‘Take private’ deal value surges to £29.3bn amid dealmaking frenzy March 21, 2022 The value of listed UK companies snapped up by private equity firms has surged to £29.3bn in the last 12 months amid a UK dealmaking boom, new research has revealed.
James Ashton: In the City with Huddersfield on my mind September 4, 2023 Today, the journalist and author and chief executive of the Quoted Companies Alliance, James Ashton, takes the City A.M. notebook pen
UK families set for another year of cost of living crisis and £65bn hit to finances July 12, 2023 UK families are poised to be gripped by the cost of living crisis for nearly another whole year due to the Bank of England keeping interest rates higher for longer in a bid to vanquish inflation, a new report out today claims. Household finances will be corroded by rising living costs and elevated rates until [...]
Crypto has ‘serious deficiencies in governance’, warns Bank of England official October 19, 2022 A Bank of England official warned there are “serious deficiencies in governance” in the crypto ecosystem today as she laid out a vision for the industry to win back trust from investors.
Furlough scheme pushed back age of first-time buyer to 34 March 14, 2022 Despite a property market boom during the pandemic, the furlough scheme pushed back the average age of first time buyers by up to two years. The government’s initiative may have given a lifeline to millions as Covid restrictions plunged society into chaos, but its long term impact has reportedly been to stall many people’s ability [...]
Winter of discontent: Price cap to peak at over £2,800 next January May 26, 2022 Cornwall Insight has warned the price cap could rise to over £2,800 per year in January if the mechanism moves to a quarterly model.
Exclusive: Millions of London tenants should brace themselves for rent increase of £1,000+ this year April 27, 2022 Millions of Londoners who currently rent in the capital face an increase in their housing costs of more than £1k this year. As energy bills climb and the cost of living crisis rages, London remains by far the least affordable region of the UK rental market, with the average tenant currently paying £21,140 per year. [...]
Red hot property market makes Brits the richest they have ever been December 2, 2021 A booming property market triggered by a tax holiday and Brits demanding larger homes has made the UK the richest it has ever been. Household wealth in Britain swelled 8.4 per cent over the last year to £11.2 trillion, the highest it has ever been since the Office for National Statistics (ONS) started tracking the [...]
Last week’s optimism in the crypto markets has all but evaporated March 10, 2023 Jason Deane takes a look back over a curious week in crypto - a period that has quickly seen market confidence fizzle out.
Stamp duty holiday ‘could be implemented immediately’ July 8, 2020 The chancellor is expected to announce this afternoon that a stamp duty holiday will come into force immediately, rather than delaying the change until autumn. Rishi Sunak is expected to raise the threshold for paying stamp duty from £125,000 to £500,000 as he outlines measures to help the UK economy recover from the coronavirus crisis. [...]