Taylor Wimpey confident on year ahead despite profit slump in 2023 February 28, 2024 Housebuilder Taylor Wimpey saw operating profits tumble close to 50 per cent during the full year, as it continues to be bruised by a tough economic climate.
Country Garden hit with winding up petition in latest threat to China’s real estate sector February 28, 2024 China's property crisis shows no sign of abating after the country's largest property developer was hit by a winding up petition from a creditor.
Office giant Derwent London upgrades 2024 outlook as rental growth exceeds expectations February 28, 2024 In the firm's 2023 results, it revealed it had brought in £28.4m of new rent, up from £9.8m in 2022.
St James’s Place shares plummet as bosses set aside £426m for complaints February 28, 2024 Wealth manager St James’s Place said it had been a “challenging” year today as its cash result cratered on the back of an overhaul in its fee structure and provisions for a deluge of complaints.
Spring Budget 2024: Just four per cent of London homes exempt from ‘hefty’ stamp duty fees as pressure mounts on Hunt February 28, 2024 Only four per cent of homes on sale in London are exempt from “hefty” stamp duty charges, as fresh pressure is piled on the UK Chancellor to reform the levy ahead of the Spring Budget next week.
Moving markets: Five things shaping the FTSE 100 today February 28, 2024 Asian markets stalled as investors awaited U.S. inflation data, while the New Zealand central bank maintained interest rates. Bitcoin surged to $57,622, but oil prices fell. Attention now turns to U.S. GDP figures and Federal Reserve speeches.
Redwood Bank founder Jonathan Rowland aiming to corner padel market with R3 Sport February 27, 2024 R3 Sport counts leading British players as co-founders and investors.
‘Like Brands. Only Cheaper’: Court throws out Aldi’s appeal over gin bottle battle with Marks and Spencer February 27, 2024 Aldi's appeal against a decision that it had infringed on Marks and Spencer's registered design of its light-up gin was dismissed earlier today.
Unite Group reports jump in profit as student accommodation shortage drives rents higher February 27, 2024 Student landlord Unite Group has reported a jump in earnings for 2023 on the back of strong occupancy levels and higher rents.
Budget: Hunt should prioritise cutting ‘damaging’ stamp duty rather than income tax, IFS says February 27, 2024 Despite the government's parlous fiscal position, with debt at its highest level since the 1960s, Jeremy Hunt is all but certain to unveil tax cuts in the Budget next week.