The Notebook: For the UK’s poorest, things are only getting worse – just look at the numbers April 30, 2024 Ian Whittaker takes the Notebook pen to write about inflation, the US's Tiktok ban, and a little bit of life advice.
FTSE 100 today: London markets set to extend record streak on strong global cues April 30, 2024 Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.
China’s April activity growth slows, raising doubts on economic recovery April 30, 2024 China experienced a slowdown in growth in both its manufacturing and services activities in April, indicating a sluggish start to the second quarter for the world's No. 2 economy.
One Media IP: broker upgrades forecast for ‘only UK-listed alternative to Hipgnosis’ April 29, 2024 Broker Cavendish said it believes One Media IP remains the only UK listed avenue for investors to gain exposure to music royalties.
GPE bolsters flex team as it ups hybrid office space target April 29, 2024 One of the capital’s biggest landlords, GPE has announced the appointment of three new senior members to its flex office team, as it targets a portfolio of one million sq ft of flexible space in central London.
Lack of major natural catastrophes puts Lloyd’s of London insurer Beazley on front foot April 29, 2024 For the full year, the company said it expected to report a combined ratio—a measure of insurance premiums taken as a percentage of losses paid out—in the low 80s on an undiscounted basis.
London house prices fall on back of rising mortgages and stamp duty April 29, 2024 London buyers are seeing the highest average difference in annual mortgage repayments, rising £7,500 pounds since 2021, the latest reading from property portal Zoopla has shown.
Khan calls for end to ‘everyday extortion’ of unfair charges for leaseholders April 27, 2024 London Mayor Sadiq Khan is urging ministers to end the “everyday extortion” of unfair service charges for leaseholders.
Is there enough student housing for the next cohort of school leavers in September? April 27, 2024 “It’s a good time to enter the market,” Jay Ahluwalia, principal director of Dominus, said. Dominus, which previously focused on hotels and real estate, currently has two student builds in development in London.
Canary Wharf: Property value falls as London banking hub secures £550m financing deal April 25, 2024 The developer and manager of Canary Wharf in East London has reported a 14.7 per cent annual fall in the value of its property holdings to £6.8bn.