Carrefour jumps on blockchain bandwagon in effort to track food supplies October 8, 2018 Europe’s biggest retailer is to roll out blockchain technology to trace the supply of goods such as chickens and eggs. Carrefour is planning to gradually deploy a blockchain ledger across its fresh product lines over the next several years, in a bid to bolster the security of its global supply chains. The French retailer is employing IBM, [...]
Focus On Blackheath: New development is thin on the ground in this quintessential London village October 5, 2018 T here’s a lot of development going on in South East London, but you won’t find it in Blackheath. This little enclave is on the borders of Greenwich, Kidbrooke and Lewisham, which are all undergoing Joan Rivers-level facelifts in the next few years, but there’s nothing going on in Blackheath by comparison. Housebuilding behemoth Berkeley [...]
Someone’s redesigned London’s Tube map to show what salary you need to afford a flat at any station October 4, 2018 Have you ever wondered how much you’d need to earn to buy a flat in London? Then fear not – Totally Money has redrawn London’s Tube map to help you on your way – or entirely crush your home owning dreams, more likely. Read more: Millennial home ownership slides as affordability crisis worsens Even if [...]
Bull market: New version of Wall Street’s iconic ‘Charging Bull’ goes under the hammer later this week October 1, 2018 A new version of the Charging Bull, the dramatic sculpture which has become a symbol of Wall Street, goes on sale in London this week. The highly-polished bronze by Arturo di Modica features in the sale of 20th century and contemporary art by auctioneers Phillips on Thursday, City A.M. can reveal. At 6ft long the [...]
Focus On Harrow: Why this west London suburb is popular with families and first time buyers September 28, 2018 With inner city London gradually dividing itself into a series of ‘villages’, mimicking the community, farmers markets and independent high streets of semi-rural life, what’s the point of suburbs anymore? Places like Harrow have traditionally been quite pedestrian places, attracting families to its healthy stock of semi-detached houses and good quality schools. The ultimate – [...]
New homes: Our pick of the new builds and conversions going on sale in London this weekend September 28, 2018 New developments on the market this week Lime Quarter, Bromley-by-Bow From £300,000 Help to Buy homes are going on sale next to Devons Road DLR. The first 10 homes launched last night with one and two bedroom apartments available to purchase through the government’s equity loan scheme. Overall, there will be 130 homes, including three [...]
UK car production falls for third consecutive month in August September 27, 2018 UK car production declined for a third consecutive month in August by 13 per cent, due to model changes and maintenance shutdowns, the Society of Motor Manufacturers and Traders (SMMT) has said. Around 89,254 cars were produced last month. Domestic production fell by nearly 40 per cent while exports were down by 3.8 per cent to [...]
Home-owning pipe dream edges out of sight as first-time buyers need a £53,000 income to buy a house September 27, 2018 The average income needed for a first-time buyer to jump onto the property ladder has shot up 18 per cent in the last three years, in the latest sign that the dream of homeownership is becoming increasingly distant for many young professionals. Only three out of 20 major UK cities have become more affordable [...]
UK mortgage approvals for new house purchases tumble despite growth in remortgaging September 26, 2018 The number of mortgages approved for house purchases was almost five per cent lower in August compared with the same time last year, providing fresh evidence of flat activity in London’s property market. Despite the fall in new mortgage approvals, remortgaging soared 9.2 per cent during the month, as a rising number of homeowners [...]
Will Aston Martin vanquish the doubters? September 21, 2018 The auto sector has had a tough time of it recently with concerns over the implementation of tariffs on their products, as well as the bad publicity around emissions cheating and investigations into other cartel like behaviour weighing on the sector in recent months. Putting aside those concerns there are certain brands that have [...]