Time to target NHS in energy efficiency drive, says sustainability boss June 14, 2023 The government should encourage public sector bodies such as the NHS to ramp up energy efficiency measures, argues SDCL.
FTSE 100 close: Miners lift London’s premier index despite high wage growth sending rate fears spiralling June 13, 2023 Commodity giants lifted London’s main indexes on Tuesday despite concerns that the Bank of England will have to hike rates higher and faster on the back of the latest labour market figures. The capital’s premier index climbed 0.3 per cent to 7,594.78 points, although the domestically-focused mid-cap FTSE 250 index, which is more aligned with [...]
London homeowners face ‘grim’ mortgage cost hike of £7,300 if Bank raises rates again June 12, 2023 London homeowners looking to renegotiate their mortgage this year face a whopping £7,300 rise in annual costs as experts warn of the “grim reality” of rising interest rates. The Bank of England is predicted to hike interest rates for the 13th consecutive time this year to 5.5 per cent in efforts to cool soaring inflation, [...]
Protect your intellectual property June 9, 2023 Intellectual property (IP) is a vital aspect of how small and medium-sized enterprises (SMEs) become competitive and grow — so it makes sense to work with a legal partner that fully understands the IP landscape. HGF is one of Europe’s leading intellectual property firms. It brings patent attorneys, trademark attorneys and IP solicitors together to [...]
Explainer: The Woking case, and what happens when councils go bust June 8, 2023 This week, Woking Council declared effective bankruptcy with a deficit of £1.2bn. It is only the latest in a string of councils going bust, a result of the chronic local government underfunding that took place over the past decade. The Woking case is one of misguided investments. The council, which was controlled by the Conservatives [...]
FTSE 100 close: London indexes close lower over fears of further rate hikes and fragile housing market June 8, 2023 London’s main indexes closed lower on Thursday as investors feared further rate hikes and yet another report pointed to a gloomy future for the UKs’ housing market. The capital’s premier index fell 0.32 per cent to 7,599.74 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK [...]
Housebuilder: Truss mini-budget bruised consumer confidence – and cost us sales June 8, 2023 Property developer Crest Nicholson has reported shrinking sales amid “rapidly” falling consumer confidence and rising borrowing costs, following the September mini-budget. The firm said its revenue fell by more than a fifth to £282.7 million in the six months to the end of April, from £364.3 million the prior year. The decline reflected economic uncertainty [...]
What is the future of financial services regulation? June 7, 2023 Lord Holmes of Richmond emphasises the importance of the Financial Services and Markets Bill currently going through the House of Lords.
Barbarians at the gate? Private equity bonanza fails to materialise June 7, 2023 A flurry of predicted private equity deals failed to rear its head last month as sticky inflation and more interest rate pain forced dealmakers to reconsider an offensive, according to a London investment bank.
House prices: London and south east falling faster than rest of the country June 7, 2023 London house prices have fallen by more than the national average, according to new data, with the south east also hit hard