London house price growth sinks to near-decade low September 19, 2018 London house prices plunged to their lowest rate of growth in nearly a decade in July, falling 0.7 per cent as the capital's property market slowdown shows no sign of easing up. The average London property cost £485,000, marking the steeping decline since September 2009, according to the latest figures from the Office for National Statistics (ONS). Meanwhile, [...]
London house price growth sinks to near-decade low September 19, 2018 London house prices plunged to their lowest rate of growth in nearly a decade in July, falling 0.7 per cent as the capital's property market slowdown shows no sign of easing up. The average London property cost £485,000, marking the steeping decline since September 2009, according to the latest figures from the Office for National Statistics (ONS). Meanwhile, [...]
Shop Direct swings to a loss as rising costs and PPI claims hit profits September 19, 2018 Littlewoods owner Shop Direct has moved into the red in the last 12 months, as rising construction costs for new distribution centres and mounting PPI mis-selling claims mount up for the online retailer. Pre-tax losses hit £24.7m in the year leading up to the end of June 2018, compared with profits before tax of £24.9m [...]
Shop Direct swings to a loss as rising costs and PPI claims hit profits September 19, 2018 Littlewoods owner Shop Direct has moved into the red in the last 12 months, as rising construction costs for new distribution centres and mounting PPI mis-selling claims mount up for the online retailer. Pre-tax losses hit £24.7m in the year leading up to the end of June 2018, compared with profits before tax of £24.9m [...]
A summer to forget: KPMG reputation dealt another blow after admitting to compliance report misconduct September 19, 2018 Scandal-hit KPMG has admitted to misconduct over compliance reports made for a unit of the Bank of New York (BNY) Mellon Group in another fresh embarrassment for one of the Big Four accountancy firms. The UK’s accountancy watchdog said today that KPMG and one of its partners Richard Hinton accepted they had fallen short of standards [...]
A summer to forget: KPMG reputation dealt another blow after admitting to compliance report misconduct September 19, 2018 Scandal-hit KPMG has admitted to misconduct over compliance reports made for a unit of the Bank of New York (BNY) Mellon Group in another fresh embarrassment for one of the Big Four accountancy firms. The UK’s accountancy watchdog said today that KPMG and one of its partners Richard Hinton accepted they had fallen short of standards [...]
John Laing Infrastructure Fund £1.4bn deal nears completion as board agrees takeover terms September 19, 2018 John Laing Infrastructure Fund’s (JLIF) board has agreed to a major acquisition deal this morning, giving a green light to a £1.4bn takeover for one of the UK’s largest infrastructure investors. JLIF, which owns part of landmarks such as the Ministry of Defence headquarters, said it had received no competing proposals for the acquisition made [...]
John Laing Infrastructure Fund £1.4bn deal nears completion as board agrees takeover terms September 19, 2018 John Laing Infrastructure Fund’s (JLIF) board has agreed to a major acquisition deal this morning, giving a green light to a £1.4bn takeover for one of the UK’s largest infrastructure investors. JLIF, which owns part of landmarks such as the Ministry of Defence headquarters, said it had received no competing proposals for the acquisition made [...]
Major Southbank property estate put on the market for £280m September 18, 2018 London’s flagship southbank estate has been put up for sale for £280m, City A.M. can reveal. The 2.6 acre plot of mixed-use property site, which is best known for the South Bank Central’s iconic 155m tower, is being sold by CBRE on behalf of CPPIB and Hermes. The estate, which covers roughly 263,000 square feet [...]
Major Southbank property estate put on the market for £280m September 18, 2018 London’s flagship southbank estate has been put up for sale for £280m, City A.M. can reveal. The 2.6 acre plot of mixed-use property site, which is best known for the South Bank Central’s iconic 155m tower, is being sold by CBRE on behalf of CPPIB and Hermes. The estate, which covers roughly 263,000 square feet [...]
