Scandal-hit Home REIT set to wind down July 16, 2024 Scandal-hit social housing investor Home REIT is set to wind down after failing to pay off a huge debt pile and struggling under the costs of a slew of legal battles and a probe from the City regulator.
Cazoo racked up debts of over £260m as it collapsed into administration July 16, 2024 Cazoo racked up debts of more than £260m as it collapsed into administration earlier this year, it has been revealed.
‘Nothing like it’ – England’s Euro 2024 run gives UK broadcasters a much-needed boost July 15, 2024 The Euros may be over, but the tournament will have left a sweet taste in the mouth advertisers and broadcasters - unlike England fans.
Legal and General rows in behind Reeves’ housebuilding drive with £125m fund July 15, 2024 Legal & General has thrown its weight behind the government’s house building push today with a pledge to inject at least £125m of pension cash into affordable housing.
Investment in London’s prime property market dried up as super-wealthy downsized July 15, 2024 Competition from Dubai and concerns about the Labour government's tax and spend priorities have led investment in London's super prime property market to dry up.
FTSE 100 today: London set to open soft amid US political uncertainty July 15, 2024 Asian markets were mixed. The US dollar rose on bets of a Trump victory. China's growth slows. Focus on Netflix and major banks' earnings.
China’s Q2 GDP below expectations, fuels calls for ongoing stimulus July 15, 2024 China's economy expanded by 4.7 per cent in the second quarter of the year compared to the same period last year.
Crown Estate to stage £430m transformation in London’s West End July 12, 2024 The Crown Estate will redevelop £430m worth of real estate in London's West End in an effort to stimulate the capital's post-pandemic renewal.
London’s latest luxury hotel and club set for former royal residence July 12, 2024 A historic landmark in London's Mayfair, which used to be a royal residence, is set to open as a new luxury hotel next year, it has been confirmed.
Balanced Commercial Property Trust sheds more offices amid ‘challenging’ market July 12, 2024 The commercial property investor Balanced Commercial Property Trust has shed more offices as part of its strategy to focus more on the food and beverage sector.