The Evening Standard says commuters coming back despite losses deepening July 12, 2022 The Evening Standard reported a loss of £14m for the last year as the commuter paper battled to draw office workers back to its pages. According to filings on Companies House, the firm faced a 36 per cent year-on-year fall in turnover from £44m to £28m last year. The London freesheet said that despite work [...]
Publisher Bloomsbury set to beat profits guidance after global bestseller March 30, 2022 Publishing group Bloomsbury said it was set to sail past profits and revenues expectations this morning as it felt the lift of a number of new fiction titles and a positive acquisition strategy.
Inland Homes shares plummet as it suspends shareholder buy-backs September 6, 2022 Inland Homes has announced it expects to make a heavy loss this year and has suspended its announced share buy-back programme.
December home transactions show ‘strong end to frenzied year’ as markets expected to slow January 21, 2022 According to HMRC data, the provisional seasonally adjusted estimate of UK residential transactions in December 2021 was 100,110. This marks a 20 per cent dip on December 2020 but a 7.6 per cent spike on the prior month. Last year also saw a record level of home transactions of almost 1.5m, the highest since 2007, [...]
Strongest year-start since 2005: Brits fork out average of £255,556 on houses as prices soar February 1, 2022 Buyers are paying more than ever before for their homes with the average UK house costing 11.2 per cent more than it did last year.
Housing stock running dry triggers market slowdown, new data suggests April 22, 2022 Homes changing hands has drastically slowed since the beginning of the year, with the market running dry of properties, according to the latest data. The number of properties up for sale has plunged a third, compared to stock levels available before the pandemic, research by Savills and data analyst TwentyCi has found. The UK’s property [...]
Crest Nicholson halts opening of new division as forward sales slow November 17, 2022 British housebuilder Crest Nicholson has halted the opening of its third new division as interest rates dampen the desire to buy a home. The FTSE250 housebuilder is not the first to voice caution over rising rates, which have pushed up mortgage costs for many – deterring Brits from jumping onto the property ladder. Forward sales [...]
House prices increase at fastest annual pace since 2007 as property values jump by almost 11 per cent March 7, 2022 House prices increased at the fastest annual pace since 2007 in February to reach a new record high, according to an index. At 10.8 per cent, the annual rate of house price growth was the strongest since June 2007, Halifax said. The increase took the average house price across the UK to a new record [...]
Legal & General shares fall after insurer scales back dividend plans due to Covid-19 November 12, 2020 Shares in Legal & General fell today after the insurance giant kept its final dividend payment for 2020 flat due the impact of the coronavirus pandemic and cut its five-year dividend growth target. In an update to the stock exchange this morning, Legal & General said it had delivered a “resilient” performance so far this [...]
Armac Martin – Beautiful, brilliant, British manufacturers May 4, 2022 The Victorian-era designer and tastemaker, William Morris said in 1880: “Have nothing in your house that you do not know to be useful or believe to be beautiful.” Birmingham-based Armac Martin has met this ‘brief’ perfectly ever since it was established in 1929 by Harold McGrail to make luxury brass fixtures and fittings for high-end [...]