House prices rise in London yet market weak in rest of UK June 13, 2011 SLUGGISH activity in the UK’s housing market has dashed hopes for a springtime boom, a leading survey exposed today. Yet property sales in London continue to defy the weak market elsewhere in the country, the Royal Institution of Chartered Surveyors (RICS) revealed. London has been the only region to report rising prices in each of [...]
Wimpey says sales solid for autumn November 7, 2011 HOMEBUILDER Taylor Wimpey said trading in the busy autumn selling period had been stable and it is on track to meet margin targets. The UK’s second-largest volume housebuilder by market value said its current order book for future completions stood at 6,265 homes, against 5,496 homes at the same point last year. The group is [...]
Taylor Wimpey reports steady autumn November 7, 2011 Homebuilder Taylor Wimpey said trading in the busy Autumn selling period had been stable and it is on track to meet margin targets. The UK’s second-largest volume housebuilder by market value said its current order book for future completions stood at 6,265 homes, against 5,496 homes at the same point last year. The group is [...]
FTSE recovers from Euro rout April 24, 2012 BRITAIN’S blue-chip shares rose yesterday, rebounding from a Europe-wide rout the previous day and helped by better-than-expected US housing data which boosted global risk appetite. The FTSE 100 index rose in tandem with US stocks following the release of US new home sales data, which dropped to four-month lows but came in above analysts’ expectations. [...]
FTSE recovers from Euro rout April 24, 2012 BRITAIN’S blue-chip shares rose yesterday, rebounding from a Europe-wide rout the previous day and helped by better-than-expected US housing data which boosted global risk appetite. The FTSE 100 index rose in tandem with US stocks following the release of US new home sales data, which dropped to four-month lows but came in above analysts’ expectations. [...]
Given takes up her new role at SuperGroup April 10, 2012 RETAIL veteran Susanne Given took up the newly created role of chief operating officer at SuperGroup yesterday as the fashion house looks to strengthen its management team and boost its presence overseas. The owner of the Superdry fashion label has had a turbulent stock market performance since its successful flotation in 2010. It has been [...]
Where to eat like a queen May 17, 2012 Free dinners for Diamond Wedding couples at Clos Maggiore 3 King Street, Covent Garden, WC2E 8JD, tel: 020 7379 9696 One of London’s most romantic restaurants, Clos Maggiore, is paying homage to the Queeen’s Jubilee by offering a delicious four-course dinner on the house to couples who can prove they were married in 1952. The [...]
M&S profit falls May 22, 2012 Marks & Spencer posted a 1.2 per cent fall in full-year underlying profit, its first decline in three years, as even its relatively older and more affluent customers were touched by the economic downturn. Britain’s biggest clothing retailer, which also sells homewares and upmarket foods, said on Tuesday it made a profit before tax and [...]
Eurobonds are an economic risk and a political dream May 21, 2012 THE idea of Eurozone countries pooling their sovereign debt in the form of Eurobonds re-emerges every time the euro crisis suffers another turn for the worse. Curiously, the idea’s chief proponent seems to be the UK government, which has made several interventions, stressing the need for the Eurozone to move to “fiscal burden-sharing”. This puts [...]
FTSE falls as fear stalks markets May 16, 2012 Commodity stocks took a hammering this morning as investors ran for cover with the prospect of fresh Greek elections adding to the uncertainty stalking markets. The prospect of Greece exiting the Eurozone were mounting as the country struggles to avoid economic meltdown. But in positive UK news official figures showed a drop in the unemployment [...]