FTSE 100 close: London ends week flat after house price slump and US payroll figures September 1, 2023 London's FTSE 100 index started Friday in the green on a quiet results day, as investors look to US payroll figures after lunch for signals of more rate hikes.
‘Disastrous for the UK’: How the MPs’ pension fund abandoned Britain’s stock market June 14, 2024 Jeremy Hunt and Rachel Reeves have been squaring up to the UK’s pension sector in recent months with threats to strong-arm money managers into backing homegrown British companies - but they may do well to look closer to home.
Construction activity hits fastest pace in two years as housing sector returns to growth August 6, 2024 The reading put the construction sector in expansion for the fifth consecutive month and was the fastest pace of growth since May 2022.
Breedon builds on bumper year with major acquisition in US March 6, 2024 Breedon's chief executive said the "long-term structural deficits" in British housing and construction boded well for the business
Almost 100,000 more student beds needed to meet London demand March 25, 2024 Almost 100,000 student beds are needed to meet demand in London, according to new research from Savills, the highest across all of the UK.
Who is buying London’s mansions? 60 per cent go to wealthy buyers from four countries February 23, 2024 The super-prime market in London is booming. More mansions in the capital are being sold, for higher prices, to an increasingly international base. In 2023, sales of super-luxury new-build London apartments rose by 137 per cent to an average of £4,306 per square foot, according to Beauchamp Estates. Supply of luxury houses has also been boosted by an influx [...]
Build, Baby, Build: A manifesto for London’s fourth housing boom June 23, 2024 There is a vast amount of capital waiting to be invested in London housing, here’s how the British Property Federation’s Melanie Leech would unlock it… London needs another housing boom. The late 19th century created the Victorian terraces of Zones two and three, the 1930’s ‘Metroland’ developments built much of today’s outer suburbs and the [...]
Getir’s 2022 losses finally revealed ahead of UK exit and 1,500 job cuts June 4, 2024 Getir has only just published its UK accounts for 2022 - and they make for absolutely grim reading.
London house prices: First-time buyers need household income of nearly £100k to buy May 3, 2023 Londoners’ desire to get on the property ladder has helped fuel the housing market in the capital, despite households now needing an extra £12k in income to be able to afford their own place. Figures released by Zoopla, show that in April house price growth in London rose by 0.5 per cent, as demand and [...]
Rents rise by £110 a month over last year in latest blow for UK tenants September 14, 2023 The cost of renting a property has risen by £110 a month over the last 12 months, according to the latest damning report about the health of the UK’s housing sector, as shrinking supply in the market continues to pile on misery for tenants. Rent supply has shrunk 30 per cent below the average for [...]