How Bitcoin and crypto could revolutionise the housing market February 23, 2023 While crypto currency like Bitcoin is too volatile an asset to be presetly useful for completing property transactions, there are myriad ways the technology could be applied to property purchases. Here are some ways crypto could change how he sees the future of property sales and how the blockchain could be at its heart. DOES [...]
Isa explainer: should you go for cash or stocks & shares? February 23, 2023 Savers have just over four weeks to make the most of this year’s tax-free savings allowance. We look at the different types of ISA available and how to find the one that’s right for you. Individual Savings Accounts, or Isas, were introduced by the government to encourage more people to save and allow savers to [...]
The Square Mile and Me: Aon’s Dominic Christian on the Lamb, the Broker and the City’s green ambitions February 23, 2023 Every week we ask the great and good of the Square Mile to share their memories of the City – and their favourite pubs and restaurants. This week it’s Dominic Christian, Chair of Aon’s Global Reinsurance Solutions business and a City councilman First memory of the Square Mile Scary, surreal, fascinating. Suits everywhere. Everyone seemed [...]
The Notebook: Victoria Scholar on a wave of bank results, Elon Musk, and a holiday read February 22, 2023 The Notebook is where interesting people say interesting things. Today it’s Victoria Scholar, head of investment at interactive investor, on bank results, Elon Musk and an unputdownable holiday read Bank on it? With UK banks currently reporting earnings, key themes so far have been rising interest rates, growing credit loss provisions, share buybacks, volatile financial [...]
Flagship £450m green energy boiler scheme needs urgent reform to prevent it failing, Lords committee warns February 22, 2023 The government’s boiler upgrade scheme is failing to deliver on its objectives, warned the environment and climate change committee.
Rent controls will only help those already in homes and hobble everyone else February 21, 2023 Sadiq Khan thinks rent controls are a great idea for London. They're not: they would reduce investment and therefore supply in a private rented sector that's already struggling, writes Ian Fletcher
Tesco ‘considering sale’ of Tesco Bank, according to reports February 20, 2023 Tesco is considering selling Tesco Bank, according to Sky News which has reported that the supermarket giant has started a review process for its banking arm. The review is at a very early stage, according to insiders, and may not lead to a formal sale process. A partial sale or joint venture may also be [...]
Lloyds Bank profit poised to be held back by setting aside millions to cope with cost of living defaults February 20, 2023 A build up of reserves to cope with an expected jump in loan defaults and a slow down in the mortgage market is expected to have held back profits at Lloyds Bank last year, results out on Wednesday could show. Britain’s biggest mortgage lender is poised to be the latest bank to underwhelm markets in [...]
House prices rose just £14 last month as Bank of England rate hikes chill demand February 20, 2023 UK house prices rose by just £14 last month indicating possible buyers are turning their noses up at sellers slapping huge tickets on their homes, new figures out today reveal. The average asking price for a home in the UK came in at £362,452, making last month’s increase the smallest between January and February since [...]
Made.com is no more – where to buy furniture online in 2023 February 19, 2023 When Made.com launched in 2010 it seemed like a miracle of the furniture world, creating stylish, affordable pieces that you were as likely to find in the home of a student as you were an architect. Over the next decade it would become so popular its mid-century-inspired designs became the de facto aesthetic in offices [...]