Tupperware: How the food storage giant collapsed into bankruptcy September 18, 2024 The plastic food container giant Tupperware has filed for bankruptcy after struggling with declining sales and intensifying competition for several years. The US-based plastic food container giant, which has its UK headquarters in Milton Keynes, has entered Chapter 11 bankruptcy proceedings following a prolonged drop in demand, a trend that has persisted for more than [...]
Neurodiversity in business: There’s a ‘generational shift’ underway September 17, 2024 When Dan Harris set up the charity Neurodiversity in Business (NIB) just two years ago, he wanted to create change in an area that hasn’t moved as quickly as other human rights movements. “I set up NIB because I wanted to change the world that my little boy… will be growing up in,” he explained. [...]
Four investment trusts closed last week. How many more will go? September 16, 2024 Last week, four separate investment trusts handed in their notice, announcing they would be shuttering. Aquila European Renewables, Ecofin US Renewables, Gulf Investment Fund and Keystone Positive Change, all said they would be liquidating, as the number of trusts on the London Stock Exchange continued to dwindle. The number of investment trusts has fallen to [...]
Rightmove: Average price tag on a home jumped by almost £3,000 in September September 16, 2024 The average price tag on a home jumped by nearly £3,000 in September, according to a property website. Across Britain, the typical price being asked for a home coming onto the market increased by 0.8 per cent or £2,974 to reach £370,759. September usually sees a month-on-month price jump, but this year’s increase of 0.8 [...]
Property market turns positive for first time in two years September 12, 2024 House prices significantly outperformed analyst expectations after the Bank of England cut its base interest rate, data from a closely watched survey from the Royal Institute of Chartered Surveyors (RICS) showed. The survey found that the UK house price balance, which measures the difference between the percentage of survey respondents reporting rising house prices and [...]
London leading the way as housing market ‘normalises’, Winkworth says September 11, 2024 Pretax profit climbed 26 per cent to £1.0m from just over £810,000 last year.
Equals: Payments fintech’s revenue jumps by a third amid record transaction values September 10, 2024 Payments fintech Equals Group has seen fees to financial advisers weigh on its earnings as it looks for a potential buyer, while revenue surged on the back of record transaction values.
Shared ownership 2024 September 4, 2024 Do it for the future: do it with Shared Ownership Thousands of Londoners want to get on the property ladder to invest in themselves and their futures. Shared Ownership offers an affordable cost of entry to the property market, allowing first time buyers stability, security and a place to call their own. Whatever your motivation [...]
Reflecting on the shared ownership journey – four years later September 4, 2024 In honour of this year’s Shared Ownership Week, we revisited some of our happy homeowners to see what life has been like since the keys were handed over and the packing boxes were put away. Nearly four years since they moved in, we caught up with Peabody New Homes’ residents Josephine, who purchased at Motion [...]
Shared Ownership: achievable, affordable and for everyone September 4, 2024 Kevin Sims, Director of SO Resi, says: Shared Ownership: achievable, affordable and for everyone Culturally, we have a strong affinity for homeownership. Purchasing a home is seen as a natural ‘life milestone’ akin to marriage or starting a family. Worryingly, shocks to the property market and the economy in recent years have made it harder [...]