Bovis Homes shares climb as it signals progress on shareholder returns May 22, 2019 Shares in housebuilder Bovis Homes opened higher this morning after it issued an upbeat trading statement ahead of its annual general meeting today. Read more: Housebuilder Bovis's profits reach record high as it keeps customers happy The company said it has seen its average private sales rate rise 17 per cent over the first five months [...]
Facebook pays just £28m in UK corporation tax in 2018 after sales worth almost £800m October 11, 2019 Facebook paid just £28m in UK corporation tax in 2018 according to its latest filing at Companies House. This is despite it having recognised sales worth £797m with a gross profit of £763.4m for the year. Read more: OECD targets tech giants as it shakes up global tax rules It is the latest example of [...]
Persimmon revenues drop as fewer homes completed July 4, 2019 Higher house prices were not enough to boost Persimmon’s top line in the first six months of the year as fewer homes stood ready in the half. Revenues at the company dropped 4.5 per cent year-on-year to £1.75bn. Read more: UK house prices – Growth falls to four-month low in June A higher average selling [...]
Brexit: how did we get here? January 30, 2020 How did the Brexit timeline lead us here, what impact has it had on the pound and how can the resulting foreign exchange risks be mitigated? The UK began preparations to withdraw from the European Union back in June of 2016. The process has had an undeniable impact on the volatility of the exchange market [...]
Regent’s Crescent: How John Nash’s iconic Georgian terrace is being reborn September 27, 2019 Walk around London’s west end, your eyes skywards, and you’d be hard pressed not to spot the work of John Nash. The architect to the Prince Regent (later George IV) built countless buildings in central London – from Marble Arch, to Clarence House, to All Souls Church on Langham Place. And then there’s Park Crescent. [...]
Golf clubs, cash and Russia: Trump makes speech in front of doctored seal July 26, 2019 When President Trump came to the stage before an adoring crowd of young Conservatives he was beaming, oblivious to the presidential seal that was sending him up. Trump was speaking at a summit for Turning Point USA – a young conservative political action group – earlier this week. An introductory video had been shown, one [...]
Marshalls paves the way for fresh buyouts as sales surge August 15, 2019 Marshalls, the paving company which supplied flooring for landmarks including Trafalgar Square and Bond Street, enjoyed a jump in sales of more than one-sixth in the first half of the year, despite Brexit uncertainty hampering the construction industry. Shares rose 0.8 per cent today as the firm said it had outperformed the rest of the [...]
Persimmon and Bellway homes found to have significant fire safety issues May 1, 2019 New-build homes made by housing developers Persimmon and Bellway have been sold with missing or incorrect fire barriers, subjecting residents to potentially dangerous fire safety issues, according to reports. Read more: Grenfell-style combustible cladding ban to cost £337m The lack of barriers, designed to halt the spread of flames, could be behind the spread of [...]
Persimmon and Bellway homes found to have significant fire safety issues May 1, 2019 New-build homes made by housing developers Persimmon and Bellway have been sold with missing or incorrect fire barriers, subjecting residents to potentially dangerous fire safety issues, according to reports. Read more: Grenfell-style combustible cladding ban to cost £337m The lack of barriers, designed to halt the spread of flames, could be behind the spread of [...]
Number of homes put on market tumbles as survey nears three-year low May 9, 2019 More surveyors reported a drop rather than a rise in new houses being put up for sale last month than in any other poll since June 2016, according to the Royal Institution of Chartered Surveyors (Rics). Read more: London Marathon property prices revealed ahead of this year's race Waning appetite from new buyers and uncertainty [...]