A home for £28m: What are the most expensive streets in London? March 29, 2021 Upper Phillimore Gardens in Kensington is London’s most expensive road to buy a house on, with the average sold price on the road in the last 12 months sitting at a cool £28m. Head down past Earl’s Court and you’ll come across the Boltons, London’s second most expensive street over the last 12 months, with an average sold price of £22.5m. [...]
AG Barr boosts dividend as Rubicon and Irn Bru sales grow September 24, 2024 Drinks business AG Barr has reported a strong set of half-year results thanks to higher demand for its core soft drinks offering despite weak summer trading conditions and a dip in revenue from its cocktail arm. Barr, which owned the Irn Bru and Rubicon brands, reported a 5.2 per cent increase in revenue to £221.3m [...]
Investment in UK student housing climbs 245 per cent to record high July 4, 2024 Investment in the UK's purpose-built student accommodation (PBSA) sector soared to £1.7bn during the first half of the year, according to BNP Paribas, in yet another sign of the real estate class's eye-popping growth.
Londoners may have to wait 30 years or get a second job to buy a house February 15, 2024 A bleak picture has been painted for prospective buyers in London in 2024, as a number of reports suggest that affordability will remain an issue this year. London has remained the most expensive part of the UK to purchase a home, due to the high demand to live in the capital. Average house prices in [...]
House prices rebound unexpectedly in February on hopes of stamp duty extension March 2, 2021 House price growth beat expectations last month rising 0.7 per cent month-on-month, according to Nationwide’s latest figures. It brings year-on-year growth to 6.9 per cent from 6.4 per cent in January, beating the consensus 5.5 per cent. It more than offsets the 0.2 per cent monthly decline recorded at the start of the year. No [...]
Mortgage rates ‘significantly’ increase – but what does it mean for the housing market? May 4, 2023 The number of mortgages being approved leaped in March in another signal that the outlook for the housing market is beginning to recover. Figures released today by the Bank of England showed that mortgage approvals for house purchases rose “significantly” to 52,000 in March from 44,100 in February. Lucian Cook, head of residential research at [...]
Roaring mortgage rates to keep a lid on housing demand as City eyes Bailey and Pill remarks June 26, 2023 Roaring mortgage rates in response to markets betting the Bank of England will have to send official borrowing costs to over six per cent are poised to have kept a lid on housing demand. Fresh figures out this Thursday from the Bank of England are expected to show the volume of mortgages approved in May [...]
Pringles’ popularity helps Kellogg’s UK sales pass £1bn January 16, 2024 The continued popularity of Pringles crisps helped Kellogg's UK sales pass the £1bn mark, new documents have revealed.
FTSE 100 today: London markets to trade cautiously ahead of July 4 election July 1, 2024 Asian stocks mixed, euro strengthens on French election, yen weakens post-Japan GDP downgrade; focus on French, UK elections, US jobs data.
FTSE 100 today: London markets brace for caution as traders scale back rate cut bets February 6, 2024 Asian markets mimic Wall Street's dip, oil prices hold steady. UK retail sales slow in January, RBA maintains interest rate at 4.35%; focus shifts to UK Construction PMI.