Unaffordable London house prices push first-time buyers to the north December 30, 2024 House prices across the UK have shown signs of rebalancing as prices come down in the capital and jump in the North West and Yorkshire. London has a house price to earnings ratio of 8.22, making it one of the least affordable places to live in the country, against a national ratio of 6.55. Seven [...]
James Bond film Goldfinger at 60: we take an Aston Martin to the Swiss filming locations December 28, 2024 Goldfinger is the very best Bond film, and there’s no arguing with Adam Bloodworth about it. The lifelong Fleming fan celebrates the film’s 60th by taking an Aston Martin for a spin through Switzerland for City AM The Magazine. Photos by Tobi Stidolph There’s a secret to cracking the reservedness of the Swiss – take [...]
Why the gold price will continue to rally in 2025 December 28, 2024 The untrammelled ascent of bitcoin has occupied the attention of many market watchers of late, with Donald Trump’s election to the White House sending the cryptocurrency – and others like it – on an eye-watering tear. Bitcoin has risen nearly 50 per cent since November 3 – the eve of the US election – while [...]
Caution persists in London’s prime property market after Budget hit December 27, 2024 A tense political and economic environment has left buyers of prime property cautious in the last few months of the year, with prices dipping in central London. House prices in Knightsbridge and Belgravia fell by two per cent and 1.5 per cent, respectively, while prices fell 0.8 per cent across the capital as a whole, [...]
Mark Kleinman: Hold the Telegraph front page – then hold it some more December 27, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles the Telegraph bid, Mike Ashley’s failed Boohoo approach and an oil deal in the North Sea I suspect you’d have got long odds on January 1 on the auction of The Daily [...]
London’s poshest district is nearly 100 times pricier than the north of England December 23, 2024 Knightsbridge has been named the most expensive district in London and the UK, with the average house price coming in at a whooping £21.4m. That’s nearly 96 times the average price of a home in the north of England. The West London region is home to the capital’s most expensive residential site, Knightsbridge’s One Hyde [...]
CHMC ACCREDITATION: Elevating Standards in the UK’s Professional Services Sector December 19, 2024 Competition is alive and well in the UK’s professional services sector. It drives businesses to continually evolve and adapt and SMEs are always seeking ways to stand out and break through. Professionals are continually looking to improve their skills, develop their talents and prove their worth. Buyers are insisting on ever-greater value for money and [...]
London rents rise again as house prices hold: ‘It is nothing short of brutal’ December 18, 2024 Rents in London have continued to show double-digits rises despite a stablisation in the housing market and lower mortgage rates. Average UK private rents increased by 9.1 per cent in the 12 months to November 2024, with rents in London up 11.6 per cent, according to the latest ONS figures. Propertymark chief Nathan Emerson called [...]
Housing market braces for the New Year rush December 16, 2024 The housing market is getting ready for a big Boxing Day bounce following a seasonal dip in house prices this month. New seller asking prices dropped by 1.7 per cent in December to £360,197, according to Rightmove, but ended the year 1.4 per cent above December last year. Activity remained substantially stronger than the same [...]
Equals finally strikes £283m takeover deal with Lord Hammond-led group December 11, 2024 Equals Group is set to merge with the payments firm chaired by Lord Hammond after striking a £283m takeover deal today, potentially drawing a line under a protracted period of talks that has dragged on for more than a year. The Aim-listed payments outfit, which first addressed a potential takeover by a separate group of [...]