Rightmove: House prices remain stable despite soaring mortgage rates June 17, 2024 Confidence in the UK housing market has slipped ahead of a general election, despite signs of improvement in recent months.
Hikma bolsters US injectables offering with purchase of Danish competitor June 17, 2024 Hikma Pharmaceuticals has bolstered its US injectables capabilities with the purchase of several divisions of Danish competitor Xellia Pharmaceuticals.
Lendinvest issues profit warning after accounting error on £5m securitisation deal June 17, 2024 Property fintech Lendinvest has issued a profit warning for its 2024 financial year after an accounting error related to a £5m securitisation deal.
Renting remains cheaper than buying in UK as mortgage rates soar June 17, 2024 The financial burden is greatest in London, where buying a house costs an additional £775 per month, or £9,300 annually, compared to renting.
China faces uphill battle for recovery amid mixed economic data June 17, 2024 China faced several economic challenges in May, notably with industrial output growth falling short of expectations.
FTSE 100 today: London markets set to open lower as global sentiment deteriorates June 17, 2024 Asian stocks fell due to weak Chinese data and concerns over a political crisis in France. Focus on the Bank of England's policy decision.
Tenants will have to ‘accept higher rents’ June 16, 2024 “Tenants are just going to have to accept higher rents as there’s no property available”, a fund manager told City A.M.
‘Disastrous for the UK’: How the MPs’ pension fund abandoned Britain’s stock market June 14, 2024 Jeremy Hunt and Rachel Reeves have been squaring up to the UK’s pension sector in recent months with threats to strong-arm money managers into backing homegrown British companies - but they may do well to look closer to home.
Harworth Group: Green light for logistics hub at major Northern rail interchange June 14, 2024 Property developer Harworth Group has been given the green light to build a 1.5 million sq ft industrial and logistics hub.
Industry welcomes Labour plans to win over first-time buyers with housing reforms June 13, 2024 Opposition party Labour has promised a major reform to housing, if it wins the next general election, including support for first time buyers.