Google share price surges after positive second quarter earnings report July 18, 2014 Safe to say that shareholders are satisfied with Google's latest batch of results. Shares in the search titan climbed today, up four per cent as investors piled into the stock following the firm's second quarter earnings report. The company led the S&P Index higher as US markets regain losses following Thursday's ruthless selloff prompted by [...]
London property market in graphs: Where is the easiest place to sell a house? July 18, 2014 We all know London house prices have been skyrocketing, and a 20 per cent rise in the last 12 months shows a market where demand is high and supply is low. But where is the easiest place in London to sell a house? Data from property website Rightmove shows how long a house stays on [...]
Cambridge beats London as fastest selling location for properties in UK July 17, 2014 Despite the talk of the London housing market overheating, it is Cambridge where houses are selling like hot cakes. According to data from Rightmove, a house in Cambridge stays on the website for an average of 27 days before it is marked as sold, above the average for Great Britain which is 65 days. Cambridge [...]
Bishopsgate: The City’s latest market, in pictures July 16, 2014 City workers made the most of the sun yesterday, visiting the new market on Bishopsgate, under the shadow of the Heron Tower. The pop-up market comprised of a number of campers selling freshly cooked lunch to City workers; a selection of food and seats provided in the sun ensured there was a brisk trade [...]
OnTheMarket: Estate agents to launch new site to rival Zoopla and Rightmove July 16, 2014 A group of estate agents yesterday announced that they had joined forces to create an online property portal to challenge the dominance of Zoopla and Rightmove. They said the portal would launch in January under the name OnTheMarket. Agents’ Mutual was founded last year by some of Britain’s biggest estate agencies, including Knight Frank and [...]
UK house prices in graphs: London sees 50pc rise in the number of high-end properties on sale July 15, 2014 The number of homes entering the market at above £500,000 rose by almost 30 per cent in the UK and 50 per cent in London in the last 12 months. According to research by Experian, houses between £250,000 and £500,000 rose by 16 per cent over the last year, putting volumes for both at their highest [...]
London house price rises reach 20.1pc, with UK prices up 10.5pc July 15, 2014 House prices rose 10.5 per cent year-on-year for the 12 months to May 2014, outstripping the 9.9 per cent rise registered for the same period last year and higher than the 10.2 per cent expected by forecasters. Rises were largest in London where prices increased by 20.1 per cent, higher even than April's 18.7 per [...]
Tech set to help drive London’s rents up a fifth July 14, 2014 Tech-related firms are set to overtake financial services and insurance as London’s biggest employer for the first time in 2018, helping to drive residential rental values as more workers search for a place to live in the capital. According to research released by Savills yesterday, an extra 368,000 people will be working in London in [...]
UK house prices: More expensive properties take up growing share of market July 14, 2014 More high-end properties are now entering the housing market than at any time in the last four years, according to a report released this morning. Figures from Experian show that the number of homes entering the British housing market worth over £500,000 is up by 29.9 per cent. The number of houses in the bracket [...]
Ecigarette boom boosts sales of new trademarks by 125pc July 14, 2014 Big tobacco firms registered over 650 new cigarette trademarks last year, a 125 per cent year-on-year jump, as they look to protect their multi-million pound investments in the fast-growing electronic cigarette market. In 2010 just 161 new cigarette trademark registrations were filed in the UK. By 2012 this had risen to 290 and last year [...]