Reeves to pave way for spending cuts with attack on ‘worst inheritance since the war’ July 28, 2024 Rachel Reeves will vow to "fix the foundations of our economy" in a much anticipated speech to Parliament in which she will also reveal the findings of the Treasury's spending audit.
A sweet deal: Pricey central London pad once owned by Lord Sugar goes up for sale July 27, 2024 The lavish London pad once owned by star of The Apprentice star Lord Sugar is up for sale, but it will set you back quite a lot. The property – on the corner of Old Park Lane and Piccadilly – comes with a price tag of £26m, after having recently-been refurbished. It spans more than [...]
Segro: Warehousing giant’s profit hits £200m as UK property values increase July 26, 2024 Warehousing giant Segro has seen its profit soar to more than £200m after the value of its UK properties increased for the first time in two years.
Rightmove urges Reeves to keep stamp duty threshold for first-time buyers as it posts ‘solid but uninspiring’ results July 26, 2024 Property giant Rightmove has called on the Government to retain the stamp duty threshold for first-time buyers, as it announced a solid but “uninspiring” set of results. Revenue at Rightmove rose by seven per cent to reach £192.1m, “as both agents and new homes developers renewed contracts, upgraded their packages and invested in additional products”, [...]
Reform UK’s Habib prepares for activist investor scrap July 25, 2024 Ben Habib is not a man averse to a fight. Five months ago, Reform UK’s then deputy leader was standing atop a battle bus in Wellingborough laying siege to the record of the Tories and shouting up the benefits of lower income tax and the dangers of net-zero. The months since then have not been [...]
Mark Kleinman: Is troubled Burberry heading for a chequered flag? July 25, 2024 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at Burberry’s threads wearing thin, Hammerson’s big Bicester sale and Love Island Is troubled Burberry heading for a chequered flag? Not only a chequered recent past, but on current evidence every [...]
Grainger snaps up Manchester landmark in £31m deal July 24, 2024 Residential property giant Grainger has snapped up a £31m build-to-rent scheme located in one of Manchester's most thriving neighbourhoods.
GP landlord PHP welcomes Labour government amid portfolio dip July 24, 2024 GP landlord Primary Health Properties (PHP) saw its portfolio valuation dip 1.4 per cent over the last year, with the company welcoming the new Labour government's commitment to the NHS.
Diriyah: The Historic Heart of Saudi Arabia will Transform Urban Living July 24, 2024 Diriyah is one of a number of extraordinary giga-projects funded by Saudi Arabia’s Public Investment Fund. Mohamed Saad, President of Diriyah DevCo, tells Inside Saudi about the luxury residences and hotels that are being built in Diriyah, Diriyah’s Harrods activation and opportunities for international investors. Jack Dickens (JD) – Tell us about your role as [...]
Harworth: Property developer on track to grow portfolio to nearly £1bn after strong start to 2024 July 24, 2024 Six months into its financial year property developer Harworth says it’s on track to grow its investment portfolio to almost £1bn in the next five years, having already completed more than 80 per cent of its planned sales for 2024. The London-listed group, which specialises in land regeneration, said it had completed, exchanged or in heads of [...]