Generation Wealth: Brands are overlooking the most lucrative demographic April 14, 2014 @LiamWardProud COURTING millennials is something of an obsession among media types. With brands chasing the digital trendsetters born between 1980 and 2000, marketing campaigns seem increasingly driven by Twitter hashtags, Facebook follows and all manner of social media buzzwords. This could be a huge mistake. The UK’s population is ageing – quickly. In 2015, over-40s [...]
What the other papers say this morning – 25 March 2014 March 24, 2014 FINANCIAL TIMES Russia braced for £70bn in outflows The Russian government is braced for the country’s capital outflows to soar to $70bn in the first three months of the year as investors seek cover from the fallout of President Vladimir Putin’s Ukrainian land grab. Andrei Klepach, Russia’s deputy economy minister, said capital outflows in the [...]
House prices continue to rise on Help to Buy scheme August 30, 2013 House prices are up again in August, by 0.6 per cent. That's in line with analyst predictions, and slightly lower than last month's 0.9 per cent growth (release). Nationwide's figures are provided on a seasonally adjusted basis, while nominal average house prices have actually dropped slightly, down from £170,825 to £170,514. £311 isn't a discount [...]
Foxtons returns to market at £649m as stocks gear towards housing recovery September 20, 2013 London estate agents Foxtons has floated on the London Stock Exchange at 230p a share. (Release) Market capitalisation for the company is about £649m with gross proceeds raised of £390m. Our deputy editor David Hellier writes: STRONG demand for shares in Foxtons, the London-focused estate agency chain, was last night expected to push the group’s [...]
Most London homebuyers pay stamp duty of more than £7,500 August 5, 2013 TWO THIRDS of London home sales attract stamp duty of more than £7,500, according to research based on Land Registry data out today from the TaxPayers’ Alliance (TPA). Figures from the Nationwide show the average price of a London house hit £318,214 in July, meaning potential purchasers must be able to pay £9,500 in cash to the [...]
Investment into Europe property hits record high March 10, 2014 INVESTORS from outside of Europe spent a record €36bn (£30bn) on European real estate last year, with US, Asian and Middle Eastern investors leading the charge. According to research released today by DTZ at Mipim, the property’s industry annual conference in Cannes, this represented a 26 per cent share of total volumes invested across the [...]
Long row in prospect as Man City reject Uefa deal May 7, 2014 MANCHESTER City are on course for a summer-long battle with European governing body Uefa over their proposed punishment for breaking new financial fair play (FFP) rules. Uefa have offered City a settlement comprising a €60m (£49m) fine and a restriction on the size of squad they can use in next season’s Champions League – but [...]
Long row in prospect as Man City reject Uefa deal May 6, 2014 MANCHESTER City are on course for a summer-long battle with European governing body Uefa over their proposed punishment for breaking new financial fair play (FFP) rules. Uefa have offered City a settlement comprising a €60m (£49m) fine and a restriction on the size of squad they can use in next season’s Champions League – but [...]
Our guide to the best investments November 7, 2013 London property prices are sky-rocketing, so what better time to invest with the rest? RIGHT now, investing in a London home looks like a pretty smart move. Asking prices saw a 10 per cent increase last month and, with low-deposit schemes like the government’s Help to Buy initiative, more people are looking to invest in [...]
Gross new lending hits record high as Help to Buy kicks in September 10, 2013 Figures published today by the Bank of England (BoE) and Financial Conduct Authority (FCA) show new high for gross new lending and interest rates on gross new lending for the second quarter, since the start of the series in 2007. Mortgage lenders and administrator statistics show record levels; at 1.6 percentage points higher than [...]