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  • Chelsea mansion on site of Henry VIII’s orchard goes on sale

    June 17, 2024

    An eight-bedroom mansion situated on the site of King Henry VIII's Chelsea palace has been listed on the property market for nearly £16m.

  • Home REIT refinancing talks fall apart in blow to scandal-hit housing fund

    June 17, 2024

    Home REIT’s efforts to renegotiate the terms of its £130m debt pile have fallen apart in a blow to the embattled social housing fund as it scrambles for stability after a string of scandals.

  • Rightmove: House prices remain stable despite soaring mortgage rates

    June 17, 2024

    Confidence in the UK housing market has slipped ahead of a general election, despite signs of improvement in recent months.

  • Hikma bolsters US injectables offering with purchase of Danish competitor

    June 17, 2024

    Hikma Pharmaceuticals has bolstered its US injectables capabilities with the purchase of several divisions of Danish competitor Xellia Pharmaceuticals.

  • Lendinvest issues profit warning after accounting error on £5m securitisation deal

    June 17, 2024

    Property fintech Lendinvest has issued a profit warning for its 2024 financial year after an accounting error related to a £5m securitisation deal.

  • Renting remains cheaper than buying in UK as mortgage rates soar

    June 17, 2024

    The financial burden is greatest in London, where buying a house costs an additional £775 per month, or £9,300 annually, compared to renting.

  • China faces uphill battle for recovery amid mixed economic data

    June 17, 2024

    China faced several economic challenges in May, notably with industrial output growth falling short of expectations.

  • FTSE 100 today: London markets set to open lower as global sentiment deteriorates

    June 17, 2024

    Asian stocks fell due to weak Chinese data and concerns over a political crisis in France. Focus on the Bank of England's policy decision.

  • Tenants will have to ‘accept higher rents’ 

    June 16, 2024

    “Tenants are just going to have to accept higher rents as there’s no property available”, a fund manager told City A.M.

  • ‘Disastrous for the UK’: How the MPs’ pension fund abandoned Britain’s stock market

    June 14, 2024

    Jeremy Hunt and Rachel Reeves have been squaring up to the UK’s pension sector in recent months with threats to strong-arm money managers into backing homegrown British companies - but they may do well to look closer to home.

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