Is the Innovative Finance Isa worth it? We look at the pros and cons March 6, 2019 At barely three years old, the Innovative Finance Isa still has some proving to do. And for some savers, it’s a product that is deemed too risky. But how risky is it really? Of course, the IFISA is merely a tax-free wrapper, so the risk actually depends on the underlying investments held within. And while [...]
Green shoots: British new car registrations up for first time in five months March 5, 2019 February brought signs of hope for Britain’s embattled car manufacturing industry, with new car registrations rising for the first time in five months. New car registrations in the UK rose 1.4 per cent to 81,969 vehicles after five straight months of decline, according to figures from the Society of Motor Manufacturers and Traders (SMMT). Read [...]
Houseplants are all the rage, but are they are millennial cry for help? We speak to the companies cultivating this urban jungle March 5, 2019 Millennials have been accused of killing almost every industry there is, but there may be one that 25-35 year olds are actually propping up. Houseplants are taking off like an avocado tied to a racing drone among Generation Rent, prompting investigations by such serious organs as The Washington Post and New York’s Nylon magazine, in [...]
UK construction activity falls for first time in 11 months March 4, 2019 UK construction activity declined in February for the first time in eleven months led by a drop in commercial building work. Civil engineering work also fell but residential construction continued to grow for the 13th consecutive month, according to the IHS Markit / CIPS Construction purchasing managers’ index (PMI). The survey of businesses also found [...]
What Anthony Scaramucci did next March 4, 2019 After a brief and calamitous stint in the White House catapulted him to international fame, Anthony Scaramucci is back at SkyBridge Capital, the hedge fund he founded in 2005, he has revealed in an interview with Opto magazine. For a brief period in July 2017, Anthony Scaramucci found himself at the centre of American politics. [...]
A lesson in resigning etiquette from the newly formed Independent Group March 1, 2019 Thinking about leaving your job? Research from insurance firm LV suggests that UK workers change employers every five years on average. Whether it’s career progression, a fresh start, or escaping an unpleasant boss, there are many reasons why we decide to call it a day on a job. Last week, MPs from both sides of [...]
Rightmove shares slump despite strong results March 1, 2019 Shares in property website Rightmove fell this morning despite the company reporting an increase in revenue and profits. Rightmove’s share price dipped 5.6 per cent to 455p today as the firm announced its full-year results for 2018. Read more: London house sales drop over political uncertainty The figures Underlying operating profit was up 10 per [...]
UK house prices: Housing market ‘on its knees’ amid Brexit uncertainty February 28, 2019 UK house price growth remained sluggish in February, as property experts warned the housing market is “on its knees”. Prices rose just 0.4 per cent year on year compared to January’s 0.1 per cent rate of growth, new data published today reveals. Read more: January transactions flat as uncertainty weighs on housing market But prices [...]
Remortgaging in London hits decade high as homeowners capitalise on competitive deals February 27, 2019 Remortgaging in London has reached a decade-high and the number of first-time buyers also rose at the end of last year, according to UK Finance data. The number of new homeowner remortgages in the capital rose to 60,400 in 2018 – a 6.2 per cent increase on 2017 and the highest annual figure since 2008, [...]
Housebuilder Persimmon profits top £1bn as it names new CEO February 26, 2019 Persimmon made £1.1bn in profits in 2018, the housebuilder confirmed today, as it named a new chief executive. Dave Jenkinson, the finance officer who has been acting chief executive since its former boss left under a cloud over his bonus last year, will take on the role permanently, Persimmon confirmed. Read more: Is Persimmon’s success [...]