Jimmy Choo’s share price rises on sterling’s slide November 18, 2016 Jimmy Choo's share price climbed this morning after the company reported revenue growth due to improved trading and store openings. The luxury retailer's share price was up three per cent at time of writing. Read more: West End gets Brexit boost as sales to tip over £9bn for the first time It said its success [...]
UK house prices: Northern cities are among the best places to invest in property March 11, 2016 Forget Brixton and Hackney – Northern cities are the hottest up-and-coming areas for UK property investors, according to data released today on affordable homes. The figures from consumer group Which? show the areas where property prices are surging that also have an average house price below £200,000. The top spot for affordable homes in the UK is [...]
London house prices: London renters have paid a quarter of the price of an average home to their landlords in the past five years March 3, 2016 There's no easy way to say this: if you're renting in London, you could probably have put together a 23 per cent deposit for the average home in the capital with the rent you've paid in the last five years. New research by Shelter suggests renters paid a total of £89,269 over the past five [...]
UK house price growth hits its highest since March – and that’s before buy-to-let investors began the rush December 15, 2015 UK house prices grew seven per cent in the year to October, their highest growth since March. The average house price rose to £287,000, up from £286,000 in September, the Office for National Statistics said, as the prospect for low interest rates continued to fuel the market. The largest increase was experienced in the East of England, [...]
This is how sterling’s unstoppable slide will affect UK house prices October 12, 2016 After a freak six per cent fall when markets opened in Asia last week, sterling is in free fall. The fall obviously has implications for people going abroad – but what about people here at home? We asked the experts what the flash crash will do to UK house prices. Read more: This is how the [...]
Land Registry figures show London property sales fell almost 10 per cent in 2015, as UK house prices jumped February 9, 2016 The number of homes sold in the capital fell almost 10 per cent to just 103,772 in 2015, the first drop in four years, figures published today showed. Analysis of Land Registry figures by London Central Portfolio (LCP) showed prices in the capital increased 4.5 per cent during the year – less than half the 10.2 [...]
Opinion: Considering buying a place above a shop? Don’t do it unless you’ve thought about these factors first January 27, 2017 Whether high street or side street, look up above any shop-lined street in the capital and you are bound to see apartments. Accessed by narrow doors tucked between the various operators, these spaces are proving an increasingly tempting living proposition. More and more, we are seeing developers turning the ground floor of their new schemes [...]
A lack of digital prowess in the finance sector is hindering growth November 24, 2016 Lack of digital prowess in the finance sector is hindering growth. Here’s a sobering statistic. The average client-facing professional in the financial industry achieves a score of 20 on LinkedIn’s Social Selling Index (SSI.) The maximum score is 100. LinkedIn’s SSI measures the promotional competence of individuals, companies and industries on the networking site. The [...]
Help to buy could be worsening London’s housing crisis and driving young people out of the capital February 25, 2016 Are you tired of London? Want to move to a quieter, cheaper part of the country? If so, you’re not alone – every year, thousands of people quit the city in search of a more tranquil existence. However, they tend to be replaced by a new wave of incoming urbanites, typically young people attracted by London’s [...]
China M&A frenzy around the world set to continue according to Freshfields October 4, 2016 CHINA'S vast appetite for overseas acquisitions is laid bare in new M&A monitor by law firm Freshfields Bruckhaus Deringer. The law firm found that China leads outbound M&A with 173 signed deals valued at $128.7bn, including a number of massive acquisitions in the first half of 2016 such as ChemChina’s $43bn bid for Swiss agrichemicals [...]