Housebuilder shares rise as Conservatives promise 200,000 cheap starter homes for first-time buyers March 2, 2015 Shares in the UK's largest housebuilders bounced this morning, after the Conservatives pledged to make 200,000 "starter homes" available cheap for first-time buyers if they win the election. Shares in Taylor Wimpey rose 1.54 per cent to 147p in early trading, while Barratt rose 0.87 per cent to 520p and Persimmon rose 1.36 per cent [...]
UK biotech can match the US – if we end the investment valley of death April 27, 2015 The Personalised Medicine World Conference, where industry leaders in the life sciences and biotech sectors present their latest research to peers, patients and investors, took place at Oxford University earlier this month. Personalised medicine has captivated business leaders and investors globally, and the conference’s migration from its original home in Silicon Valley suggests that the [...]
Sales up at Safestay’s posh hostels April 13, 2015 SAFESTAY, the Aim-listed property developer of upmarket hostels, posted a jump in full-year sales thanks to growing demand from families, business travellers as well as traditional backpackers for its plush rooms. The four-year old company was founded four years ago with the idea of sprucing up the hostel market and providing a safer and more [...]
In charts: London house prices are now 2.3 per cent below their peak February 17, 2015 London house price growth is slowing along with the UK’s, according to new data. In December, prices in the capital were 2.3 per cent below their August peak, with the rate of growth slowing from 15.3 per cent to 13.3 per cent. Back in May, London prices were on an annual growth roll of 20.1 [...]
London Fashion Week ditches Somerset House for Soho April 27, 2015 London Fashion Week is leaving its home at Somerset Home to take up a new venue in Soho. The 62nd edition of the biannual fashion show will take place in September at Brewer Street Car Park, across two floors. It will host more than 100 designers exhibiting their latest collections to buyers from the [...]
UK house prices: 20pc discount offered to first-time house buyers in England February 28, 2015 From today, first-time house-buyers under the age of 40 can register for a 20 per cent discount on certain properties in England. The offer is taking place under a new government scheme called “starter homes”, which aims to make more affordable housing for young people on disused brownfield sites. “With average house prices for [...]
London barometer: How General Election uncertainty is influencing home buyers and sellers March 26, 2015 Politics continues to shape the property market as demand falls and supply increases ahead of one of the most divisive elections in generations. The outcome is causing uncertainty in the sales market and a general mood of caution, with some buyers and vendors hedging their bets before committing to selling or buying. Valuations remain consistent [...]
Why markets shouldn’t necessarily fear a minority government in the UK April 22, 2015 After taking account of polling by Lord Ashcroft in the key 150 marginal constituencies, the opinion polls have been consistently suggesting that no single party will have a clear majority after 7 May (effectively, gaining over 323 seats, given that five Sinn Fein MPs are unlikely to take their seats in the House of Commons). [...]
Crossrail boosts property values by 57pc near London stations March 18, 2015 HOUSE prices within a 10-minute walk of Bond Street station have soared by 82 per cent since Crossrail was first announced in 2008, a report released yesterday showed. That’s almost twice the 43 per cent rise recorded in the wider area. Crossrail, which is due to open in 2018, has spurred new developments from Reading [...]
City Moves for 11 May 2015 | Who’s switching jobs May 10, 2015 DC Advisory The corporate finance adviser has announced the appointment of Colin Pollock as executive director in its European infrastructure team. He joins from Barclays, where he was director in the power, utilities, and infrastructure team within its investment banking division. UBS Global Asset Management The asset management firm has appointed Peter Cazalet as executive [...]