Berkeley, Persimmon and Barratt hit by house price slowdown July 1, 2025 Weak growth in UK house prices has hit the shares of the UK leading listed homebuilders, with pundits concerned that a demand for private housing will prevent the government from reaching its ambitious housing goals. Berkeley’s share price has dropped by more than eight per cent in the past month and Persimmon is down four [...]
From deathbed to boardroom: Omaze CEO reveals how flatlining changed him forever July 1, 2025 Matt Pohlson “was supposed to die” when he was born and certainly not hang around long enough to found Omaze, the global juggernaut aiming to revolutionise the high-end property market. Born with a stomach twisted into a knot, Pohlson underwent surgery to save his life – an experience he thought was supposed to happen once [...]
Enjoying Saudi’s Growth July 1, 2025 How $1 trillion investment from PIF, and a fast-growing economy, make a strong investment case for global institutional investors. London, UK – Saudi Arabia’s sweeping urban transformation and ambitious real estate agenda were spotlighted in London at “Capitals London,” a two-day investor briefing held at Grosvenor House, Mayfair. Hosted by Tahaluf, the organizer of Cityscape Global, [...]
Vodafone and Virgin Media O2 strike £343m deal June 30, 2025 Vodafone has received a boots worth £343m from Virgin Media O2 just a few weeks after its mega merger with Three was finally approved. Virgin Media O2 has agreed to pay £343m for a tranche of mobile spectrum from Vodafone UK in a deal which is hoped will help shore up its network capacity amid [...]
Clarks cuts over 1,200 jobs as sales fall by almost £100m June 30, 2025 Clarks cut more than 1,200 jobs as its sales slumped by almost £100m during its latest financial year, it has been revealed. The Somerset-headquartered shoe retailer has reported a revenue of £901.3m for 2024, down from the £994.5m it achieved in 2023. New accounts filed with Companies House also show that Clarks’ headcount fell from [...]
Rayner urged to reform landlord fees in Renters’ Rights Bill June 30, 2025 Deputy Prime Minister Angela Rayner has been urged to reform high landlords’ fees in the upcoming Renters’ Rights Bill to help balance the market. In a letter to the Housing Secretary, lettings and property management agent Hello Neighbour said that landlords were being charged £2bn in London alone in “excessive fees”. These fees are related to exit [...]
House sales keep increasing but price inflation slows June 30, 2025 Housing market activity has continued at its fastest rate for four years, although with plenty of choice available, house prices are under pressure, according to Zoopla’s latest house price update. Prices grew by 1.4 per cent year on year in May, according to Zoopla’s latest house price index. “There is plenty of demand to buy [...]
London’s 5G rollout is being strangled by a failed legal model June 27, 2025 London’s position at the bottom of Europe’s 5G performance rankings is the direct result of a failed telecoms access policy that has deterred investment, triggered mass litigation, and paralysed rollout. The Electronic Communications Code (ECC), reformed in 2017 to cut costs for mobile operators, removed the requirement to pay market rents for infrastructure sites. Instead, [...]
Driving a Ferrari Purosangue through sleepy St Mawes, Cornwall June 27, 2025 Ah, Cornwall, the second home capital of England. Of course, the locals loathe the incoming hoards from West London and the home counties, breezing in for a few sunny weeks of the year with their 4x4s, yoga mats and Big Green Egg barbecues. Following the G7 summit held in Carbis Bay in 2021, an especially [...]
How thriving, free-market Hong Kong came under the boot of communist China June 26, 2025 What began on this day in 1843 ended in a strange form of decolonisation. The UK handed over a territory to China, not by popular demand, but to abide by international treaties, knowing that to the other side such agreements were worthless, says Eliot Wilson If you have any real memory of the handover of [...]