British Land: Shift away from shopping centres helps deliver full year growth May 22, 2024 British Land said its strategy of shifting its focus away from assets such as shopping centres is “delivering”, as it posts modest growth in the full year.
Close Brothers shares drop as motor finance arm deals with two FCA reviews May 22, 2024 Shares in merchant banking group Close Brothers fell as much as 6.6 per cent on Wednesday morning as its motor finance business faces compensation costs tied to two market-wide reviews from the Financial Conduct Authority (FCA).
Why one stockpicker thinks the FTSE 100 is ‘pregnant with value and opportunity’ May 21, 2024 The FTSE 100 and UK markets are "pregnant with value and opportunity", a leading City stockpicker has said
Watkin Jones returns to profit after successful business restructure May 21, 2024 Property developer Watkin Jones returned to profit in the first half of the year after a successful business restructuring following a year of losses.
Double-digit growth for Begbies Traynor as business recovery booms May 21, 2024 Professional services restructuring specialist Begbies Traynor reported that revenue will increase by double-digits as the tough economy creates work for the firm
Not another one? Abrdn property trust moves to shutter May 20, 2024 Another Abrdn trust has moved to shutter after struggling to drum up enough interest from investors, as the number of trusts continues to decline rapidly. The £234m Abrdn European Logistics Income trust, which focuses on the European property market, reached the conclusion of its strategic review that in began in December, with its board recommending [...]
Why do politicians put up with insults from pensioners? May 20, 2024 You’d expect the Prime Minister to be thick-skinned but when he has expended so much literal and political capital on pensioners only to be accused of hating them you wonder how he keeps his cool, says Joseph Dinnage Being a frontline politician, particularly in the age of the keyboard pundit, is not a job for [...]
Helical sells stake in new City of London development to Orion Capital May 20, 2024 "We are pleased to be partnering with Orion Capital Managers on the development of this best-in-class, carbon friendly new building, to be completed in Q1 2026," Helical boss said.
Meet the fund manager: Picking the best bonds in the world May 20, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A.
House prices rise as spring selling season boosts UK property market May 20, 2024 The average price of UK property coming to the market reached record levels in May, rising by £2,807, as the spring selling season lends itself to the recovery of the housing market.