Time to buy? Shares are up as Hotel Chocolat says it’s ‘on the front foot again’ October 12, 2023 Hotel Chocolat CEO said the "hard work" of a turnaround plan was beginning to pay off
Is this the worst time ever to rent in the UK? That’s what the numbers say October 12, 2023 Rents will rise by five per cent next year because of a mismatch between rising tenant demand and falling supply
Frontline LE60 and BEE GT: V8 and electric MGB restomods driven October 11, 2023 Tim Pitt drives two very different MGB restomods from Frontline: the V8-engined LE60 and the fully electric BEE GT.
Metro Bank fundraise averts immediate threat – but what next? October 9, 2023 Metro Bank's emergency capital raise has reassured investors for the moment, but analysts warned the bank needed to develop a more convincing investment case if it is to survive.
Aviva share price soars as takeover speculation swirls October 6, 2023 Aviva shares soared by around 10 per cent this morning, spurred by fresh but unconfirmed reports it could be the target of a takeover bid from a foreign buyer.
FTSE 100 close: London ends week higher after US jobs growth smashes forecasts October 6, 2023 London markets opened higher this morning despite a fall in house prices for the sixth consecutive month in a row.
Mark Kleinman: Ascential’s messy breakup, audit tensions and ARGA’s impasse October 5, 2023 Mark Kleinman, City editor of Sky News, writes weekly for City A.M. This week he talks Ascential, FCA tensions and the ARGA impasse.
M&A is finally finding a way out of last year’s doldrums as pace of deals picks up October 3, 2023 There are signs of M&A green shoots with pace of dealmaking picking up after rising interest rates, market volatility and geopolitical tensions
London house prices fall 3.8 per cent in third quarter in ‘subdued’ market October 2, 2023 The cost of a home in London has fallen annually by 3.8 per cent in the three months to September, narrowing from a 4.3 per cent fall in the previous quarter, as the housing market shows signs of remaining fairly subdued despite cooling inflation. According to Nationwide’s latest report on the market, house prices were [...]
House sales fall by 16 per cent amid increase in mortgage rates – as industry looks at shoots of recovery September 29, 2023 The number of house sales fell by 16 per cent in August compared with the same month a year earlier, according to provisional HM Revenue and Customs (HMRC) figures. An estimated 87,010 home sales took place across the UK last month, which was 16 per cent lower than in August 2022 but 1% higher than [...]