UK remortgaging rate jumps as owners cash in on low interest rates May 16, 2019 The number of people remortgaging their homes with additional borrowing spiked in March, according to data released today, as people took advantage of favourable interest rates. Read more: Experts warn of 'bumpy ride' for UK house prices Meanwhile the number of new loans to both movers and first time buyers fell in March year-on-year, figures from [...]
Trump pardons ex-media mogul Conrad Black after flattering biography May 16, 2019 Donald Trump has pardoned ex-media mogul and convicted fraudster Conrad Black just a year after he penned a flattering biography of the US President. Black, the former owner of the Daily Telegraph, served three-and-a-half years in prison in the US for plotting to embezzle millions of dollars from his newspaper empire. Read more: The i [...]
Vodafone slashes dividend after racking up hefty losses from 5G investment May 14, 2019 Vodafone has slashed its dividend by 40 per cent after posting heavy losses for the full year. Read more: Vodafone's Australian TPG merger blocked The figures Group revenues fell 6.2 per cent to €43.7bn in the year to the end of March. Vodafone swung to a loss of €7.6bn, compared to a profit of €2.8bn [...]
High Street fashion chain Select enters administration May 10, 2019 Fashion retailer Select has fallen into administration, placing around 1,800 jobs at risk. The company, which has 169 stores throughout the UK, has been struggling with debt and was reportedly lining up administration last month. Read more: Debenhams gets green light for CVA It will continue to trade online and in stores for the time [...]
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 [...]
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 [...]
UK house prices: Experts warn of ‘volatile’ UK housing market after sharp April growth May 8, 2019 Experts today warned that volatility is affecting the UK housing market as Halifax recorded a sharp annual jump in house prices in April. Read more: UK house prices suffer fifth month of Brexit-hit growth UK homes are now worth an average £236,619 following the stark five per cent rise for the three months to April, [...]
UK house prices: Experts warn of ‘volatile’ UK housing market after sharp April growth May 8, 2019 Experts today warned that volatility is affecting the UK housing market as Halifax recorded a sharp annual jump in house prices in April. Read more: UK house prices suffer fifth month of Brexit-hit growth UK homes are now worth an average £236,619 following the stark five per cent rise for the three months to April, [...]
Foreign flops at Purplebricks and Domino’s hit shares May 7, 2019 International expansion is not as easy as it looks – just ask the boards of Purplebricks and Domino’s. Michael Bruce, found and chief executive of Purplebricks, is stepping down after a torrid year for the company. COO Vic Darvey is stepping into the breach. That means we’ve seen the poor performance recently claim 3 CEOs [...]
Horse Racing Betting Tips: Turner has the Power to land opening race with Darkness May 2, 2019 MARCUS Tregoning has trained some very good horses over the years with the likes of Sir Percy, Nayef and Mubtaker. In truth, the last few years have been a bit quiet for the Hampshire-based trainer, but Mohaather’s win in last month’s Greenham Stakes at Newbury had him dreaming about a first 2000 Guineas success. Sadly, [...]