UK house prices grow 9.6 per cent in a year, but growth is slowing. Here’s why October 8, 2014 More data showing the housing market is slowing has emerged today. Halifax, which bases its calculations on its own mortgage lending, calculates prices have risen 9.6 per cent over the year to September (down from 9.7 per cent for the year to August and 10.2 per cent for the 12 months to July) and 2.7 [...]
Fed up with London’s insane property market? A houseboat could be the answer to your prayers January 29, 2015 Young couples faced with the daunting task of establishing a foothold on the property ladder can be forgiven for wanting to jump on a boat and sail as far as they can from the glittering circus of estate agents, sky-rocketing prices and penury caused by endless saving. Anyone who follows through with this escapist urge [...]
CRH share prices rises as Irish aggregates firm nets Holcim Lafarge assets February 2, 2015 Irish building materials group CRH’s deal to buy the assets being offloaded by cement firms Holcim and Lafarge ahead of their planned merger was “too good to turn down”, the company’s chief executive Albert Manifold said yesterday. CRH announced on Sunday that it had entered into a binding commitment with Holcim and Lafarge to acquire [...]
78 Carlton Hill: Eric Idle’s old St John’s Wood home where Harrison Ford and Carrie Fisher partied with the Rolling Stones November 27, 2014 Eric Idle used to let movie stars stay in his home in St John’s Wood while filming. Now, anyone can stay, for the right price. Tucked away in a quiet corner of north west London, a magnificent townhouse once hosted an unusual evening of frivolity between some of the biggest icons of 1980s pop [...]
Taylor Wimpey bumps up profit forecast despite cooling market November 11, 2014 TAYLOR Wimpey yesterday upgraded its full-year profit margin forecast, thanks to a rise in sales, even as the effects of the government’s Help-to-Buy scheme launched last year began to fade. Chief executive Pete Redfern said housing market conditions “moderated, but remained positive” over the summer, echoing comments made by other builders of the cooling conditions. [...]
Hands on heart January 28, 2015 Yes chaps, it’s time to think about Valentine’s again – and we have the perfect gift to set her ticking If you wear a wristwatch, a recent statistic puts the number of times you check the time at 88 times a day. So if you think about it, that could be 88 times a day [...]
JP Morgan and the Brookings Institution host UK-US trade summit: What can cities do to boost exports? February 26, 2015 Sheffield’s manufacturing heartlands were once dominated by grey steel, but now they make something more colourful. Sheffield council’s recent push to boost exports has helped one hair dye manufacturer win a six-figure contract to make hair dye for Asian consumers – and it won’t be the last. “Our initiative is already targeting 60 companies in [...]
Private view: On the market in Chiswick November 13, 2014 CHISWICK GATE Prices on application Luxury developer Berkeley Homes presents this family project close to the Grade-I listed grandeur of Chiswick House. A collection of three, four and five bedroom townhouses are available, along with one, two and three bedroom apartments, with access to private landscaped gardens. For more information and to register your interest [...]
Eurozone deflation: Who are the winners and losers? January 7, 2015 Deflationary death spiral There's good and bad deflation. malign or benign deflation. "Malign deflation, the kind that accompanied the Great Depression, is a consequence of shurnken spending, corproate earnings, and payrolls … prices aren't falling due to abundant goods & services but because there's less money to go around." Benign deflation … results from improvements [...]
Aga Rangemaster cooks up a storm in Britain but goes off the boil in Europe November 19, 2014 Aga Rangemaster warned yesterday that continued weaker trading in Europe, particularly in its French and Irish businesses, would hold back its growth for the financial year as a whole. However, the upmarket kitchen cooking range maker said its UK operations were trading well. It has been buoyed by increased activity in the UK housing market, [...]