A REIT mess: Home REIT execs to be grilled on takeover approach and shoddy housing at AGM February 20, 2023 Beleaguered housing investor Home REIT is set to be grilled by investors today over the state of its finances, its dilapidated property portfolio and the suitability of a recent takeover approach from a firm with links to its former investment advisor. The troubled former FTSE 250 firm is due to face shareholders at its annual [...]
Could financial services dealmaking rebound this year? EY thinks it might February 20, 2023 The value of dealmaking among UK financial services firms could rebound this year after a sharp slump in 2022, as volatile valuations settle and private equity firms swoop back into the market, EY has predicted. The predictions come after the total value of deals in the UK fell 40 per cent last year to £15.2bn [...]
House prices rose just £14 last month as Bank of England rate hikes chill demand February 20, 2023 UK house prices rose by just £14 last month indicating possible buyers are turning their noses up at sellers slapping huge tickets on their homes, new figures out today reveal. The average asking price for a home in the UK came in at £362,452, making last month’s increase the smallest between January and February since [...]
Culture war concerns are creating new divisions for Conservatives to traverse February 20, 2023 Rishi Sunak has dug a line in the sand on culture war issues, but it's already created new ideological division which could split the Conservative Party, writes Eliot Wilson
To stay out of a recession, we need to get on with hashing out a deal on Northern Ireland February 20, 2023 Since the UK voted for Brexit, Northern Ireland has been a headache for politicians and businesses alike. Time to finally end the madness, writes Chris Hayward.
Crypto AM shines its spotlight on REKT Partners February 19, 2023 Spotlight on REKT Partners - a specialist reputation management and crisis communications consultancy focused on the crypto sector.
Buy-now pay-later complaints jump as shoppers rely on providers amid cost of living crunch February 19, 2023 Shoppers are filing more complaints about buy-now pay-later (BNPL) firms to the UK's financial complaints body as shoppers turn to firms like Klarna and Zilch to fund their spending in the cost of living crisis.
UK defence budget needs £3bn boost for ‘broken’ armed forces, top general warns February 19, 2023 A top general has warned Britain’s armed forces are “at their most broken since the Cold War” and need a £3bn boost to ramp up the UK’s military capabilities. General Sir Richard Barrons has urged Chancellor Jeremy Hunt to fund the replacement of weapons and tanks given to Ukraine in the budget next month. Barrons, [...]
Week ahead: UK January borrowing bill to hit £5bn to pay for cost of living support, experts predict February 19, 2023 Britain is expected to have borrowed around £5bn last month, largely to pay for household energy support, new figures out from the Office for National Statistics (ONS) this week are poised to show. The difference between what the government spends and takes in tax revenue – the deficit – is likely to have been kept [...]
Humza Yousaf and Ash Regan enter SNP leadership race to replace Nicola Sturgeon February 19, 2023 Battle lines were drawn at Holyrood this weekend as Humza Yousaf and Ash Regan entered the race to replace Nicola Sturgeon as SNP leader and Scotland’s first minister. Launching his campaign, health secretary Yousaf, 37, told the Sunday Mail he was confident he had the “experience” to take on the “top job in the country”. [...]
