House price growth falls for fourth consecutive month, worst run since 2008 December 30, 2022 House prices have plummeted for the fourth consecutive month by 2.8 per cent in December, the worst run since the financial crisis of 2008. Nationwide’s latest House Price Index shows this month proved to be another sharp slow down in growth down from 4.4 per cent in November. House prices fell by 0.1 per cent [...]
EXCL – Why Private Equity’s appetite for aggressive takeovers will only increase in 2023 December 29, 2022 It’s no surprise that economic turmoil often drives consolidation. Companies may be struggling to survive and looking to M&A as a way to drive value. Not to mention the current weak pound that makes UK-based businesses, especially those with a global footprint, more attractive to overseas buyers. City experts don’t expect that to change in [...]
‘Bank of mum and dad’ to return in fight against mortgage and rent double whammy December 27, 2022 The “bank of mum and dad” may be called upon for more help in the new year, as aspiring first-time buyers deal with a double whammy of higher mortgage rates and surging rental costs while they try to save. But for those buyers who are able to make the jump onto the property ladder next [...]
Gove backs new design school to challenge ‘indifferent and insipid’ town planning December 27, 2022 Michael Gove has said new housing developments are let down by “indifferent or insipid” town planning, as he calls for a new school for designing. The Levelling Up Secretary made his comments in a foreword for the conservative think tank Policy Exchange, in which he bemoaned modern architecture, saying “all too frequently in Britain the [...]
End of the exodus? Number leaving London begins to fall December 26, 2022 Moves away from London appear to have passed a peak, with estimates suggesting around 20,000 fewer properties being bought outside the capital this year than in 2021. In a year which has seen strong house price growth outside London, just over a quarter (26%) of “London leavers” in 2022 bought properties with at least four bedrooms, down from 30% [...]
Best of 2022: Sir Geoff Hurst: ‘My own memory could fade. You expect it to happen’ December 25, 2022 In this exclusive interview first published in July 2022, Sir Geoff Hurst says seeing most of his 1966 World Cup winning team-mates suffer with dementia convinced him to preserve his memories in the form of a digital artwork and raise money for Alzheimer’s charities. Every morning Sir Geoff Hurst goes for an hour-long walk through [...]
Dealmaker’s Spotlight: Oakwell Sports Advisory December 21, 2022 Datasite recently spoke with Alex Coral, VP, Oakwell Sports Advisory, to hear his thoughts and insights on why sport and its related assets remain a popular investment, even during a downturn. Oakwell is a dedicated corporate finance and strategic consultancy boutique that advises sports rights holders and investors on commercial strategy, financing options, and valuation. [...]
The Metaversal Evolution Will Not Be Centralized December 20, 2022 Crypto fuels the metaverse Traditional fiat has and always will be devalued by central banks. It is only a matter of time before the Fed moves from QE-lite to full blown QE, spurred by another crisis. This is why crypto which acts as fuel for the metaverse is so important. The metaverse is simply communication [...]
Blockchains are changing the way you buy your home December 19, 2022 Blockchains are changing the way you buy your home – blockchain technology has already been successfully used for a number of years in Australia by a company called PEXA, which has recorded over 11million property transactions. The same firm has recently set its sights on the UK to revolutionise the way that mortgages are handled [...]
Matalan’s founder John Hargreaves makes last attempt to retain control December 18, 2022 John Hargreaves has reportedly made a last attempt to keep control of Matalan, making a 50-50 offer with Elliot Advisors’ private equity arm. The 78-year-old businessman, who floated the company almost 25 years ago, is among one of Matalan’s four potential buyers. The other three are the retailer’s senior lenders and private equities Alteri and [...]