Britain’s top bosses call for ‘national prosperity’ plan to boost growth post-pandemic April 28, 2021 Some of the UK’s top business leaders have called on the Government to set out a plan to boost growth as the country deals with the devastating impact of the pandemic. The Covid Recovery Commission, a group set up by last summer which includes top executives from Tesco, Shell and Heathrow Airport , has set [...]
London only UK region to report drop in rent prices over last five years April 28, 2021 The capital is the only region in the UK where rents have fallen over the last five years as Londoners have left the city during the pandemic and fewer young professionals have moved for work. Asking rents in almost two thirds – 65 per cent – of London neighbourhoods are lower than they were five [...]
House prices: Which central London postcodes offer the most open space? April 27, 2021 The W1K postcode of Mayfair and St James’s is the greenest pocket of the prime central London market, according to new research that looked at which London postcodes present high-end homebuyers with the most open space. An estimated 36.5 per cent of the postcode area presents open outdoor spaces, by far the most of all [...]
Home buyer demand doubles property sales to £149bn this year April 27, 2021 A surge in home buyer demand has resulted in £149bn worth of properties being sold so far this year, double the value in the same period in 2020 and 2019. According to the latest research, one in every 50 homes was sold between 1 January and 15 April, up from one in every 100 homes [...]
Mortuaries in India overwhelmed as desperate relatives plead for oxygen outside hospitals April 27, 2021 Indian families are being left to ferry people sick with Covid-19 from hospital to hospital in search of treatment, as the country suffers a surge in infections with oxygen in short supply. On social media and in television footage, desperate relatives can be seen pleading for oxygen outside hospitals or weeping in the street for [...]
FTSE 100 and Wall Street strike an upbeat tone to start the week April 26, 2021 Soaring copper prices and hopes of a summer holiday pushed the FTSE 100 to close higher on Monday while Wall Street rose ahead of a busy week for big tech earnings. London’s blue-chip index came under pressure this morning due to a stronger pound and weaker oil prices. However comments made by Ursula von der [...]
House prices: New build homebuyer demand explodes on England’s south coast and in Wales April 26, 2021 Homebuyer demand for new build homes has climbed 9 per cent in the last year, with coastal towns in the south of England and Wales leading the charge. Across Britain, 38.7 per cent of all new build homes are already sold subject to contract or under offer, a 9 per cent jump on the same [...]
Top UK civil servant: Leak inquiry will probably not find ‘chatty rat’ April 26, 2021 Downing Street’s so-called “chatty rat” who leaked the news of the second national Covid lockdown is unlikely to ever be identified by an ongoing leak inquiry, according to cabinet secretary Simon Case. Case told MPs today that the inquiry into the leak will likely be complete in “weeks rather than months”, but refused to answer [...]
Westfield unveils updated plans for £1.3bn White City residential scheme April 26, 2021 Westfield has revised its planning application for a £1.3bn residential scheme in White City, adding several hundred new homes to the proposals. The proposed scheme will include up to 1,760 new homes, up from the 1,093 granted planning permission in 2017, and will also involve the construction of a 1.4 acre public space and new [...]
Crypto markets undergo brief correction after Bloomberg reports that Biden plans to double capital gains taxes for the rich April 26, 2021 Cryptocurrency markets undergo brief correction after Bloomberg reports that Biden plans to double capital gains taxes for the rich.