London rents surge to record high of more than £2,500 as experts warn of no let up in sight April 28, 2023 London rents have surged to their highest level on record and experts have warned there is little sign of the capital’s housing market improving any time soon, fresh figures out today reveal. The cost per month of renting a property in London climbed 14 per cent over the last year to £2,501, according to search [...]
London offices at mainline stations in demand as occupiers seek to commutes April 1, 2024 Offices near mainline stations in London have lower vacancy rates and higher rents than elsewhere in the capital as occupiers look to cut down commutes of their workforce to entice them back to the office.
Hunt downplays tax cuts odds, conceding calming inflation is tougher than feared July 8, 2023 Tax cuts was growing less likely as Chancellor Jeremy Hunt signalled the pledge to halve inflation was proving harder than expected.
UK house prices hit average of £294,845 in largest growth spurt since 2004 July 7, 2022 House prices leaped in June in the largest increase of monthly growth since 2004, hitting an average of £294,845 after months of declining growth. Climbing ever-closer to the £300,000 mark, house prices jumped 1.8 per cent in June, after climbing one per cent in May, when the average cost of a home was £289,099, according [...]
Jacob Rees-Mogg’s Somerset Capital to wind down after St James’s Place loss December 7, 2023 Tory MP Sir Jacob Rees-Mogg's boutique fund management house Somerset Capital is set to wind down
Give over 50s a tax bonus of £1,000 to get them out of retirement and back to work September 13, 2023 The premium pound - or the older workers who can boost our economy - need to be tempted back to the office, write Andrew O'Brien
Is the green fundraising boom over for investment trusts? March 26, 2024 While investment trusts as a whole have not performed well in recent months, those that focus on the environment had a particularly dire time in 2023. All trusts categorised as environmental by the Association of Investment Companies currently sit on steep discounts, with the average being 13.2 per cent, while they are down by an [...]
Pound slumps as City cuts Bank of England interest rate bets after shock inflation fall July 19, 2023 Pound sterling today has tumbled sharply in response to markets reining in their expectations for further interest rate hikes from the Bank of England. Britain’s currency shed nearly one per cent against the US dollar, its largest fall in months, to buy $1.29. It was down a similar amount against the euro at €1.15. The [...]
As Panmure pulls the trigger, could Peel Hunt be the next broker to strike? January 17, 2024 Smaller investment banks have been through a wave of deals this year - could Peel Hunt be next?
UK investors see India and tech funds smash June as climate strategies falter July 1, 2024 Ben Yearsley, director of Fairview Investing, described the Indian bounce as "slightly surprising" given the initial market panic initially after the election.