How the UK can lead the world in fintech April 15, 2024 Fintech is evolving and the UK stands to be at the forefront of that innovation, but only if we uphold the highest possible international standards, says Michael Mainelli The fintech landscape has not only transformed over the last few years, but the industry has also transformed the whole of the UK’s financial and professional services [...]
What is TfL’s Places for London, and is it really tackling the capital’s property crisis? May 11, 2024 TfL's property arm has been designed to generate a steady income for the transport body.
Exclusive: Abrdn backs property recovery with UK to ‘lead the way’ July 29, 2024 Asset manager Abrdn has moved its view of property from an underweight position to neutral as it argued the UK is leading the way on a global recovery, City A.M. can reveal.
British Business Bank working on plan to launch new £600m fund for UK startups February 5, 2024 The British Business Bank is set to invest hundreds of millions annually worth of pension savings into UK growth companies.
Swedish heat pump firm aims to convert one million UK homes with £300m investment November 27, 2023 A Swedish heat pump firm has pledged to inject £300m into the UK over the next three years and create 8000 jobs by 2033 in a boost to government plans to shift UK homes away from gas boilers.
London’s global edge has kept it punching well above its weight May 16, 2024 You’ve got the job, you’ve told your friends, you’ve even put it on your LinkedIn – and then it all falls apart. Something of a nightmare, and not just for the ego but it’s happening to foreign-born graduates of UK universities with visa issues. HSBC and Deloitte are the latest to pull job offers, driven [...]
London rents hit record highs – but price increases are slowing April 30, 2024 Average advertised rents in London are now 5.3 per cent higher than last year, but there are signs that the pace of price increases are slowing, a leading property portal has found.
Who is Tom Dawes? The Home REIT mystery man that profited from property deals April 11, 2024 Home REIT has been mired in scandal for over a year. For the first time, City A.M. can reveal the existence of a previously undisclosed businessman in the middle of a string of its property deals
London developer extends stamp duty holiday to October January 21, 2021 London developer Galliard Homes has extended the stamp duty holiday by six months, with the property company footing the bill. The company has extended the holiday to 1 October, while the official government tax break ends on 31 March, amid industry-wide calls for the deadline to be delayed. Galliard Homes said the extension, which applies [...]
Persimmon hands £750m to shareholders so far this year August 17, 2022 Persimmon, one of the UK’s largest housebuilders, has handed £750m to shareholders since the beginning of this year as the country’s housing market booms. The average selling price of a home has grown by a little under £10,000 over the past 12-months. “House prices have proved remarkably robust since the pandemic began, buoyed by pent-up [...]