FTSE 100 and Wall Street rise on recovery optimism March 26, 2021 FTSE 100 climbed further this afternoon as Wall Street opened higher on renewed economic recovery optimism. London’s blue-chip index is trading 0.9 per cent higher this afternoon as higher retail sales triggered a new wave of confidence in the economic recovery. Mining stocks including Rio Tinto, Anglo American and BHP pushed higher after a slow [...]
London developer extends stamp duty holiday to October January 21, 2021 London developer Galliard Homes has extended the stamp duty holiday by six months, with the property company footing the bill. The company has extended the holiday to 1 October, while the official government tax break ends on 31 March, amid industry-wide calls for the deadline to be delayed. Galliard Homes said the extension, which applies [...]
MPs call for government crack down on Chinese CCTV surveillance from Hikvision and Dahua July 4, 2022 MPs have called on the government to ban sale and operation of widely-used CCTV brands linked to human rights abuses in China.
Shell moves to UK and ditches ‘Royal Dutch’ name amid lengthy tax dispute and activist pressure November 15, 2021 Royal Dutch Shell is moving its headquarters, top executives, and crucially, its tax residence from The Hague to the UK. The move prompted the Dutch government to overhaul a controversial dividend tax which the energy giant had cited as a reason to unify its share structure and shift bases, according to the Financial Times. Shell [...]
Bellway shares slump after warning on growth October 15, 2019 Shares in house builder Bellway slumped more than five per cent this morning as it warned of a slowdown in house price growth and climbing building costs. Profit increased at the FTSE 250 firm but Bellway said it expected to deliver more moderate growth in the coming year. Read more: Bellway posts strong spring sales [...]
Czinger 21C: 3D-printed hypercar makes red-carpet London debut June 27, 2022 Revealed at the new Concours on Savile Row, the record-breaking Czinger 21C boasts radical in-line seating and a 1,250hp hybrid powertrain.
London home sellers now get 91 per cent of asking price, but Westminster buyers achieve largest discount July 27, 2021 Home sellers in London are now achieving 91 per cent of their initial asking price, an increase of six per cent on the first three months of this year, data from sales agent Benham and Reeves has found. As a result of the Covid-19 pandemic, some in the market panic-bought to secure properties over the [...]
The West’s tech export ban could crush Russia and Putin’s war against Ukraine March 2, 2022 AS UKRAINE was plunged into war its allies around the world hurried to put together punitive packages of sanctions in retaliation. The Prime Minister Boris Johnson this week announced he’s planning to bring forward a bill in Parliament that will effectively cut Russia off dual-use technologies critical for its defence sector. President Biden has also [...]
Ed Warner: Does it really matter if Chelsea buyers are true Blues fans? March 24, 2022 Who are the wannabe owners of Chelsea trying to impress when they flaunt their fandom? Investment bank the Raine Group is only likely to give a jot when someone first stood in the Shed, or how long they’ve sat in the same seat in the Matthew Harding Stand, if this matters to HM Treasury. If [...]
Soho House founder sells $20m of stake after pandemic hit December 28, 2020 The founder and chief executive of Soho House has cashed in $20m (£14.8m) of his stake after the private members’ club was hit by the Covid-19 pandemic. Nick Jones, who established the exclusive club in 1995, has sold a one per cent stake to Ron Burkle, the US billionaire businessman who already owns roughly 60 [...]