Ready to go to battle at Cheltenham March 10, 2024 THERE is an unread copy of the Racing Post sitting on Ben Keith’s solid oak desk. We are in Marylebone in his beautiful London flat just days before the biggest horse racing festival of the year gets under way in the Cotswolds. As the owner of Star Sports, he will stand tall on his company’s [...]
Berkeley and Persimmon to reveal housebuilder pain of interest rate hikes March 10, 2024 UK housebuilders are set to shed light on the state of the fragile property market amid a number of key updates from firms next week. Shareholders are braced to see accounts for Persimmon, Berkeley and Vistry all show a fall in sales numbers after higher interest rates weighed heavily on activity last year. Interest rates [...]
The government’s levelling up cash for Canary Wharf is a step in the right direction for London March 9, 2024 A taxpayer loan of over £118m being handed to Canary Wharf to help elevate its life science offering and build news homes has inevitably raised some eyebrows across London.
London’s wealthiest renters can now pay with cryptocurrency March 9, 2024 Some of London’s richest tenants are now paying their rent in cryptocurrency.
Britain’s mega-wealthy look to cash in on uncertainty in property market March 9, 2024 Britain’s mega wealthy are ramping up investment in commercial and residential properties, as they look to cash in on the uncertainty in the market.
Bobby Arora: B&M bigwig sells London pad near Buckingham Palace for 30 per cent loss March 8, 2024 British billionaire and trading director for budget retailer B&M has sold his London mansion for a 30 per cent loss.
House prices continue to rise despite higher rates says Halifax March 7, 2024 House prices rose by 0.4 per cent in February, marking the monthly rise in a row, a new report by Halifax has found.
Spring Budget in review: Some sensible moves, a few gimmicks, but mostly a bore March 7, 2024 So, what's the verdict? Some small steps in the right direction, but nothing to move the dial on the economy – or the opinion polls, writes Julian Jessop.
Spring Budget 2024: Renters worry as Hunt coaxes landlords to sell with capital gains tax cut March 6, 2024 Today's Spring Budget saw landlords receive a surprise handout from Chancellor Jeremy Hunt after he cut the rate of capital gains tax applying to residential property by four per cent.
Hopes of lower interest rates fuel construction sector optimism amid housebuilding resurgence March 6, 2024 The overall construction PMI rose to 49.7, up from 48.8 in January, its highest level since August 2023 and only marginally below the neutral 50-mark.