General election jitters? UK house prices fall off the boil in February March 5, 2015 The path to house price equilibrium is an undulating one. After a 1.9 per cent spike in January the average cost of a house fell by 0.3 per cent month-on-month in February, according to the latest data from Halifax. This put the price of the average home slightly lower at £192,372, with some analysts suspecting [...]
Tony Parsons: The rock critic turned crime writer on his new book and voting for the Conservatives June 4, 2015 DC Max Wolfe, hero of The Murder Bag and The Slaughter Man, is every bit as butch as his name suggests. He’s tough and loyal, decent but dangerous. For a certain kind of Top Gear-watching, Fleming-weaned middle-aged man, he’s the very pinnacle of masculinity. When he’s not assaulting paedophiles or wrestling with murderers, you can [...]
Galliford Try record revenue is good news for the UK housing market February 18, 2015 The figures It's another set of record numbers for Galliford. Pre-tax profits at the housebuilder were up 12 per cent to £42.5m in the six months to the end of December and revenue soared 35 per cent to more than £1bn. It reduced its net debt by £50m. The housebuilder has hiked its interim dividend to [...]
Housing market boosts Pimlico Plumbers’ sales April 28, 2014 PIMLICO Plumbers, one of the UK’s biggest independent plumbing companies, is on track to hit record sales of £20m this year after benefiting from a rebound in the housing market. Charlie Mullins, the founder and chief executive of the London-based group, said homeowners in the capital were taking on bigger “pre-recession property projects” such as [...]
Private view: on the market in Hammersmith February 26, 2015 DIGBY MANSIONS £1.2M A refurbished two bedroom top floor flat set within a period riverside block in Hammersmith, featuring an outdoor terrace and river views. Digby Mansions is located next to Hammersmith Bridge and provides easy access to public transport and the Thames tow path.Contact sales agent Kinleigh, Folkard and Hayward’s Hammersmith branch on 020 [...]
Galliford Try record revenue and dividend hike is good news for the UK housing market February 18, 2015 The figures Galliford Try has posted another set of record figures. Pre-tax profits at the housebuilder rose 12 per cent to £42.5m in the six months to the end of December, while revenue soared 35 per cent to more than £1bn. It reduced net debt by £50m. The housebuilder and construction firm has hiked its interim [...]
City Moves for 20 May 2015 | Who’s switching jobs May 19, 2015 EY The professional services firm has appointed Andrew Penny as senior advisor to its real estate corporate finance team. Penny has a wide range of experience, and was formerly global co-head of real estate investment banking at JP Morgan. National Counties Building Society Rodger Hughes has been appointed chairman of the Epsom-based building society. He [...]
Olympic Park development: Balfour Beatty just agreed to build two new neighbourhoods in East London March 2, 2015 Builder Balfour Beatty has signed a deal to construct 1,500 homes at East Wick and Sweetwater, the next two neighbourhoods to come out of the Olympic Village. The project, at Queen Elizabeth Olympic Park, will deliver 450 affordable homes, 530 for private sale and 500 to be rented out under a similar model to the [...]
HSBC lays down the gauntlet to George Osborne on bank levy as it mulls exit from UK June 9, 2015 HSBC moved a step closer to leaving the UK yesterday, piling pressure on chancellor George Osborne to take action to persuade the bank to stay. Chief executive Stuart Gulliver set out details of HSBC’s review of the location of its headquarters, looking at 11 different criteria, including taxes, the government’s attitude to finance, and [...]
Adnams toasts to hopping good year after record beers sales March 25, 2015 ADNAMS sold a record number of pints last year thanks to Britain’s love affair with craft beer and the company selling its products to a bigger range of pubs. The Suffolk brewer, which also has more than 50 pubs, 12 shops and three hotels dotted around East Anglia, said operating profits rose 14.7 per cent [...]