New towns: Why Starmer needs to avoid being a cowboy builder… February 18, 2025 Promises can be a tricky thing in politics. Just look at the flack Nick Clegg received for pledging to scrap tuition fees, and then, well, not. Similarly, putting Partygate aside, I suspect Boris Johnson isn’t exactly fondly remembered as PM by those voters living in areas promised one of his 40 new hospitals. While some [...]
Homeowners rush to departures before third Heathrow runway takes off February 17, 2025 The housing market around the planned area for Heathrow’s third runway has seen a surge of activity in the last few weeks as homeowners look to avoid the noise, pollution and lower house values that the major infrastructure project would usher in. On January 29, the government spoke to an audience of business chiefs at [...]
Value of UK housing stock hits £9 trillion for the first time February 17, 2025 The total value of all homes across the UK has passed £9 trillion for the first time, according to new research by property firm Savills. After a brief slump in 2023, the UK’s housing stock grew by £346bn last year – meaning it is now more than 3.5 times the annual GDP of the UK. [...]
Shein: Discounted valuation would give IPO a ‘better chance of going ahead’ February 17, 2025 Fast-fashion giant Shein is under investor pressure to slash its valuation by two thirds from its all time high should it go ahead with its long-awaited float on the London Stock Exchange later this year, according to a report. Shen was valued at $66bn (£52bn) in a funding round in 2023 and as high as [...]
Springfield Properties: Revenue slumps as housing projects delayed February 17, 2025 Springfield Properties, one of Scotland’s leading housebuilders, has reported a 13 per cent drop in revenue to £105.6m for the first half of its 2025 financial year, reflecting a subdued housing market and delays in affordable housing projects. Despite the decline in revenue, the company posted a sharp increase in profitability, with adjusted profit before [...]
Sponsors All Blacks could chase after falling out with Man United part-owners Ineos February 15, 2025 Last week it was revealed that rugby giants New Zealand, including the famous All Blacks, were suing sponsors and Manchester United part-owners Ineos. The chemicals firm, co-owned by British billionaire Sir Jim Ratcliffe, stands accused of breaching its sponsorship agreement by failing to pay an installment of a £27m, six-year deal, that was signed in [...]
After Allbright, is there a future for women-only members clubs? February 14, 2025 Allbright is just the latest women's members club forced to shut up shop in London, which begs the question: do women even still want them?
‘Extraordinary’ Roman Basilica uncovered in heart of the City February 13, 2025 The remains of London’s first Roman Basilica have been uncovered near Leadenhall Market during archaeological investigations at 85 Gracechurch Street. The site is currently being excavated by Museum of London Archaeology (MOLA) in preparation for the construction of a 32-story office tower. The remains are believed to be part of the Tribunal, a designated area [...]
‘Once you legislate, people will rebel’: Why a vibes-based WFH policy is working for Vitality February 13, 2025 The debate-stirring issue of working from home (WFH) has never been far from the headlines so far in 2025. The likes of FTSE 100 giant WPP, Lord Alan Sugar and London Mayor Sir Sadiq Khan have all made waves with where they stand on the topic. Now Neville Koopowitz, the chief executive of health and [...]
Property experts warn ‘more needs to be done’ on £350m housing funding February 12, 2025 A £350m investment into affordable and social housing by the government has been welcomed but property experts warn “more needs to be done”. Housing secretary Angela Rayner has insisted the government “can’t afford not to” hit its 1.5m housebuilding targets, as officials unveiled an extra £300m in funding for the affordable homes programme, which they [...]