National Grid reforms set to drive returns at Gresham House Energy Storage Fund and Harmony Energy April 12, 2024 Revenues from battery energy storage systems have jumped between February and March.
Iceland sheds 1,000 jobs as sales pass £4bn and loss slashed August 6, 2024 Sales at supermarket giant Iceland passed the £4bn mark during its latest financial year as its pre-tax loss was slashed by more than £30m, according to newly-filed accounts. The Flintshire-headquartered chain has posted a revenue of £4.2bn for the year to March 29, 2024, up from the £3.9bn it reported during the prior 12 months. [...]
LSL Property Services raises expectations as mortgage market improves March 6, 2024 LSL Property Services, one of the UK’s largest providers of mortgage and valuation services, appears to be on the up following an improvement in the UK housing market.
UK house prices rise 0.6 per cent in July but London continues pullback September 20, 2023 UK house prices increased by 0.6 per cent on average in the 12 months to July 2023, down from a revised 1.9 per cent in June 2023.
Lunaz: Majority of jobs lost at David Beckham-backed electric vehicle company March 28, 2024 The majority of jobs have been lost at Lunaz, the electric vehicle company backed by David Beckham, after it entered administration, it has been confirmed.
House price growth plummets to lowest level in a decade as confidence and costs see off buyers March 1, 2023 House price growth has plummeted to its lowest in more than a decade as a cocktail of high borrowing costs, inflation and low confidence has deterred buyers. Properties dropped in value by -1.1 per cent year on year in February, according to Nationwide’s House Price Index, down from 1.1 per cent the previous month. This [...]
London house prices fall at fastest rate since 2009 as rising rates dents demand July 7, 2023 UK house prices fell for the third consecutive month with properties in London and the south east coming under the most pressure. According to the Halifax House Price Index, the average house price fell by 0.1 per cent from the month before, taking the average price to £285,932. This means that over the last year, [...]
London still has hottest property prices in the UK, but house inflation in the capital is cooling January 18, 2023 London continues to have the highest house prices in the country, with the average UK house price increasing by more than 10 per cent in the year to November, according to new data released today. The latest figures from the Office for National Statistics (ONS) show that house prices went up across the nation by [...]
Rightmove urges Reeves to keep stamp duty threshold for first-time buyers as it posts ‘solid but uninspiring’ results July 26, 2024 Property giant Rightmove has called on the Government to retain the stamp duty threshold for first-time buyers, as it announced a solid but “uninspiring” set of results. Revenue at Rightmove rose by seven per cent to reach £192.1m, “as both agents and new homes developers renewed contracts, upgraded their packages and invested in additional products”, [...]
Majestic Wine and Poundstretcher owner Fortress cuts costs July 10, 2024 The UK arm of Fortress Investment Group, whose portfolio includes the likes of Majestic Wine, Punch Pubs and Poundstretcher, saw its revenue and profit dip during 2023 as its US owner cut costs.