Safe as houses: is it time to introduce a wealth tax? March 30, 2024 Wages in the UK have flatlined since the financial crisis of 2008. Yet in that time, the country’s richest 1000 families have seen the value of their assets triple. Should we think more seriously—and progressively—about the way we tax wealth?
Five questions with Francesca Brady, co-founder and chief executive of AirRated March 28, 2024 Every week, Ambition A.M. passes the pen (or keyboard) to a founder eager to share the unfiltered stories fuelling Britain’s entrepreneurial spirit. This week, we spotlight Francesca Brady, co-founder and chief executive of indoor air quality certification firm AirRated. Have you ever wondered what is in the air in your own home? Well, Brady did, [...]
Abrdn Property Income: Custodian bid voted down by shareholders March 28, 2024 Custodian Property Income REIT’s bid to take over Abrdn Property Income has failed, after not enough shareholders voted for the merger. In a general meeting yesterday, Abrdn shareholders voted 60.8 per cent in favour of the deal, less than the required 75 per cent threshold. Custodian’s offer would have seen Abrdn shareholders receive 0.78 Custodian [...]
UK property market shows steady signs of improvement as sales rise in February March 28, 2024 Green shoots continue to emerge in the property market as the number of house sales grows by a steady one per cent month-on-month in February.
Meet the ex-Canary Wharf boss now building a tourist paradise in Saudi Arabia March 28, 2024 Red Sea Global is overseeing the birth of two luxury resorts and a private retreat on the west coast of Saudi Arabia
Shawbrook delivers jump in profit on higher interest rates and lending growth March 28, 2024 Challenger bank Shawbrook has posted a jump in annual profit on the back of interest rate hikes and higher lending.
The Notebook: Michael Hayman on getting Britain’s trade mojo back March 28, 2024 Every day we invite London's movers and shakers to hold the notebook pen
Ed Warner: What Ivan Toney and Shohei Ohtani say about sport and gambling March 28, 2024 From football to baseball, sport is intertwined with betting.
London house prices: Desperate sellers knock £20k off asking prices March 28, 2024 London home sellers are shaving £19,500 pounds off the asking price to achieve a sale, according to the latest report from Zoopla.
Investec launches £250m real estate fund… But not for retail investors March 27, 2024 The strategy, called 'REALIS,' is aimed at institutional investors and high-net-worth individuals rather than retail investors.