Gove’s plans to cap ground rents could cost taxpayers £31bn, RFA warn December 7, 2023 Micheal Gove’s plans to cap ground rents in England and Wales could cost the taxpayer over £31bn, a trade body has warned.
House prices rise again – but London properties still down on last year December 7, 2023 House prices rose by 0.5 per cent in November, following a rise of 1.2 per cent the prior month, according to Halifax.
Frasers ‘on track’ as Murray doubles down on elevation strategy December 7, 2023 Frasers, parent company of Sports Direct and Flannels, is on track to hit previous profit guidance
London’s priciest mansions struggle to sell as luxury property market faces change December 7, 2023 Economic headwinds are taking a toll on the two priciest mansions in London, reports suggest, as the luxury property market continues to adapt. The two properties – Rutland Gate and The Holme – are on the market with a combined listing of £475m. A person familiar with the matter told Bloomberg that founder of real [...]
Square Mile and Me: Harry Hyman on building Primary Health Properties – and his love for the opera December 7, 2023 Harry Hyman, CEO of Primary Health Properties, tells us about his career, opera and working with his family.
Lack of buyers for No 1 Poultry loan in worrying sign for City’s property market December 6, 2023 Bank of Ireland is trying to dodge a loss on a loan secured against No 1 Poultry, a worrying sign for London's commercial property market.
Bank of England: Economy resilient but full force of interest rates yet to come December 6, 2023 UK firms have shrugged off the worst of a rapid interest rate tightening cycle this year but the full force of hikes is yet to filter through to businesses, the Bank of England warned today.
Investors pulling out of property funds thanks to ‘triple squeeze’ on sector December 6, 2023 Property funds were hard hit by outflows in November as fears rise that a temporary dip in property values may become more permanent.
Various Eateries to capitalise on ‘reduced competition’ in casual dining market December 6, 2023 The business behind restaurants Coppa Club and Noci, Various Eateries, is looking to ramp up the rollout of both sites as it looks to capitalise on "reduced competition" in the casual dining market.
THG to acquire Biossance as it bulks up on beauty business December 5, 2023 E-commerce firm THG has today announced it has acquired prestige skincare brand Biossance for $20m as its builds out its beauty business.