London house prices: Brexit uncertainty to send property prices dropping over 2019 April 11, 2019 Brexit uncertainty is weighing heavily on London and the south east’s housing markets as house prices are expected to continue to drop over the next 12 months. Read more: Steep London house price drop drags back UK housing market Buyer demand is dropping with new enquiries falling for the eighth month in a row, according [...]
Is the “Santa Rally” real? December 2, 2021 Investors found their festive spirits in 2020 despite a raging pandemic. Even with most of the global economy shut due to Covid-19, US stocks recorded their best December monthly return in over a decade, with the Ibbotson SBBI US Large Cap index returning 3.8%. It was the second year in succession that US stocks have [...]
FTSE 100 and Wall Street strike an upbeat tone to start the week April 26, 2021 Soaring copper prices and hopes of a summer holiday pushed the FTSE 100 to close higher on Monday while Wall Street rose ahead of a busy week for big tech earnings. London’s blue-chip index came under pressure this morning due to a stronger pound and weaker oil prices. However comments made by Ursula von der [...]
Buyers return to UK housing market as lockdown lifts July 9, 2020 Buyers returned to the UK’s housing market last month as it reopened after months of standstill during the coronavirus lockdown, however activity remained low, the latest research showed. The latest survey by the Royal Institution of Chartered Surveyors found that a net balance of 61 per cent of its members reported a rise in new [...]
Housebuilder Taylor Wimpey reports surge in demand after sales centres reopen June 5, 2020 Housebuilder Taylor Wimpey reported a “very high” level of demand for appointments at its sale centres and show homes after reopening last month. The development company said the majority of its show homes and sales centres in England had reopened after the government lifted restrictions on the UK housing market. Since sales centres reopened there [...]
Airbnb reveals deeper loss ahead of stock market float November 17, 2020 Airbnb today revealed it has suffered deeper losses this year as a result of the Covid-19 pandemic, as it unveiled the prospectus for its eagerly-awaited stock market listing. The holiday rental company posted a loss of $697m (£527m) on revenue of $2.5bn in the nine months to the end of September, a widening of the [...]
House buyer demand surges after government lifts property market restrictions May 27, 2020 Demand from potential house buyers spiked 88 per cent after lockdown restrictions on England’s property market eased earlier this month, according to the latest research. However, the pent-up demand varied between cities, according to the latest research by Zoopla, and the rebound in London has been less pronounced than other English cities. The research found [...]
Coronavirus: What to do if your house is on the market, and how prices might be affected March 27, 2020 The spread of Coronavirus has taken us all by surprise, with the unprecedented UK-wide lockdown posing a whole host of questions about how life’s milestones should be handled. Today, the government published guidance stating that people should avoid conducting viewings and delay moving house, even if the contracts have been exchanged. But what can you [...]
adidas open new flagship Originals store in Soho October 9, 2020 Adidas today open the doors to a new flagship store on Carnaby Street in what bosses at the iconic brand describe as a commitment to the capital. The store houses the most exclusive adidas Originals products as well as featuring a host of artworks from many of London’s most talked about young artists. City A.M. [...]
Shares dive at fashion house Michael Kors as sales miss expectations November 7, 2018 Michael Kors' shares plunged by 15 per cent today after the luxury fashion group missed Wall Street revenue estimates for the first time in almost two years. The owner of brands such as Jimmy Choo saw revenue come in flat year on year at $643.9m (£489.6m) as European store sales dropped 10 per cent in the three [...]