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  • Tandem Bank profitable for second year in a row as growth continues

    June 7, 2024

    Tandem Bank has reported a jump in earnings and customer numbers.

  • Housing market on the mend as Bellway reports ‘robust’ spring trade

    June 7, 2024

    "Bellway remains in a strong position to return to growth in financial year 2025," he added.

  • House prices ‘static’ with interest rate cuts on the horizon

    June 7, 2024

    London remained ahead of the country, with the median price of a house nationally at £288,688, compared to London which was £536,821, 0.2 per cent up on what it was last year.

  • FTSE 100 today: London markets set to open green; US jobs data key for direction

    June 7, 2024

    Asian stocks were mixed, with oil prices up and the dollar near an eight-week low. All eyes were on the US non-farm payrolls report.

  • Renting in London might finally be about to get a bit easier

    June 7, 2024

    The rate at which rental costs in London are rising slowed in April, but tenants are still handing over an average of £2,112 to landlords each month. 

  • Exclusive: Labour invites developers to work in ‘lock step’ on house building

    June 7, 2024

    Labour has invited businesses to work in “lock step” with the party to deliver 1.5m new homes over the next five years.

  • Why Scottish Mortgage trust is selling Nvidia

    June 5, 2024

    Scottish Mortgage, the second largest investment trust in the UK, has warned that though the future for AI is bright, companies like Nvidia might not carry on bringing in the record gains that they have managed over recent months. While Scottish Mortgage is on board with the vision of an AI future, deputy manager Lawrence [...]

  • Paragon Banking: Buy-to-let specialist posts surge in profit and raises buyback

    June 5, 2024

    Paragon Banking Group, one of Britain's leading buy-to-let mortgage lenders, has reported a surge in profit and boosted its share buyback programme, despite a drop in home loan volumes as higher interest rates put off borrowers.

  • Mortgage lending remains subdued as high rates put off borrowers

    June 3, 2024

    Hopes for a rebound in the mortgage market in the first half of 2024 have been dashed by fresh lending data, as appetite for home loans was hit by reduced optimism over interest rate cuts from the Bank of England.

  • Monzo posts first annual profit as digital bank targets European expansion

    June 3, 2024

    Monzo has reported its first annual profit since it launched in 2015, with the digital challenger bank enjoying record growth and unveiling plans to expand into Europe.

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