Russian billionaires out, US billionaires in: Mapping London’s super-prime property market May 17, 2024 Filings have shown a Kazakh billionaire has sold his Mayfair mansion for £35m. What does it say about London's super-prime property market?
Apple faces second downgrade, shares hit eight-week low January 5, 2024 Apple is grappling with a challenging start to the new year as concerns about iPhone sales lead to a second downgrade within just one week. Piper Sandler’s recent rating downgrade caused a substantial drop in Apple’s shares, hitting an eight-week low on Thursday. Harsh Kumar from Piper Sandler & Co. has downgraded his rating on [...]
Motoring: Rolls Royce breaks a more than century old sales record January 9, 2023 Rolls-Royce Motor Cars has exceeded its annual sales by more than 6,000 units for the first time ever. The luxury marque reported a “particularly strong year-on-year growth” over the past 12 months, as around 6,021 more cars were delivered across the Middle East, Asia-Pacific and Europe. Bespoke commissions also went through the roof in 2022, [...]
UK housebuilding stocks to remain sturdy despite falling house prices November 21, 2022 Housebuilders are expected to avoid any significant share price tumbles ahead of a forecast house price plunge in the UK, according to analysts at brokerage Jefferies. In a research note today, Jefferies analysts doubled down on UK housebuilders continuing to bring value for shareholders, despite an anticipated dip in house prices and sales as mortgage [...]
FTSE 100 today: London markets set to open higher on strong GDP growth data July 11, 2024 Asian markets followed US's rally, with Chinese stocks rising due to new short-selling restrictions. UK GDP, US CPI and Jet2's results eyed.
Estate agencies have under 40 available properties on their books on average, says RICS August 15, 2022 The UK’s housing stock levels are close to all-time lows, according to the latest research, which has kept house prices suspended at levels which outpace annual wages. On average, estate agents have just 36 available properties on their books, the RICS Housing Market Survey revealed today. The average cost of a home remains at swollen [...]
MP facing suspension over lobbying sting could trigger another by-election December 14, 2023 A former Conservative MP caught in a lobbying sting should be suspended from Parliament for 35 days, potentially triggering another by-election.
Cider maker Thatchers toasts success despite ‘unprecedented economic challenges’ March 19, 2024 Sales at historic cider maker Thatchers increased despite the company facing "unprecedented economic challenges" during its latest financial year.
Ailing online estate agent Purplebricks to be sold for just £1 with job cuts expected May 17, 2023 Struggling online estate agent Purplebricks will be sold to rival firm Strike for just £1, the company announced today. After struggling to improve its performance, the firm put itself up for sale in February. The announcement saw Purplebricks’ share price plummet, down 42 per cent at the time of reporting to 76p. Shares have fallen [...]
ASOS share price recovers slightly after Mike Ashley’s Frasers raises stake May 17, 2023 Frasers Group raised its stake in online fashion retailer ASOS, a filing showed on Wednesday, as the Mike Ashley-owned sportswear retailer continues its drive into a more premium market. Frasers, formerly called Sports Direct, increased its stake in ASOS to 7.4 per cent from a prior stake of more than 5 per cent, as of [...]