Demand to buy in London soars thanks to office return September 28, 2021 Demand for homes in London has risen 14 per cent over the last month as Brits rush back to the office. Prospective Londoners appear keener to purchase homes rather than flats, with homes marking an increased demand of 25 per cent compared to a six per cent boost for flats. Average UK house prices have [...]
Oil prices recover as Russia demands rouble requirements for gas payments March 30, 2022 Oil prices have rebounded nearly four per cent on both major benchmarks, as the economic conflict between the West and the Kremlin escalated.
China’s biggest oil and gas producer plans Western exit as US threatens sanctions April 13, 2022 CNOOC - China's top offshore oil and gas producer - is preparing to ditch its operations in the UK and North America.
Germany rules out energy sanctions on Russia amid spiralling gas prices March 3, 2022 Germany has ruled out the prospect of oil and gas sanctions, with economy minister Robert Habeck warning against the measures.
EU provides wriggle room for companies buying Russian gas May 16, 2022 The EU has offered companies and member states wriggle room to buy Russian gas without busting the trading bloc's sanctions.
Halifax: UK house prices suffer longest fall since 2010 July 7, 2020 UK house prices fell for the fourth month in a row in June for the first time since 2010, according to Halifax data released today. Unlike rival Nationwide, which found the value of homes shrank for the first time on an annual basis in June, Halifax recorded a 2.5 per cent-year-on-year rise. But as the [...]
House prices hit record high of £276k as slower growth forecast for 2022 January 7, 2022 House prices increased by more than £24,500 last year, the largest annual cash rise since March 2003. The average UK property price reached a new record high of £276,091 in 2021, rising 9.8 per cent, according to Halifax’s House Price Index. Once more, London was the weakest performing region for annual inflation by long way [...]
Lithuania puts pressure on EU with import ban on Russian natural gas April 3, 2022 Lithuania has become the first European nation to stop importing Russian natural gas to meet its domestic consumption needs.
Pandemic pressures leave would-be first-time buyers further from homeownership June 16, 2021 The impact of the pandemic, both on the property market and on personal finances, has left a gulf between struggling would-be first-time buyers and those already on the ladder. More than four-in-10 first-time buyers delayed plans to buy a home in 2020, with the majority saying raising a deposit is the biggest barrier to homeownership, [...]
As public money for net zero stalls, the US has charged ahead of British investors July 15, 2022 The next clean-tech boom – engineered carbon removal – is on the horizon. In the long run, it will be private investors at the front of this. And for our future economic growth, we should make sure they are British ones. For some time, carbon removal technologies – which range from methods such as direct [...]