London house prices suffer worst plunge in 10 years July 17, 2019 London house prices suffered a staggering 4.4 per cent annual drop in May, their worst annual drop since the financial crisis, public data revealed today. While UK house prices rose 1.2 per cent compared to May 2018, London house prices sank, the Office for National Statistics (ONS) revealed. Read more: UK house prices slip for [...]
UK house prices surge 5.7 per cent in June July 5, 2019 UK house prices shrank by 0.3 per cent in June compared to the previous month, according to data released today. But the growth rate rocketed 5.7 per cent on an annual basis last month, according to Halifax’s latest house price index, to take the average UK house price to £237,110. Read more: UK house price [...]
Burberry shares soar as customers welcome new designer’s collections July 16, 2019 Iconic British fashion brand Burberry boosted sales as new designs by creative chief Riccardo Tisci were snapped up by customers. Shares in the FTSE 100 firm were up 8.26 per cent this morning following the first quarter trading update. Read more: Burberry fails to stop the selling Retail revenue in the quarter to the end [...]
Investment managers lobby politicians for strong EU ties post-Brexit November 6, 2019 UK fund managers have called on the next government to protect cross-border investment arrangements and secure close alignment with EU rules post-Brexit. Entering the fray of general election campaigning, the Investment Association (IA) also warned against a no-deal Brexit, calling it “the worst possible outcome for UK investment managers”. Read more: Investors urge FTSE 350 [...]
Focus on Primrose Hill: This prime enclave offers Victorian homes and a village vibe October 4, 2019 The term ‘London village’ is thrown around a lot these days, not least by those trying to sell you a property. By some standards, anywhere with an independent bakery and a few planters on the high street seems to qualify. But Primrose Hill, nestled between Regent’s Park and Camden, is one of the originals – [...]
How will Blockchain revolutionise financial services? April 22, 2020 In a recent PwC report, it was estimated that distributed ledger technology could reduce financial services infrastructure cost between US$15 billion and $20 billion per annum by 2022. This would positively impact both business and consumer banking in many unexpected ways. To truly understand the magnitude of the problem Blockchain can solve, one should look [...]
‘I bought in London using shared ownership – and cut my commute’ September 23, 2019 As a senior reporter for one of the UK’s leading national newspapers, covering stories across the capital and beyond, David Rivers needed a home that was well-connected to central London. After 18 months of renting in a shared house in Streatham Hill, he was keen to get on the property ladder and have a place [...]
CES 2020: Amazon, Sony and Toyota put mobility centre stage at tech conference January 7, 2020 Amazon signalled a concerted push into the car industry at CES 2020, as it announced a partnership with Lamborghini and other firms working on driverless car tech. It signals the latest move into the mobility sector for one of Silicon Valley’s tech giants, as the internet retailer said it would add its voice assistant Alexa [...]
Classic Golf GTIs: driving Volkswagen’s hot hatch icons January 11, 2021 The Volkswagen Golf GTI has been the benchmark hot hatch since 1975. We drive the first three generations – which is the best of the breed?
Weaker European market expected to be at centre of potential HSBC job cuts October 7, 2019 HSBC’s under-pressure European business is expected to bear the brunt of potential job cuts being made by the bank. The lender is understood to be looking at cutting between 5,000 and 10,000 jobs as part of a cost-cutting drive under interim boss Noel Quinn. Read more: The next BofE governor must be prepared for a [...]