House prices will eventually start to fall, as long as owners accept their new reality August 16, 2023 House prices are on the rise because fewer people are selling, and fewer people are selling because they think their property has preserved its value. Once they give up, prices will fall, writes Paul Ormerod
Beleaguered estate agent Purplebricks has ‘several credible expressions’ to buy firm March 1, 2023 Bosses at struggling online estate agent Purplebricks launched a formal process to sell the business after several potential buyers expressed an interest in recent weeks. The company said it had received the approaches after saying in mid-February that it would review its future. Then, the business said “the potential of the group may be better [...]
What now for Standard Chartered, and why is the bank still a takeover target? February 15, 2023 Standard Chartered found itself the target of takeover talks last week, after Bloomberg reported that First Abu Dhabi Bank was ready to make an offer once the cooling off period from its last offer, which had been just weeks earlier in January, had passed. The rumours were quickly quashed by First Abu Dhabi Bank (FAB), [...]
Equity inflows: UK investors most bullish in three years March 5, 2024 UK investors reached their most bullish in three years last month, as they poured £2.7bn into equity funds throughout February.
Explainer: How Russia is dodging oil sanctions and what the West is doing about it January 13, 2024 G7 sanctions are slowing Russia's oil industry but the sanctions are not having the desired effect
Manchester United share price tanks 20 per cent on reports that Glazers aren’t selling September 5, 2023 Manchester United’s share price tanked by more than 20 per cent on Tuesday following reports that the Glazer family have shelved plans to sell the Premier League club. United’s share price was down from $23.66 at close on Friday to $19.19 when the New York Stock Exchange reopened following Labor Day. It dipped as low [...]
How Rightmove became London’s (and the FTSE 100’s) most profitable company September 3, 2024 From an unknown tech start-up to the undisputed king of the UK’s online property sector, Rightmove is a shining example of how to turn a simple idea into a whole lot of profit. In its most recent full-year results, the London-listed property portal astounded investors by revealing it had achieved a record 71 per cent operating profit margin – [...]
Real-World Assets on the Blockchain: Unlocking New Investment Opportunities April 22, 2024 Have you ever wanted to invest in real estate, artwork, or commodities, but found the process too complex or expensive? Enter Real-World Assets (RWA) on the blockchain – a game-changing concept that's making investing more accessible and providing efficient liquidity for everyone.
Public debt: Who has lent a staggering £2.1 trillion to Rishi Sunak? April 23, 2021 Government debt has hit its highest point as a portion of gross domestic product since the early 1960s when the country was still paying off what it had borrowed to fund the fight against Nazi Germany, new figures showed this morning. Last year spending skyrocketed to pay for dozens of programmes to prop up the [...]
After a decade of vintage reissues watch brands are taking risks April 19, 2024 Everyone’s been taking a trip down memory lane with vintage reissues – until the last couple of years, that is