Family behind Peel Ports nets £22m in dividends as profits rise January 21, 2024 The Whittaker family raked in a £22m dividend payout from their network of ports in the UK last year as shipping rates soared, company filings show.
Brokers warn government against guaranteeing one per cent deposit mortgages January 21, 2024 Brokers have warned that the government could push up house prices even further if it guarantees mortgages for first-time buyers with deposits of just one per cent.
SFO: Two former directors charged with fraud over £88m car lease scheme January 19, 2024 Reginald Larry-Cole and Scott Martin were directors of Raedex Consortium, which included companies such as Buy2Let Cars and Paygo Cars.
Custodian Property on brink of £237m merger with Abrdn Property January 19, 2024 Custodian Property Income REIT (CREI) is on the verge of a £237m merger with Abrdn Property Income Trust (API), creating a new trust holding £1bn in property. Both groups have recommended an all-share merger, combining their 200 different property assets together, but will still need to be voted on by shareholders. The CREI board and [...]
Home REIT: Fennah heads for the exit with trail of destruction in her wake January 19, 2024 Home REIT chair Lynne Fennah announced yesterday she's finally heading for the exit - Charlie Conchie looks at why shareholders are saying it's about time.
Why Argentine president Javier Milei’s Davos speech was such a tonic January 19, 2024 Javier Milei delivered a ringing defence of capitalism in his Davos speech this week
Housing slump continues as Marshalls cost-cutting fails to halt revenue slide January 18, 2024 In a trading update, published today, Marshalls said actions to save around £11m annually, including factory mothballing, shift slashes and business re-shuffling couldn't prevent year-on-year group revenues falling by seven per cent to £671m.
Cynergy Bank chief urges struggling SMEs to ‘de-risk’ current accounts January 18, 2024 The boss of challenger Cynergy Bank has said small firms are letting too much money languish in no-interest current accounts, as it launches a new offering that puts it in more direct competition with Britain’s major lenders. Chief executive Nick Fahy told City A.M. that small and medium-sized enterprises (SMEs) are increasingly struggling to afford [...]
14 Valentine’s Day ideas in London that don’t suck January 17, 2024 Try these ideas if you're looking for something unusual - and not cliched - to do in London this Valentine's Day
London house prices crater as UK reports biggest drop since 2011– but experts are doubtful of data January 17, 2024 The capital saw the biggest drop in the UK, but still had the most expensive homes at £505,000, almost double the UK average of £285,000. This is £6,000 down on the average from 2022.