Low-paid workers could be priced out of tourist hotspots September 28, 2021 Some workers could be priced out of their tourist communities as house prices and rents soar in seaside locations. There have been concerns an exodus of workers from costly coastal and rural areas could exacerbate shortages in tourism and hospitality sectors. House prices rose at three times the national rate in some rural and coastal [...]
Gazprom and Uniper shares plunge as fallout from Ukraine crisis deepens June 30, 2022 Shares at two of Europe’s largest energy firms have plummeted this week, as the gas crisis and between Russia and the West escalates.
Markets live: FTSE 100 up but US stocks down amid stimulus hopes July 28, 2020 The FTSE 100 rose but US stocks fell as coronavirus cases climbed around the world and Republicans and Democrats prepared to debate a new stimulus package amid new vaccine trials The UK’s main stock index was 0.3 per cent higher in afternoon trading at 6,120 points after briefly slipping into the red. The FTSE 250 [...]
US dealmaking pushes global M&A to first-quarter high April 13, 2021 Global M&A is on course for a record-breaking year as pent up demand pushed deal-making to an all time high in the first quarter. The momentum seen in the latter half of 2020 has continued unabated with the M&A market surging in the first three months of the year. The number of deals is up [...]
The hurdles holding back home ownership October 3, 2019 There is good news and bad news when it comes to the numbers of first-time buyers in 2019. The good news is that, despite existing homeowners taking a more cautious approach in this uncertain political and economic climate, sales are up almost six per cent compared to this time last year. However, the positive statistics [...]
Car production bounces back on 12-month anniversary of factory shutdowns May 27, 2021 UK car production returned to near normality in April compared to the same month a year before as automakers continued to struggle with the shortage of semiconductor chips. Britain made 68,306 cars last month, up from 197 a year ago when factories were shuttered due to the initial Covid-19 lockdown. Compared to April 2019, the [...]
Millions of homeowners will see mortgage rate rises as ‘softer’ house price growth forecast December 16, 2021 Major banks have hiked mortgage interest rates in response to the Bank of England hiking rates 0.15 percentage points to 0.25 per cent. Banks raised rates following the decision on Thursday, meaning millions of households will pay heftier monthly mortgage repayments. Barclays, Halifax, Lloyds Bank, NatWest, Nationwide and Santander will pass on the increase to [...]
Frieze 2021: An electric start to the new art season October 22, 2021 It is telling, though perhaps unsurprising, that in a time of expanding digital exhibition spaces, curators, artists, and collectors still value face-to-face contact provided by art fairs. Frieze is the best of them all to kickstart the new London art season, with its sculpture garden and two imposing marquees – Frieze London and Frieze Masters [...]
UK house prices tumble at fastest rate since 2009 amid coronavirus June 2, 2020 UK house prices dropped at the fastest rate since the financial crisis in February 2009 last month, figures have shown, as the coronavirus pandemic brought the property market to a standstill. House prices tumbled by 1.7 per cent in May compared to growth of 0.9 per cent a month earlier, according to the closely watched [...]
World Rugby should be taking the lead on tackle heights, not following January 26, 2023 It is the work of just a minute or two to create a petition on the Change.org website, to be one of the ‘people taking action’ whose signatures the public-benefit corporation claims to be turning into ‘victories every day’. Takes only a few seconds to add a signature to a petition. By contrast, seven years [...]