House prices continue to climb in nightmare scenario for first-time buyers even though buyer interest is slowing August 15, 2022 House prices continue to move firmly upwards and are still expected to be higher in a year’s time, according to the Royal Institution of Chartered Surveyors (RICS) this afternoon. The numbers are somewhat surprising given that surveyors have seen the longest stretch of shrinking buyer demand in the housing market since the early stages of [...]
Used car market shrinks due to knock-on impact on new vehicles August 10, 2022 The UK used car market has shrunk by almost 19 per cent in the second quarter of this year due to the knock-on impact of semiconductor shortages on new vehicles. According to data published today by the Society of Motor Manufacturers and Traders (SMMT), 1.7 million second-hand transactions have taken place – down by 407,820 [...]
Investors reach for the bottle as inflation soars August 9, 2022 Nervous investors are turning to wine as a steady store of value as inflation climbs.
City Moves: Who’s switching jobs in the Square Mile? August 4, 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. Knight Frank Knight Frank has poached its latest partner from CBRE, as the property consultancy looks to grow its landlord project management offering. James Orchard joins the project and building consultancy team and will advise clients on [...]
Metropolis – Rania and Rashid Ajami August 2, 2022 From the Andrews Sisters to the Jackson Brothers, sibling harmonies are well known and respected. In business too, family run operations head some of the best known ABC & Son/Daughter combinations – but what happens when you take two artistic siblings and merge them into one business? Metropolis World is the answer. Metropolis World, a [...]
City Moves: Who’s switching jobs in the Square Mile this week? July 21, 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. Knight Frank Property consultancy Knight Frank has named its new head of farms a real estate, after Clive Hopkins retired after more than three decades with the firm. Will ‘Stan’ Matthews will oversee day-to-day management of [...]
Legal market slump could force lawyers back into offices, Keystone Law chief says July 21, 2022 A slump in the market for legal services could see the UK’s top law firms put greater pressure on their lawyers to return to offices and see them begin to lay off newly hired staff, Keystone Law founder James Knight told City A.M. The push could in turn benefit fully-remote law firms such as Keystone [...]
Money matters – Financial literacy: A vaccine for life July 12, 2022 Could a double dose of financial literacy combined with experience help households make more rational financial decisions? What can be done to enable households to make more rational financial decisions? In the wise words of Warren Buffet, one of the greatest investors of all time, invest in yourself by accessing the latest financial education for [...]
Rishi, Penny, Kemi or Jeremy: Meet the Tory leadership runners and riders fighting to replace Boris Johnson July 12, 2022 The Tory leadership race gained momentum over the weekend, with opening gambits coming thick and fast from candidates across almost every wing of the party. Rishi Sunak, who wasted no time on Friday in publicly stating an intention to stand, remains an early favourite. But a host of hopefuls, including Nadhim Zahawi, Grant Shapps and [...]
Thor: Love and Thunder is a fun romp but this franchise is getting old July 9, 2022 Despite eight Marvel Cinematic Universe titles planned for this year (three films, five TV shows plus specials), audiences show no sign of superhero fatigue. May’s Doctor Strange is the second highest grossing release of the year, while Moon Knight and Ms Marvel have introduced new facets to the entertainment juggernaut. Can Taika Waititi, the man [...]