House prices edge higher in November January 2, 2013 THE HOUSING market saw another month of steady improvement in November, according to data from the Land Registry out yesterday. Prices edged up 0.3 per cent across England and Wales in the second last month of the year, capping off an annual increase of 0.9 per cent, the government body said, highlighting the slow but [...]
London Report: Drop in inflation unlikely to help consumers long September 15, 2013 CONSUMERS are likely to receive a small piece of good news this week, with the inflation rate edging down for August. But the upbeat data is likely to come before more rising prices, as analysts predict consumer price inflation will reach three per cent soon. The inflation news, out tomorrow, is part of a slew [...]
London Report: FTSE in retreat as early interest rate hike feared August 15, 2013 THE UK’S main equity index had its worst intraday fall in nearly two months yesterday, as strong retail sales reignited the chance of an earlier-than-expected interest rate rise that could push traders back into bonds from equities. The benchmark FTSE 100 index fell by 1.6 per cent, or 104.09 points, to 6,483.34 points yesterday. [...]
Luxurious living locked-up at The Courthouse, Westminster September 26, 2013 Central London homes sit on historical site DEVELOPERS hope they have done justice to the site of a grand old courthouse with its new luxury development at the heart of London. The Courthouse, the latest premium scheme by Barratt London, is located in popular Westminster on the site of the City of Westminster Magistrates Court [...]
City Moves for 20 August 2013 | Who’s switching jobs August 19, 2013 Davenport Lyons Gavin Llewellyn has joined the law firm as a partner in its intellectual property team. He previously worked at Berwin Leighton Paisner, where he was an associate director. Brooks Macdonald Asset Management The private client investment manager has appointed Lisa Brown as intermediary sales manager in its business development team. Prior to joining [...]
Creditors see £11m losses after Modelzone collapse July 29, 2013 LENDERS and suppliers to defunct retailer Modelzone are owed almost £11m, after the chain collapsed into administration last month. According to a report from administrators Deloitte, more than £9m was owed to its lenders Lloyds Banking Group and Lloyds’ private equity division LDC at the point of administration. The retail chain, which had 47 UK [...]
Labour declares war on business September 24, 2013 Miliband hits energy firms with plot for £4.5bn price freeze British Gas owner Centrica threatens to quit UK over plan Policies on tax, energy and construction slammed ED MILIBAND yesterday launched an extraordinary attack on swathes of British business as he returned his party to its left-wing roots by unveiling a range of punitive policies [...]
London Report: UK retailers set to reveal if tills ringing again September 8, 2013 RETAILERS are set to reveal this week how big an impact the UK recovery is making as consumers return the shops. Reports from Dunelm, Home Retail, Morrisons, Next, Ocado and Sports Direct will show how confident buyers are in the improving economy. Ocado, which will update the market on Thursday, was rated a “buy” by [...]
What the other papers say this morning – 14 October 2013 October 13, 2013 FINANCIAL TIMES Tory plan to raise allowance to £12,500 Senior Conservative politicians are drawing up plans to raise the personal tax allowance to £12,500 as a key election pledge in 2015. Top party officials believe the move will enable the Tories to claim they are tackling the cost of living crisis by taking low earners [...]
Capital Economics hikes UK growth forecast to over one per cent this year August 20, 2013 Capital Economics has nudged up its GDP forecasts for this year from 0.8 to 1.2 per cent this year as business surveys, retail sales figures, news on the housing market and consumer confidence indicate growing momentum in the second half. Growth next year is expected to accelerate, with Capital Economics now forecast growth of 2.0 [...]