Vistry: Housebuilder defends doubled pay packet for chief February 21, 2024 Housebuilder Vistry Group's boardroom remuneration committee has not bowed to shareholder pressure over its chief executive’s hefty salary and bonus package.
Easyjet headed for FTSE 100 return after falling out during Covid slowdown February 21, 2024 Easyjet is headed for a post-pandemic return to the FTSE 100 after falling out of the top flight when aircrafts were grounded during lockdown.
Major GB snowsport sponsor calls on London to back British athletes February 20, 2024 One of British snowsports’ biggest sponsors has called on the City of London, the capital and other big businesses to back the country’s athletes and help to build on their underdog success in winter sports. With winter sports in the UK granted a fraction of the funding that their summer counterparts receive, athletes such as [...]
Scottish affordable house builder Springfield Properties latest to feel the pain of property slowdown February 20, 2024 A Scottish house building company is one of the latest to be financially bruised by last year’s slowdown in property sales.
Moving markets: Five things shaping the FTSE 100 today February 20, 2024 Asia stocks struggle despite China's interest rate cut, while Middle East tensions keep oil prices near three-week highs. Investors are focused on Bank of England's Bailey speech and Nvidia earnings.
China’s central bank slashes mortgage rates in high-stakes bid to revitalize property market February 20, 2024 China's central bank slashed the benchmark mortgage interest rate on Tuesday in a bid to jumpstart the country's sluggish property market and boost its struggling economy.
FTSE 100 close: Strong Barclays results fails to lift London due to China concerns February 20, 2024 Caution gripped the air as investors continued to fret over the prospects of the world's second largest economy.
Who owns investment companies? Data reveals institutional dominance February 19, 2024 Institutions hold half of all the shares in investment companies by value, or £89bn of the holdings, according to new data from the Association of Investment Companies (AIC). Analysing £177bn of shareholdings, or 87 per cent of the industry’s total market cap, the data revealed that wealth managers hold 25 per cent of all shares, [...]
Gove clamp down on short term lets like Airbnb could lead to ‘two-tier system’ February 19, 2024 Under the reform, property owners who let out their homes to visitors will be asked to seek planning permission, alongside placing their name on a mandatory national register for short-term lets.
House sales surge as green shoots emerge in property market February 19, 2024 House sales in the first six weeks of 2024 are 16 per cent higher than over the same period last year, and three per cent higher than in 2019.