FTSE 100 today: London shares to open lower amid fading US rate cut hopes, Middle East tensions April 16, 2024 Asian stocks faltered after Wall Street's tech slump, while oil prices surged due to Middle East tensions. China's Q1 GDP soared at 5.3 per cent, yet March's new home prices plummeted. Additionally, the yen hit its lowest level since 1990. Eyes are now on the UK employment data and Fed Chair Powell's speech.
China’s Q1 GDP exceeds expectations amid policy support, but all is not well April 16, 2024 China's economy surged by an impressive 5.3% in the first quarter, surpassing market forecasts and sparking optimism for a revival in manufacturing.
Falling mortgage rates drive sentiment in property market to a two-year high April 11, 2024 Recovery in the UK housing market is speeding up, according to the Royal Institute of Chartered Surveyors.
Why the ‘McMafia’ law failed to root out kleptocrats’ ill-gotten gains April 11, 2024 A legal tool designed to sniff out illicit wealth was meant to help rid the City of dirty money. But it hasn't quite delivered the results the government might have hoped for, Ben Lucas reports
FTSE 100 today: London markets to open red as odds of Fed rate cut dwindle after hot US inflation April 11, 2024 Asian markets mirrored Wall Street's slide amid global interest rate concerns. The yen dipped below ¥153 against the dollar, reflecting market unease, while Chinese inflation edged up in March. Investors scaled back expectations for Federal Reserve rate cuts. The focus is on the European Central Bank's policy decision and US producer price data.
Rental crisis to get worse as earnings ‘won’t keep up’ with London flats April 8, 2024 Rents are likely to continue growing over the coming years, turning a rental crisis into a perma-state in London
Grand Designs’ Kevin McCloud: Big builders are artificially driving up house prices for profit April 7, 2024 Most of the issues in the market can be traced back to the big builders that dominate the sector, TV presenter Kevin McCloud, told City A.M.
Are house prices going to fall? Is this the end of buy-to-let? What’s going on in the housing market? April 7, 2024 The UK property market confounded expectations last year, only falling by two per cent. With rate cults looking likely, will it rally again?
House prices: March only slowing property growth, not reversing it April 5, 2024 The price of a home grew by just 0.3 per cent in March, slowing down from a 1.6 per cent rise when compared to the previous month.
UK firms move more head office roles outside London amid soaring costs April 1, 2024 UK companies are increasingly moving head-office jobs outside of London, according to new data, amid rising living and housing costs in the capital.