What the other papers say this morning January 16, 2011 FINANCIAL TIMES RBS DIRECTOR TO STEP DOWN FROM BOARD One of the last Royal Bank of Scotland directors to remain on the bank’s board from the days of Sir Fred goodwin is poised to step down from his role. Colin Buchan, 56, a former UBS investment banker who until recently was chairman of RBS’s remuneration [...]
Bovis warns over weak mortgage volumes January 14, 2011 Bovis Homes expects full-year profit to come ahead of estimates on higher selling prices and plans to restart dividends, but the housebuilder warned of a subdued year ahead. “Mortgage approval volumes remain weak, with mortgage providers requiring high levels of deposit, particularly from first time buyers,” the company said in a statement. British homebuilders are [...]
BASILDON January 13, 2011 BEECHWOOD VILLAGE Price: £234,000 A contemporary four-bedroom home with style and eco-credentials. Its slick interior belies this property’s energy-efficient design which promises reduced carbon emissions and a sizeable dent in your energy bill. Leafy avenues, a cycle lane and an ecological park comprise this house’s idyllic environs. Contact: Swan New Homes on 08000 195005 or [...]
PROPERTY NEWS January 13, 2011 REMEMBER THE RIGHT TO MANAGE Leaseholders should “take control” of their properties and stop getting “ripped off” by managing agents, says block management specialists Urban Owners. Over 70 per cent of lease-holding flat owners are unaware of the Right to Manage – government legislation which gives them the right to take over the management of [...]
BUYING January 13, 2011 MANAGING PARTNER OF BLACK BRICK PROPERTY SOLUTIONS LLP Q.Q: What are your predictions for the 2011 property market? Will there be more stock? When is a good time to buy? A.The prime central London property market has constantly suffered from a shortage of stock, and our advice for potential buyers looking for a home is [...]
United set for another away day stalemate January 13, 2011 TOTTENHAM vs MANCHESTER UNITED SUNDAY – 4.10PM SKY SPORTS 1 SOMETHING is going to have to give at White Hart Lane on Sunday afternoon if either Tottenham or Manchester United are going to walk away with a victory. United are still unbeaten in the league this season, while Spurs have lost just once on home [...]
What the other papers say this morning January 11, 2011 FINANCIAL TIMES LAWYERS URGE HUNT TO BE CAREFUL OVER SKY BID Jeremy Hunt must act carefully to avoid legal challenge to his role in regulating News Corp’s proposed bid for British Sky Broadcasting, after his department sent Rupert Murdoch’s company a key document, lawyers said. Three competition experts yesterday said the culture secretary’s move could [...]
What to do about financial illiteracy January 10, 2011 HERE is a suggestion for the City’s top banks: each should make an immediate and very large donation to a special new educational fund for financial literacy. I’m talking real money here, hundreds of millions for each of the mega-banks, as well as contributions from big insurers and wealth managers – when I first started [...]
What the other papers say this morning January 9, 2011 FINANCIAL TIMES GOLDMAN TEAM RAISES MONEY FOR NEW FUND The last big proprietary trading team at Goldman Sachs has begun raising money to start a new hedge fund independent of the bank, for launch in the second quarter of this year. The team – led by two senior members of Goldman Sachs’ Principal Strategies desk, [...]
PROPERTY NEWS January 6, 2011 WHERE TO BUY IN 2011 Predictions for the property market may be uncertain, but independent homefinders network County Homesearch has named the areas it expects to be bucking the trend for sliding prices. These include perennial favourites like Alderley Edge in Cheshire, Exeter in Devon and East Hampshire, but it also names places such as [...]