The next internet: AppNexus CEO Brian O’Kelley lays out his vision for the programmable age June 13, 2016 At six foot five, there isn’t much which can dwarf Brian O’Kelley. His adtech company AppNexus, which allows marketers and publishers to buy and sell advertising space in real-time, has grown exponentially since its founding in 2007. Today, the firm’s ad-serving infrastructure processes 5m requests per second at peak periods, facilitating an estimated $2bn of transactions [...]
Sports Direct’s Mike Ashley steps in for eleventh hour BHS chats June 12, 2016 Sports Direct's Mike Ashley is trying to reopen talks to save BHS from liquidation. A source told City A.M. that Ashley had written to the administrators in a bid to reopen a dialogue in a move that could save a number of stores along with the BHS name. City A.M. also understands that the administrators will be [...]
Classic cars are becoming one of the UK’s best investments – but which ones should you be buying? June 9, 2016 With equities currently more volatile than Sarah Wollaston's views on the EU, and gold all over the place, it's no wonder an increasing number of people is turning to classic cars as an investment. New research suggests one in five people are now considering splashing out on a vintage set of wheels. And British marques [...]
Experts have predicted house prices will drop for the first time since 2012, with London hit hardest June 9, 2016 Experts are predicting UK house prices will drop for the first time since 2012 in the coming months. According to a survey conducted by the Royal Institution of Chartered Surveyors (RICS), members, UK house prices will drop rather than rise in the next three months. London is expected to be the hardest hit with 43 per [...]
The rental market is starting to cool off a bit June 8, 2016 The rental market cooled slightly over the past few months as the rate of increase in prices slowed – although rents still rose in the three months to May 2016. Rents agreed on new tenancies in the UK over the past three months were up 4.4 per cent compared to the same period last year, [...]
David Cameron warns of mortgage rise if Britain votes for Brexit June 5, 2016 David Cameron has warned that mortgages could rise for millions of homeowners if Britain votes to leave the EU. The Prime Minister has said average repayments could rise by nearly £1,000 a year because leaving Europe could lead to tighter credit controls as well as pushing up interest rates. But the claim has been called "desperate" [...]
Institute of Directors boss slams Arcadia chairman over BHS collapse in open letter to MPs June 3, 2016 A day after its collapse, the boss of one of the UK's largest business lobbying organisations has said he "can't defend" the running of BHS – and added that "serious questions need to be asked of almost everybody concerned". In an open letter to MPs Frank Field and Iain Wright, chairs of the Commons Select [...]
Dumbed down Brexit row patronises voters June 3, 2016 Like clockwork, yesterday brought another slew of extreme projections about the impact of Brexit. It would “destroy” young people’s hopes of getting on the housing ladder, says Remain, apparently forgetting George Osborne’s warning last month that house prices could fall dramatically if the UK quits the EU (surely a boon for first-time buyers). Leave has [...]
Focus On Southfields: This south west London suburb is bucking the London property trend ahead of Wimbledon June 2, 2016 If you went down to Southfields today, you’d be in for a big surprise. Buying London property is hardly a teddy bear’s picnic at the best of times, but as buyers rush to the leafier outskirts in search of more affordable property, outer boroughs that were once overlooked are finding they’re in high demand. London [...]
Homemover loan applications had the highest success rate for mortgage approvals in the first quarter June 2, 2016 Homemover loan applications registered the highest success rate for converting mortgage applications into completed deals in the first quarter, according to the Intermediary Mortgage Lenders Association (IMLA). The IMLA data shows that 80 per cent of homemover applications resulted in an offer and the same percentage of offers led to a deal. Read more: Nearly two out [...]