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 [...]
London house price growth sinks to near-decade low September 19, 2018 London house prices plunged to their lowest rate of growth in nearly a decade in July, falling 0.7 per cent as the capital's property market slowdown shows no sign of easing up. The average London property cost £485,000, marking the steeping decline since September 2009, according to the latest figures from the Office for National Statistics (ONS). Meanwhile, [...]
London house price growth sinks to near-decade low September 19, 2018 London house prices plunged to their lowest rate of growth in nearly a decade in July, falling 0.7 per cent as the capital's property market slowdown shows no sign of easing up. The average London property cost £485,000, marking the steeping decline since September 2009, according to the latest figures from the Office for National Statistics (ONS). Meanwhile, [...]
Meet the fund manager: Picking the best bonds in the world May 20, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A.
Construction firms clear backlogs before downturn hits October 6, 2022 Construction firms are clearing a huge backlog of work, but the sector is on course to shrivel in the coming months as it is whacked by soaring interest rates, a closely watched survey published today. S&P Global and the Chartered Institute of Procurement and Supply’s (CIPS) purchasing managers’ index (PMI) for the construction industry swung [...]
Rental market boom may be on the horizon as homebuyers struggle November 26, 2022 As the property market continues to stutter, the nation’s rental market is set for a boom, as historic housing market trends show that a decline in property sales also leads to a boost to private rental market stock, a leading City fund manager told City A.M. this weekend. Sales and rental markets during the economic [...]
Sunak: ‘The plan is working’… But what is the plan? May 31, 2024 City A.M. has had a look at what Sunak and Hunt have been saying and doing over the past couple of years, pulling together what can, with a bit of squinting, be described as a plan.
Busiest housing market since 2007 anticipated with households to make moving decisions over Christmas November 29, 2021 The UK is readying itself to record the busiest housing market since 2007 as the pandemic has made homeowners reconsider their living situations. Keen interest from buyers has sent house prices soaring, with the average value of a home now £240k, according to Zoopla’s House Price Index. The pandemic has compelled many to reconsider where [...]
The UK should care about workers who emigrate to avoid a painful brain drain June 1, 2023 Our government worries so much about immigration, and yet doesn't consider how many Brits might be thinking about leaving our shores. It could lead to a dangerous brain drain, writes John Oxley
Stamping out tax on share purchases is a no-brainer March 4, 2024 The UK hobbles not just financial services but any business operating on the London stock exchange by levying a tax on share purchases, writes Emma Revell.