How Westminster planning restrictions will choke off London’s super-prime property boom March 16, 2024 Changes to planning laws made by Westminster Council could see the current boom in super-prime developments shut off and bring a scarcity value to expensive central pads in the next few years. The local authority’s new restrictions, which were adopted in 2021 as part of the borough’s 2019-2040 ‘City Plan’, mean that no new residences [...]
Japan funds boom as stock market hits record high March 16, 2024 The Japanese stock market reached a 34-year high last month, and investors in the Asian market are getting the best news they’ve heard in decades. The Japanese Nikkei 225 has risen 42.5 per cent over the last year, compared to the 1.2 per cent growth in the FTSE 100 over the same period. Last month, [...]
Bensons for Beds still in the red as fewer customers visit stores March 15, 2024 Bensons for Beds cut its losses as sales passed £250m during its latest financial year, new detailed accounts have revealed.
‘Death by a thousand cuts’: UK insolvencies soar 17 per cent and exceed pandemic levels March 15, 2024 The government agency said this was higher than levels seen during the pandemic "while the government support measures were in place", with things like the furlough scheme. It is also higher than pre-pandemic figures.
Labour’s ticket resale price cap plan could risk ‘black market’, Viagogo warn March 14, 2024 Labour’s pledge to crackdown on ticket touts has been welcomed by the events industry, despite warnings from one resale site it could risk creating a “black market” for fans.
Direct Line: Top Ageas investor reportedly opposing takeover bid March 14, 2024 One of Ageas' top shareholders is reportedly opposing the Belgian insurer's attempt to acquire London-listed rival Direct Line after it has already been rebuffed twice.
What will get London workers back into the office? March 14, 2024 Last Friday, passengers began to travel with off-peak Tube and train fares and will be allowed to every Friday until 31st May, 2024. The new scheme – announced by Transport for London (TfL) at the end of January – is a bid to increase the number of people travelling on London transport after it was [...]
Alfa Financial posts uptick in profit as it unveils special dividend March 14, 2024 Asset finance software company Alfa Financial Software Holdings has posted an uptick in annual profits while announcing a special dividend as part of plans to return £9.7m to shareholders.
Record pay day for Timpson family as group ‘far exceeds expectations’ March 14, 2024 The Timpson family paid themselves the largest dividend in the group's recent history after its financial performance "far exceeded our expectations".
Gold could be set to hit new highs in 2024 March 14, 2024 The rally in gold prices has left market observers confused