Super Bowl, Premier League and Six Nations: London’s pubs ready for a very big weekend February 9, 2024 Super Bowl, Premier League and Six Nations: London's pubs ready for a very big weekend
S&U plunges 10 per cent after issuing profit warning as motor finance arm suffers from ‘weak consumer confidence’ February 9, 2024 Specialist auto and property lender S&U has issued a profit warning ahead of its full-year results amid an “intemperate economic climate”, while an FCA probe looms over the sector.
Mortgage arrears rose by a quarter in a year as higher interest rates bite February 8, 2024 According to the latest UK Finance figures, homeowner mortgages in arrears increased seven per cent on the previous quarter.
Victoria Scholar: The economic clouds are parting – for housebuilders, at least February 8, 2024 Victoria Scholar is head of investment at interactive investor and writes a fortnightly notebook for City A.M. In a surprise announcement, Britain’s largest homebuilder Barratt Developments has offered to buy smaller FTSE 250 rival Redrow in a £2.52 billion deal. The announcement skyrocketed shares in Redrow, while Barratt extended its year-to-date declines. The new ‘Barratt [...]
Hiring this February? You’ll be more successful if you understand the priorities of today’s talent February 8, 2024 Chances are, some of the most talented people in your organisation are looking for a new job right now. You might even be looking for one yourself. After all, February is renowned for being a busy month for recruiting staff as managers take advantage of new hiring budgets granted at the start of the year. [...]
Labour’s plans for workers’ rights must ‘strike balance’, experts warn February 8, 2024 Labour’s plans to beef up workers’ rights must “strike a balance” between the needs of firms and staff, bosses and experts have told CityA.M.
Give councils more tax flexibility amid financial strain, ministers urged February 8, 2024 Councils should be given more free rein to raise local taxes to shore up ailing finances and then “suffer the consequences” at the ballot box, MPs have heard.
UK housing market: Borrowers weigh up taking the plunge, or waiting for rates to fall further February 7, 2024 After a torrid year, the outlook for the UK’s property market is poised to improve. A number of reports have suggested that house prices will continue to drop, which will hopefully help more would-be-buyers finally get on the housing ladder, even if this negatively impacts those who already have property, and want to see its [...]
12-storey Canary Wharf tower 5 Churchill Place sold at loss of 60 per cent February 6, 2024 A 12-storey tower in Canary Wharf has reportedly been sold for 60 per cent less than its 2017 purchase price.
Springfield: London-listed property developer inks £15m affordable housing deal February 6, 2024 Scottish housebuilder Springfield has won a £15.3m contract to build affordable housing in the region. In an update this morning, the London-listed firm said it would be working with Highland Housing Alliance to complete the homes. Innes Smith, chief of Springfield Properties, said:“Within the last eight months, we have signed contracts worth circa £40m with [...]