House prices “resilient” for now – but will the election throw them off course? May 31, 2024 UK house prices are standing up to the challenge of expected ‘higher for longer’ interest rates and political uncertainty, according to the latest data. Nationwide’s closely watched house price index showed a 0.4 per cent month on month jump in property prices in May, signalling a 1.3 per cent annual growth rate. Whilst still lagging [...]
FTSE 100 today: London markets set to open higher as yields retreat May 31, 2024 Asian stocks rise despite Wall Street slowdown, Nasdaq's biggest drop in a month. All eyes are on US PCE and Eurozone CPI data.
China’s factory activity unexpectedly shrinks in May, puts economic recovery at risk May 31, 2024 China's manufacturing activity unexpectedly contracted in May, adding pressure on policymakers in the world's second-largest economy.
Springfield: London-listed affordable homes builder inks new £6.3m contract May 30, 2024 One of Scotland's biggest house builders, Springfield Properties, has won a £6.3m contract to construct more affordable housing in the country.
Supply of houses reaches highest level in eight years as sellers remain confident ahead of general election May 30, 2024 The amount of homes for sale is at its highest in eight years, according to a new report, but this could lead to house prices remaining flat for the remainder of 2024.
Scaredy cats? Brits shy away from stock market compared to Americans May 30, 2024 The number of Brits investing in the stock market currently sits at only 23 per cent, compared to 61 per cent for Americans.
Cazoo has collapsed. Was its bold approach to sport sponsorship to blame? May 30, 2024 Last week, online car dealership Cazoo collapsed into administration. The brand had made a name as one of Europe's most prolific sponsors - was this to blame?
The first trust in a year just debuted – and it’s aiming for £500m May 29, 2024 The first public listing for a trust in over a year has unveiled its initial public offering prospectus and is aiming to raise £500m. Special Opportunities REIT (real estate investment trust), an internally managed REIT, said it would look to debut on the London market next month in the largest REIT IPO in well over [...]
Fuller’s cashes in with sale of London pubs to Admiral Taverns May 29, 2024 Fullers Smith & Turner will sell 37 pubs across London and South-East England for a total of £18.3m to Admiral Taverns Limited.
Home REIT tenant surrenders hundreds of properties after regulatory probe May 29, 2024 Scandal-hit property investor Home REIT has struck a deal to claw back hundreds of leases from a major tenant facing a probe from the charities watchdog.