UK house prices: Housebuilding won’t meet demand, so will 2015 lead to a worsening supply shortage? December 29, 2014 Despite the slowing housing market, a surplus of demand and dearth of properties could lead the housing market into crisis in 2015. A survey by the National Association of Estate Agents (NAEA) has revealed many of its members believe that government plans to build new homes will not do enough to sate demand. [...]
Bovis Homes is upbeat despite cooling market January 15, 2015 BOVIS Homes said yesterday it is on track to deliver a significant hike in profits after the UK’s buoyant property market helped the housebuilder to sell a record number of homes. The FTSE 250 company, which builds most of its homes in the south of England but outside London, completed 3,635 property sales in the [...]
ITV share price jumps on double-digit growth and £250m special dividend payout – but audiences continue falling March 4, 2015 The figures ITV's shares shot up five per cent in early trading as revenue climbed eight per cent to £2.6bn in 2014 and adjusted pre-tax profit jumped 23 per cent to £712m. The UK's largest broadcaster will pay out a special dividend of £250m to shareholders, or 6.25 pence per share. That's in addition to a 3.3 [...]
The flash crash trader Navinder Singh Sarao returns to London cell ahead of extradition fight April 29, 2015 The legal team of flash crash trader Navinder Singh Sarao is aiming to appoint a QC to work on his upcoming extradition case, a member of his legal team said at Westminster Magistrates’ Court yesterday. Richard Egan, partner at Tuckers Solicitors, said yesterday that while a junior barrister is currently dealing with the case [...]
Amazing Spaces’ George Clarke on how to deal with empty homes March 12, 2015 Last week, over a thousand City workers stood at the bottom of Tower 42’s monumental staircase and thought, “Why did I sign up for this?” Joining them was City A.M.’s digital team and architect-turned-TV personality George Clarke, who reached the top of the skyscraper in a very respectable nine minutes and 29 seconds, all in [...]
London house prices and UK rent rises to slow in 2015 December 18, 2014 London house prices are set to stall in 2015, the Royal Institution of Chartered Surveyors (RICS) said today. Prices in the UK are forecast to grow by three per cent in 2015, yet in the capital growth will be zero. Rents in the UK are expected to increase by just two per [...]
Bagging talent: How to recruit the best people May 4, 2015 Turn to the HR team to find the right recruiter and get candidate feedback. As demand returns to the economy, many organisations can’t find the people they need to grow. Talent shortages are rife, and are set to worsen over the next two years. Meanwhile, our latest data shows that 95 per cent of [...]
FT publisher Pearson reports £720m in profit January 21, 2015 FINANCIAL Times owner Pearson announced yesterday that it expected to report 2014 results in line with its previous guidance, anticipating an adjusted operating profit of £720m. Pearson said it had faced tough market conditions last year as its North America and UK education businesses were hit by cyclical and policy-related pressures, and smaller school textbook [...]
Ask the crowdfunding industry: Founders James Codling and Dillen Iyavoo on inflated valuations May 6, 2015 The growth rate of equity-based crowdfunding has been impressive. Research by Judge Business School and EY has shown that, between 2012 and 2014, volumes grew from €5m to €111m in the UK, rising four-fold last year. But while more and more individuals are considering both equity and debt-based crowdfunding as a novel but viable investment [...]
India primes economy as Narendra Modi’s government lays out pro-growth budget March 1, 2015 Business gave a cautious welcome to the Indian government’s landmark budget yesterday, highlighting its bid to unify the country’s fragmented markets and boost growth through tax cuts and infrastructure investment. “It delivered on all counts. The Prime Minister set out a vision and the budget lays it out as a roadmap,” Karan Chanana told City [...]