Guinness World Records to open London leisure venue September 30, 2024 Guinness World Records' central London competitive socialising venue is expected to welcome nearly 11,000 visitors every month.
Demand for luxury city houses falls on pre-budget caution September 30, 2024 Fears over potential changes to tax policy in Labour’s upcoming budget have continued to dampen the positive effects of lower interest rates on demand for prime property in London, according to new data. Buyers are nervously awaiting potential tax changes in the Government’s first budget, which has been described as assigning a “heavier burden” to [...]
Rising buyer confidence boosts UK residential property market September 27, 2024 HMRC data shows that residential property transactions increased due to buyer confience and more mortgage options
Murdoch’s REA group tables fourth £6.2bn bid for Rightmove September 27, 2024 The Rupert Murdoch-controlled property group vying to buy Rightmove has tabled a fourth £6.2bn bid for the firm and called on its board to engage in talks today as a deadline for the deal looms next week. In a statement to the market, REA Group, part of the Aussie media magnate’s business empire, said it [...]
Financial advisor: Plan for a ‘devastating’ inheritance tax raid September 26, 2024 British families and expats with assets in the UK should act now to mitigate the potential impact of an inheritance tax raid in next month’s Budget, the boss of one of the world’s largest financial advisory firms has warned. Nigel Green, who founded Devere Group in 2002, said the upcoming fiscal announcement was likely to [...]
Abrdn trust to strike £350m deal with Travelodge owner September 26, 2024 Abrdn Property Income fund is in “advanced discussions” to sell almost all of its portfolio to fund managed by Travelodge owner, Goldentree Asset Management. The £227m investment trust saw a bid from Custodian Property Income REIT voted down earlier this year, leaving the trust to begin winding down. Only 60.8 per cent of Abrdn shareholders [...]
Mark Kleinman: Post Office needs a boss who can read the room September 26, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City AM column.
Inheritocracy: We need to talk about the Bank of Mum and Dad September 26, 2024 Inheritance, tax and social care are interlinked, and it is time we talked about it, writes generational expert Eliza Filby
TfL picks Dutch EV charging firm to deliver hubs in London September 25, 2024 TfL is planning to introduce the first of five charging hubs in the capital from 2026, as the UK tackles concerns over a lack of charging infrastructure.
London’s ‘Can of Ham’ tower is up for sale again but price slashed September 25, 2024 London’s ‘Can of Ham’ skyscraper has been put back on sale for a reduced price two years after the first attempt to sell the distinctive building. The property has hit the market with an asking price of £322m, having previously been valued at around £400m when it was last on sale in 2022. The new [...]