London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
14 buyers fight for each house sold in London November 24, 2013 MORE than a dozen potential buyers are now battling for each property coming onto the market in London, according to an estate agent releasing new figures today. Barnard Marcus reports that there are now 14 people trying to get on the housing ladder for every new instruction to sell in the capital, pushing prices even [...]
Job security falls for public sector November 24, 2013 DESPITE the financial crisis, job security in the private sector after the UK’s recession was largely unchanged from the mid-2000s, according to research released today. Analysts at the National Institute for Economic and Social Research (Niesr) show that while private sector job security held up well after the recession, feelings of security faded significantly between [...]
Rise in remortgaging continues into autumn as market heats up November 24, 2013 REMORTGAGING is becoming increasingly popular as the housing market begins to heat up again, with lending figures still climbing. Figures released by LMS today show remortgage lending increased by 27.7 per cent during the year to October. Both the number of loans issued and the average loan amount have risen over the same period, up [...]
Piggybanks back to hog children’s cash November 24, 2013 FOR all those mums and dads wanting their junior spenders to start hogging their cash, NatWest has a squeally good idea. The bank, which clearly has no desire to reinvent the wheel, is giving away a piggybank – now dubbed a Pigbybank – to young savers. And if something else is looking a bit familiar, [...]
Horror on the dancefloor as Ed reveals his pop picks November 24, 2013 IT’S CHIC to be geek – or at least that was the message that Ed Miliband was keen to peddle on yesterday’s Desert Island discs. The Labour leader unapologetically told host Kirsty Young about his “really embarrassing dancing” to A-ha’s Take On Me at school discos, and said it was no wonder he didn’t have [...]
The man firmly back in the saddle at CMC November 24, 2013 Peter Cruddas tells David Hellier why it was just about time for a change SEVERAL very noticeable things have changed since Peter Cruddas, the founder of CMC Markets, returned as full-time chief executive of the spread-betting group earlier this year. For a start, CMC’s employees no longer get free fresh fruit and cornflakes when they [...]
University loans drive a hike in unsecured debt November 24, 2013 STUDENT debts are the driving force behind a new rise in unsecured lending, which is increasing again for the first time since the crash, according to a report released today. This year, unsecured debt has risen by £8.5bn, a four per cent hike. However, new research by PwC attributes much of the new increase to [...]
Report says welfare savings can replace UK’s national insurance November 24, 2013 NATIONAL insurance should be replaced by personal welfare accounts, while the state pension should be moved to a means-based system, according to a Westminster think tank. A report by Civitas research fellow Peter Saunders says that the UK’s system of national insurance no longer resembles its original purpose, and that personal welfare savings modelled along [...]
City Moves for 25 November 2013 | Who’s switching jobs November 24, 2013 Knight Frank The property company has announced the appointment of Luke Kemp as a specialist in its student property division. He was most recently at BNP Paribas Real Estate Advisory, where he was an associate director for valuation. DAC Beachcroft The law firm has hired two partners to its national construction and engineering practice. Warren [...]
Best of the Brokers for 25 November 2013 November 24, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com WOLSELEY Peel Hunt has a “hold” rating and 3,300p target ahead of the building materials group’s first-quarter update on Thursday. The broker is keen to see signs of stabilising European sales, and believes the firm has good enough cash flow to push for [...]
