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.
LSL Property Services raises expectations as mortgage market improves March 6, 2024 LSL Property Services, one of the UK’s largest providers of mortgage and valuation services, appears to be on the up following an improvement in the UK housing market.
If he can’t cut taxes, the Chancellor must give Brits a stake in the economy March 6, 2024 The Budget is the government’s last chance to set out a vision for the economy before the next election – it should be one that supports hard work, investing and helps people be less dependent on the state, argues James Vitali A Budget speech is an exercise in storytelling: about where the economy is coming [...]
As Wework’s troubles continue, the company’s competitors are taking advantage March 5, 2024 Troubled Wework is continuing to scale back its offices in London following the filing of bankruptcy in its home market of the US.
Travis Perkins: Profits slashed by £175m as housing downturn cuts revenue March 5, 2024 A downturn in the house building market let to profits at Travis Perkins being slashed by £175m during its latest financial year.