LONDON, United Kingdom (AFP) by Patrice NOVOTNY The Brexit vote could cool London’s superheated property market, with some professionals already noting signs of a slowdown, though Gulf investors have signalled their interest is so far undimmed. After a slump in 2008 during the global financial crisis, the sector recovered, first tentatively and then at full pelt, with average prices this year reaching 54 percent higher than their pre-crisis peak. The growth was fuelled by […]
Tag: London
Singapore bank suspends loans for London properties after Brexit
SINGAPORE, Singapore (AFP) — A top Singapore bank said Thursday it has suspended loans to anyone wanting to buy property in London, citing uncertainty from Britain’s vote to quit the EU but dealing a blow to investors looking to make the most of the weak pound. United Overseas Bank (UOB), one of the city-state’s three homegrown lenders, said it was monitoring the market closely to determine when the loans would resume. “We will temporarily stop […]
After Brexit, UN ‘more important’ to Britain
UNITED NATION, United States (AFP) — Britain’s membership on the UN Security Council has become more important for asserting London’s global power after the Brexit vote, the British ambassador to the United Nations said Wednesday. “My job just got even bigger,” Ambassador Matthew Rycroft told reporters. “The Security Council, if anything, has become even more important for the UK as an even larger proportion of our total world outlook.” Britain is one of the five […]
Top US diplomat Kerry says Brexit may not happen
WASHINGTON, United States (AFP) — US Secretary of State John Kerry said on Tuesday that Britain’s vote to leave the European Union might never be implemented and that London is in no hurry to go. Speaking one day after talks with Prime Minister David Cameron, Kerry said the outgoing British leader feels “powerless” to negotiate a departure he does not want. “This is a very complicated divorce,” Kerry told the Aspen Ideas Festival, referring to […]
Grieving Remain campaigners gather in London’s Parliament Square
(Reuters) — Londoners who voted to stay in the European Union gathered in Parliament Square on Saturday (June 25) to share their grief and sorrow at the country voting to leave in Thursday’s (June 23) referendum. Draped in EU flags and holding placards reading “Yes to EU” the disappointed group of a few hundred listened to impromptu speeches from people deploring the result. Some still wearing their official ‘IN’ campaign T-shirts said their shock […]
Obama confident UK ‘committed to orderly transition’ out of EU
PALO, ALTO, United States (AFP) — US President Barack Obama said Friday he was confident that Britain would make an “orderly transition” out of the European Union, and insisted the special relationship between Washington and London would not change. “Yesterday’s vote speaks to the ongoing changes and challenges that are raised by globalization,” Obama told an audience at Stanford University, one day after British voters opted to leave the bloc in a historic referendum. After […]
Mourners lay flowers in Westminster in tribute to slain MP
LONDON, United Kingdom (Reuters) — People laid flowers and left tributes in Parliament Square in central London on Thursday evening (June 16) in memory of opposition Labor MP, Jo Cox, who was earlier shot dead in a street attack, not far from her northern England constituency office. The killing of a British member of parliament caused deep shock across Britain and the suspension of campaigning for next week’s referendum on the country’s EU membership. Jo […]
Internationally-acclaimed director Cuevas now part of EBC family
(Eagle News) — London Film Festival’s “best director for a foreign language film” Carlo Jay Ortega Cuevas is the newest addition to the Eagle Broadcasting Corporation (EBC) family. The award-winning director of INCinema’s “Walang Take Two” has recently signed up as one of the directors of EBC’s Entertainment department. Cuevas, who also recently won the Platinum World Award as “World Newcomer Filmmaker of the Year” at the recent World Film Awards in Jakarta, Indonesia, is […]
Harry Potter, now a dad, makes stage debut in London
by Edouard Guihaire LONDON, United Kingdom (AFP) — Harry Potter makes his stage debut on Tuesday in a new London play that imagines the fictional boy wizard as a father of three, in the latest offshoot of the globally successful franchise. “Harry Potter and the Cursed Child” is set 19 years after the seventh and final book in the series by J.K. Rowling, which have sold more than 450 million copies since 1997 and been adapted […]
United Kingdom: #INCReconnect – Worldwide Intensive Propagation – Vee Sison reports
In Heathrow, London, INC members distribute pamphlets
Labour’s Sadiq Khan elected London mayor: final result
LONDON , United Kingdom (AFP) — Opposition Labor lawmaker Sadiq Khan was elected mayor of London with 57 percent of the vote, final results showed Saturday, making him the first Muslim mayor of a major Western capital. Khan, the son of a Pakistani immigrant bus driver, won 1,310,143 votes against 994,614 for his main rival Zac Goldsmith, a multimillionaire environmentalist from Prime Minister David Cameron’s Conservative party. After a negative campaign in which Khan was […]
