The 19 UK towns most at risk of a house price bubble: Cleveland, Blackburn and Blackpool come top October 12, 2017 UK house prices may still be rising, but with the Bank of England on the brink of hiking interest rates, the market may be about to change trajectory. Now, by comparing lending levels with house price rises, new research has listed the UK towns and cities most at risk if lending conditions change. Mortgage broker [...]
Editor’s Notes: The joy of Scan-dining, coming down to earth and never mind the Banksys October 12, 2018 The City’s restaurant scene has changed enormously even in the last few years. There’s more life in the Square Mile at weekends and more choice for City lunches than ever before. These are exciting times. A good way to get a sense of this is to embark, as I did yesterday, on a lunch safari. [...]
Shutterstock CEO Jon Oringer on putting profit first and selling his billionth image | City A.M. April 9, 2018 Many moons ago, there was a game called GoogleWhack. The objective was to return only one hit from a Google search query consisting of just two words. Naturally, with billions of pages indexed, it’s quite tough, and today, probably impossible. I propose a new, but similar, game using Shutterstock. Type in any two words, and [...]
UK house prices: The average price of a UK flat has risen by nearly £85,000 since 2009 May 21, 2017 Flat prices in the UK have soared over 50 per cent or nearly £85,000 since 2009, according to data from Halifax. The study found that growth in flat prices has upstaged growth in prices for other property types (39 per cent) in the last seven years. The average price of a UK flat has increased [...]
Focus On Forest Hill: Meet the up-and-coming part of south east London that’s been dubbed the “new nappy valley” November 16, 2017 Like a lot of south east London, Forest Hill likes to keep a low profile – lest anyone find out just how good it is. But as the affordability crisis forces more and more Londoners to search the nooks and crannies of the capital for decent housing, many of them have alighted upon this useful [...]
The house Gianni built: A look back on the history of Versace as it settles into life as a $2bn part of Michael Kors November 5, 2018 In the window of Versace’s Sloane Street boutique there's a black hoodie. On the left shoulder, right side, and both elbows are brightly coloured silk patches featuring Grecian and Etruscan motifs. Surrounding these, and looping around the collar and hood, are thick, furry, brown trims, similar to ones that hang from my grandmother’s sofa. It [...]
Housebuilders have become hooked on the government’s help to buy scheme August 7, 2017 Have we witnessed the beginning of the end of help to buy? Shares in UK housebuilders plummeted at the end of last week after reports suggested the government has asked the London School of Economics (LSE) to review the scheme’s efficacy. It is arguable the scheme, whose first iteration was launched in April 2013, is [...]
Autumn Budget 2017: Chancellor Philip Hammond’s speech in full November 22, 2017 You can read the chancellor's Budget speech in full here: Mr Deputy Speaker I report today on an economy that continues to grow, continues to create more jobs than ever before and continues to confound those who seek to talk it down. An economy set on a path to a new relationship with our European [...]
Interior design marketplace Eporta lands $8m funding from venture capital and angel investors including Guy Hands | City A.M. April 10, 2018 Interior design startup Eporta has nabbed $8m (£5.7m) in funding from an impressive list of venture capital firms and angel investors. London-based Eporta, which acts as a business-to-business marketplace where interior designers and offices can buy furniture from manufacturers directly, pulled in the cash in a series A round led by US firm Canvas Ventures. [...]
London house prices: Galliard is about to launch homes just for first-time buyers – and expects queues and “rapid sales” April 25, 2016 We all know how tough it is for first-time buyers to get a foot on the ladder, with recent estimates suggesting Londoners would need a six-figure salary to buy a home by 2020. So perhaps Galliard Homes is right to predict "queues and rapid sales" for its latest scheme The Landmark, which is being touted [...]