UK benefits from $429bn global boom in real estate investment April 19, 2015 Money is flooding into global real estate with new capital targeting the commercial sector reaching a record $429bn (£287bn) in 2015, according to a DTZ report. The Americas are fuelling the boom, with a 12 per cent increase in capital flowing into the western hemisphere totalling $166bn of which $145bn is earmarked for the US. [...]
Beware, Sid – Lloyds sale could be tricky April 19, 2015 A big retail offering of Lloyds shares is on the cards. Large-scale privatisation is back. David Cameron is promising a £4bn sale of Lloyds shares to retail customers, swapping one big government shareholder for thousands of individuals. An instant comparison is with the 1980s. Giant firms like BT, BP and British Gas were taken out [...]
London house prices: Capital homes increasingly unaffordable April 19, 2015 Homes in London have become drastically less affordable under the current government, according to a new report published today. A consumer’s capacity to buy a home in the capital is now 77 per cent worse than it was in 2010, according to the latest Ability to Buy index from the estate agent Hamptons International. London [...]
Asking prices reach record highs in London’s property market April 19, 2015 The price of homes coming to market in London has reached an all-time high, according to new figures released today. The average asking price in the capital is now £594,585, up nearly seven per cent from this time last year and almost 50 per cent over the last five years, according to the property website [...]
Philips boss: EU vote could see us leave Britain April 19, 2015 WARNINGS from Philips chief executive Frans van Houten over a British referendum on the EU have been dismissed as “apocalyptic” by eurosceptic lobby group Business for Britain. Van Houten said at the weekend that the electronics firm would have to “think very carefully” about its future in the UK should it vote to leave. Overall, [...]
Ede & Ravenscroft pre-tax profits fall April 19, 2015 KEEPING up with the times does not come cheap for Ede & Ravenscroft, the 325-year-old maker of barristers’ wigs and academic gowns. The firm invested £500,000 in new machinery and fittings, partially hitting pre-tax profits, which fell from £3.71m to £1.26m.
Money in your pocket? Here’s where the main parties stand on income tax April 19, 2015 The contents of voters’ pockets has always been a key motivating factor when it comes to deciding which party to place a cross next to. Few things encapsulate this kind of consumer politics more than the rate of income tax. The coalition has made great play of taking the lowest paid out of income tax [...]
Strong dividend payouts bolster the first quarter April 19, 2015 SHAREHOLDER payouts had their strongest underlying growth for three years last quarter, aided by a stronger dollar and robust oil sector dividends. Stripping out special dividends and delayed dividends, payouts rose 10.4 per cent for the first quarter of this year, putting 2015 on course to be the best year for dividend growth since 2012, [...]
Over taxed and at risk of falling behind: damning report on UK April 19, 2015 THE UK economy is over-taxed, according to new research by UHY Hacker Young, with the tax burden 18 per cent higher than the global average. In a damning report, released today, the chartered accountant firm said Britain was at risk of inhibiting growth due to its relatively high tax burden which currently stands at a [...]
Migrants die trying to reach Italy April 19, 2015 AS MANY as 700 migrants were feared dead yesterday after their boat capsized in the Mediterranean, raising pressure on Europe to face down anti-immigrant bias and find money for support. If the death toll is confirmed, it will bring to 1,500 the total number of people who died this year seeking to reach Europe – [...]
