M&S pension scheme faces hefty losses as FCA probes Home REIT sister fund April 24, 2024 The M&S pension scheme is facing huge potential losses after pumping cash into a Home REIT sister fund that is now under investigation by the Financial Conduct Authority (FCA), City A.M. can reveal.
Persimmon: New home completions down a third as UK housebuilding woes continue January 10, 2024 High inflation and cost of raw materials has made it more expensive to build houses, while higher interest rates have suppressed demand for buyers.
Survey reveals extent of remote working loneliness July 16, 2023 Ever since the pandemic the conversation has rattled on about the benefits and setbacks of remote working. Increased flexibility, it turns out, has a downside: loneliness. A new survey by Promoleaf has revealed that more than a third of female remote workers (39 per cent) feel lonely working from home, and a much higher rate [...]
Gulf billionaire buys former London Park Street embassy for £25m (it was worth £10.6m in 2012) March 11, 2024 A Middle Eastern billionaire has bought the former Cyprus Embassy turned mansion in London’s Park Lane for £25m.
London rental prices clock biggest monthly bump since records began October 18, 2023 Data released by the Office for National Statistics (ONS) on Wednesday showed rental prices in London increased by 6.2 per cent in the year to September, up from 5.9 per cent in August.
London insurance sector braces for Atlantic hurricane season August 21, 2024 As the Atlantic hurricane season reaches its peak, the London insurance market is preparing for the fallout.
Sadiq Khan is yet to meet half of his 2023 housing target February 11, 2021 Sadiq Khan has started less than half of the affordable houses he promised to build by 2023, new figures have revealed. Khan was given £4.82bn in 2016 by central government to build 116,000 affordable homes by 2022, however figures from the Greater London Authority show City Hall has only begun 56,239 as of December. The [...]
Qatari sheikh sells Hyde Park mansion to fellow Royal for £39m May 3, 2024 Transferring a luxury property between family members could be to take advantage of tax benefits or to avoid certain taxes associated with inheritance or property ownership.
London may be the top talent spot now, but Dubai and New York are hot on its tails May 5, 2024 London has come out on top as the most attractive spot for talent in the world, but its crown can easily slip, Nick South writes.
‘Existential crisis’: London Stock Exchange exodus tops £60bn after Darktrace deal April 26, 2024 A top investment bank has sounded the alarm and called on government to act today after a take-private deal for Darktrace took the total value of London Stock Exchange exits to north of £60bn.