Persimmon share price falls despite profits jumping 44 per cent February 24, 2015 The figures Persimmon, the UK's biggest listed housebuilder, said underlying pre-tax profit jumped 44 per cent to £475m for the fiscal year 2014, up from £330m a year earlier. Full-year revenue rose 44 per cent to £475m, up from £330m in 2013. Completions – the number of homes built – rose 17 per cent to 13,509 while [...]
Bovis Homes reveals record year as profits, revenue and earnings all soar February 23, 2015 The figures Bovis Homes' share price opened around two per cent higher this morning, after the home builder reported a 75 per cent rise in basic earnings per share, from 44.9p to 78.6p for the year ended 31 December 2014. A stronger average sales price and a record year for completions led to a 69 per [...]
London house prices: Foxtons share price dips as slowing luxury market takes its toll March 11, 2015 The figures Upmarket estate agent Foxtons had a topsy-turvy year in 2014, with the gradual slowing in London house price growth dragging down its share price. Earlier in the year when prices were still rising fast the skies were only blue. Chief executive Nic Budden said it best: last year was a year of "contrasting [...]
London mayor hopefuls square off on Heathrow July 1, 2015 PROPOSALS to build a third runway at London’s Heathrow Airport are set to take centre stage in the race for City Hall, as mayoral hopefuls plant their flags on all sides of the debate. The Airports Commission’s recommendation yesterday to expand Heathrow has cut across party lines, with Conservative and Labour candidates split over the [...]
Hugo Boss sales target scrapped on low spending March 12, 2015 High-end German fashion house Hugo Boss yesterday scrapped its sales target for 2015 because of slower spending in Europe, the US and China, sending its shares lower. Like other companies targeting more affluent customers, Hugo Boss has been hit by lower spending abroad by Russian and Chinese shoppers. Its original revenue target of €3bn (£2.15bn) [...]
US GDP beats expectations – but still falls by 0.7 per cent May 29, 2015 US GDP fell by 0.7 per cent in the first three months of the year, official statistics published today showed – better than the 0.9 per cent drop expected by analysts, but nevertheless a disappointing performance. The figure is a sharp fall from the 0.2 per cent growth originally estimated for the first quarter, although [...]
Foxtons defies market cooling to report profits March 11, 2015 FOXTONS recorded strong growth in pre-tax profits for 2014, it was revealed yesterday, despite a sharp downturn in the second half. The London estate agent said the first six months of last year were characterised by strong property sales, with transactions at their highest levels since 2008. The second half saw a marked cooling in [...]
ASOS looking swish with 19pc increase in quarterly sales March 12, 2015 ASOS, the online clothing retailer, reported a fashionable 19 per cent increase in sales to £290.1m, up from £244m last year, for the three-month period to 28 February. The better-than-expected performance was a welcome relief for the firm after a difficult 2014 forced it to issue a string of profit warnings as shares plummeted and [...]
Private View: On the market in Earlsfield February 12, 2015 RAVENSBURY ROAD £1.2m Refurbished two bedroom period house situated close to Earlsfield station. Providing over 1,400 sqft of accommodation, this property benefits from a separate studio in the landscaped garden. Available freehold, it also features a stylish glass staircase. Contact sales agent Kinleigh, Folkard and Hayward’s Earlsfield branch on 020 8944 6464 or visit kfh.co.uk [...]
Reading rooms: Immerse yourself in the world of the modern library April 30, 2015 In this digital age, one could be forgiven for thinking libraries were a thing of the past. Think again: at the top end of the market, they’re making a comeback of sorts as a modern luxury with the added bonus of showing visitors how culturally refined you are. “Since things like e-readers have come along, [...]