Barratt Developments warns a ‘deterioration’ in demand for homes due to rate pain has hit hard July 13, 2023 Barratt Developments has warned a “deterioration” in demand for homes has hit housebuilding hard, as a tumultuous mortgage market continues to pile on misery, with the group’s share price down over four per cent when markers opened this morning. The residential building company said net private reservation rate – the number of people putting their [...]
Jaguar Land Rover owner Tata confirms site for mega £4bn Somerset gigafactory February 28, 2024 Jaguar Land Rover owner Tata has confirmed the site for the UK's biggest electric vehicle battery factory.
UK paves way for war risk insurance scheme to help UK firms rebuild Ukraine October 31, 2023 Ministers have signed a statement of intent with the European Bank of Reconstruction and Development (EBRD) in a bid to remove barriers to firms trading and investing in Ukraine.
HS2 Euston: Private funding proposals have fallen into a ‘black hole,’ warns boss of key contractor December 19, 2023 The government is ignoring proposals on how to privately fund the HS2 project's Euston section, the boss of a key contractor has warned.
TPFG: London-listed property group has rosy outlook after a string of deals June 7, 2024 TPFG has built a big business in the property sector over the past few years.
Distressed commercial real estate debt outweighs reserves at six biggest US banks February 20, 2024 Commercial real estate has been an area of concern in the US for the last few years with the pandemic and the rise of flexible working denting office valuations.
UK economy grows in February as recovery gathers steam April 12, 2024 The figures will raise hopes that the UK economy can move on from a disappointing 2023.
COP28: Global nuclear pledge casts further doubt on UK’s capabilities December 4, 2023 The COP28 conference in Dubai has put the UK’s faltering nuclear sector into the limelight once more. Microsoft founder and billionaire philanthropist Bill Gates today used the conference as a platform to announce that his nuclear reactor company TerraPower will examine the UAE’s potential for new reactors. Yesterday, 22 countries including the United States, the [...]
Travis Perkins’ share price tumbles with building supplier downgrading profits June 16, 2023 Travis Perkins has warned investors to expect lower profits, with the UK's biggest supplier of building materials downgrading its forecasts.
UK car and battery producers set to miss out on benefits from new UK-US partnership June 11, 2023 UK carmakers and battery producers will miss out on benefits from the much-anticipated US-UK economic partnership announced on Thursday, according to analysis from trade experts reported by the Financial Times. Britain’s automotive and electric vehicle (EV) industry had been hoping that “Atlantic Declaration” deals would help address concerns in the sector surrounding the impact of [...]