Food and beverage M&A activity at highest since 2010 October 5, 2021 UK food and beverage M&A market activity was at its highest since 2010 this summer. Deal value between May and August, was at an estimated £3.9bn, according to corporate finance house Oghma Partners’ latest report. The year-to-date total value of recorded deals are estimated at £5.8bn – the nearest annual total was that 2015’s figure [...]
UK housing transactions slump in January as lockdown implemented February 23, 2021 UK housing transactions slumped last month due to the impact of national lockdown restrictions, according to the latest figures. HM Revenue and Customs data showed the provisional seasonally adjusted estimate of UK residential transactions in January was 121,640, a drop of 2.4 per cent compared to the previous month. The month-on-month drop is a typical [...]
First-time buyers offered new homes at up to half price under government scheme June 5, 2021 First-time buyers in England will be able to apply for a discount of up to 50 per cent on a new build home under a government project launched today. The First Homes scheme will help people onto the property ladder, which experts believe could spark a scramble for properties and further bolster the house price [...]
Record number of homes selling for the asking price or above June 25, 2021 A record number of homes that completed in January 2021 sold for their asking price or above, and those that didn’t missed the mark by only a small amount. More than a third (37%) of homes in England and Wales achieved their asking price or more in January 2021, while those that didn’t achieved on [...]
The Christmas Quiz: Twelve questions to test your grey matter December 14, 2022 Roll up, roll up, for the City A.M. quiz in association with Deloitte's economics team. Twelve questions, all (just about) related to business and economics
The unofficial economy of gossip has always been a powerful lure of the City February 8, 2022 The City has weathered an almighty storm over the last two years. And yet, there is still a strong appetite for people to come back to their offices even in the midst of so much uncertainty. The pros and cons of home working, hybrid and the office have been discussed at length. It has become [...]
Shanghai completely shut: ‘Extremely grim’ Covid outbreak in China’s biggest city deepens with 26m people confined to their homes April 5, 2022 Amid an ongoing lockdown confining around 26m in Shanghai, a city official said this afternoon local time that the Covid-19 outbreak in China’s largest metropolis of Shanghai is “extremely grim” The director of Shanghai’s working group on epidemic control, Gu Honghui, was quoted by state media as saying the outbreak in the city was “still [...]
Game on: Why Big Tech is betting big on gaming September 14, 2022 When Bill Gates said “content is king” back in 1996, he opened a can of worms that has become increasingly hard to contain. This content obsession has evolved in different ways in the last two decades, with the latest bet from Big Tech being on gaming. While the evolution of video games has been progressing [...]
A mews property perfect for a history buff September 24, 2021 Every property has a history. From the oldest country pile to the newest newbuild, the houses we construct tell us about the times in which we live: the fashions of the day, the materials we have access to, the relative wealth of the area. But not all properties have histories that reflect their circumstances as [...]
60 per cent of all properties sold in London hit by down valuations August 31, 2021 Nearly 400,000 UK property transactions have been down valued in the last year alone, according to research by London property agent Benham and Reeves, shared with City A.M. this morning. At 59 per cent, London is home to some of the largest levels of down valued homes of all UK areas and it also ranks third [...]