Travis Perkins shares sink after mortgage misery profit warning October 11, 2023 Travis Perkins joins a slew of other businesses in the construction industry which have been hindered by the UK's ailing property market.
Bremont slumps further into the red despite Bill Ackman investment in luxury watch brand August 12, 2024 British luxury watch brand Bremont slumped to a loss of more than £14m in the year American billionaire hedge fund manager Bill Ackman became a minority investor, it has been revealed. The Oxfordshire-based business has reported a pre-tax loss of £14.3m for the year to June 30, 2023, according to newly-filed accounts. The results, which [...]
Election 2024: Michael Gove backs City A.M.’s ‘Build Baby Build’ campaign June 20, 2024 Outgoing housing secretary Michael Gove has thrown his weight behind CityAM’s ‘Build Baby Build’ campaign ahead of the July 4 general election.
TSB becomes latest bank to press pause on some mortgage lending June 19, 2023 TSB has become the latest lender to press pause on sales of some of its mortgages. The bank said it was removing some mortgages from sale as of 4pm on Monday. The changes apply to products sold both direct and via brokers and TSB is expecting to reintroduce residential deals on Wednesday. For residential mortgages, [...]
House prices reach highest level in 10 months in March March 18, 2024 Green shoots continue to emerge in the property market as March welcomes the highest rise in house prices in 10 months.
Sales slashed at The North Face, Vans and Timberland owner as UK shoppers shy away from new purchases July 19, 2024 Customers reducing their spending on new clothes and footwear saw sales slashed at the owner of brands such as The North Face, Vans and Timberland during its latest financial year.
Marshalls bearish as timeline for housebuilding recovery malaise extends March 18, 2024 The company's newly-minted chief executive is expecting a slower return to recovery than predicted
Price rises see sales surge at McVitie’s Digestives, Jaffa Cakes and Jacob’s Mini Cheddars maker June 4, 2024 Price rises helped sales surge at the maker of McVitie's Digestives, Jaffa Cakes, Jacob's Cream Crackers and Mini Cheddars in 2023, it has been revealed.
House prices rise again – but London properties still down on last year December 7, 2023 House prices rose by 0.5 per cent in November, following a rise of 1.2 per cent the prior month, according to Halifax.
Who is buying London’s mansions? 60 per cent go to wealthy buyers from four countries February 23, 2024 The super-prime market in London is booming. More mansions in the capital are being sold, for higher prices, to an increasingly international base. In 2023, sales of super-luxury new-build London apartments rose by 137 per cent to an average of £4,306 per square foot, according to Beauchamp Estates. Supply of luxury houses has also been boosted by an influx [...]