After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Ashtead Group’s share price is on the up, building on a set of good results June 14, 2016 Ashtead's share price was on the up in morning trading after the construction equipment provider announced a set of strong results. The figures Ashtead's rental revenue for the year grew 17 per cent. There was also double-digit growth for the company's pre-tax profit, up 24 per cent to £645m, from £490m in 2015. This year the company invested £1.2bn [...]
Housebuilder Crest Nicholson’s shares fall – despite rebuffing Brexit blues June 14, 2016 Nothing can dampen the profits of a housebuilder, not even Brexit – housebuilder Crest Nicholson this morning posted healthy results despite the uncertainty about the outcome of the UK's upcoming referendum. The figures In its half-year report this morning, Crest Nicholson announced pre-tax profits at the firm were up 26 per cent in the six months [...]
Focus On Walthamstow: the outer London hotspot where house price growth is frankly ridiculous June 13, 2016 There was a time when the postcode East 17 was tainted in the popular consciousness by a band of shirtless youths with odd taste in hats. But, thankfully, those days are gone, and it’s been restored to its rightful owner, Walthamstow in north-east London, and it’s one of the fastest-growing, up-and-coming places in the capital. [...]
European investors have little to fear from a Brexit – but we can only guess, says legal specialist June 13, 2016 Every week, City A.M. invites an industry professional to write an opinion piece for Hot Property based on their expertise and experience. Traditionally, British people buying properties abroad have tended to favour Europe, purchasing in the key markets of Spain, France, Portugal and Italy, as well as Greece, Cyprus or Malta. There are very practical reasons [...]
These are the top concerns for UK landlords (Brexit is pretty low down) June 13, 2016 As everyone else bites their nails over the EU referendum, the outcome of the big vote has only just made it into the list of the top concerns of UK landlords. Instead, their top worry is the exemption of residential property from the new capital gains tax cuts, according to a survey by Amicus Property Finance. Read more: Brits [...]
Brits fear their house price won’t recover for five years if the UK votes to leave the EU June 13, 2016 As the EU referendum looms and the nation worries about everything from immigration to the economy, it emerged today that the public is worrying about the price of their home too. Research from Wellesley Finance showed that 61 per cent of Britons who think their house price will drop if Britain leaves the EU worry [...]
Why conveyancing is where it’s at for legal eagles, but bad luck if personal injury is more your focus June 13, 2016 Fees for lawyers with a head for conveyancing were as safe as houses last year, research out today has found. According to the study by chartered accountants Hazlewoods, fees for law firms which specialise in residential conveyancing rose by 15.4 per cent on average in 2015, while those specialising in commercial conveyancing also received a 8.7 per cent boost [...]
Say what you like about the EU referendum – but Brexit isn’t going to hit UK house prices June 13, 2016 Why leaving or staying will have no impact on house prices In the run-up to next Thursday’s referendum, there have been some flabbergasting claims made by both sides. Suppositions made include the premise that leaving the European Union would lead to war and recession (although it was not made clear in what order these will [...]
London house prices: Property owners in prime central London are selling their homes to free up savings, according to new research June 13, 2016 London home-owners are selling their premium properties to free-up savings, according to new research. Four in 10 sellers in London put their homes on the market in order to release their investments in the first quarter of this year, making this the most prominent motivation behind selling up. Just under one third (29 per cent) of [...]
How drones have opened up a whole new world for insurers June 13, 2016 The popularity of drones could drive growth in some sectors of the insurance industry, one City law firm has said today. According to RPC, the new technology is increasing the demand for specialist drone insurance, which providers operators with cover that may not be available under traditional public liability policies. "Major issues do remain to be resolved for insurers – [...]