Skipton Building Society’s annual results boosted by first-time buyers February 26, 2025 Skipton Group, which includes the UK’s largest estate agency, Connells and Skipton Building Society, has announced a record return of value to its members after a bumper year at the group. The group’s pre-tax profit fell to £318.6m in 2024, down from £333.4m the year prior. The group cited downward pressure on net interest income [...]
Mythron Cars Healey: Reborn classic sports car is small and mighty February 26, 2025 With its cartoonish ‘Frogeye’ face, Lilliputian dimensions and 43hp engine, the Austin-Healey Sprite wasn’t the obvious starting point for a giant-killing race car. Yet this plucky roadster punched well above its sub-600kg weight, achieving a 1-2-3 finish at the 12 Hours of Sebring in 1959, then a class win for Stirling Moss a year later. [...]
London house prices stagnant in 2024 February 19, 2025 This meant the average property in the capital remained stuck at £549,000. Factoring in inflation, London properties lost 2.7 per cent of their value.
TDR Capital looks to refinance education provider BPP after sale fails February 19, 2025 Private equity giant TDR Capital is looking to refinance BPP Holdings, the UK-based provider of professional and academic education, after failing to sell the educational training institution. TDR was reported to be preparing to sell the company last summer with a valuation in excess of £2.5bn, tasking bankers from Morgan Stanley and Houlihan Lokey with [...]
The future of the Swiss Alps? A ski holiday in Andermatt February 19, 2025 In the social hierarchy of Swiss Alps ski resorts, Andermatt has long sat in the shadow of its counterparts, but thanks to a raft of foreign investment in recent years, the former garrison town’s star is on the ascendancy. For now, at least, the ski area of Andermatt-Sedrun is regarded as fairly snow sure, usually [...]
Everything you need to know about tariffs February 19, 2025 The threat of tariffs mean businesses must check their exposure and figure out what’s going on in their supply chains, says Tim Sarson I’ve decided to write an article on tariffs. I don’t do this lightly. Not only is it political, it is dominating the news agenda. So I’ll steer clear of the politics or [...]
“LEAP 2025, leading the way in AI Investments” February 18, 2025 Inside Saudi Board Sir Martin Sorrell is the founder of S4 Capital, whose wholly owned subsidiary Monks is a marketing and services model with a key focus on AI. It has thousands of digital experts working across almost 60 talent hubs in over 30 countries. Sir Martyn Lewis caught up with Sir Martin when he [...]
Value of UK housing stock hits £9 trillion for the first time February 17, 2025 The total value of all homes across the UK has passed £9 trillion for the first time, according to new research by property firm Savills. After a brief slump in 2023, the UK’s housing stock grew by £346bn last year – meaning it is now more than 3.5 times the annual GDP of the UK. [...]
Elon Musk’s Tesla tumbles as BYD plans to use DeepSeek February 12, 2025 Elon Musk’s Tesla is on a sharp downward spiral, shedding 16 per cent in just over a week after Chinese rival BYD announced plans to develop autonomous vehicles with DeepSeek. Coming into Wednesday trading, the EV giant dropped for its fifth consecutive day. Its shares have plummeted 32 per cent since mid-December, when the firm [...]
Barratt Redrow shares rise on double-digit growth fuelled by merger February 12, 2025 Housebuilding giant Barratt Redrow has announced a significant jump in profit in the wake of Barratt’s acquisition of Redrow last year. Home completions rose 10.4 per cent to 6,864 in the six months ended December 29, while revenue rose 23.2 per cent to £2.28bn. Following its strong figures, Barratt Redrow’s shares rose by more than [...]