FTSE 100 falls as coronavirus cases overshadow Sunak stimulus July 9, 2020 The FTSE 100 lost one and a half per cent today as fears over a continued rise in coronavirus cases offset chancellor Rishi Sunak’s £30bn of extra financial firepower. The UK index initially barely moved after yesterday’s 0.55 per cent drop, which left it at 6,156 points. By 4pm today the FTSE 100 had fallen [...]
Markets have shown what a deal could yield October 14, 2019 This is the week in which it will become clear whether Boris Johnson’s government has secured an agreement with the European Union. If he has (and the signs are encouraging, if not yet cause for celebration) then he’s only half way out of the woods. MPs will sit on Saturday — the first weekend sitting [...]
FTSE 100 gains cool ahead of G7 coronavirus call March 3, 2020 The FTSE 100 index has risen for a second straight session this morning, as policymakers across the world indicated they would take measures to ease the economic impact of the coronavirus outbreak. Britain’s blue-chip index rose as much as 2.21 per cent following the open, with traders taking their cue from a largely positive showing [...]
Reuben brothers invest £19m in modular homes developer Project Etopia September 23, 2019 Billionaire property tycoons David and Simon Reuben have invested £19m in Project Etopia, a housing developer specialising in modular homes. Project Etopia, which was founded in 2015, provides energy-efficient modular homes and school buildings that can be constructed in under four weeks. Read more: UK house price growth slows to seven-year low The Cambridge-based company [...]
New builds: Homes on the market in London this week, from a Battersea tower to a former camera factory October 25, 2019 Shoreditch Exchange, Shoreditch From £785,000 for a one-bed Two new show homes have just been launched at Regal London’s Shoreditch Exchange. Located on Hackney Road, the development includes 184 one, two and three-bed apartments with access to cinema rooms, a gym and roof terraces, as well as a WeWork office. The show homes, one of [...]
Housebuilder Barratt eyes full-year results ‘modestly’ ahead of expectations May 9, 2019 Housebuilding giant Barratt has said it expects its full-year results to be “modestly” ahead of expectations after posting a rise in sales for the year so far. The London-listed firm posted sales of £3.4bn to 5 May, up 2.4 per cent on the same period last year. Read more: Barratt Developments builds profit in strong [...]
UK stocks and sterling surge after Conservative election win shuts out Labour December 13, 2019 UK stocks surged today after the Conservatives secured a decisive majority in the General Election, boosted by rallying retailers, housebuilders and utility firms. The FTSE 100 index climbed over one per cent in morning trading, but was held back slightly by a strong sterling, while the FTSE 250, however, leapt as much as four per [...]
Housebuilders boosted by Boris Johnson no-deal Brexit budget June 28, 2019 Housebuilders were among the biggest risers in the FTSE 100 this morning after Boris Johnson, the front runner to be the next prime minister, said he would slash stamp duty and tax in the event of a no-deal Brexit. Berkeley Group shares were up 3.16 per cent today followed by Persimmon, which rose 2.63 per [...]
Housebuilders lead the way as FTSE climbs to four-week highs January 9, 2019 The FTSE 100 has climbed one per cent in early trading as US-China trade talks and a housebuilder boost continued the index’s bright start to the year. The blue chip index has now risen 2.6 per cent so far this year as the third day of trade negotiations between the world’s two largest economies further [...]
City Moves for 1 July – Who’s switching jobs at BT, Apex Airspace and Lewis Silkin? July 1, 2019 Today’s City Moves includes BT, Apex Airspace and Lewis Silkin. BT BT Group has announced that Leena Nair will be joining as a non-executive director and as a member of the Remuneration Committee, the Nominations Committee and the Digital Impact & Sustainability Committee. Leena is joining BT from Unilever, where she has been chief human resources [...]