Barratt Developments to beat forecasts with 45pc rise in profits July 9, 2015 The figures Housebuilder Barratt Developments is expecting a 45 per cent increase in profits for the year to the end of June, it said in a trading update today. The company is set to beat analysts’ forecasts, with a full-year pre-tax profit up to around £565m, while total forward sales are expected to have risen 29.6 per [...]
What to expect from TSB’s latest results tomorrow morning, one year on from Sabadell’s takeover April 20, 2016 TSB, the challenger bank snapped up last year by Spain's Banco Sabadell for £1.7bn after being carved out of Lloyds Banking Group in 2014, will report its first quarter results tomorrow morning. Earlier this year TSB boasted that more than 1,000 new customers were joining it each day, and that it was beating its own target for customers switching [...]
MartinCo plays down fears of buy-to-let slowdown as profits jump April 5, 2016 Shares in MartinCo rose by nearly four per cent today after the franchised lettings agency group said demand from a growing nation of renters helped to boost full-year sales and profits. The Aim-listed company, which has 287 offices operating under five brands including Martin & Co, Xperience, and Parkers, said group revenue increased by 38 per cent to £7.1m in 2015 compared [...]
Don’t believe the myth that Londoners oppose a vital new runway at Heathrow June 9, 2016 As MPs from different parties representing different parts of London, it’s not often we find ourselves unambiguously agreeing. But it is clear that to seize the opportunity for Londoners that comes from being at the heart of the global economy, we urgently need a government decision on airport capacity. And we need it to be [...]
Budget 2016: Here are the reactions to Osborne’s announcements on sugar tax, corporation tax, Insurance Premium Tax, Isas, education and growth prospects March 16, 2016 George Osborne has just announced some Budget surprises – a sugar tax, longer school days – as well as an increase in sin taxes on tobacco, alterations to ISAs and savings, and corporation taxes. Here's what analysts are already saying about the chancellor's latest agenda on… Personal allowance David Kilshaw, private clients services partner, EY [...]
Cala Group calls on government to tackle housing crisis by building more family homes March 7, 2016 Cala Group, has urged the government tackle the country's housing crisis by addressing the need for larger family homes, as the housebuilder forecast another year of record profits. The Edinburgh-based group, which builds high-end homes in affluent areas in the south of England as well as Scotland, said the government's increased focus on affordable housing and first time buyers was "misguided" [...]
UK steel crisis: Tata Steel looking into sale of UK assets, including Port Talbot operation in Wales, as Labour leader Corbyn and unions call for government intervention March 30, 2016 Tata Steel is set to sell its UK assets, putting thousands of jobs at risk, after crunch talks held yesterday between the company, politicians and union bosses in Mumbai failed to deliver a different solution. The company said last night that it had told the board of Tata Steel Europe to "explore all options for portfolio restructuring including [...]
London house prices: Here’s how pop-up homes could help boost supply and cut rental prices February 26, 2016 Pop-up venues – from shops to galleries and restaurants – have thrived since the recession and are now ingrained UK culture, providing landlords with a means of filling vacant spaces and supporting fledgling businesses. But they could play just as crucial a part in tackling London's housing crisis by providing fast and cheaper accommodation, the Greater London Authority (GLA) Conservatives have claimed. In [...]
Sandwell, Blaenau Gwent and Merthyr Tydfil are among the UK councils with the most indebted residents March 11, 2016 One in six adults in the UK, or 8.2m people, are struggling with debt worries and living with "problem" debt, according to a new study from the Money Advice Service and market analysis company CACI. The councils with the most indebted residents in the UK are Sandwell in the West Midlands, Blaenau Gwent and Merthyr Tydfil, both in [...]
From BHS to Brexit and the banks we love to hate: Here’s what got us talking April 29, 2016 We learned what makes Sadiq Khan and Zac Goldsmith crumble. Halifax was in the dog house over Top Cat. And the pot called the kettle black when Cameron took Farage to task over his “poncey” surname. Here’s what got us talking… The billionaire has faced calls for his knighthood to be taken away (Source: Getty) [...]