Manchester United: Glazers face disappointment over £6bn price tag November 23, 2022 Manchester United’s owners, the Glazer family, look likely to have to drop their asking price of £6bn to £8bn for the Premier League football club. The Glazers, who also own NFL franchise the Tampa Bay Buccaneers, announced they were ready to sell United after 17 years in charge earlier this week. The Americans fired the [...]
House prices fall as rents skyrocket by 9.2 per cent and outstrip wages April 17, 2024 UK house prices fell by the least in eight months when the figure edged down by 0.2 per cent on an annual basis in February, against a 1.3 per cent decline in the previous month, the latest reading from the ONS has found.
Bidstack stays silent as investor anger grows over pre-pack administration deal April 4, 2024 The bosses of in-game advertising firm Bidstack have remained silent since buying the Aim-listed firm out of administration last month, fuelling anger among retail investors.
House price growth slows for first time in 15 months as Brits battle scaling mortgage rates November 1, 2022 Annual house price growth in the UK slowed to 7.2 per cent in October, from 9.5 per cent in September, according to Nationwide this morning. It means the average cost of a home in the country now stands at £268,282. Nationwide chief economist, Robert Gardner, likened current mortgage rates to annual wage ratios to those [...]
New Byron owner Calveton mulls acqusition of rival chain Gourmet Burger Kitchen September 16, 2020 Gourmet Burger Kitchen’s South African owner is pushing ahead with a process to sell the casual dining chain, with the new owner of Byron reportedly plotting to buy the firm. Deloitte has begun contacting prospective buyers of GBK over the past week, Sky News reported, which would make it the latest restaurant group to be [...]
The most profitable company on the FTSE 100? Rightmove. March 1, 2024 Rightmove has reported strong results for the full year 2023 after increasing customer engagement through digital offerings.
Wine sellers bottle it as middle-class customers scale back amid cost of living crisis October 25, 2023 Virgin Wines' chief executive officer, Jay Wright, is "confident" in the group's longer-term prospects — despite a 10 per cent drop in share price.
The Notebook: The stocks dominating retail investment this month July 10, 2024 Victoria Scholar takes the notebook pen to tell us the latest trends in retail investing, from AI to US banking.
HSBC set to reduce fixed-rate deals as hopes rise that mortgage rates will start to fall July 25, 2023 HSBC became the first high street bank to announce they will be reducing rates on a swathe of their fixed-rate products, sparking hope that mortgage rates might begin to fall. Mortgage rates have spiralled in recent months as inflation has remained stubbornly above the Bank of England’s target. Traders are now betting that the Bank [...]
Overvalue your house at your peril July 17, 2022 Getting the price right is key to a successful sale, says Marlon Lloyd Malcolm head of sales at Lurot Brand One of the main reasons ven- dors are left with a bad taste when selling their home stems from incorrect valuations. This often results in the home sitting on the market and ultimately selling for less than [...]