Why Tesco could be better off leaving Booker on the shelf February 1, 2017 The stock market’s initial reaction to takeover deals can often be a poor indicator of how those deals work out. Just look at the market’s sceptical response to Sainsbury’s purchase of Argos owner Home Retail Group as a recent example. Now we have another unexpected deal in the supermarket sector with Tesco bidding to take [...]
You can now buy the world’s oldest port wine brand online from Marks and Spencer August 16, 2016 Move over, craft beer. For the first time in five centuries, the world's oldest brand of port wine is now going to be available to buy online at a major UK retailer. Top-tier port brand Kopke's 1996 vintage has launched on Marks & Spencer online for £30 for a single bottle and can also be [...]
Budget 2016: A tax on house purchase is a tax on house building too – which will not help the UK’s housing crisis March 16, 2016 A tax on house purchase is a tax on house building too and could perversely worsen the housing crisis in the long term. Raising taxes is a tried and tested way to discourage activity that the government thinks is bad for us and right now it seems the target is buy to let. Unfortunately the [...]
Labour plans to double number of first-time buyers October 16, 2014 The Labour party will set out plans to give first-time buyers top priority by handing more powers to local communities in England for new house building. The party will pledge to double the number of first-time buyers over the next 10 years should it be returned to office. Furthermore, Labour wants 200,0000 homes a year [...]
Focus On Camberwell: benefiting from its gentrified neighbours? February 5, 2016 With its artistic roots and good transport connections, Camberwell is seen as the good value neighbour of south London’s most gentrified neighbourhoods. “A lot of buyers often start their search with us in central Brixton, but soon find out they could get more moving slightly further out,” says Luke Tubb, sales manager at Foxtons Brixton. [...]
UK housing market activity rose to a six-month high in September – Connells Survey & Valuation October 13, 2015 UK housing market activity reached a six-month high in September, according to data out today from Connells Survey & Valuation. Last month also saw the number of property valuations reach the second-highest monthly level on record – there were just 0.5 per cent fewer valuations carried out than in March 2015, which is when they [...]
Autumn Statement 2015: No, Mr Osborne, this is not a crisis of home ownership, it’s a housing crisis – where was the pledge to fix the rental market? November 25, 2015 The chancellor thinks we’re in the middle of a home ownership crisis. We're not, we're in the middle of a housing crisis. At least the Conservatives are consistent. Their one-track focus on home ownership and home ownership alone as the only solution for the UK’s housing crisis never wavers. Despite that the Conservatives still had [...]
Londoners buying property outside the capital hits highest rate in eight years December 26, 2015 Eye-watering property prices forced Londoners to leave the capital at their highest rate for eight years in 2015, as they spent £24bn on homes outside of the city. 63,000 homes outside the capital were purchased by Londoners in the past year – a two-thirds increase on the 38,000 purchased in 2014 – as house prices continued to skyrocket in the capital. According [...]
From idea to IPO in three years: Purplebricks founder Michael Bruce November 21, 2016 "Every time you mention the word ‘estate agent,’ everyone gets a little bit of a smile on their face and an inner feeling of unhappiness,” says Michael Bruce, chief executive at Purplebricks, the online estate agency that has turned the industry on its head in a little over four years. Bruce has traversed the world [...]
Night Tube series: Top seven places to buy along the Central Line November 2, 2015 Deep down in the bowels of London, there lies the Central Line, perhaps the hottest, noisiest and most crowded of all Tube Lines. It’s also one of the quickest lines meaning it’s useful for commuters coming in from the far flung suburbs of east and west London. But for investors and first-time buyers, it’s the [...]