Opinion: Uncertain times are leading to London property ‘microclimates’ October 25, 2019 The fluctuations and instability experienced by the capital’s housing market continue to be underpinned by, for want of a better phrase, ‘Brexit uncertainty’. A market once dictated by patterns and trends has been shaken by political turbulence, leaving buyers and sellers with little direction on how to navigate it, which is ultimately resulting in inconsistencies [...]
Short sellers take a bite out of Beyond Meat as shares slump October 24, 2019 Short sellers have sunk their teeth into Beyond Meat as shares in the plant-based meat substitute company come off the gas following its hugely successful US listing earlier this year. Shares in Beyond Meat had surged past $200 in July, having debuted at $25 in May, but have gone steadily downhill since then. Now short [...]
Why caution on Hong Kong is paying dividends October 24, 2019 Prudent investors will have been cautious on Hong Kong for some time, says Henderson Far East Income Fund Manager Mike Kerley; with Asia’s income growth coming from elsewhere. For anyone with an interest in the Asian growth story, the scenes in Hong Kong are very worrying. While no one could have foreseen the scale and [...]
Sir Richard Branson set to launch Virgin Galactic float on Monday October 24, 2019 Sir Richard Branson has announced that he is planning to float his space venture Virgin Galactic on the New York Stock Exchange on Monday. Branson said he hoped to be there to ring the bell himself as his space flight company becomes the first to go public next week. Read more: Boeing invests $20m in [...]
Back to the future: London unveils first fully electric taxi since… 1897 October 23, 2019 A completely electric taxi hit London’s roads today, although the first fully electric vehicle came to the capital more than 100 years ago. The zero emissions Dynamo Taxi, made from a converted Nissan e-NV200 Evalia MPV, was unveiled as a part of the International Clean Air Conference at City Hall. Read more: Electric taxi cab [...]
Let’s take a closer look at Neil Woodford’s dubious investment decisions October 23, 2019 The man with the Midas touch. That was how people saw Neil Woodford only a few short years ago. But things didn’t work out that well for King Midas in the end, and the same can be said for the former star manager, whose reputation is in tatters and whose investment empire now set to [...]
Thomson Reuters defends boss following reports of hunt for successor October 21, 2019 Thomson Reuters has thrown its support behind chief executive Jim Smith following reports the company has hired an executive search firm to pick his successor. The media conglomerate is said to have appointed search firm Spencer Stuart to draw up a shortlist of candidates, with co-chief operating officer Neil Materson slated as an internal contender. [...]
These are the London boroughs where first-time buyers are getting the biggest discounts October 18, 2019 Recent reports of lagging London house prices have generally been met with a groan, as the mortgaged majority fret over the value of their property investment. This is not the case for would-be first-time buyers, though, who might find that they can snap up a home for less than they initially expected, or be able [...]
How to pick the best estate agent to sell your home October 18, 2019 When looking to sell your property, finding the right estate agent can feel like a real minefield. As a London-based property developer with over 30 years of industry experience, being able to identify the right people to find buyers for my finished homes has been vital to ensuring that the best prices were achieved – [...]
Focus on Teddington: This laid-back suburb is home to families, first-time buyers – and the odd seal October 18, 2019 Teddington is located on the banks of the River Thames between Hampton Court Palace and Twickenham, but it doesn’t have the royal or sporting connections of its neighbours. Instead, this leafy, laid-back suburb’s biggest landmark is its lock – the lowermost on the Thames, don’t you know – where a lost seal crops up every [...]