Demand for London offices hits post-financial crisis high April 14, 2025 Demand for office space in Greater London and the South East rose to its highest first-quarter level since the financial crisis in 2025, according to new data. Around 1.2m sq ft of space was let in London during the first quarter of 2025, up 39 per cent on the final quarter of 2024, according to [...]
RSA set to rebrand as Intact Insurance April 14, 2025 Four years after its acquisition, the long-established insurer RSA is set to rebrand to match its Canadian owner by the end of this year
UK house prices hit record high in April despite stamp duty changes April 14, 2025 The average UK house price rose 1.4 per cent in April despite fears of a market slowdown in the wake of changes to stamp duty. UK house prices hit a new record high of £377,182, according to Rightmove. Analysts said that lower mortgage rates have offset the impact of stamp duty changes and the typical [...]
Life on the edge: A deep dive into the crazy world of Margate April 10, 2025 Five years ago, some dilapidated public urinals in a park in Margate were sold at auction by the council to a private bidder for £11,000. The shabby little structure is barely visible from the path, a graffitied block hidden behind shrubs with weeds winding through the roof and floor. The original glazed urinals are exposed [...]
Another recession could push Millennial resentment to tipping point April 10, 2025 Any goodwill left in avocado-munching Millennials towards their wealthier elders will likely be gone with another recession, writes John Oxley.
Bionow Awards honour our greatest Innovators April 9, 2025 The Bionow Awards are given to honour those most deserving for their ingenuity and dedication, distinguishing them from their competitors and proving them worthy of recognition. With a prestigious history of more than 20 years, the awards have become the leading life sciences accolades in the UK; highlighting the achievements of the sector, shining a [...]
First-time buyers ‘becoming less reliant on parents’ April 8, 2025 First-time buyers are completing on their homes with less help from their parents – albeit slightly later in life – according to new data. First-time buyers who received money from a friend or family member went from 34 per cent of buyers in the first quarter of 2024 to just under 30 in the first [...]
UK equity funds suffer worst quarter ever as investors pull billions April 8, 2025 UK-focused funds suffered their worst ever quarter on record over the last three months, despite a strong performance from the FTSE 100 and other UK equity markets. Over the first three months of 2025, investors pulled £3.5bn from UK funds, with £1.2bn being withdrawn in March alone, according to data from Calastone. “Instead of putting [...]
Ex-Google boss Eric Schmidt buys £42m London mansion April 8, 2025 Former Google chief Eric Schmidt has bought a London mansion for £42m in the latest sign that wealthy American buyers are becoming major players in the capital’s property market. According to FT, Schmidt bought the double-fronted, Victoria-era Holland Park mansion last May and plans to rent it out. The deal follows purchases from many other [...]
Microsoft cuts UK jobs as sales near £10bn and profit surges April 8, 2025 Microsoft shed more than 200 UK jobs in the year its turnover jumped to almost £10bn, it has been revealed. The US tech giant reduced its headcount from 5,540 to 5,337 in the year to 30 June, 2024, new accounts filed with Companies House show. The reduction comes after Microsoft’s headcount grew from 4,955 in [...]