FTSE 100 today: London markets set to open higher on strong GDP growth data July 11, 2024 Asian markets followed US's rally, with Chinese stocks rising due to new short-selling restrictions. UK GDP, US CPI and Jet2's results eyed.
Is UK housing back on track? London estate agent Winkworth’s sales are on the up July 10, 2024 Winkworth Estate Agents have announced a boost in sales figures after a two years of falling sales amid a tight housing market. The company expects pre-tax profits for the year to be in line with market expectations of £2.4 million, and announced a shareholder dividend of 3p per share to be paid for the second [...]
Housebuilder Barratt to deliver profit ‘slightly ahead’ of expectations despite challenging conditions July 10, 2024 In a trading update covering the year to June, Barratt said that total home completions were at 14,004. Although this was down on 17,206 last year, it was still at the "upper end" of the firm's guidance.
FTSE 100 today: London markets set for muted open amid sparse economic calendar July 9, 2024 Asian markets mirrored Wall Street's rise, with gold prices edging up. All eyes are on Federal Reserve Chair Jerome Powell's testimony.
London’s prime property market looks set for a recovery under Labour July 8, 2024 A more stable political and economic situation should provide another boost, making London—and the UK as a whole—a more attractive place to live, work, and invest.
Election 2024: What will a Labour government mean for inflation, interest rates and mortgages July 5, 2024 Inflation has fallen fairly rapidly over the last few months, hitting two per cent in June. As a result markets expect the Bank of England to start cutting interest rates in the next couple of months, either in August or September.
Shares in Persimmon, Vistry and Barratt soar as Labour victory boosts market outlook July 5, 2024 Shares in property firms Persimmon, Vistry and Barratt have surged this morning as analysts label the Labour landslide victory a "positive" for house builders.
UK house prices ‘relatively flat’ for third straight month before expected interest rate cut July 5, 2024 House prices have remained "relatively flat" for the third consecutive month in June, down 0.2 per cent, according to new data from Halifax.
Fall in housebuilding contributes to easing construction activity July 4, 2024 The construction sector remained in expansion in June, a closely watched survey shows, although the rate of growth eased due to a slowdown in housebuilding.
Labour’s plan for growth has a renewed partnership with business at its heart July 3, 2024 The shadow city minister says Labour recognises that our financial services industry, both in London and across the country, is one of Britain’s greatest assets and will be key to returning the country to growth Tomorrow the British people will go to the polls, faced with a clear choice. Five more years of low growth, [...]