In hindsight, we don’t need no education: Almost three-quarters of millennials regret going to university August 10, 2016 Almost three quarters of millennials in London are relying on a one-off event to help them repay their student debt, new research from Aviva reveals. More than a third are hoping for a promotion, while 20 per cent are awaiting some form of family inheritance and another 20 per cent are hoping to win the [...]
House prices rebounded in September after the Brexit vote lull September 19, 2016 UK house prices are rebounding from the lull that immediately followed the Brexit vote, according to data from Rightmove. Asking prices have increased 0.7 per cent month-on-month, Rightmove said. In the weeks after the Brexit vote, Rightmove found that prices fell by 0.9 per cent. But first-time buyers are finding it increasingly difficult to get on [...]
No, vinyl isn’t bigger than digital downloads – but it could easily outlive them December 9, 2016 Earlier this week, a story did the rounds which prompted some debate in the UK music world. This is the news from Entertainment Retailers Association (ERA), which suggested digital music had been beaten in sales by that stubborn old minx, vinyl, for the first time since its inception. A rare positive tale of a physical [...]
Commercial and City property prices crumble following Brexit vote August 7, 2016 The extent of damage to commercial property prices caused by the UK vote to quit the European Union will be laid bare this week. Analysts at UBS Asset Management expect figures from Investment Property Databank to show on Friday that commercial property values fell by four per cent in July with the value of City offices [...]
Bank shares and stress tests: the value investor’s verdict December 8, 2016 The Bank of England’s latest stress tests of the UK banking system attracted many column inches of space in the newspapers last week. The aim was to calculate whether these institutions would have enough capital to withstand certain grim scenarios. Moving away from some of the inflammatory headlines, it is worth looking in more [...]
Bank shares and stress tests: the value investor’s verdict December 8, 2016 The Bank of England’s latest stress tests of the UK banking system attracted many column inches of space in the newspapers last week. The aim was to calculate whether these institutions would have enough capital to withstand certain grim scenarios. Moving away from some of the inflammatory headlines, it is worth looking in more detail [...]
US teleco AT&T wants to send internet via power lines September 21, 2016 US teleco AT&T has unveiled ambitious plans for wireless internet using power lines. Amid rising concerns that fiber broadband is going to be too costly and difficult to roll out nationwide, tech and telecoms firms are searching for alternatives to traditional internet connections. AT&T reckon the technology will be easier to deploy than fiber, can run over license-free spectrum [...]
City Moves for 20 September 2016 | Who’s switching jobs September 20, 2016 Newcore Capital Management Newcore Capital Management, the alternative real estate investment manager, has made two appointments to support its growth strategy. Neil Sarkhel has joined as an associate and Iain Cobban has joined as an assistant investment manager. Neil will be responsible for underwriting potential acquisitions and disposals, while leading on a number of business [...]
Conservative MP Jacob Rees-Mogg says there could be another general election as soon as this autumn June 24, 2016 There could be a general election in the autumn, Conservative MP and Leave campaigner Jacob Rees-Mogg has warned. "I wouldn't rule out a new election altogether. It's complicated under the Fixed Term Parliament Act, but it's not impossible," he said. His comments come as the Leave camp gained ground through the night. The possibility of Brexit [...]
Commercial rent edged up in the second quarter, with London outperforming the rest of the nation July 27, 2016 Central London shops have been helping to boost rental growth in the second quarter of 2016, according to CBRE. Rents in UK prime commercial property were up one per cent in the second quarter of 2016; high street shop rents were up 2.8 per cent. Industrial rents grew by 1.4 per cent. Read more: Demand for commercial [...]