One of London’s most expensive mansions has been bought by UAE president MBZ April 4, 2024 Sheikh Mohammed bin Zayed Al Nahyan, the president of the United Arab Emirates, has reportedly bought one of the most expensive homes in London.
Buy-to-let repossessions jump 56 per cent as higher interest rates bite April 3, 2024 The buy-to-let market has been hammered by higher interest rates with lending plummeting and arrears rising, according to new data released by UK Finance.
Shares in Superdry crash 50 per cent as Dunkerton abandons offer April 2, 2024 Shares in Superdry have sunk to an all time low after founder Julian Dunkerton said he no longer plans on making an offer for the business.
House prices fall in March as market continues rates-driven seesaw April 2, 2024 The annual rate of house price growth edged higher to 1.6 per cent in March, from 1.2 per cent in February.
London offices at mainline stations in demand as occupiers seek to commutes April 1, 2024 Offices near mainline stations in London have lower vacancy rates and higher rents than elsewhere in the capital as occupiers look to cut down commutes of their workforce to entice them back to the office.
China’s March factory activity sparks hope for recovery, but clouds of uncertainty persist April 1, 2024 China's manufacturing sector saw its highest growth in over a year in March as firms resumed and sped up production post-Lunar New Year, according to an official survey.
Safe as houses: is it time to introduce a wealth tax? March 30, 2024 Wages in the UK have flatlined since the financial crisis of 2008. Yet in that time, the country’s richest 1000 families have seen the value of their assets triple. Should we think more seriously—and progressively—about the way we tax wealth?
Five questions with Francesca Brady, co-founder and chief executive of AirRated March 28, 2024 Every week, Ambition A.M. passes the pen (or keyboard) to a founder eager to share the unfiltered stories fuelling Britain’s entrepreneurial spirit. This week, we spotlight Francesca Brady, co-founder and chief executive of indoor air quality certification firm AirRated. Have you ever wondered what is in the air in your own home? Well, Brady did, [...]
Abrdn Property Income: Custodian bid voted down by shareholders March 28, 2024 Custodian Property Income REIT’s bid to take over Abrdn Property Income has failed, after not enough shareholders voted for the merger. In a general meeting yesterday, Abrdn shareholders voted 60.8 per cent in favour of the deal, less than the required 75 per cent threshold. Custodian’s offer would have seen Abrdn shareholders receive 0.78 Custodian [...]
UK property market shows steady signs of improvement as sales rise in February March 28, 2024 Green shoots continue to emerge in the property market as the number of house sales grows by a steady one per cent month-on-month in February.