St Modwen and Telford upbeat on south east May 30, 2012 PROPERTY developers Telford Homes and St Modwen said the residential property market in London and the south east of England remained robust and would underpin their growth in 2012. East London residential developer Telford Homes said pre-tax profits for the year to the end of March leapt 20 per cent to £3m, helped by its [...]
St Modwen and Telford upbeat on south east May 30, 2012 PROPERTY developers Telford Homes and St Modwen said the residential property market in London and the south east of England remained robust and would underpin their growth in 2012. East London residential developer Telford Homes said pre-tax profits for the year to the end of March leapt 20 per cent to £3m, helped by its [...]
The case for investing in the artistry of rare gold coins June 10, 2012 THE rare coin market encompasses over 2,500 years of history. It’s dominated by a backbone of collectors who offer stability as long-term holders with a passion for collecting. Growth is currently coming from both collectors and investors. It is a result of a combination of very low interest rates, extreme volatility within traditional investment markets [...]
London house market leading price recovery April 24, 2012 LONDON’S housing market has the strongest prospects in the country, according to a new survey, and official figures yesterday showed sales across the UK may be rising gradually. Almost 40 per cent of Britons think house prices will rise over the next year, compared with just 20 per cent who expect a drop, leaving the [...]
Buy to let loans rise as market woes heal May 10, 2012 BUY to let lending jumped sharply in the last year, industry figures showed yesterday, though the sector remains far smaller than it was in its 2007 peak. Lending in the first quarter hit £3.7bn in 32,000 loans, according to the Council of Mortgage Lenders. This was up 32 per cent on the same period of [...]
There’s no need to fear the return of retail investors May 7, 2012 LAST week, I was having a Twitter conversation with viewers about Google’s top three autofills for the search query “I want to buy…” The answers that came back varied depending on which country or state the viewer was in. In the US, people want to buy houses, cars, and, in some places, guns. In Sweden, [...]
Anthony Bolton’s $750m China fund has lost a fifth of its value June 12, 2012 ANTHONY Bolton’s Fidelity China Special Situations fund has lost a fifth of its value since its launch in Asia in 2010, lagging the wider Chinese stock market, it was revealed in an annual report yesterday. Bolton, one of the UK’s best known and most successful fund managers, said in the report that he continued to [...]
A smart acquisition pays off as satnav market shrinks June 12, 2012 I OWN a satnav. It used to be my pride and joy, but now sits in the boot of my car, while my wife calls out directions to me from her iPhone. Soon, according to Apple’s announcement on Monday, I could simply replace my wife with an iPad and have Siri call out every turn [...]
Government’s plan to subsidise credit could easily backfire June 15, 2012 USUALLY, formal dinners at Mansion House in the City are highly enjoyable but somewhat predictable affairs. This one was unusually exciting. For the first time I can remember, the speeches from George Osborne and Sir Mervyn King included major news bombshells. The Bank is launching an £80bn “funding for lending” plan to cut the cost [...]
Government’s plan to subsidise credit could easily backfire June 14, 2012 USUALLY, formal dinners at Mansion House in the City are highly enjoyable but somewhat predictable affairs. This one was unusually exciting. For the first time I can remember, the speeches from George Osborne and Sir Mervyn King included major news bombshells. The Bank is launching an £80bn “funding for lending” plan to cut the cost [...]