London-listed UDG Healthcare agrees £2.8bn takeover deal June 29, 2021 London-listed private healthcare business UDG has agreed a takeover deal after its US buyer hiked its offer to £2.8bn. Private equity group Clayton, Dubilier & Rice had tabled a £2.6bn offer in May, but some shareholders branded the bid “opportunistic”. Clayton, Dubilier & Rice, which is bidding through affiliate Nenelite, today unveiled an increased and [...]
Russia warns West of $300 oil prices and gas supply cuts if countries impose energy sanctions March 8, 2022 Russia has warned the West it could close pipelines and that oil prices will spike to over $300 if countries impose energy sanctions.
London sees the return of the pied-à-terre September 24, 2021 Demand for second homes came to a grinding halt in the spring of 2020 when Covid changed the world as we knew it. As stock markets began to fall and Boris announced that we could no longer leave the house for anything more than the essentials and a quick walk around the block, most pied-à-terre [...]
National Grid ‘stands down’ plan to fire up coal units amid cold snap December 12, 2022 National Grid has turned to coal in a bid to stave off fears of supply shortages this evening amid escalating fears of blackouts.
English football regulator won’t ban owners for geopolitical reasons, says Government April 25, 2022 A new independent regulator for English football will not seek to prevent takeovers or force out owners on the basis of geopolitical issues, the Government has confirmed. The regulator will have power to implement tougher tests on prospective club buyers to “root out unsuitable owners”, the official response to last year’s Fan Led Review of [...]
Fewer home sellers in November as general election ramps up uncertainty November 18, 2019 The number of new sellers advertising their properties for sale slumped by the largest amount in a decade this month, as a Brexit deadline and a looming general election spooked prospective sellers. According to the latest research, the number of new sellers dropped 14.9 per cent – the largest year-on-year fall since August 2009 – [...]
Covid sharpens inequalities in UK housing market July 23, 2021 The Covid crisis has widened inequalities in the UK housing market, according to new research published today. Figures from building society Nationwide show one in four private renters think the pandemic has made it more difficult for them to buy a home. Sharp rises in house prices over the last year, driven by demand being [...]
Energy Bill: Government commits to renewable ramp up but lacks plan for cost-of-living crisis May 10, 2022 Industry commentators have responded to the inclusion of the Energy Security Bill in the Queen's Speech, and the lack of support for households.
UK housing market still steaming despite looming stamp duty break cut off September 29, 2021 The looming end of a watered down tax break on house purchases has not cooled the UK’s rampant housing market, according to official figures released today. Brits took on £21.5bn in mortgage debt last month, up sharply from July’s figure of £16.6bn, shows Bank of England data. A record low interest rate environment has propped [...]
Breaking £370k mark: Average UK house price expected to jump by £40k within the next five years November 10, 2021 The average house price across Britain is expected to break through the £370,000 mark within the next five years, as property prices may rise by more than £40,000. Giving its predictions up to 2026, Savills predicts that the typical property value will increase from £327,838 in 2021 to reach £370,785. The property group expects the [...]