By: Helen Cahill

I report on retail and property for City A.M. I have covered the investigation into BHS and London's housing crisis. You can email me on helen.cahill@cityam.com with tips or commentary.

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Oculus rift: Facebook loses £394m virtual reality battle

February 2, 2017

Tech giant Facebook has lost a $500m (£394m) court battle over the virtual reality technology behind it Oculus Rift headset. After a three week trial, the jury decided that Oculus – acquired by Facebook three years ago – was manufactured using computer code written by game developer Zenimax. Oculus said it would appeal against the "disappointing" decision. Damages [...]
Becoming a landlord? These are the most popular neighbourhoods for first time renters in London

February 1, 2017

Coming to London can be daunting, and perhaps the most daunting part about it is thinking about saving up to buy a house. Young people in the capital are lucky if they get onto the property ladder at the age of 30, and until that day comes, they are forced to rent. Choosing a good place [...]
Six romantic National Trust destinations for Valentine’s Day

February 1, 2017

Eating out in a chain restaurant in London is hardly the most imaginative way to spend quality time with your loved one on Valentine's Day – so why not try something a little different this year? Escape the city – and the awkward sight of couples on blind dates at Pizza Express – with a visit [...]
These are the most romantic National Trust destinations for Valentine’s Day

February 1, 2017

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There’s going to be another protest against Donald Trump in London this weekend

February 1, 2017

As corporate resistance to US President Donald Trump's travel ban grows, Londoners are preparing to protest against it for the second time in a week. Trump has banned visitors from seven Middle Eastern countries, and tens of thousands of protestors are expected to protest outside the US embassy in London on Saturday, calling for Theresa [...]
House price growth falls to 14-month low

February 1, 2017

UK house annual price growth fell to 4.3 per cent in January, down from a year-on-year growth of 4.5 per cent in December. As compared to the month before, house price growth edged up 0.2 per cent, according to figures from Nationwide. But it is thought that overall this year the housing market will be cooler [...]
Good news: UK train ticket pricing is getting an overhaul

February 1, 2017

It's been a tough few months for train travellers – but finally, there's some good news. The UK's ticket pricing system is getting a much-needed facelift to scrap overpriced routes and make it easier for passengers to buy the cheapest tickets. Some fares for longer, connecting train journeys will be removed because cheaper options exist. [...]
Spending on essentials soars as inflation starts to bite consumers

February 1, 2017

Consumer spending on essentials has increased at its highest rate since September 2013 as inflation started to bite in December. Essential spending grew 1.8 per cent in December, rising for the fourth month in a row, according to Lloyds Bank. Grocery spending jumped 2.9 per cent year-on-year, the highest growth rate since July 2013. Read [...]
Shop prices drop at the beginning of January as retailers clear Christmas stock

February 1, 2017

Shop prices fell at the beginning of January as retailers cut prices to clear leftover Christmas stock. Overall, shop prices fell by 1.7 per cent year-on-year between 3 January and 9 January, according to figures from the British Retail Consortium (BRC) and Nielsen. Price cuts were particularly dramatic in clothing and footwear, with prices falling [...]
Mortgage approvals hit a nine-month high in December

January 31, 2017

The Bank of England's mortgage borrowing hit a nine-month high in December as the housing market recovered from the lull it experienced in the months after the Brexit vote. At 67,898, the number of mortgage approvals for house purchases increased 10.7 per cent from the low (61,335) it hit in August. Read more: I can't help but [...]

Iceland boss calls for profit cap on energy firms as prices surge

Does Dyson’s Bath investment signal a new era for Prem Rugby?

We road test RDR, Star Wars Outlaws and Fallout 4 on Switch 2

By: Helen Cahill

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