Commercial radio giant Global shuffles management playlist August 6, 2023 Global, the owner of LBC, Heart and a host of commercial radio stations, has reshuffled its management deck despite maintaining its spot as the number one commercial radio company Both the finance and marketing chiefs of the UK’s largest commercial radio group have bid farewell to the company in recent weeks, according to Companies House [...]
The stark reality of the London Stock Exchange’s exodus June 1, 2024 2024 has not been a vintage year for London listings. UK markets have said goodbye to giants like Darktrace and Flutter. We reveal the full scope of the exodus.
Barbie, blockchain and the future of film financing March 17, 2024 n 2023, Box Office’s in the UK and Ireland broke the £1bn barrier for the first time since the pandemic and market research agency Mintel predicts the UK cinema market size is expected to grow 42 per cent to reach £2bn in 2027.
UK government moves to block Telegraph deal and foreign takeovers March 13, 2024 The amendment may derail the proposed £600m purchase of the Telegraph by an Abu Dhabi-backed investment fund.
Taylor Wimpey: Profit slashed almost in half by red-hot interest rates August 2, 2023 Taylor Wimpey posted a 44.5 per cent decline in operating profit in the half year, as the house builder said it was “inevitably” impacted by red hot mortgage rates which have shattered consumer confidence. The London-listed construction firm reported a 21.2 per cent contraction in revenues down to £1.6bn compared to £2bn in the same [...]
Persimmon warns of sales slide as interest rate rises push up the cost of mortgages January 12, 2023 Persimmon achieved sales at the top end of its 2022 guidance, despite the mortgage crisis and the wider economic downturn in the second half of the year. The York headquartered company, one of the UK’s largest housebuilders, sold 14,868 new homes last year a rise of two per cent compared to 14,551 in 2021. The [...]
Prime London property bounces back after election despite tax uncertainty August 15, 2024 Buyers have returned to prime London properties after the election despite uncertainty around the government’s position on tax changes, new data shows. Sales in July were at their highest on a year-to-date monthly basis, although the average price of a property fell by five per cent on an annual basis, LonRes has found. The number [...]
Bank of Mum and Dad will drive housing market recovery September 1, 2020 The Bank of Mum and Dad will be a key driving force behind the post-coronavirus recovery within the UK housing market, according to new analysis. Nearly one in four housing transactions – 23 per cent – will be supported by the Bank of Mum and Dad (BoMaD), a four per cent rise since 2019, according [...]
Backer of Yorkshire Water owner eyes £500m exit as industry troubles continue December 10, 2023 A part owner of one of the UK's biggest water suppliers is considering an exit as the sector comes under increasing scrutiny.
Housing market reeling after BoE hike interest rates in fresh blow for mortgage holders June 22, 2023 Prospective buyers and homeowners looking to reinstate fixed rate or tracker deals on their homes were met with a fresh blow this afternoon following the central bank’s decision to hike interest rates for the 13th time in a row in efforts to cool soaring inflation. It is expected that the decision will lead high street [...]