Homes sit on the market for longer as prices hit yet another record high, says Zoopla May 30, 2022 The time between listing a property and a sale is growing increasingly longer, according to property platform Zoopla, as house prices hit yet another record high. In London, the average time it takes for a three-bed house to be whisked off the market has jumped from 17 days in March to 21 days in April. [...]
Signs of recovery in aviation as order book increases again May 30, 2022 ORDERS for commercial aircraft were their highest in four years in the month of April, new data released today has revealed. More than 130 airplanes were ordered in April, hitting a high not seen since well before the pandemic. There is now a backlog of some 13,000 aircraft that have been ordered but are yet [...]
Letters: An ode to youth May 30, 2022 [Re: Vanguard doubles down on fossil fuel investment, May 26] Following news that Vanguard will continue to invest in fossil fuels despite its commitment to hit net zero, the benefits of net zero investment on growth and opportunities for young people need to be emphasised. Whilst the government has pledged that green investment will help [...]
Jubilee boom for small business amid inflation worries May 30, 2022 THE EXTENDED Bank Holiday to mark the Queen’s platinum jubilee will give Britain’s small firms a much needed revenue boost. The closely-watched Barclays SME Barometer suggests three in five small business owners are expecting to see revenues higher this year than last, helped by an anticipated spending spree over the coming week. But around three [...]
Car dealership profits up by sevenfold following post-Covid surge in demand May 30, 2022 Profits at the UK car dealerships rose by more than a sevenfold in 2021 following a post-Covid surge in demand. According to data from accountancy group UHY Hacker Young, profits went up 627 per cent, from £105m in 2019/2020 to £764m a year later. Following the end of lockdown, new car sales went up as [...]
Auditors make their move but their homework needs checking May 29, 2022 Compiling a list of all the scandals, cock-ups and mistakes that auditors have been implicated in over the past decade would take up more space than this column allows. Even a high bar for only the most catastrophic would still require us to pursue the errors in the audits of Patisserie Valerie, Conviviality, Carilion and [...]
Just Eat’s Grubhub sale goes sour as tech shares continue to slip May 29, 2022 Just Eat's sale of Grubhub may be scuppered as brutal market movements wipe £5bn off its valuation and bosses prepare for a major writedown.
Shell warns of investment ‘uncertainty’ amid projections of record North Sea tax revenues May 29, 2022 Shell has toughened its stance on the government's announced levy on North Sea oil and gas operators, warning the new tax will create "uncertainty."
Exit fees get the axe from top grad recruiters May 29, 2022 Graduate recruitment firms are scrapping exit fees as the fight for talent heats up and campaigners call out corporations for ‘trapping’ young people.
Trustly snaps up Ecospend in UK open banking push May 29, 2022 Swedish open banking firm Trustly has snapped up British rival Ecospend this week as it looks to ramp up its presence in the UK.
