Six steps to housing heaven: How Theresa May can kick-start a house-building revolution July 26, 2016 The new Prime Minister has been in place for two weeks now, and is getting to work to achieve her positive agenda of uniting the country and promoting all parts of it, so no one is left behind. To deliver this, there has been substantial focus on housing delivery. The social case for housing is [...]
House prices remained buoyant in April despite Brexit backdrop, and yes, you guessed it: London property is still hideously expensive June 14, 2016 UK average house prices continued to grow in April according to the latest ONS house price index. Any Brexit jitters failed to impact the market, as prices increased by 8.2 per cent in the year to April, following the trend marked out since the end of 2013. Read more: No, Brexit won't hit house prices – here's why [...]
Rich Europeans exit prime central London homes August 19, 2016 International tenants are falling out of love with prime central London homes. According to data from Hamptons International, the number of tenants in the centre of London has been falling steadily since May 2013, dropping by eight per cent between then and May this year. Fionnuala Earley, research director at Hamptons International, said the rental [...]
Lords to investigate energy market as supply security “seriously threatened” July 21, 2016 The House of Lords economic affairs committee today launched a new inquiry into whether there are failures in the UK energy market. The committee is worried that government policies to keep the lights on this winter provide poor value for money for consumers and taxpayers. Read more: National Grid to take bids for one of world's [...]
City firms carry on hiring through Brexit uncertainty September 12, 2016 London’s firms are still taking on staff despite the uncertainty caused by June’s referendum, two new surveys of the capital’s businesses have found. Recruitment outfit Manpower said the number of employers planning to hire more staff in the final three months of the year has increased, taking London to second place on the nationwide league [...]
McDonald’s shares jump after more strong sales (despite killer clown craze) October 21, 2016 It looks like all McDonald's needed was a bit of wisdom from Watford man Steve Easterbrook. The fast food giant has just posted its fifth straight quarter of rising sales. The figures Global sales rose 3.5 per cent in the three months to the end of September, it said it an update today, pushed up by a 1.3 [...]
Long Weekend: Discover the glitzy nightlife and historic Portuguese-Chinese heritage of Macao, China October 21, 2016 THE WEEKEND: Macao may be known for its glitzy nightlife, but this unique destination only 40 miles from Hong Kong on the south coast of China offers a whole lot more than the roll of the dice. A huge foodie scene, a dazzling array of luxury hotels and a vibrant selection of cultural hotspots make [...]
UBS got it wrong: There’s no such thing as a London house price bubble November 10, 2015 Is London’s residential property market in a bubble? UBS seems to think so, after its Global Real Estate Bubble index suggested the UK's housing market is on the brink of a crash. But has it got its facts right? After all, the devil is really in the detail – and this was put together by [...]
Liam Fox and Remain campaigners clash over Brexit’s impact on housing June 1, 2016 Campaigners on both sides of the EU referendum debate are set to clash today over the impact of Brexit on the housing crisis. In a speech at Vote Leave's offices today, former defence secretary Liam Fox will blame immigration for high housing costs in the UK. Meanwhile, Britain Stronger in Europe will hit out at Fox, [...]
Keep calm and carry on: City giants play down Brexit hit August 22, 2016 The City's top financial services firms are keeping calm and carrying on in the face of the UK’s shock vote to leave the European Union, according to new research from accountancy giant EY published today. After tracking every public statement from 232 banks, insurers, asset managers, fintech firms and private equity houses since the vote, [...]