London homeowners saving less money as gap between renting and buying narrows March 27, 2024 In London, the monthly difference between renting and buying is just one per cent. Buyers in the capital save £12 a month compared to their lodging counterparts.
Grayscale’s GBTC distorts the ETF picture March 26, 2024 One of the primary drivers of crypto’s appreciation are easing monetary conditions. Last cycle, Covid-19 fiscal and monetary policy measures kicked off the bull market. Lower interest rates, furlough and stimulus checks, meant individuals had more time, and money, on their hands. Many chose to delve into financial markets with their additional resources. This was a perfect storm for the crypto market - growing nearly 28 times within 20 months. Is the perfect storm this time not going to include a world-halting pandemic and simply be crypto ETF adoption?
‘Rip off’: Brits spent eight times their salary buying a home – and in London it’s much worse March 25, 2024 Brits in full time work spent over eight times their annual earnings buying a home last year, and London dwellers are being hit the hardest.
Peugeot 508: French fastback a stylish alternative to an SUV March 23, 2024 The Peugeot 508 GT PureTech 130 is an executive car that does things differently. John Redfern spends a week driving it.
Santander proves international trade possible for Britain’s SMEs – with the help of Gary Neville March 23, 2024 The Santander Navigator programme was launched in 2022 with the aim of bridging the gap - it now covers 35 markets worldwide.
Gucci, Prada, and Burberry are no longer in Vogue as ‘richcession’ bruises luxury sales March 20, 2024 A profit warning from the parent brand of Gucci has sunk the share price of not only the brand but also its rivals, in the latest sign that luxury designers are falling out of fashion with investors.
House prices show stability despite higher interest rates, but rents continue to surge March 20, 2024 The average price of a home was £2,000 cheaper in January when compared to the exact same period the year before, according to new government figures.
Currys shrugs off lack of takeover offer by raising profit forecast for the year March 18, 2024 Tech retailer Currys has officially ended its period for considering takeover bids without securing any offers.
The best way to bring house prices down is to get building March 18, 2024 Crash? What crash? A much-feared slowdown in house prices – due to hit last year – appears to have been more of a speed bump than a full snarl-up, with all the indicators now pointing green once again. That is of course good news for homeowners and will bail a few out of negative equity. [...]
Mortgage arrears surge 50 per cent to seven-year high as Brits squeezed by higher rates March 12, 2024 The proportion of UK mortgages in arrears rose to its highest level since 2016 at the end of 2023, according to data from the Bank of England, as borrowers are squeezed by high interest rates and household costs.