Food and beverage M&A activity at highest since 2010 October 5, 2021 UK food and beverage M&A market activity was at its highest since 2010 this summer. Deal value between May and August, was at an estimated £3.9bn, according to corporate finance house Oghma Partners’ latest report. The year-to-date total value of recorded deals are estimated at £5.8bn – the nearest annual total was that 2015’s figure [...]
CMA considers enforcement action against developers over ‘troubling’ leasehold mis-selling claims February 28, 2020 The Competition and Markets Authority (CMA) is set to launch enforcement action against developers after finding “troubling evidence of potential mis-selling and unfair contract terms”. The watchdog launched a probe into the industry last year and confirmed today that it had found evidence of “serious issues” within the housing sector. The issues revolve around the [...]
German healthcare firm eyes bid for rehab specialist Priory Group February 18, 2020 A German healthcare firm backed by US private equity giant Carlyle is entering the race to snap up rehab clinic owner Priory Group for roughly £1.2bn. City A.M. understands that Schoen Klinik, which employs almost 11,000 people, is among a pack of bidders vying to take over the Priory chain from its American owner Acadia [...]
Germany turns to coal as Russia puts pressure on gas supplies June 20, 2022 Germany will ramp up coal supplies and offer heavy subsidies to gas giants to ensure it can meet its energy needs this winter.
UK mortgage approvals hit highest in four years March 2, 2020 UK banks approved the highest number of mortgages for four years in January, official statistics have shown, in a sign the housing market is recovering after a rocky 2019. Mortgage approvals for house purchase rose to 70,900 in January, up 4.4 per cent from December’s 67,930 figure, the Bank of England said today. The jump [...]
Seven things banks will be looking out for in 2024 December 31, 2023 A challenging year is in the offing for lenders – from regulatory reform to fraud crackdowns
Germany seizes control of Gazprom supply arm April 5, 2022 The German government has taken hold of Gazprom's German unit - to prevent a Russian-backed takeover of the business.
Property transactions surge to record high in June July 21, 2021 UK monthly property transactions hit a record high in June as prospective homebuyers scrambled to complete purchases before the stamp duty holiday tapered at the end of the month, new figures released today show. HMRC said seasonally adjusted monthly transactions in June reached 198,240, the highest since records began. Read more: House prices surge 5.7 [...]
What 175 years of data tell us about house price affordability in the UK March 29, 2021 What we’ve learned from nearly 200 years of housing data – and is property really a better investment than a pension? We dug into the treasure trove that is the Bank of England’s Millennium of data resource to analyse the history of house prices. We found that the average house in the UK currently costs more than [...]
Undecided about investing right now? Find out why Maida Vale offers a solid prospect September 27, 2021 Set at the meeting point of Maida Vale, Little Venice and St John’s Wood is Lyons Place, a boutique development by Almacantar, offering a prime opportunity for investment in the capital. Lyons Place is a collection of contemporary, finely crafted homes comprised of apartments, penthouses, and three-storey townhouses – with just one one-bedroom apartment remaining [...]