Persimmon and Taylor Wimpey sign up to government’s cladding pledge April 5, 2022 Housebuilders Persimmon and Taylor Wimpey have signed the government’s developer pledge to remove unsafe cladding in tower blocks installed within the past three decades. The pledge commits house builders to fix dangerous cladding and other fire safety issues in buildings over 11 metres. Taylor Wimpey revealed it was signing up to pledge on Tuesday afternoon, [...]
Household energy bills could rise £600 this winter April 3, 2022 Household energy bills could rise over £600 this winter, warns energy specialists Cornwall Insight as the cost of living crisis worsens.
Bellway forecasts average selling price will top £305k in hiked guidance March 29, 2022 Property developer Bellway has said it expects its average selling price to be more than £305,000, up on previous guidance. In half-year results, revenue rose 3.5 per cent to £1,780m, up slightly on 2021’s figure of £1,720m. The housing developer said the forward visibility provided by the order book meant that the average selling price [...]
Putin pushes for rouble payments causing gas prices to spike March 23, 2022 Russia will seek payment in roubles for gas sales from “unfriendly” countries revealed President Vladimir Putin today.
Office for Budget Responsibility warns household energy bills could double this year March 23, 2022 Energy bills could spike 40 per cent this winter, warned the OBR, placing further pressure on cash-strapped households.
Gas prices volatile amid geopolitical uncertainty March 21, 2022 Natural gas prices have dropped heavily from historic peaks, but remain volatile and elevated amid sustained geopolitical tensions.
Investec set for profit boost after pandemic slowdown March 18, 2022 Anglo-South African banking giant Investec is set to report bumper profits this year as it rebounds from a pandemic slowdown in 2020.
Think tanks call for government to ensure secure gas supplies as market crisis deepens March 16, 2022 Think tanks call on government must ensure gas supplies are resilient this winter following Russia's invasion of Ukraine and spiking wholesale costs.
Octopus Energy calls on government to speed up wind power developments March 16, 2022 Octopus Energy (Octopus) has called on the government to cut red-tape and speed up the building process for ramping up wind power in the UK.
City Moves: Who’s switching jobs in the Square Mile? March 16, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Investec Investec Wealth & Investment has hired a new investment director for London. Justine Lobel, who joins from wealth management firm Sanlam, has been in discretionary portfolio management for more than a decade, at wealth managers including [...]