New Homes: What’s on sale in London this weekend in Hendon, Greenwich, Bow, Acton and the Docklands March 23, 2018 New developments on the market this week North West Four, Hendon From £675,000 Get more for your money in Zone Three with only a 30 minute commute to Bank. This gated development of 18 two and three bedroom apartments near Hendon Central station are also a 45 minute drive from four international airports. Spread across [...]
How and why rising trade tensions have moved stock markets March 23, 2018 We explain all of the ins and outs of the turmoil in markets this week, focusing on at what might happen next with escalating trade tensions. How far have stock markets fallen this week? Global stock markets have come under pressure this week on fears over escalating trade tensions. The selling has been most marked [...]
Focus On Hackney: How the London Overground caused a price surge in E8 March 23, 2018 Though the area around Hackney Central is better known as hipster central, the property prices certainly don’t reflect the salaries of young, freelance creatives. The E8 postcode has seen some of the most dramatic house price rises in the whole of London, a trend that has survived the plateau-ing – and declines – of recent [...]
Focus On Hackney: How the London Overground caused a price surge in E8 March 23, 2018 Though the area around Hackney Central is better known as hipster central, the property prices certainly don’t reflect the salaries of young, freelance creatives. The E8 postcode has seen some of the most dramatic house price rises in the whole of London, a trend that has survived the plateau-ing – and declines – of recent [...]
An underappreciated side effect of Brexit talks March 23, 2018 As the Brexit referendum nears its two-year anniversary, Brexit continues dominating economic and political media coverage. We have observed no shortage of angles, including: What is the latest snag in negotiations? Will Brussels and London make their deadlines? Can Prime Minister Theresa May keep her cabinet in order? We believe this nonstop Brexit coverage obscures [...]
China warns of trade war as Donald Trump mulls new tariffs March 22, 2018 Donald Trump could be about to spark another trade war, this time with China, as the US President is poised to announce an estimated $50bn of tariffs over intellectual property violations stemming from the country. Bloomberg reports that the US will target around 100 different products, and the value of the tariffs is based on [...]
New Look’s creditors approve deal to reduce rents and close stores March 21, 2018 New Look’s creditors this afternoon approved a deal to reduce rents and close 60 stores, likely leading to hundreds of job losses at the retailer. The fashion chain has secured a company voluntary agreement (CVA) with landlords, and said up to 980 staff will be made redundant in a raft of store closures. The CVA [...]
Rihanna roils markets as China bags a key element March 21, 2018 Garry White, chief investment commentator, looks at the market moving events that have shaped the UK equity markets this week (March 12 to March 16, 2018). This week, Barbadian singing sensation Rihanna managed to wipe $1bn off the valuation of tech group Snap, the Chinese secured a major cobalt deal to help it produce electric [...]
A sensible way to play the robotics megatrend March 21, 2018 In the next few decades, chief executives of major global corporations could all become redundant. They will be replaced by robots with highly-developed artificial intelligence, because machines are quicker, more rational and do not get bogged down with silly human emotions. That’s according to Jack Ma, the founder of Chinese internet behemoth Alibaba. Of course, [...]
Trade deficits and tariff wars: Rows to get worse before they get better March 20, 2018 In 2016 the US ran a deficit of $505bn on trade in goods and services, according to the World Bank. Germany ran a mighty surplus of $277bn on her trade, whilst China sold $250bn more goods and services than it bought from the rest of the world. Some economists see this as good news for [...]