Exclusive: Demand has to be tackled alongside supply, says energy boss September 5, 2022 The Government needs to combine support for households with policies that will cut supply demand, argued Good Energy boss Nigel Pocklington.
Exclusive: Fracking revival draws mixed response from industry analysts September 5, 2022 The growing possibility of fracking being revived in the UK has drawn a mixed response from energy analysts and think tanks.
This week: Housebuilding space to come under spotlight with key players revealing results September 5, 2022 Investors will get a good idea of how the housing market is faring with a trio of leading housebuilders unveiling financial results this week. Barratt Developments, Berkeley Group and Vistry are all set to update shareholders on their performance amid reports the housing sector is losing steam. London-listed housebuilding giants Barratt, Berkeley, Persimmon and Taylor [...]
Saturday Read: Cash-strapped home owners turn their properties into personal cash machine September 3, 2022 The amount of wealth being released through equity release could pass £6.5bn by 2025 after more than a decade of increasing popularity and growth. Overall, in the ten years following 2011, the amount of property wealth being freed up through equity release increased by 508 per cent, reaching the 2021 total of £4.8bn. Back in [...]
Waitrose admits it signed deals with landlords to block rivals from opening nearby stores September 2, 2022 Waitrose has admitted to signing deals with landlords halting other supermarkets from opening nearby for a decade, following a probe by the UK competition watchdog. The supermarket, which is owned by the John Lewis Partnership, has said it has re-written property deals for numerous sites to allay competition concerns. The Competition and Markets Authority (CMA) [...]
Westminster push for North Sea fossil fuels slammed by climate groups September 2, 2022 Climate groups have criticised Westminster's latest attempts to boost oil and gas production in the North Sea.
Buying property through NFTs is ‘the future’, says founder of London agency September 1, 2022 After spotting a gap in the market, West London City Lets has unveiled new sub-agency Tokenized Properties – which allows landowners to buy and sell using Non-Fungible Tokens (NFTs). The new agency is the UK’s first property firm to facilitate the sale of physical land through an NFT, having just listed the first deal of [...]
UK house price growth slows to 10 per cent as energy crisis batters Brits September 1, 2022 Annual UK house price growth slowed to 10 per cent in August, from 11 per cent in July.
City Moves: Who’s switching jobs in the Square Mile? September 1, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. QuadReal QuadReal Property Group has appointed a Deutsche Asset Management lead as its vice president of research and strategy. Farhaz Miah is set to oversee research across UK and European markets. Reporting to executive vice president Rosemary [...]
We need to build houses for renters as well as owners August 31, 2022 Adam Neumann, for better or worse, was at the forefront of a revolution of how people viewed the office. Now the former WeWork founder has turned his attention to a different kind of real estate, as cities around the world struggle with overheated rental markets. Before WeWork, Neumann first wanted to start a co-living concept, [...]