JJB Sports calls time as it hires administrators September 25, 2012 AILING retailer JJB Sports yesterday confirmed it will appoint administrators after failing to receive an offer for the entire company, putting up to 4,000 jobs at risk. Shares in the group – which were worth a total of as much as £1bn a decade ago – were suspended yesterday and remaining investors, including US tycoon [...]
The ideas emerging from Lib Dem conference dissolve under scrutiny September 24, 2012 SOMETIMES, it’s hard not to feel rather sorry for the Liberal Democrats. After the public relations disaster of Nick Clegg’s toe-curling apology on tuition fees last week, the party faithful have gathered in Brighton only to be battered by violent storms. The Lib Dem leadership was hoping to pilot a course to sunnier political climes [...]
Rocha: the man of every moment September 13, 2012 There is only one day to go before John Rocha shows his spring/summer 2013 collection to a full house of the industry’s most prominent editors and buyers – and he’s calm. So calm, in fact, that his relaxed demeanour is in stark contract to the chaos around him, as models rush in from various castings [...]
Mortgage lending booms in July as market strengthens September 12, 2012 A JUMP in loans to home movers outweighed a slip in lending to first-time buyers, data from the Council of Mortgage Lenders revealed yesterday, leading to an overall increase in mortgage market lending. There were 30,500 loans made to homeowners moving house in July, up 8.2 per cent from June, together totalling £5.1bn, again up [...]
Your first move onto the property ladder September 9, 2012 UK HOUSE prices saw their biggest fall for a year in the three months to July 2012, according to the Royal Institution of Chartered Surveyors (Rics). But the capital is bucking the trend. London property prices grew by 6.5 per cent over the last year, according to last quarter’s Greater London Authority London Housing Market [...]
To nest or invest is the crucial decision buyers must make September 9, 2012 FOR most, buying a property is likely to be the most expensive purchase that they will ever make. As such, one of the key decisions that buyers face is where to buy their property. The average price of a London property currently stands at £302,000, according to Nationwide. But the performance of house prices have [...]
Maybe it’s because you’re a Londoner: The capital is optimistic about prices September 9, 2012 Take a step back before deciding if your glass is half full or empty IT IS often hard to move for the number of property analysts discussing price movements in the housing market. But what do UK households think? The Knight Frank/Markit House Price Sentiment index sets out to answer that question. Every month, we [...]
More homes would make climbing the second step easier September 9, 2012 GETTING a foot on the property ladder is hard. But, taking the second step could be even harder. Agonising market conditions mean that it could now be the most challenging time to be a “second stepper” in years. Research shows that a first-time buyer stays in their first property for around four years. Since the [...]
Affordable housing rules dropped to boost builders September 6, 2012 HOUSEBUILDERS and business organisations yesterday welcomed the government’s decision to temporarily relax planning laws as Downing Street announced it would scrap the requirement for private developers to build affordable housing in an attempt to kick-start a construction boom. Under existing rules builders are required to designate a set percentage of every development either for housing associations [...]
City Views | Have you bought a new car this year? September 6, 2012 HANNAH DISS SNR DENTON I will probably in the next 2-3 years but at the moment I can’t. Fuel duty and road tax are huge costs and I don’t think the government is doing enough for the consumer, especially first-time buyers like me. ANDY TAYLOR I’m Australian and haven’t bought a car in the UK [...]