UK house prices rise by an average £36,000 in just 12-months October 19, 2022 The average cost of a home in the UK has risen by £36,000 in just 12-months, according to official figures, as homeownership falls further out of reach for many. The jump is more than the average Brits’ annual salary, and comes at a time when rising mortgage rates are acting as yet another barrier to [...]
Shares jump for housebuilders as stamp duty survives mini-budget u-turns October 17, 2022 Shares jumped for this afternoon after stamp duty cuts survived Jeremy Hunt’s mini-budget backtrack. Major players like Barratt Developments, Persimmon and Taylor Wimpey all saw their stock rally after the new chancellor’s emergency statement this morning. Barratt’s shares climbed nearly four per cent, whilst Persimmon and Taylor Wimpey were up nearly five per cent. Hunt [...]
Made.com receives non-binding proposals in rescue sale talks October 17, 2022 Made has said it has recieved “a number of” non-binding indicative proposals, as the online homeware retailer searches for a buyer amid tumbling sales. After reviewing the proposals, the board has invited” a select number of parties” to progress towards firm offers by the end of October, following a due diligence process, Made said on [...]
Dealmaker’s Spotlight: Evercore October 17, 2022 Datasite recently spoke with Alexander Asher, Vice President, Consumer-Retail Team at Evercore, to hear his thoughts and insights on market conditions, trends, and technology. Evercore is a premier global independent investment advisory firm. Founded in 1995, the firm has advised on over US$4.7 trn M&A and restructuring transactions. Headquartered in New York, it has 17 advisory [...]
Exclusive: Government has botched Bulb crisis, says Westminster chair October 13, 2022 The Government has wasted Bulb protracted and pricey stint in administration, driving up costs for consumers.
Claressa Shields v Savannah Marshall and the rise and rise of women’s boxing October 13, 2022 The last time Savannah Marshall and Claressa Shields met in a boxing ring, they were both amateurs with no realistic prospect of making a good living from the sport. A decade on, the bitter rivals are due to renew hostilities at the top of the professional ranks on a historic occasion that promises to earn [...]
Trust the code, not the confused October 7, 2022 Rufus Round, CEO of GlobalBlock says political systems need to adapt to the crypto and digital assets technology heading their way.
‘Buying Bitcoin for $1 then selling for $75 was a beautiful sensation October 4, 2022 Alessandro De Grandi, CEO and founder of The Nemesis, talks about Web3, the metaverse, virtual reality and NFTs.
Wealthy buyers turn to cheaper London homes as sterling shrinks October 4, 2022 Buyers are seemingly turning to cheaper London homes amid a shrinking pound, despite a “rejuvenated level of foreign interest”. Demand for London homes worth more than £10m has fallen consistently in the first half of the year, while London’s prime market, of homes valued between £2m and £10m, has enjoyed an uptick. According to research [...]
Young buyers drive private jet boom as owners under 45 surge September 26, 2022 Young buyers are among the main drivers behind the private aviation boom as jet owners under 45 have increased by 20 per cent in the last five years. Data from private jet brokers Jetcraft showed that in Europe 24 per cent of pre-owned jet buyers are younger than 45, with numbers increasing to 38 per [...]