Aston Martin triples car sales but still slides to £90m loss July 28, 2021 Aston Martin plunged to yet another loss this morning despite selling more than three times the number of cars it did in the first half last year. The classic British brand posted a £90.7m pre-tax loss, a markedly improved effort after losing £227.4m in the same period in 2020. Revenue also increased 242 per cent [...]
The rise in house prices slows after stamp duty holiday ends July 28, 2021 Property prices have continued to rise but at a slower pace since the stamp duty holiday came to an end, according to the Nationwide HPI report for July. Annual house price growth slowed to 10.5 per cent in July, from the 17-year high of 13.4 per cent recorded the previous month. In month-on-month terms, house [...]
Tech stocks – slow-down or slump? July 27, 2021 With the COVID-19 pandemic accelerating the shift towards a digital-first world; technology stocks rose to all-time highs in 2020, as people spent more time online.1 However, as economies have begun to reopen following the rollout of highly effective coronavirus vaccines; tech stocks sold-off as investors rotated towards sectors set to benefit from reopening. In this [...]
Tokenisation: assets are regular mail, tokenised assets are email July 23, 2021 Alex Lightman talks us through the complex world of tokenisation.
Covid sharpens inequalities in UK housing market July 23, 2021 The Covid crisis has widened inequalities in the UK housing market, according to new research published today. Figures from building society Nationwide show one in four private renters think the pandemic has made it more difficult for them to buy a home. Sharp rises in house prices over the last year, driven by demand being [...]
FirstGroup hopes to win back shareholders’ good graces by handing out half a billion July 22, 2021 Rail operator FirstGroup has tried to win back the good graces of its shareholders by announcing it will give half a billion pounds to them following the unpopular sale of two US businesses. The company has proposed returning £500m to shareholders, from the sale of the school bus and transit divisions stateside. The figure is [...]
First-time buyers: Where do millennials stand on the property ladder? July 21, 2021 Around two-thirds of people aged in their 20s and 30s hope to buy a new home in the next five years, according to a survey. Some 66 per cent of people in their 30s and 67 per cent in their 20s are considering buying a property in the next five years, compared to 38 per [...]
Exclusive: Number of private jets available for purchase dries up as demand soars during pandemic July 20, 2021 The number of private jets available for purchase has plummeted sharply in the last year after wealthy individuals snapped up most of the world’s available planes due to the pandemic. Data from private jet broker Colibri Aircraft shows that a mere 4.7 per cent of the world’s pre-owned jet fleet is for sale – this [...]
Britain’s decarbonising its transport but it’s losing the race against time July 20, 2021 Dozens in Germany and Belgium have died in flooding. This month Canada recorded its three warmest days ever. The planet is warming, provoking more extreme weather, disrupting fragile ecosystems, threatening planetary catastrophe. We need action quickly to meet the targets the global community has set to reduce greenhouse gas emissions. The Mayor of London wants London [...]
Shortfall of 225,000 properties as average house price jumps to £338,447 July 19, 2021 Across Britain, the average asking price for a home is now £21,389 higher than it was just six months ago. The average price tag has jumped to a new record high for the fourth month in a row, reaching £338,447 in July, according to property website Rightmove. The website said the first half of this [...]