Aberdeen weighs on FTSE after report of £9bn net outflow – London Report July 23, 2015 UK shares yesterday started brightly but fell for a third day in a row, as Aberdeen Asset Management weighed on the FTSE 100. The blue chip index fell 0.2 per cent, 12.33 points, to 6,655.01 at the close, after earlier climbing as much as 0.6 per cent. Aberdeen Asset Management tumbled 7.6 per cent, touching [...]
Caterpillar bites the Dow – New York Report July 23, 2015 WALL STREET fell for a third straight day yesterday after disappointing corporate results and forecasts added to concerns about the US profit outlook. The Dow Jones industrial average fell 119.09 points, or 0.67 per cent, to 17,731.95, the S&P 500 lost 12 points, or 0.57 per cent, to 2,102.15 and the Nasdaq Composite dropped 25.36 points, [...]
Bashing buy-to-let landlords will push up rents and hit the UK economy hard July 23, 2015 Buy-to-let landlords have a huge advantage in the market as they can offset their mortgage interest payments against their income, whereas homebuyers cannot.” That’s how the chancellor explained his decision in the Budget to require that landlords, unlike other businesses, effectively pay tax on their borrowings – their buy-to-let mortgage. But the chancellor has made [...]
What struggling Greece can learn from the growth stars of Eastern Europe July 23, 2015 Where are Europe’s fastest growing economies to be found? They are in Eastern Europe. Over the past year, GDP has risen by 4.1 per cent in Romania, 4 per cent in the Czech Republic, 3.7 per cent in Poland, 3.3 per cent in Hungary, 3.1 per cent in Slovakia, and by 3 per cent in [...]
Don’t stitch up the primary: Londoners deserve a real choice for their next mayor July 23, 2015 This weekend, the Conservatives will be holding interviews with the candidates who want to be included in the party’s open primary for next year’s London mayoral election. The word on the street is that the list of candidates will be culled to only two or three and that Ivan Massow, despite being the second ranking [...]
With Greece, China and rate rises heightening fears, will this be a bad summer for investors? July 23, 2015 Laith Khalaf, senior analyst at Hargreaves Lansdown, says Yes It has been a pretty bad summer for the stock market so far – and we would have to have a belter of a month in August for the FTSE to claw its way back to the 7,000 mark. I do not see the macro worries [...]
Buy into conservation hotspots: Why it’s worth investing in a historical home July 23, 2015 As London’s housing crisis rumbles on, more and more shiny skyscrapers are shooting up. If you find this state of affairs rather unseemly – un-British, even – then buying a home in a conservation area is worth considering. Designated by local authorities for their special architectural or historical interest, there are currently over 8,000 [...]
Rare his ‘n’ hers houses go on sale in Kensington July 23, 2015 Campden Hill Road, Kensington, £12.75m each Everybody needs a bit of space in their relationships, but if you feel you need more than most, then these twin houses may be the perfect solution. Two identical semi-detached houses have entered the market in Kensington. Complete mirror images of one another inside and out, Hyde House [...]
Dulwich house prices: London village life four miles from The Shard July 23, 2015 As Peckham and Camberwell creep up the league table of the capital’s trendiest areas, neighbouring Dulwich remains as genteel and sedate as ever. Not much changes in SE21. It views its up-and-coming neighbours with the same bemused condescension that a retired judge regards the hoop in his grandson’s ear. He doesn’t understand it, but he’s [...]
Private view: On the market in Dulwich this week July 23, 2015 COURT LANE GARDENS, DULWICH VILLAGE, SE21 £2.95m This six-bedroom family home is on a sought-after road in Dulwich Village that’s less than half a mile away from North Dulwich station. In total, there’s 3,027sqft of living space over three floors, including two living rooms and a kitchen designed by world-renowned architect Johnny Grey and a [...]
