Taylor Wimpey: Housebuilder holds guidance but warns of cost pressures January 16, 2025 Taylor Wimpey has said it’s on track to meet its profit target for the year, but echoing a similar warning from rivals Persimmon and Vistry, said rising costs could be a headwind to growth in 2025. The FTSE 100 firm expects an operating profit of £416m for 2024, down from £470.2m the year prior, according [...]
The Notebook: Impulse investing? How FOMO is driving young investors January 15, 2025 New research has shown how fast-changing trends are driving investing among young Brits. But will they regret throwing out the fundamentals?
Half of people with housing costs ‘starting 2025 worried about home or finances’ January 11, 2025 The Advertising Standards Authority (ASA) upheld two complaints about the video, one saying it glamorised smoking and another about it not being clearly marked as an “ad”.
Rachel Reeves or Liz Truss: Who really ‘crashed the economy’? January 10, 2025 Amid UK bond market turmoil, how does Reeves' budget compare to Truss' - and who is really responsible for 'crashing the economy'?
Property analysts forecast strong spring as stamp duty deadline looms January 10, 2025 Activity in the UK’s property market closely followed government policies on tax last year, something set to continue as the reality of the stamp duty deadline sinks in for first-time buyers. Real estate experts have predicted a burst of activity in early spring ahead of the end of stamp duty relief for first homes, which [...]
Mortgage rates to rise on back of bond market turmoil January 10, 2025 Gilt yields influence the mortgage market through swap rates, the main benchmark for mortgage lending in the UK.
What is a gilt? And why should you care? January 9, 2025 Investors have been drawing comparisons to the bond market meltdown following Liz Truss's mini-Budget as well as the IMF bailout way back in 1976.
We’re only building 100,000 new homes a year – that’s nowhere near enough January 8, 2025 High interest rates and slow planning processes mean new home delivery has likely fallen to just 100,000 in the last 12 months. We need to be building four times that many a year to fulfil our moral duty of getting people on the housing ladder, says Brandon Lewis We need to build more homes. It [...]
UK house prices climb at fastest rate since 2021 – but fears over Budget impact mount January 7, 2025 According to Halifax, UK house prices rose 3.3 per cent across 2024 as a whole, with the majority of the house price growth coming in the second half of the year.
Tesco and Sainsbury’s to shed light on Christmas sales performance January 5, 2025 The UK’s biggest supermarket groups will shed light next week on how they fared over the key Christmas period amid pressure on shoppers’ budgets. Tesco and Sainsbury’s will both provide third-quarter updates for investors and analysts, where they will reveal their sales for the weeks running up to Christmas. Both grocers are expected to reveal [...]