Energy saving measures could provide £7bn boost to UK economy September 20, 2022 A Government backed programme to insulate homes could inject £6.8bn into the economy by the end of the decade, says Greenpeace.
Hunt plots an ‘OK, but’ budget to spread the pain and fling it to the future November 18, 2022 As Jeremy Hunt competed for headlines with the Australian soap opera Neighbours, its theme song was unwitting inspiration for his financial plan.
Mercedes-Benz SL SportLine review: star quality May 31, 2022 We drive the Mercedes-Benz SL SportLine – a restomod R107 with a modern makeover, including nearly 40 percent more power.
UK house prices grow at fastest pace in more than 15 years in April April 30, 2021 UK house prices grew at the fastest pace in more than 15 years this month, according to the latest research. The average house price was up 2.1 per cent month-on-month, the biggest monthly rise since February 2014. Annual house price growth rebounded to 7.1 per cent in April compared to 5.7 per cent in March, [...]
NFTs – the death knell of mortgages? December 8, 2021 The advent of blockchain, distributed ledgers and automated market makers has now allowed the exchange of titles instantly with 100 per cent surety on their authenticity at all times.
Young Londoners want to stay in the city, but most are being priced out of properties October 4, 2021 Most younger Londoners do not want to move out of the capital to afford a home, but current property prices remain the biggest obstacle to being a homeowner for more than half of them, according to new research. The research, from affordable housing developer Pocket Living, also found that just two in ten of London’s [...]
Lloyds sued by customers sold mortgages linked to house prices September 6, 2021 Lloyds Banking Group is being sued by 150 homeowners who were sold mortgages tied to house price appreciation. The case has been brought against the Bank of Scotland, now part of Lloyds, in the High Court. It pertains to shared appreciation mortgages which were sold to thousands of customers in the late 1990s, the product [...]
Rolls-Royce set to sell ITP Aero to Bain ‘for €1.6bn’ August 4, 2021 Rolls-Royce has entered exclusive talks to sell its Spanish unit ITP Aero to a consortium led investment house Bain Capital for a rumoured €1.6bn (£1.5bn). The FTSE 100 engineer is looking to raise £2bn from selling off various assets in a bid to restore its balance sheet after the travails of the coronavirus pandemic. ITP, [...]
US Democrats want more EV charging point funding to lower emissions in $1 trillion spending bill August 10, 2021 A group of 28 US House Democrats says the $1 trillion (£725bn) infrastructure bill poised for vote in the Senate falls short in electric vehicle (EV) funding. The current one trillion dollar bipartisan bill includes $7.5bn in electric vehicle infrastructure funding. The 28 Representatives have asked congressional leaders to add $85 billion towards an EV [...]
Rush to beat stamp duty deadline drives mortgage borrowing to record high July 29, 2021 A rush to complete house purchases before the tapering of the stamp duty holiday at the end of June drove mortgage borrowing to a record monthly high, reveal new figures published today. The Bank of England said mortgage borrowing hit £17.9bn in June, surging 163 per cent in just a month from £6.8bn in May. [...]