Follow the money: Property market’s peak starts to push investors towards startups and small businesses February 22, 2022 Investment habits have changed rapidly over the last few years in the UK, with individuals leaning on investments to provide them with passive income. Property investing has been seen as a stable investment over the past decade. The UK housing market has registered substantial growth over the past few years, causing property investing to become [...]
Top business disasters of 2023: City A.M. reflects on the biggest corporate mishaps of the year December 30, 2023 Here at City A.M., we’re taking some time to reflect on some of the biggest c*ck-ups in business in the last 12 months.
Aviva Investors eyes build-to-rent earnings as it bolsters European team October 3, 2022 Aviva Investors is looking to develop a build-to-rent portfolio in Spain worth €500m (£438m), having recently built out its European real estate investment team. It is the second build-to-rent venture by Aviva Investors and its first in continental Europe, following its partnership with Packaged Living for 195 homes in the West Midlands, UK. The asset manager [...]
Recession jitters drive FTSE chiefs out of the top job April 24, 2023 Chiefs of the UK’s top companies have been exiting their roles at a doubly quick pace over the last year, driven by boards trying to insulate their firms from the economy being whacked by rising prices and interest rate hikes with a change in leadership, a new study out today shows. Some 38 chief executives [...]
Miserly OPEC and embattled Norwegian offshore workers exacerbate oil supply pressures July 3, 2022 Oil prices recovered ahead of trading this week, arresting a slump driven by recession fears with a two per cent plus uptick across both benchmarks.
High street struggles: 2,000 local stores, pubs and hairdressers wiped away this year September 21, 2023 Nearly 2,000 independent local stores were left vacant in the first half of this year, as the cost of living crisis continues to eat away at the health of the high street and small businesses. Some 1,915 independent businesses on high streets, retail parks and shopping centres closed in the first leg of this year, marking [...]
UK housing market continues strong recovery as prices surge September 30, 2020 UK house prices rose by five per cent in September compared with a year previous according to the latest data from Nationwide. The building society said the annual rate of growth was at its highest in four years as the post-lockdown recovery continued. Its lending data revealed that there had been a 0.9 per cent [...]
UK will have to spend £9bn more in foreign gas if it fails to ramp up heat pumps June 8, 2023 A lack of government ambition in ramping up the installation of heat pumps, will force the UK to spend a further £9bn on extra gas imports.
UK house prices go in reverse as market enters ‘new normal’ December 15, 2021 House prices have entered a ‘new normal’ after dropping 1.1 per cent between the end of the stamp duty holiday in September and October of this year. However, prices are 10.2 per cent higher year on year, marking the third month where annual growth has hit double figures. Year-over-year growth dropped from 12.3 per cent [...]
UK inflation hits 9 per cent: 40-year high as country wrestles cost of living crisis May 18, 2022 UK inflation has hit 9 per cent, a 40-year high, as the country wrestles with a cost-of-living crisis. Top economists have pegged inflationary headwinds to hit double figures by the end of the year, as food, energy and other household services and goods spiral in cost. Food products and metals have seen the largest leaps [...]