House prices continue climb but signs of slowing begin to show September 7, 2021 House prices increased to another record high in August but the pace at which they are climbing is slowing. Monthly growth sat at 0.7 per cent in the month just gone, leaving prices up 7.1 per cent year on year, according to the Halifax House Price Index. The latter figure is down from 7.6 per [...]
Foresight targets £200m sustainable forestry company IPO September 6, 2021 London-listed sustainable investment manager Foresight has announced it is branching out with an IPO of a new fund that will invest solely in UK forestry assets. Incorporated only a week ago, Foresight Sustainable Forestry Company will list on London’s main market with a fundraising target of up to £200m, at a price of 100 pence [...]
More street markets under plans to make outdoor hospitality rules permanent September 5, 2021 Street markets could open all year round under Government plans to make permanent some of the changes for outdoor hospitality introduced during the coronavirus pandemic. Pubs, cafes and restaurants would also be able to keep new structures such as marquees and additional seating on their grounds, following a consultation launched on Sunday. The hospitality sector [...]
Barratt profits soar on red hot UK housing market September 2, 2021 A red hot UK housing market drove profits at housebuilder Barratt Developments up sharply over the last year, according to fresh results published today. The housebuilder posted a 65.1 per cent surge in pre-tax profits for the year-ended 30 June, reaching £812.2m, up from £491.8m in the previous year. Despite the recovery in net earnings [...]
Land Rover’s V8 Defender Bond Edition celebrates ‘No Time To Die’ September 2, 2021 Inspired by the Defenders that star in new 007 movie, 'No Time To Die', the V8 Bond Edition will be available in both 90 and 110 body styles.
Q&A: Why are heat pumps so important for the energy transition? September 2, 2021 The world is now in the early stages of the transition from using fossil fuels, such as gas, to more sustainable power sources as part of the battle against climate change. Many countries have now set targets for achieving net zero carbon and the phasing out of internal combustion engine cars and the switch over to electric [...]
Surging tech megacaps power Nasdaq to another peak September 1, 2021 A surge among tech megacaps powered the Nasdaq to another record high during early trading on Wall Street today. The US’s tech-heavy benchmark has since fallen back from its fresh peak, but is still up 0.65 per cent to 15.358.32 points during mid-morning exchanges. The blue-chip S&P 500 jumped 0.18 per cent to 4,531.01 points [...]
Clubs infuriated by scant detail of vaccine passport proposals September 1, 2021 Downing Street confirmed it still plans to introduce vaccine passports for nightclubs from the end of this month, to the frustration of the late night sector. There had been reports the Government could choose not to introduce the policy at the last minute as a bluff to drive up vaccinations among young people. However, the [...]
Clubs infuriated by scant detail of vaccine passport proposals – CityAM : CityAM September 1, 2021 Downing Street confirmed it still plans to introduce vaccine passports for nightclubs from the end of this month, to the frustration of the late night sector. There had been reports the Government could choose not to introduce the policy at the last minute as a bluff to drive up vaccinations among young people. However, the [...]
UK house prices jump unexpectedly in August September 1, 2021 UK house prices jumped unexpectedly in August driven by strong demand for homes in the lower segment of the market, according to new figures released today. Data from Nationwide shows house prices rose 11 per cent annually in August, up from July’s 10.5 per cent increase. The shock rise is likely being driven by the [...]