Reeves: UK pension funds should follow Canadian model to ‘unlock billions’ August 7, 2024 Rachel Reeves wants UK pension funds to “unlock billions” in investment and deliver for British savers by following the Canadian model.
Flight to quality gets underway as half of London offices set to be ‘unlettable’ by 2027 August 7, 2024 Changes to energy efficiency requirements mean that a majority of office spaces in the capital won’t meet the minimum standard for leasing within the next four years, making it a race to re-fit before 2027. Minimum energy efficiency standards (MEES) currently require that rented commercial properties in England and Wales have a minimum EPC rating [...]
The Notebook: Why financial firms should pay more attention to first-time investors August 7, 2024 Where the City’s movers and shakers have their say. Today, it’s Max Rofagha, CEO of Finimize, with the pen, talking first-time investors, the Tiktok Olympics and what to add to your reading list As interest rates come down, what do we need to know about first-time investors? Following the Bank of England’s first rate cut [...]
UK house prices surge to highest point since January to end months of stagnation after rate cut August 7, 2024 Renewed momentum in the property market has seen UK house prices rise at the highest rate since January, ending a three-month spell of stagnation. House prices increased by 0.8 per cent in July, with the average property now costing £291,268, up from £289,042 in June, according to the Halifax house price index. This surge sets [...]
Legal & General beats profit estimate and raises dividend amid strategic overhaul August 7, 2024 Legal & General (L&G) has raised its dividend as its profit for the first half of 2024 exceeded expectations, after its new chief promised a "simpler" future.
Rachel Reeves’s investment cuts ‘concerning’ and send a ‘worrying signal’ says think tank August 7, 2024 In its latest set of forecasts, the National Institute for Economic and Social Research (NIESR) warned that the new government would fall well short of its growth target unless it lifted public investment.
Ahead of the Game: Treasury cost-cutting to hit Manchester United £2bn stadium plans August 7, 2024 Rachel Reeves could scupper Sir Jim Ratcliffe's more ambitious stadium hopes.
Are you really better off investing in Manchester property over London? August 7, 2024 It seems a universal truism that Londoners will complain about house prices in the capital, and grumble about not having invested twenty years ago (even when they’re barely mid-twenties themselves). It is true that the housing market is London would have been a brilliant investment in the year 2000: prices have risen by more than [...]
Don’t be so quick to dismiss the ‘doped Olympics’ – at least they’re honest August 7, 2024 The Enhanced Games have faced a lot of criticism, but are they really any less fair than the Olympics, asks Paul Ormerod Despite all the glitches and the controversies, the Olympics have provided a great spectacle of skill and prowess. Not least was the dramatic men’s 100 metres final, won by America’s Noah Lyles by [...]
Italy holidays: Why the Dolomites are perfect for summer August 6, 2024 Italy holidays: this mountain is at its best in the summer months, says Libby Brodie If you ever wondered what it’s like visiting a ski destination in summer, let me tell you that the rumours are true: it really is like stepping into a Hans Christian Anderson fairytale. At least, this was my first impression [...]