China central bank: Don’t worry about growth – we’ll clear five per cent November 8, 2023 China will surpass its 5 per cent growth rate target, the country's central bank chief has said
IMF upgrades China’s GDP growth forecasts despite real estate crisis November 7, 2023 China's economy is set to grow 5.4 per cent this year, having made a "strong" post-Covid recovery, the IMF said on Tuesday.
King’s Speech: Compromise and deliverables for a target-driven Sunak November 7, 2023 Very little of the King's Speech pushed the boundaries of what has already been extensively planned by Sunak.
House prices: Property market shows signs of life with shock jump in October November 7, 2023 The cost of a home rose 1.1 per cent in October, breaking a run of six consecutive monthly falls, the latest figures from Halifax can reveal. According to the report, the typical UK home now costs £281k, up around £3,000 on the previous month. In the capital house prices remain the most expensive, with the [...]
Moving markets: Five things shaping the FTSE 100 today November 7, 2023 Aussie bank hike, Chinese exports fall and central bankers opine on rates: What's moving markets and the FTSE 100 today
L&G’s modular homes venture reports £94m loss as it winds down business November 6, 2023 Legal & General’s modular homes subsidiary reported losses of almost £94m last year as the insurance giant moved to close its factory and run down the pet project of outgoing chief executive Sir Nigel Wilson.
Buy this private Caribbean island with crystal blue waters for less than a London flat November 6, 2023 Surrounded by crystal blue waters with plenty of fish, perfect for swimming and snorkelling, this exotic private island could be yours for less than the cost of an average London flat. Perfect for an unusual second home or a completely off-grid retirement plan. Iguana Island spans five acres and sits 12 miles from the Nicaraguan [...]
Mortgage rates are dropping — could they ‘continue to edge downwards’? November 6, 2023 A managing partner at Knight Frank Finance said the below five per cent mortgage rates would help improve property market sentiment
Interest rate hikes send 738 real estate investment firms under this year. What does this mean? November 6, 2023 Insolvencies of real estate investment companies have increased 16 per cent in the past 12 months, with up to 738 businesses going under.
The Notebook: Jo Streeten goes back to her old university November 6, 2023 The notebook is a place for interesting people to say interesting things. Today, it’s the turn of Jo Streeten, managing director at AECOM.