bank’s landmark “forward guidance” pledge …

Jo Swinson to name and shame rogue employers who fail to pay minimum wage

Jo Swinson was featured widely in the media yesterday talking about her plan to tackle employers who fail to pay the National Minimum Wage.<p>The BIS …

Tories accused of political fix for Boris Johnson as London is protected from extra cuts

Furious local government leaders are accusing ministers of a crude political fix to help London mayor Boris Johnson, after establishing that almost every council in the country faces cuts in 2015-16 well above the previously announced 10% – but the Greater London Authority will suffer none.<p>Analysis …

Feel good factor lifts consumer confidence to three-year high

Britain's improving economy and the summer of sporting success have sent consumer confidence to its highest level for three years.<p>A new report today claims the proportion of shoppers who agree the economic situation in the country has improved has more than doubled to 21pc in the past three …

Price of farmland trebles in decade and 'set for £10k an acre'

The price of UK farmland has trebled in less than a decade to hit a record high, according to a new survey, as researchers predicted the average price of an acre could soon hit £10,000.<p>Interest from farmers and investors buying to rent land to farmers pushed the cost of farmland to £7,440 an acre …

Wolfgang Schaeuble: third Greek package will be 'much smaller'

Wolfgang Schaeuble has repeated his warning that Greece will need a third bail-out, but said that any fresh rescue would not involve a second debt writedown that could "destabilise" the whole of the eurozone.<p>The German finance minister <b>was unrepentant about the impact of his comments</b>, which made …

£6.65 is the Average Spent on Contactless Payments in the UK

Visa Europe has said that the UK’s appetite for contactless payments using NFC-enabled cards and phones has exploded in the last 12 months, with the average purchase across the year equating to £6.65.<p>The payments processor, which is owned and operated by member banks and other payment service …