The week that was: Cocoa price squeeze as UK equities’ struggles continue March 30, 2024 We recap another busy week in the City which in which we saw cocoa prices sky rocket, Flutter fly away and left Thames Water on the brink.
Diriyah: The Historic Heart of Saudi Arabia will Transform Urban Living July 24, 2024 Diriyah is one of a number of extraordinary giga-projects funded by Saudi Arabia’s Public Investment Fund. Mohamed Saad, President of Diriyah DevCo, tells Inside Saudi about the luxury residences and hotels that are being built in Diriyah, Diriyah’s Harrods activation and opportunities for international investors. Jack Dickens (JD) – Tell us about your role as [...]
Diriyah: The Historic Heart of Saudi Arabia will Transform Urban Living July 21, 2024 Mohamed Saad, President of Diriyah DevCo, tells Inside Saudi about the luxury residences and hotels that are being built in Diriyah, Diriyah’s Harrods activation and opportunities for international investors.
Mortgages are up but don’t get too excited April 19, 2024 What should we read into recent signs of a gradual recovery in the mortgage market? The answer is, it depends. Taking into account distortions caused by the work-from-home exodus from London and the cost of living and it looks like we may simply be returning to precedented times, says Steven MacDonald When it was announced [...]
Nationwide profits resilient despite coronavirus hit November 20, 2020 Building society Nationwide reported a resilient performance in the first half year with profits stable, despite a £139m impairment charge. The lender reported a 17 per cent rise in pretax profit from £309m to £361m, despite a £139m provision for loans that may not be repaid due to the pandemic. Net lending for the six [...]
Co-op Bank buoyed by interest rate rises as takeover speculation continues April 28, 2023 The Co-operative Bank has reported a jump in income as the latest lender to be boosted by higher interest rates which have pushed up the cost of borrowing. The company said its net interest income – the difference between what a bank charges for loans and pays for savings – surged by a fifth to [...]
Iron ore demand robust even as China’s economy slumps September 3, 2023 Iron ore demand in China has proven robust even amid a domestic property crisis and a sluggish revival from the pandemic, data suggests.
Stamp duty holiday: Estate agent enquiries into homes worth £500,000 soar July 15, 2020 Estate agents have seen a spike in enquiries for homes priced between £400,000 and £500,000 since the government announced a stamp duty holiday for homebuyers. The government last week lifted the threshold for stamp duty from £125,000 to £500,000 in a bid to reignite the housing market after months at a standstill during the coronavirus [...]
Off-market property sales account for one in five in London: Is it for you? June 10, 2022 Despite ferocious headwinds, the London property market is fizzing, with estate agents from Wimbledon to Walthamstow seeing homes listed and sold within days. This fierce competition has led to a boom in off-market sales, which hit a new record high this year, according to Hamptons. In the first quarter of 2022 they shot up 23 [...]
Cost of living crisis: 63 per cent of Brits now shop at discount grocery stores August 22, 2023 More than half of shoppers now shop at discount grocery stores as Brits continue to seek out bargains amid the cost of living crisis. According to new data released by NIQ, in the last four weeks some 63 per cent of the public shopped at value chains such as Aldi, B&M and Poundland, with over [...]