House prices fall below December average as market waves goodbye to miserable year December 11, 2023 The price of a home fell by 1.9 per cent in December, according to the latest reading from property portal Rightmove.
Is 2024 time to buy as house prices stabilise? The latest data says… maybe December 8, 2023 House prices are expected to fall by two per cent next year, according to the latest reading from Zoopla, as the hangover from high mortgages appears to be dragging into next year. While slipping house prices can often be an indicator of poor economic health, house prices still remain around £40k above pre-pandemic levels. The [...]
Labour no longer ‘sneering at business’ as it calls in City grandees December 8, 2023 The Labour party has said it is no longer “sneering at business” as it announced 10 new advisers for the City, including the chief of the London Stock Exchange and former chair of the Financial Conduct Authority.
Labour’s City minister: We get you want clarity – and we’ll give it to you December 8, 2023 Labour's Shadow City Minister Tulip Siddiq writes for City A.M. on her party's new financial services council and why the Square Mile can expect evolution, not revolution, if they take power next year
Is Venezuela about to invade Guyana for its oilfields? December 7, 2023 Venezuela is trying to claim roughly two-thirds of neighbouring country Guyana following a recent referendum vote on an oil-rich land dispute. The area, known as Essequibo, is predominantly jungle but the oil off its coast is likely driving the action by Venezuelan president Nicolás Maduro, who said the proposal to set up a region there [...]
Why Investec is proud to sponsor rugby’s Champions Cup December 7, 2023 The bank's marketing chief explains why the partnership is a perfect fit.
UK Infrastructure Bank to create 500 ‘highly skilled jobs’ with £60m investment into British chip company December 6, 2023 The UK Infrastructure Bank (UKIB) has announced it is ploughing £60m worth of equity into Pragmatic Semiconductor.
Bank of England: Economy resilient but full force of interest rates yet to come December 6, 2023 UK firms have shrugged off the worst of a rapid interest rate tightening cycle this year but the full force of hikes is yet to filter through to businesses, the Bank of England warned today.
Investors pulling out of property funds thanks to ‘triple squeeze’ on sector December 6, 2023 Property funds were hard hit by outflows in November as fears rise that a temporary dip in property values may become more permanent.
‘We’re going for it. There is no turning back at this point – LIV Golf is here to stay’ December 6, 2023 The Asian Tour's International Series boss, Rahul Singh, is bullish about LIV.