US interest rate rise 2015: What will a Fed hike mean for global markets? September 15, 2015 The US Federal Reserve, after months of speculation, will announce on Thursday whether or not it is to raise its benchmark interest rate for the first time in nine years. Experts have questioned whether the US, and the world, is ready. Even the IMF has called for a delay. Unemployment in the States [...]
Pros and cons of selling your house using online-only estate agents – CNBC Comment September 15, 2015 I’ve recently moved home and I don’t need to remind you of how much of an ordeal that can be. The story ends well but not without the usual bouts of anxiety, stress and emotional trauma. In January, I opted to pay a flat fee of around £800 (including tax) for the services of [...]
Sunderland v Tottenham: Spurs ready to pick up first win of the season at Stadium of Light September 10, 2015 Odds-on for relegation in September, Sunderland’s time in the top flight looks to be coming to an end after years of struggle. We’re only four games in to the campaign but this particular projection doesn’t seem premature. Already bottom of the table, the Mackems look woefully short on quality and the signings they made in [...]
Halifax: Reluctant sellers push UK house price growth up again September 10, 2015 Another day, another confirmation that UK house prices are rocketing, after new figures showed prices were nine per cent higher in the three months to August than they were during the same period last year. To be fair, that was still lower than the impressive 9.6 per cent rise in June – but higher than [...]
Where to invest following stock market carnage: Europe and China top the experts’ buy lists September 9, 2015 Global stock markets took a battering this summer. At one point, nearly $2 trillion had been wiped off the value of shares across markets as diverse as Germany, China, the US and Argentina. The falls were trigged by worries over the state of China’s economy. Although Chinese companies make up only a small part [...]
UK housing marktet: Record low rates spur mortgage lending climb September 9, 2015 Record low borrowing costs and competition between banks led to a rise in mortgage lending from April to June, figures released by the Bank of England and Financial Conduct Authority showed yesterday. The total value of mortgages advanced was £52.5bn over the period, a 15.1 per cent jump on the same time last year. The [...]
Motoring review: Fiat 500 1.2 Pop Star September 7, 2015 IT’S s a city car, so you need to drive it in the City”, they said. Fair enough. So why am I aboard a boat, admiring the view of Tower Bridge exchanging small-talk with a fashion blogger while sipping a virgin cocktail? Well, I’m at the launch of the new Fiat 500, of course. By [...]
Motoring review: Fiat 500 1.2 Pop Star September 7, 2015 IT’S s a city car, so you need to drive it in the City”, they said. Fair enough. So why am I aboard a boat, admiring the view of Tower Bridge exchanging small-talk with a fashion blogger while sipping a virgin cocktail? Well, I’m at the launch of the new Fiat 500, of course. By [...]
London property focus on North Greenwich: Affordable homes by the riverside September 4, 2015 Fancy a night out in North Greenwich? No, not that one with the market, the chapels, the observatory and the ship. The other one with the O2 Arena and… not much else. It’s a hard sell, truth be told, so imagine how much harder it must be to convince someone to live there. Once a [...]
Labour must be a credible government-in-waiting to win over City A.M. readers September 2, 2015 The first speech I gave in the Labour leadership contest was on the economy and business. I acknowledged that, despite many pro-growth policies, too many businesses, their owners and employees looked at the Labour Party in recent years and did not see a party that understood their challenges or was on their side. This [...]