Close Brothers: How the motor finance scandal reshaped one of ‘Europe’s least cost-efficient lenders’
Revenue rises at Rightmove as half-year results reveal 10 per cent increase July 26, 2019 Rightmove said its revenue has increased by almost 10 per cent during the first half of this year after issuing results to its investors this morning. The property portal reported strong results with revenue to the end of June up to £143.9m, from £131.1m last year. It claimed this was largely driven by continued growth [...]
ii Winter Portfolio doubles after fifth market-beating year May 22, 2019 | City Talk After an amazing fifth winter, our portfolio almost doubles in value and beats all the global indices, proving that international investors are wrong to ignore UK stocks. It also proves it is possible to time the market. Five years ago, our interest was piqued by a stock market phenomenon that promised consistent market-beating returns year [...]
London house prices: How Brexit uncertainty has hit house prices in every borough May 20, 2019 London is “acting as a drag” on the rest of the UK housing market, with prices across the capital falling in the last year, according to new figures from property giant Rightmove. Read more: UK house prices suffer fifth month of Brexit-hit growth While some regions in the UK such as the midlands and the [...]
London house price growth falters despite annual spring surge May 20, 2019 House prices in London remain down year-on-year despite the annual spring surge, driven by a slump in inner city sales, according to property website Rightmove. Greater London recorded a monthly rise of 1.2 per cent, equivalent to £7,339, pushed largely by outer London properties that rose 1.9 per cent. Inner London prices, meanwhile, registered a [...]
ii winter portfolios extend outperformance in March April 17, 2019 | City Talk There are fewer star performers in this year's Aggressive Winter Portfolio – that was until March when no less than three of the five constituents each gained around 8%. Ignore Mark Twain and Benjamin Disraeli, statistics demonstrate that some stocks do far better during the winter months than others. And the stats are backed up [...]
London house prices rise as estate agents predict Brexit delay will spur demand for family homes April 15, 2019 London house prices ticked up this month as sellers raised their expectations as demand from families combined with a Brexit delay for an anticipated spring bounce. Read more: Brexit uncertainty will drag down London house prices over 2019 The average price of new-to-the-market homes saw their largest April rise since 2015, growing 1.1 per cent [...]
House transactions edge up despite Brexit uncertainty denting Spring bounce March 21, 2019 Signs of growing activity in the UK housing market have emerged this morning, with new figures signalling a potential change in tune among buyers who have so far been holding off on deals in the run-up to Brexit. A modest rise in property transactions last month has industry experts noting that some buyers are choosing not [...]
ii winter portfolios 2018-19 deliver mega profits March 13, 2019 | City Talk Four months into this six-month strategy and both our winter portfolios are thriving, writes Lee Wild. Finding a trading strategy that works 100 per cent of the time is the Holy Grail of investing. We’re not claiming to have found it here, and seasonal trading is not for everyone, but there is a statistical anomaly backed [...]
Rightmove shares slump despite strong results March 1, 2019 Shares in property website Rightmove fell this morning despite the company reporting an increase in revenue and profits. Rightmove’s share price dipped 5.6 per cent to 455p today as the firm announced its full-year results for 2018. Read more: London house sales drop over political uncertainty The figures Underlying operating profit was up 10 per [...]
Number of first-time buyers soars to 12-year high February 19, 2019 The number of first-time buyers in Britain reached a 12-year high in 2018, with more competitive asking prices and government schemes such as Help to Buy providing a much-needed boon for hopeful homeowners. According to data released by UK Finance this morning, there were 370,000 new first-time buyer mortgages completed in 2018, marking the highest number [...]