The art of war – SAS soldier hopes to make a mint for charity with NFT digital artwork December 13, 2021 A British special forces soldier is bringing the brutality of the battlefield to the world of art by releasing a series of digital artworks in a bid to raise awareness of environmental issues - particularly those caused by conflict.
Clock ticking on Roman Abramovich after he puts Chelsea up for sale March 2, 2022 Chelsea owner Roman Abramovich has put the Premier League club up for sale – but faces a race against time to find a buyer amid the continued threat of sanctions. Abramovich has hired US bank the Raine Group to advise on a deal and is believed to want £3bn for the reigning European champions, who [...]
Meggitt chairman says government must be prepared to intervene in takeover war August 15, 2021 The chairman of defence technology firm Meggitt has said that the government has to be prepared to intervene in a takeover battle for the company to guarantee a commitment on future investment and jobs. Sir Nigel Rudd said any prospective buyer of Meggitt had to give assurances to keep the firm’s Coventry headquarters open and to [...]
House sales drop by over half as stamp duty holiday winds down July 12, 2021 House prices were down 60 per cent on the five year average in the first week of July as the stamp duty holiday comes to an end. This follows a bumper June, with the number of UK property transactions last month set to be the highest on record according to Knight Frank. Tax savings fell [...]
Bank of England drops mortgage market affordability test after less than a decade June 20, 2022 The Bank of England said this morning that its Financial Policy Committee will withdraw the so-called mortgage market affordability test. “Following its latest review of the mortgage market, the Financial Policy Committee has confirmed that it will withdraw its affordability test Recommendation,” the BoE said in a statement. This will come into effect from 1 [...]
UK car sales grow but industry warns troubles are not over December 6, 2021 After four months of consecutive decline, new car registrations showed signs of recovery, going up 1.7 per cent in November compared with the same time last year. According to data from the Society of Motor Manufacturers and Traders (SMMT), 115,706 cars were registered last month, with electric vehicles becoming the main drivers beyond the demand. [...]
More gambling firms on US operators’ shopping list, says industry titan October 4, 2021 GAMBLING firm 888 Holdings could be next on US operators’ London shopping list, according to one high-profile industry figure. Speculation that more UK betting firms could be bought up by stateside giants has intensified after DraftKings formalised a proposal to buy Ladbrokes’ owner Entain last month. That follows the 2020 purchase of William Hill by [...]
Bargain hunt: One in three London homes fetch lower asking price August 5, 2021 London’s property market has become a buyer’s market, driven by demand flowing out of the capital and into areas such as the commuter belt since the onset of the Covid crisis, according to new figures published today. Research by London estate agent Benham and Reeves reveals nearly one in three properties in the capital have [...]
House prices to surge another £50,000 over next five years July 27, 2021 House prices are expected to surge another £50,000 over the next five years, further reducing affordability in the UK property market, according to new forecasts published today. Estate agent Savills predicts house prices will jump nine per cent this year, driven by the extended stamp duty holiday and prospective buyers rushing to purchase larger homes [...]
First time buyers: Homes in London 26 per cent cheaper but affordability remains an issue February 22, 2024 First time buyers in London are spending 26 per cent below the UK market average, but the majority of buyers are struggling with affordability. According to a new report by Zoopla, the average cost of a first time property in London is £399k, which is around £140k cheaper than a typical home would cost in [...]