Exclusive: Oxylabs CEO on why controversial web scraping is coming out from the shadows July 12, 2022 The world’s largest and most progressive companies depend on web scraping, a technology that allows large-scale public online data gathering. Web scraping allows them getting deep knowledge of the market they are operating in, it is behind the competitor analysis and even influences product assortment. However, the potential of web scraping remains untapped – many [...]
No Brexit exodus: Foreign homeowners sit on £45bn worth of property in London alone July 12, 2022 It has been revealed this morning which areas of the property market are home to the highest value of homes owned by overseas homeowners, with the total market value of foreign owned homes currently standing at £90.7bn across England and Wales. Just shy of a quarter of a million homes are owned by overseas buyers, [...]
A fresh face in No10 should find some policy rather than campaign slogans July 11, 2022 IT IS now received wisdom that modern politics is about personality rather than policy. We are, apparently, in a post-ideological phase where the priority is a leader connecting with the electorate and seeming authentic. How else are we to explain the rise to power of Boris Johnson, a P.G. Wodehouse caricature who was always content [...]
Five top Kremlin-linked energy bosses have mysteriously been found dead since start of 2022 July 7, 2022 Five leading energy officials in Russia have now reportedly died in suspicious circumstances since the start of the year. A shipping boss with ties to the Kremlin, Yuri Voronov, was found with a gunshot wound at his property this week. This comes after four other officials with links to Moscow’s energy industry, and in particular [...]
UK house prices hit average of £294,845 in largest growth spurt since 2004 July 7, 2022 House prices leaped in June in the largest increase of monthly growth since 2004, hitting an average of £294,845 after months of declining growth. Climbing ever-closer to the £300,000 mark, house prices jumped 1.8 per cent in June, after climbing one per cent in May, when the average cost of a home was £289,099, according [...]
Letters: Property woes keep going July 7, 2022 [Re: Homeowners look to flog properties as UK house price growth slows, yesterday] The slight easing of the property market is a welcome sign for those who have been priced out during the relentless rise in house prices over the last few years. Likewise, the fact that homeowners with multiple properties are looking to sell [...]
PMI: House building shrinks for first time since beginning of pandemic July 6, 2022 A slowdown in the UK economy triggered by the cost of living crisis has led to house building stalling, a closely watched survey published today reveals. Activity in the UK house building sector dropped for the first time since May 2020, when the country was in the teeth of the most onerous pandemic restrictions, according [...]
Chairman of abrdn’s Chinese investment vehicle blames ‘zero-Covid-19’ policy for collapsing returns July 6, 2022 The chairman of abrdn’s Chinese investment vehicle has pinned collapsing returns on Beijing’s controversial ‘zero-Covid-19’ stance and geopolitical woes. While the country is still considered to have significant growth prospects in the long-term, returns on assets in the country have plunged 23 per cent in the six months to 30 April, reversing a nearly 19 [...]
M&G snaps up major stake in non-bank lender Finance Ireland July 6, 2022 London-listed M&G revealed it has snapped up a major stake in Ireland’s largest non-bank lender Finance Ireland today, as the international savings and investments firm looks to diversify and expand. FTSE-100 M&G has taken a 41 per cent stake in the firm, bosses said, with the investment made on behalf of the £143bn Prudential With [...]
Homeowners look to flog properties as UK house price growth slows July 6, 2022 Requests for property valuations have hit their highest since January, according to the latest research, as homeowners look to make the most out of the market while house prices are still hot. House price growth has been slowing since the beginning of the year, according to the country’s most watched indexes. While still breaking new [...]