Try fine German wine at fabulous Somerset House September 16, 2021 Eva Fricke’s wines are much sought-after, often going for as much as £3,000 per half-bottle at auction. Her Lorcher Krone Riesling Trockenbeerenauslese 2019 is the first wine to score 100 points from the respected American publication The Wine Advocate. Only eighteen bottles are in existence. Now you can sample some of her wares alongside those [...]
UK house prices bounce back with 2.1 per cent rise December 6, 2019 UK house prices were 2.1 per cent higher last month then they were a year ago at an average price of £234,625, according to the Halifax House Price Index. Prices also grow on a monthly basis, rising 1.0 per cent from October. Read more: UK house prices: Growth picks up in November It means an [...]
Foxtons sees revenues rocket amid stamp duty-driven housing boom April 14, 2021 Foxtons has seen impressive revenue growth in the three months to 31 March, at a time when house prices are at an all-time high amid the stamp duty holiday. Group revenue at the estate agent in the first quarter of 2021 stood at £28.5m, up 24 per cent on the same period last year. [...]
Covid recovery: IMF predicts UK economy to grow fastest of all G7 nations July 27, 2021 The UK economy is set to recover much faster than expected from the Covid crisis as a resurgence in consumer spending and the success of the vaccine rollout boosted official forecasts. According to the International Monetary Fund’s latest World Economic Outlook report, the UK economy will expand seven per cent this year, a sharp increase [...]
Savills profits swell eight-fold, reaping rewards of a UK house buying frenzy August 5, 2021 Real estate services group Savills has seen its profit before tax surge more than eight-fold in the past six months, as the firm posted record levels of UK residential transaction advisory. The firm raked in revenue of £932.6m in the six months to 30 June, up by some £141.2m in comparison to last year. Meanwhile, [...]
Political drama has served as a distraction from the crises facing British businesses November 22, 2021 This last two weeks in many ways saw high political drama. A governing party that tried to rig the system so one of its own could continue in a second job that is clearly against the rules. The revelation that a sitting Conservative MP received £133m for test kits which had to be recalled. And uproar across our northern regions when a long standing political promise to deliver rail was outright broken. [...]
Eurozone construction activity continues rebound from Covid lows July 6, 2021 Eurozone construction activity continues to march on from its Covid lows, according to a closely watched business survey released today. The IHS Markit Eurozone Construction Total Activity Index was unchanged over the last month, reaching 50.3 in June, indicating a marginal expansion in construction activity. This was the fourth consecutive month that construction firms in [...]
UK retail sales jump 1.6 per cent in January after Tory election victory February 20, 2020 UK retail sales excluding fuel jumped the most in almost two years in January, official figures showed today. Retail sales rose excluding fuel 1.6 per cent compared to the month before as the new year got underway, the Office for National Statistics (ONS) said. And retail volumes rose 0.9 per cent to recover from falls [...]
London house prices suffer UK’s biggest September drop November 13, 2019 House prices in London suffered the biggest September drop in the UK, according to the latest data. Homes in the capital fell 0.4 per cent year on year that month, compared to house prices’ average increase of one per cent in England. That left London house prices with an average value of £474,601. UK house [...]
All Hale: why this Tottenham area is a new residential superstar December 8, 2021 Tottenham Hale in North London’s borough of Haringey is part of one of the largest “opportunity areas” in the capital, receiving £1bn worth of new development and a £30m upgrade to Tottenham Hale station. “This is a really exciting time for Tottenham Hale,” says Tom Goodall, head of residential at property developer and investor Argent [...]