London owes a quarter of all housing mortgages April 8, 2014 There's more proof, if anyone still needs it, of London’s runaway dominance of the housing market out today. Data put together by the Council of Mortgage Lenders has shown the top 20 most-mortgaged postcodes are all in London, as well as the vast majority of the top 100. With a total of £649,426,811 in outstanding [...]
Finding strength in numbers: Meet SBD Apparel founder Ben Banks June 29, 2014 Peter Spence talks about the powerlifting business with SBD Apparel’s Ben Banks If you've ever come across the extreme world of strength sports, you’ll probably have got your first introduction stumbling through the TV channels on a Boxing Day morning. Last year, more than a million of us tuned in to watch the competitors of [...]
What the other papers say this morning – 21 March 2014 March 20, 2014 FINANCIAL TIMES Turkey blocks access to Twitter Turkey blocked access to Twitter late last night, after Recep Tayyip Erdogan, prime minister, vowed to eradicate the social media site, which has been extensively used to spread corruption allegations against his government. “Twitter and so on, we will root them out,” Mr Erdogan told an election rally [...]
Letters to the Editor – 17/04 – Pensions tax, Inflation, Best of Twitter April 16, 2014 Pensions tax [Re: How Britain can rebuild welfare with the power of individual contributions, yesterday] Here we go again. Bash higher rate tax relief for private pensions. What are we going to do about public sector pensions? Of course, it’s easier to have a go at the private sector, which is already subject to all kinds [...]
The only solution to the housing crisis: build, build and build February 20, 2014 BRITAIN is building again at last – or so the government would like us to believe. On the face of it, it has a point: the latest homebuilding statistics reveal that starts on new homes in 2013 totalled 122,590, up 23 per cent on the previous year, and the highest since 2007, according to the [...]
Tech to simplify moving home May 8, 2014 Melissa York meets the Tech City whizzes behind Plentific.com FINDING somewhere to live can seem like a never-ending headache, especially if you’re doing it for the first time. But Plentific, the latest in a series of tech start-ups looking to grab a slice of the property market, wants to use technology to take the stress [...]
Inside Track: City’s tech industry hopes are wrapped up in Just Eat April 3, 2014 JUST Eat shares got off to a very decent start in unconditional trading yesterday in a deal that has demolished some people’s reservations about the London new issues market for technology stocks. Contrary to what a number of experts said at City A.M.’s roundtable on the new issues market last June, London does seem prepared [...]
London house prices pull further ahead of regions March 13, 2014 HOUSE prices in the City soared by more than any other London borough, while the capital’s market continued to blast ahead of the rest of the UK, new figures showed yesterday. It came as mortgage lending shot up by more than a third in the last year, led by high loan-to-value mortgages. London prices increased [...]
Inside Track: JP Morgan is outpacing rivals in UK equity transactions March 28, 2014 WHEN the venerable David Mayhew sold 50 per cent of Cazenove to JP Morgan 10 years ago, there were many who predicted the gradual demise of the influence of that august stockbroking house. After all the City memory bank is filled deep with the names of institutions, such as Warburg, Kleinwort Benson and Smith New [...]
Buyers on the hunt for riskier big mortgages April 23, 2014 MORE than a quarter of prospective home buyers are now chasing riskier large mortgages, according to research released today, suggesting that announcements about the controversial Help to Buy scheme have driven the interest. According to Mortgage Advice Bureau (MAB), 27 per cent of house hunters are now looking to pay out less than a 10 [...]