Emma Raducanu: US Open win makes British teen a smash with sponsors : CityAM September 13, 2021 Emma Raducanu’s fairytale triumph at the US Open has not only made her the new darling of British tennis but also among the hottest properties in sport for sponsors. The 18-year-old from Bromley became the first Englishwoman to win a Grand Slam since Virginia Wade in 1977 when she beat fellow teenager Leylah Fernandez on [...]
Emma Raducanu: British tennis sensation set to be inundated with sponsor offers following fairytale run at the US Open September 10, 2021 Emma Raducanu’s fairytale run at the US Open has not only made her the new darling of British tennis but also among the hottest properties in sport for sponsors. The 18-year-old from Bromley could become the first Englishwoman to win a Grand Slam since Virginia Wade in 1977 when she faces fellow teenager Leylah Fernandez [...]
Exclusive: Coutinho, Ronaldo, Bale, Grealish and other mega transfers to push Premier League spending to £55bn by 2050 September 9, 2021 Premier League clubs’ spending sprees will amount somewhere close to £300m annually in the next 30 years, according to new research that was shared with City A.M. this afternoon. The average outlay per club is set to be £286,996,502 in 2050, an increase of 135.99 per cent, while the average fee paid by top-flight clubs [...]
Home sales drop for second month in a row September 9, 2021 Home sales have fallen for a second month in a row as fewer homeowners are listing their properties for sale. The pace of house price growth is just starting to ease as the government’s stamp duty holiday is tapered out, according to the RICS UK Residential Market Survey for August 2021. New buyer enquiries dropped [...]
London calling: Landlords raring to return to 2019 rents as tenants battle for places September 8, 2021 Londoners looking for a new place to rent are struggling against a competitive market as the number of available properties has dropped by 58 per cent. While there are less properties available on the market for renters compared to August 2020, there has been a 55 per cent boost in the number of tenants searching, [...]
Mishcon de Reya launches new £150m litigation financing unit September 8, 2021 Law firm Mishcon de Reya has today announced plans to launch a new litigation funding unit with Harbour, one of the biggest litigation and arbitration funders in the world. The new venture, known as MDR Solutions I, will be used to assess and finance prospective litigation and arbitration cases originated by Mishcon de Reya clients [...]
London’s rental crash bottoms out as landlords see first signs of recovery September 8, 2021 The decline in London’s residential rent market appears to have bottomed out, with the latest average rent figures suggesting a return to positive territory in the near future. The average London rent was tracking as low as -9.4 per cent year-on-year in January, but that figure has now recovered to just -3.8 per cent. And [...]
PM hikes National Insurance and dividends tax by 1.25 per cent to pay for NHS and social care reform September 7, 2021 Britons will be hit with £12bn-a-year tax rises to pay for increases in NHS and social care spending, with National Insurance and dividends tax in Boris Johnson’s crosshairs. A new Health and Social Care Levy will effectively hike National Insurance Contributions for employees and employers by 1.25 per cent from April 2022, while taxes on [...]
House prices continue climb but signs of slowing begin to show September 7, 2021 House prices increased to another record high in August but the pace at which they are climbing is slowing. Monthly growth sat at 0.7 per cent in the month just gone, leaving prices up 7.1 per cent year on year, according to the Halifax House Price Index. The latter figure is down from 7.6 per [...]
Foreign cash influx: UK properties firmly back on the radar of foreign investors September 6, 2021 New and returning overseas investors are poised to enter the UK property market following the disruption caused by the coronavirus pandemic, new figures that were released today suggest. Knight Frank said its web traffic data showed nearly a quarter (24 per cent) of users looking at sales and lettings properties in August were based abroad. [...]