UK house price growth has edged up from its November low December 29, 2016 December may traditionally be a bad time to try to sell your house – but UK house prices bucked the trend this month, with growth edging up from their low in November. Nationwide's house price index showed prices rose 4.5 per cent in the year to December, up from 4.4 per cent in November, its [...]
Co-op focuses on London and South East expansion as it sets its sights on 100 new store openings next year December 28, 2016 The Co-operative Group is planning to spend £70m to open 100 new stores across the UK in 2017, creating around 1,500 new jobs. The supermarket has said the new Co-op convenience outlets will be predominantly based in London and the South East, with other stores in Yorkshire, Scotland and Wales. Read more: Co-operative Group profit [...]
Are world stockmarkets good value going into 2017? December 22, 2016 Global stock markets have seen a turbulent year, but surprised many with the resilience shown after the Brexit vote and the US presidential election result. Both the US and UK markets are significantly ahead of where they started the year, as is Japan, although Europe – which faces a series of major elections in 2017 [...]
Are world stockmarkets good value going into 2017? December 22, 2016 Global stock markets have seen a turbulent year, but surprised many with the resilience shown after the Brexit vote and the US presidential election result. Both the US and UK markets are significantly ahead of where they started the year, as is Japan, although Europe – which faces a series of major elections in [...]
Crown Estate pushes ahead with £100m West End project after Brexit vote pause December 21, 2016 The Crown Estate has recovered from post-Brexit vote jitters to push ahead with a £100m West End development. The property company, which is owned by the sovereign, put the redevelopment of the Grade II listed building on hold after the EU referendum. Read more: Venture capital firm signs up to Crown Estate scheme But Crown [...]
House prices to stop tumbling in central London next year, according to chartered surveyors December 21, 2016 UK house prices are set to rise by three per cent next year and central London prices will stop falling as they have done throughout this year, according to chartered surveyors. The Royal Institution of Chartered Surveyors (Rics) has predicted that house prices will continue to rise on the back of a shortage of housing [...]
With changes to buy-to-let and a falling Lifetime allowance, 2016 was the year when venture capital trusts and other alternative investments went mainstream December 21, 2016 When life gives you lemons, make lemonade, so the saying goes. This blend of optimism and pragmatism has been vital during 2016. And those qualities continue to serve the financial services industry well, given the rule changes that are keeping product providers, financial advisers – and investors – on their toes. Take the recent adjustments [...]
Estate agent numbers fell in four out of ten London boroughs this year December 20, 2016 Estate agents have been dropping off the high streets of four in ten London boroughs. As the Brexit vote bites, and stamp duty taxes weigh on the upper end of the capital's property market, estate agents in some boroughs have been struggling. Read more: This is where house prices have increased the most this year [...]
These will be London’s property hot spots in 2017 December 20, 2016 This year, Zoopla crowned Dalston the UK's top property hotspot after house prices in the neighbourhood rocketed 60 per cent over the last five years. Shoreditch came second, with prices shooting up 58 per cent over the period. Both of these locations are celebrated for their hipster cafes and second-hand furniture shops – but they're fast [...]
CMA approves McColl’s acquisition of 298 Co-op stores December 20, 2016 Don't you love it when the Competition and Markets Authority (CMA) clears something just in time for Christmas? The CMA has given the green-light to McColl's acquisition of 298 Co-op stores. McColl's intention to take on the stores was first announced back in July, and now that the CMA has approved the deal, McColl's expects [...]