FTSE 100 index opens up on supermarkets as share price of Tesco, Sainsbury’s and Marks & Spencer rise following Morrisons results January 12, 2016 The FTSE 100 index opened higher this morning as housebuilders and supermarkets made gains. The UK's blue-chip index rose 0.2 per cent to 5,883 points, led higher by Tesco, Sainsbury's and housebuilder Berkeley Group. The index made gains despite continued scepticism about the state of the Chinese economy. Read more: And they’re off – Shire and Baxalta agree $32bn [...]
Focus On Croydon: The affordable South London hotspot that’s getting a £1bn facelift January 8, 2016 If there’s one thing we learnt from the London property market in 2015, it was not to underestimate the outer boroughs. Some of the largest house price growth increases were to be found in these supposed backwaters. Growth in places like Haringey and Hillingdon far outstripped traditionally prime areas like Kensington & Chelsea and Camden, [...]
FTSE jumps as investors cheer the Fed rate rise – London Report December 18, 2015 TOP SHARE index, the FTSE 100, climbed yesterday, tracking gains on other equity markets after investors took the first US interest rate rise in nearly a decade as a sign of policymakers’ confidence in the world’s biggest economy. The FTSE rose 41 points, or 1.2 per cent to 6,102 points, but is down by around seven [...]
Property, Taylor Wimpey and the US dollar: Here are some of the best investments of 2015 December 11, 2015 Investing is always a bit of gamble, creating both winners and losers. So what did this year's winners invest in? There are no prizes for guessing property continued to provide investors with a sizeable return throughout 2015. Demand continued to pull away from supply at a dizzying rate. However, growth in London's Luxury market slowed slightly. Anyone who was lucky [...]
Anglo American is on track to join Lonmin and other struggling miners in the FTSE’s 90 per cent club December 11, 2015 Anglo American could be the next miner to join the FTSE's 90 per cent club, as the ongoing commodities rout takes its toll. The 90 per cent club is the one company nobody wants to join: made up of members of the FTSE all share who have lost more than 90 per cent of their value over the [...]
Focus On Dalston: Why City workers still dig it November 30, 2015 Dalston may have become a byword for a certain type of bearded hipster in recent years, but there’s much more to the area than meets the eye. While Hackney has been through a tremendous change, Dalston has probably seen the greatest amount of it next to Shoreditch. There are now too many hot bars and [...]
FTSE 100 rises despite housebuilders’ fears over new tax – London Report November 26, 2015 George Osborne’s announcement yesterday that he plans to raise property tax for those who buy a house in order to rent it and on second homes curtailed hefty gains made by housebuilders. However, in general, investors signalled their approval of the chancellor’s Autumn Statement, with the blue-chip FTSE 100 index finishing one per cent higher [...]
FTSE 100 index opens higher as housebuilders rally on chancellor George Osborne’s Autumn Statement national housing budget plans November 25, 2015 The FTSE 100 index was up in mid-morning trading, led by housebuilders which cheered chancellor George Osborne's plans to double the national housing budget when he presents his five-year spending plan later today. The UK's top blue-chip index rose 0.82 per cent to 6,329 points. Persimmon led the index higher, its share price rising 6.06 per cent to 1,890p [...]
FTSE closes up despite losses from Sainsbury – London Report November 12, 2015 FALLS in supermarket, miner and housebuilders’ shares yesterday did not prevent the FTSE 100 rising marginally. The UK’s blue-chip index rose 0.35 per cent to 6,297 points. The largest casualty, by some way, was Sainsbury, which reported profits had slumped 18 per cent and slashed its interim dividend by a third. Sainsbury’s group sales were down [...]
At the close: FTSE 100 closes marginally up despite losses from Sainsbury, housebuilders and miners November 11, 2015 The FTSE 100 rose marginally on Wednesday, despite by falls in Supermarkets, miners and housebuilders. The UK's top blue-chip index rose 0.35 per cent to 6,297 points. The largest casualty, by some way, was Sainsbury, which today reported profits had slumped 18 per cent and slashed its interim dividend by a third. Sainsbury's group sales were down two per [...]