Labour floats radical housing policy as election looms September 2, 2019 Labour is mulling a radical new housing scheme in which first-time buyers could potentially purchase their property for less than the market price. Shadow chancellor John McDonnell said the plan, first floated by Jeremy Corbyn in 2015, would disrupt the rising buy-to-let market and stop landlords making “a fast buck” at the expense of their [...]
Dealmaker’s Spotlight: Oakwell Sports Advisory December 21, 2022 Datasite recently spoke with Alex Coral, VP, Oakwell Sports Advisory, to hear his thoughts and insights on why sport and its related assets remain a popular investment, even during a downturn. Oakwell is a dedicated corporate finance and strategic consultancy boutique that advises sports rights holders and investors on commercial strategy, financing options, and valuation. [...]
UK construction industry sees biggest rise in orders since 2014 – PMI December 4, 2020 By David Milliken LONDON (Reuters) – Britain’s construction industry grew faster than expected last month, boosted by the strongest orders since 2014 amid a boom in house prices, a survey showed on Friday. The IHS Markit/CIPS construction Purchasing Managers’ Index (PMI) rose to 54.7 in November from 53.1 in October, its strongest since July and [...]
UK housing transactions slump in January as lockdown implemented February 23, 2021 UK housing transactions slumped last month due to the impact of national lockdown restrictions, according to the latest figures. HM Revenue and Customs data showed the provisional seasonally adjusted estimate of UK residential transactions in January was 121,640, a drop of 2.4 per cent compared to the previous month. The month-on-month drop is a typical [...]
UK PMIs: Construction activity contracts for the first time since May February 4, 2021 Construction output declined for the first time in eight months in January as lockdown measures and near-term economic concerns led to hesitancy among clients. The IHS Markit/Cips purchasing managers (PMI) index for construction scored 49.2 in January, with any score below the 50-mark indicating contraction. The reading was a sharp drop from December, when a score of [...]
Countryside reports profit jump as CEO announces exit November 21, 2019 UK housebuilder Countryside Properties reported a jump in profits as it announced chief executive Ian Sutcliffe is set to step down next year. The figures The developer said profit for the year ended 30 September was £168.4m, up from £148.6m the previous year. Read more: Poll: UK house prices won’t match low inflation until 2021 [...]
Renegade wine made in Bethnal Green – with YOUR face on it June 24, 2021 Warwick Smith is Bethnal Green’s first and so far only winemaker, and probably the only one that puts his customers’ faces on the bottle. “We ask people to put themselves forward every year and we pick a selection. The idea is that the wines stay with the people. If we make the same wine in [...]
New builds: Homes on the market this week including apartments in White City and Walthamstow August 9, 2019 White City Living, White City This Saturday, Berkeley’s St James division will launch the first show apartment at White City Living in West London. The apartment has been designed around the principles of Feng Shui by Jigsaw Interior Architecture. There are 1,800 new homes being built at the development, which sits next to the BBC [...]
Edinburgh Festival to go ahead this year with outdoor venues April 13, 2021 The Edinburgh International Festival will go ahead this year as an in-person event, with performances moving outside to conform with coronavirus safety measures. Organisers have drawn up a plan for the iconic arts festival to run between 7 and 29 August in the Scottish capital. A number of covered stages will be set up across [...]
London house prices hit record highs due to impact of stamp duty holiday January 20, 2021 London house prices jumped at the end of last year, with average values breaking the £500,000 threshold for the first time. Average house prices in London rose four per cent between October and November last year, according to the latest official data. The annual price rise of 9.7 per cent took the average property value [...]