Apple races to salvage watch business amid US ban threat December 19, 2023 Apple engineers are racing to modify the software which powers the company's smart watches as the US looks to ban the products.
Londonmetric mulls takeover of Alton Towers owner could ‘create one of the UK’s largest listed landlords’ December 19, 2023 Logistics landlord Londonmetric is understood to be in talks to buy LXI the owner of Alton Towers and Warwick Castle.
LendInvest swings to loss on mortgage woes, has cut more than a quarter of staff December 19, 2023 AIM-listed lender to homeowners and buy-to-let landlords hit by increased competition
Wealthy middle-eastern investors drive growth in London office market December 19, 2023 Wealthy Middle-Eastern investors are driving sales in London’s office market, as reduced competition acts as an opportunity.
Superdry warns on profit as wet weather takes its toll December 19, 2023 Superdry blamed unseasonable weather for a 13 per cent slump in retail sales year-on-year, as the struggling fashion retailer continues to trade below management expectations. Wholesale earnings were down 41.1 per cent year-on year, which was due to the decision to exit its US wholesale operation. It was also driven by “timing differences and the [...]
St James’s Place shares slump after it reveals plans to buy up advisers’ books December 15, 2023 Shares in St James’s Place (SJP) have slumped today after the firm revealed plans to raise cash to snap up the business of retiring partner advisers.
London house prices: Property boss on where he’d be buying in the capital December 15, 2023 MANY regions across the UK can expect to see house price rises in 2024, a leading property association has predicted, with one London spot on their top 10 list
Cracks show in London property market as prime listings come out on top December 15, 2023 London property sales have slumped and rental growth has slowed, but listings above £5m are on a three-year streak as the top sector.
Bank of England holds interest rates – what does it mean for mortgages? December 14, 2023 The Bank of England has held interest rates at 5.25 per cent for the third time in a row, offering a glimmer of hope for the mortgage and property market. Steve Seal, chief of Bluestone Mortgages, said that today’s decision to leave rates untouched will be welcomed by “would-be and existing borrowers, who have felt [...]
Housing market to improve over next two years as borrowing costs stabilise say surveyors December 14, 2023 As stability returned to the mortgage market over the past few weeks, the housing market has started to show signs of improvement, a new survey conducted by the Royal Institution of Chartered Surveyors (RICS) has said. A net balance of 11 per cent of property professionals reported sales falling rather than rising, narrowing from a [...]