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  • Labour Party has suffered under Corbyn’s leadership, says top Labour donor John Mills

    June 25, 2016

    The Labour Party has lost touch under Jeremy Corbyn's leadership, Labour's biggest individual donor John Mills has said. Mills, the founder of shopping firm JML Group and chair of Labour Leave, told City A.M. that Corbyn's views don't necessarily reflect that of the party. Mills, who donated £1.65m of shares in his shopping channel company to the party, said the Labour leader [...]

  • Focus On Harrow: Why this north west London suburb is popular with families and first time buyers

    June 24, 2016

    The north west London suburb of Harrow is all too often synonymous with the prestigious boys’ boarding school with which it shares its name. Certainly, the school has influenced the growth of central Harrow through the centuries; following a big expansion of the school in the 19th century, housing was built for its staff resulting [...]

  • Here’s how Brexit will affect house prices, according to experts

    June 24, 2016

    It's official: we're out, after almost 52 per cent of the UK population voted in favour of Brexit.  There had been conflicting views of how a vote to leave the EU would affect house prices before the referendum took place, with some suggesting a falling pound would cause foreign buyers to flock to the UK property market, [...]

  • Housebuilding shares are being hammered by Brexit

    June 24, 2016

    Shares in FTSE 100-listed housebuilders were hammered in early morning trading as investors panicked over the outcome of the EU referendum. Shares in Taylor Wimpey lost a third of their value, falling to 128.9p in early trading, while Persimmon fell 27.5 per cent to 1,520p and Berkeley Group fell 26.9 per cent to 430.2p. Meanwhile, Berkeley [...]

  • Before the bell: What you need to know before the US market open

    June 23, 2016

    Polls are open for the UK's European Union membership vote. Markets are betting people will opt to stay however and rallying around the world. Here's what you need to know before the US market open at 2:30pm London time.  In the pre-market the S&P is up by 0.95 per cent, while the Nasdaq is one per cent higher. [...]

  • I’ve already voted, but I’ve changed my mind – and it’s all to do with house prices…

    June 23, 2016

    I’ve long been a eurosceptic – suspicious of the EU regime and its unelected, barely accountable opacity-swathed ethos. I’m a democrat and a free markets kind of guy who objects to a lurching federal super-state, any hint of a single currency or a loss of our sovereignty. Unelected autocrats in expensed Mercedes doing as they [...]

  • Sadiq Khan slams Boris Johnson’s “toothless” Concordat housing scheme at Mayor’s Question Time

    June 22, 2016

    Sadiq Khan has slammed former mayor Boris Johnson's flagship housing scheme for failing to stop new London homes being sold as "golden bricks" to overseas investors. Johnson's Concordat scheme, which was launched in 2014, was pitched as the solution to stopping major developers advertising London homes abroad first for overseas buyers, who had months more [...]

  • Eurozone buyers are getting a £26,000 discount on the price of London property

    June 22, 2016

    Buyers from the eurozone are bagging £26,000 discounts on London property due to sterling's depreciation over the past weeks as markets react to the UK's vote on its membership of the European Union. London estate agents Stirling Ackroyd have estimated that the depreciation of sterling in June has meant that the average house price in London stands [...]

  • City Moves for 22 June 2016 | Who’s switching jobs

    June 22, 2016

    Blackwell’s Independent bookseller Blackwell’s has confirmed the appointment of its head of operations, Kate Stilborn, to the company’s board in the newly created role of customer service & operations director. Kate, who has been with Blackwell’s for 23 years, will oversee its commitment to delivering excellence in customer service across multiple channels, including online, and [...]

  • A Brexit view from Berlin: On balance, we would miss the Brits

    June 22, 2016

    Jointly owning a property in Germany without a contractual agreement can be very risky. Statistically, people in Germany own a property for longer than they are married. If the respective property is jointly owned and the marriage breaks up, it can result in mortgage difficulties. For many Britons, its relationship with the European Union might [...]

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