London rental prices clock biggest monthly bump since records began October 18, 2023 Data released by the Office for National Statistics (ONS) on Wednesday showed rental prices in London increased by 6.2 per cent in the year to September, up from 5.9 per cent in August.
Brewing giant slumped to loss ahead of Marston’s selling up to Carlsberg August 27, 2024 The brewing joint venture worth almost £800m between Marston’s and Carlsberg slumped to a loss in the year before the pub giant sold its stake, it has been revealed. Carlsberg Marston’s Brewing Company made a pre-tax loss of £25.2m in 2023, according to newly-filed accounts with Companies House, having posted a pre-tax profit of £7.1m [...]
Property developer Related Argent inks deal for £200m build-to-rent Brent Cross homes May 28, 2024 Property developer Related Argent has formed a joint venture with NTT UD Europe Limited, a subsidiary of the Japanese telecommunications company NTT Group, to build the third development of Build-to-Rent homes at Brent Cross Town in London.
Santander UK profits rise but lender bracing itself for house price fall April 25, 2023 Santander’s UK division was boosted by higher interest rates but the bank remained cautious looking forward, suggesting house prices could fall ten per cent taking them back to 2021 levels. The Spanish bank’s UK business saw its pretax profit climb 11 per cent to £547m as higher interest rates continued to bolster its performance. Santander’s [...]
Workday to invest £550m in Britain to cement it as tech ‘superpower’ May 15, 2024 US software giant Workday has announced plans to invest more than £550m in the UK over the next three years.
St James’s Place set to plummet out of FTSE 100 May 29, 2024 St James's Place is set to fall out of the FTSE 100 after ten years in London's main index.
Regulator seeks to overturn fine rejection against pharmaceutical firms July 11, 2024 The Competition Market Authority (CMA) is seeking to overturn a decision which reversed fines imposed on pharmaceutical firms.
How a little-known vaping group went from nothing to sales of $1bn in just two years March 9, 2024 How has a vaping group reached $1bn in sales in only its second year?
House sales set to tumble this year on recession jitters, experts warn January 24, 2023 House sales are set to tumble due to owners waiting until the recession passes to cash in on their homes, estate agents have predicted today. Homeowners are expected to adopt a wait and see approach during the first six months of 2023 for fear they will have to sell their property at a lower-than-demanded price. [...]
Investment in UK student housing climbs 245 per cent to record high July 4, 2024 Investment in the UK's purpose-built student accommodation (PBSA) sector soared to £1.7bn during the first half of the year, according to BNP Paribas, in yet another sign of the real estate class's eye-popping growth.