New mortgages hit 10-year high as lending activity grows September 11, 2018 Mortgage lending picked up in the second quarter of the year, with new commitments hitting their highest level in more than a decade amid a bump in the number of first-time buyers coming onto the property market. Read more: London house prices set to hit lowest growth levels since financial crash The value of new [...]
M&A crashes across the globe as coronavirus freezes economic activity March 31, 2020 Dealmaking has plunged across the world as the calamitous health and economic impact of coronavirus sends M&A into the deep freeze. Data from Refinitiv showed global M&A activity in the first quarter is down 28 per cent on the same quarter last year at $697bn (£560bn). By number of deals, worldwide M&A has fallen 14 [...]
Porsche Taycan rear-wheel drive review: the best EV just got better February 3, 2021 The Taycan rear-wheel drive is the most affordable version of Porsche's sleek and sporty electric car. It might be the best to drive, too.
Four reasons why selling your house at Christmas might actually work December 13, 2019 Christmas is a time for many things. Family. Bad music. Overeating. One thing it’s not the time for is putting your home on the market. Or is it? According to some London agents, selling your house during the holidays might not be the complete no-no that you think. Here are some reasons why you might [...]
Nobel Prize in economics: What is auction theory and why is it important? October 12, 2020 US academics Paul Milgrom and Robert Wilson have won the 2020 Nobel Prize in economics for their groundbreaking work on the theory and practice of auctions. Milgrom and Wilson, 72 and 83 respectively, are both professors at Stanford University in California. They will split the 10m krona (£850,000) prize and each receive a gold medal. [...]
Bitcoin marks a significant step forward in trust for all of us March 12, 2021 Bitcoin marks a significant step forward in trust for all of us, says Michael Haynes, founder and CEO, Etherbridge.
Let it be: London councils should allow offices and shops to be converted into homes January 31, 2019 Amid all the Brexit brouhaha in Westminster it is important that parliamentarians do not forget the many other issues that affect people's day-to-day lives. Bravo, therefore, to MP Chris Philp for reminding Theresa May during yesterday's Prime Minister's Questions that the dream of homeownership remains all too elusive for many young adults – particularly in [...]
BA looks set to recover from pandemic, so why are its 40-something pilots giving up their gold-plated pensions? April 20, 2021 In turbulent times, when the future of a company is being called into question, it is not uncommon for staff to transfer out of their employer’s defined benefit (DB) pension scheme, if they have one. Although seen as “gold-plated”, some DB scheme members worry about their scheme falling to the pension lifeboat fund, and that [...]
Coronavirus: Redrow secures £300m facility through BoE’s emergency scheme April 9, 2020 Housebuilder Redrow has secured a £300m lending facility under the Bank of England’s emergency coronavirus financing scheme. The developer, which has furloughed 80 per cent of its staff using the job retention scheme, is also in talks to extend its existing revolving credit facility by £100m to £350m. Redrow said this morning that it expects [...]
Blockchain is Terrible for Supply Chain. Right? June 23, 2020 Blockchain gets a lot of bad press in general. Either the technology is being overhyped. Or it is being confused with cryptocurrency and taking on all the negativity around that. There is plenty of coverage around how blockchain won’t scale and does not have sufficient performance to be viable in the enterprise. And blockchain doesn’t [...]