Exclusive: Abrdn backs property recovery with UK to ‘lead the way’ July 29, 2024 Asset manager Abrdn has moved its view of property from an underweight position to neutral as it argued the UK is leading the way on a global recovery, City A.M. can reveal.
Government allocates £1.8bn funding for energy efficiency boost across UK homes and public buildings March 22, 2023 The government has allocated over £1.8bn to boost energy efficiency and cut emissions across homes and public buildings across England.
British Land inks deal with King’s College London for new tech centre in Canada Water July 8, 2024 AustralianSuper, which manages over £170bn in assets, has invested some £8bn into the UK since 2016, with holdings of around £2.5bn in UK listed equities, according to the Treasury.
CMA launches investigation into £2.5bn Barratt-Redrow merger June 14, 2024 The competition watchdog has launched a formal investigation into the £2.5bn tie-up between Barratt and rival housebuilder Redrow.
What a Labour landslide means for the UK economy July 5, 2024 Generating meaningful economic growth will be the defining mission for Keir Starmer's new Labour government, but how will he go about it?
Michael Gove’s housing department hands £1.9bn back to the Treasury in ‘blow to developers’ July 12, 2023 Michael Gove’s department returned £1.9bn of housing money to the Treasury claiming it was unable to spend it, leaving industry insiders baffled. The sum comprised money to pay for new house building projects, including affordable homes, and to conduct building safety remediations. Joshua Bond, founder and managing director of Bond Land, called Gove’s move “the [...]
Financial watchdog slams payment firms for lacklustre handling of APP fraud November 7, 2023 The UK's financial watchdog has found that payment firms should strengthen their systems to detect and prevent authorised push payment fraud (APP), as well as treat victims better.
Nationwide agrees terms for £2.9bn Virgin Money takeover to create second-largest UK mortgages and savings provider March 7, 2024 Nationwide, the UK’s largest building society, has struck a preliminary agreement to acquire Virgin Money, Britain’s sixth-biggest high street bank, valuing the latter at around £2.9bn.
New Semiconductor Institute welcomed by UK chip sector as part of £1bn strategy May 20, 2024 The new semiconductor institute is tasked with promoting the sector to investors and attracting foreign investment in British research.
Watkin Jones returns to profit after successful business restructure May 21, 2024 Property developer Watkin Jones returned to profit in the first half of the year after a successful business restructuring following a year of losses.