House prices ‘gathering steam’ before stamp duty changes January 30, 2025 The UK’s housing market got off to its strongest start in three years in 2025 as both demand and supply increased, according to new data. Buyer demand was up 13 per cent and 10 per cent more homes were on sale, with rising sales supporting UK house price inflation of two per cent year on [...]
EE: Home nations agree four-year contract extension with telco January 29, 2025 The Football Association (FA) will continue with EE as its lead partner after the telco signed a four-year contract extension. The agreement covers the England men’s and women’s senior teams, the 90,000 capacity Wembley Stadium and the other three home nations football associations up to the 2028 Euros, which Great Britain and Ireland will co-host [...]
London’s top spot for super-prime property crowned January 29, 2025 Belgravia has taken the crown as London’s most-sought-after super prime neighbourhood, home to more than a tenth of sales in the capital last year and overtaking Chelsea for the first time since 2020. The area was even home to London’s first super prime deal of 2025, a £38m mansion on Wilton Crescent. “Belgravia has benefited from [...]
Foxtons: Share price soars after London estate agent outperforms market January 28, 2025 London estate agents Foxtons has reported double digit growth driven by market share gains in both sales and lettings. Revenue in the year ended December 2024 grew 11 per cent to £163m, from £147.1m in 2023, while adjusted operating profit grew 33 per cent to £19m, from £14.3m in 2023. Its share price rose nearly [...]
Burberry: Shares spike as luxury giant’s transformation shows green shoots January 24, 2025 British luxury brand Burberry has reported a boost in demand for its core products after implementing a wide-ranging turnaround plan, although overall revenue has continued to fall. The company’s share price rose more than 14 per cent in early trades. Total retail revenue in the 13 weeks ended December 28 fell seven per cent, from [...]
The UK’s housing crisis is creating a generation of broke retirees January 24, 2025 The affordability crisis in the UK housing market is creating a generation who will still face monthly mortgage or rent payments well into retirement, according to a new study. With deposits increasingly hard to save up for and mortgages increasingly burdensome, few people will be free of housing costs by 2050, unless something changes. A [...]
The British Business Bank is a partner for the scale-up economy January 22, 2025 As the British Business Bank celebrates 10 years of impact, its chair, Stephen Welton, looks ahead to a new decade bridging the gap between the public and private sectors Business is inherently risky which is why you very quickly learn not to take success for granted. When it comes, celebrate, reflect on what you did [...]
FCA chair: Our growth push will test UK’s risk appetite January 20, 2025 The Financial Conduct Authority’s (FCA) push to slash red tape and unleash growth in the City will test the UK’s appetite for risk, its chair has warned, accepting that two of its new proposals could open the door to more fraud and mortgage defaults. Writing in City AM today, Ashley Alder said the FCA will [...]
FCA: Going for growth means taking risks January 20, 2025 Ashley Alder, chair of the Financial Conduct Authority, says the financial services sector has long recognised that effective regulation can be a powerful enabler of growth. The question now is not should we embrace risk, but how much? January is a time to reflect, re-balance and re-focus. And this year, the relationship between regulation and [...]
Audi R8 V10 GT RWD review: A last blast in a landmark supercar January 18, 2025 The R8 was Audi’s first supercar – and might be its last. R8 production has already stopped and it won’t be replaced. After 18 years, two generations and countless special editions, this run-out V10 GT RWD (one of 333 cars worldwide, and only 15 allocated to the UK) is the end of the road. I [...]