Days of soaring London house prices ‘are long gone’, says UBS September 30, 2019 The capital’s real estate market has moved out of bubble-risk territory for the first time in four years amid cooling London house prices, according to a new UBS report. An end to London’s housing boom has pushed the capital down a UBS index that ranks the cities with the biggest real estate bubbles in the [...]
New Homes: What’s going on sale in London this weekend, in Clerkenwell, Maida Vale, Balham, Stepney and Southall September 14, 2018 New developments on the market this week Postmark, Clerkenwell From £670,000 You won’t have far to walk to pick up your parcels if you buy one of these new homes on the same site as the Royal Mail Sorting Office. A mix of homes, shops and offices are planned for this six-year project that’s being [...]
New Homes: What’s going on sale in London this weekend, in Clerkenwell, Maida Vale, Balham, Stepney and Southall September 14, 2018 New developments on the market this week Postmark, Clerkenwell From £670,000 You won’t have far to walk to pick up your parcels if you buy one of these new homes on the same site as the Royal Mail Sorting Office. A mix of homes, shops and offices are planned for this six-year project that’s being [...]
Space race: Boeing invests $20m in Richard Branson’s Virgin Galactic as it prepares public listing October 8, 2019 Boeing is to invest $20m in Sir Richard Branson’s space-tourism venture Virgin Galactic, meaning it will have more money to take on rivals such as Elon Musk and Jeff Bezos in the commercial space race. Branson founded space venture Virgin Galactic in a bid to cash in on rising demand for space travel. He is [...]
Private Equity: The Weight of the COVID-19 Crown April 7, 2020 Private equity (PE) often claims the financial crown of outperformance. But I am referring to that other, now infamous, Latin word for crown — corona — the shape of which lends its name to the current coronavirus pandemic. So how will it affect PE? Introduction PE investing is about absolute return, not outperformance, in my [...]
Aston Martin is hoping next year’s James Bond movie will boost sales November 7, 2019 The chief executive of ailing luxury car manufacturer Aston Martin hopes next year’s James Bond movie will give the firm a financial boost. Shortly after announcing the company had fallen to a £13.5m loss in the third quarter of the year, Andy Palmer said the series usually gives Aston Martin a lift in China, a [...]
New report shows falling house sales persist amid ‘subdued’ London market July 12, 2018 June marked the 16th consecutive month of falling house sales in London, according to the closely watched survey from the Royal Institution of Chartered Surveyors (Rics). Prices in London continued to decrease, albeit at a lesser pace than the previous reports. The report, which shows falling prices as well as sales, suggests London’s "subdued picture [...]
London property market drags down UK house prices June 19, 2019 UK house prices were dragged down by subdued demand in London last month, as buyer caution continued to linger in the capital during April. London witnessed the lowest annual growth out of any region, with prices falling by 1.2 per cent over the year to April 2019, up from a fall of 2.5 per cent [...]
French Connection extends sale deadline June 28, 2019 French Connection has extended the deadline to complete a sale as the retailer confirmed it was in talks with a number of interested parties. The fashion brand had expected to close the deal in the first half of this year but has now pushed the date back to September. Read more: Sales fall again at [...]
To fix the housing crisis, ministers should listen to businesses in London – scrap the migration cap and build more homes in the green belt April 18, 2018 First-time buyers are going to extreme lengths to save up a deposit, according to an amusing survey published by Santander this morning. “Almost 2m are willing to swap nutritious meals for pot noodles,” the bank says, inadvertently casting doubt over the future of the global avocado market. The research also reveals that 38 per cent [...]