Focus on Earlsfield: The hidden wonder near Nappy Valley February 12, 2015 A few years ago, I’d say where I lived and no one would have a clue where it was,” says Rupert Grieg, sales manager at Foxtons’ Earlsfield branch. “But then you said, it’s between Wimbledon and Balham, and suddenly it made sense.” For most people, this is probably still true. Swamped by popular neighbours – [...]
Greek stocks dive on reopen August 4, 2015 GREEK shares plunged 16 per cent yesterday as the Athens stock exchange opened for the first time in five weeks. The rout was led by bank shares. The country’s four biggest lenders – the National Bank of Greece, Alpha Bank, Eurobank and Piraeus Bank – registered near-30 per cent losses. “People want to get out [...]
Mortgage lending falls at Nationwide as house prices cool November 25, 2014 Mortgage lending at Britain's biggest building society fell £900m to £13.1bn in the six months to the end of September, suggesting "cooling measures" introduced by the Bank of England are taking their toll on the market. Nationwide added that mortgage lending had "reflected a recent flattening of the housing market", caused by a combination of [...]
Greek shares plummet as the Athens Stock Exchange reopens August 3, 2015 Greece's main stock index continued to haemorrhage today after the cash-strapped country's markets were opened for the first time in five weeks. By this afternoon the Athens Stock Exchange had recovered slightly from the earlier sell-off and was down 16.3 per cent at 667.46 points. It posted its worst ever one-day performance after only a few minutes of trading this [...]
Alt Fi Data on its new report, why transparency is so badly needed and what platforms need to do now November 19, 2015 It's been difficult to garner much substantive data on the equity crowdfunding industry. Reports have often been scanty, or just inaccurate. Evidently, the youth of the industry has meant that samples have not been large enough, or raises not long enough ago, to draw any meaningful conclusions. But with most of the larger players [...]
Countrywide share price slumps after UK housing market slowdown July 31, 2015 Shares in the UK’s biggest estate agency Countrywide tumbled four per cent yesterday after posting a sharp fall in profits, blaming a “difficult housing market” and the uncertainty in the run-up to the General Election. The company, which owns estate agencies including Hamptons, Blundells and John D Wood, said profit before tax decreased [...]
London house prices are being driven up by foreign criminals laundering money July 25, 2015 Foreign criminals who launder money through the purchase of high-end London properties are pushing up house prices, according to the National Crime Agency. "I believe the London property market has been skewed by laundered money," Donald Toon, the agency's director of economic crime command, told the Times. "Prices are being artificially driven up by overseas [...]
Glencore share price history: A timeline of what went wrong from record drops to credit rating outlook fears September 28, 2015 The commodity price rout and concerns over a slowdown in the Chinese economy have helped send Glencore shares around 70 per cent lower this year – making it the worst performer on Britain's FTSE 100. And shares in the embattled commodities miner and trader continued their downwards trajectory today, after a particularly bearish note from [...]
Night Tube series: Top six areas in London to buy a house along the Northern Line September 23, 2015 Stretching out from the very north of London to the very south, the Northern Line is one of the Tube's most comprehensive – and oldest – on the Underground. The track between Stockwell and Borough opened in 1890, making it the longest-surviving deep-level Tube line on the network. In addition to the Night Tube, it [...]
Super Thursday: Interest rate rise by the Bank of England could end the buy-to-let boom August 6, 2015 It looks like momentum to raise interest rates could be building over at the Bank of England (BoE), however a legal advice service has warned this could spell disaster for the UK's booming buy-to-let market. Minutes due to be released later today are expected to show between two to three members of the nine-strong rate-setting [...]