Chancellor to meet with Lloyds, Barclays and Natwest executives over share slumps January 18, 2024 Chancellor Jeremy Hunt is convening a summit with bosses from the UK's largest banks to discuss concerns that their poor share performance is preventing more lending into the economy.
UK economy avoids recession edge as GDP shows no growth November 10, 2023 The ONS said services fell by -0.1% per cent, construction grew by 0.1 per cent and production was flat at 0.0 per cent, as the UK economy appeared to remain stagnant.
Virgin Money launches new £150m share buyback despite rise in impairments November 23, 2023 Virgin Money has launched a £150m share buyback programme as its margins remained stable, despite a fall in pretax profit driven by a surge in impairments.
Brits flock to cash ISAs as tax hikes bite July 2, 2024 Households deposited £4.2bn into cash ISAs during May, the highest figure for the month. It followed a record-breaking April, which saw a net inflow of £12.3bn.
London estate agent Dexters continues growth on improved market share and Marsh & Parsons deal June 25, 2024 The largest London-only property specialist has continued its unstinting track record of year-on-year growth in 2023, suggesting the capital's property market remains in vibrant despite restrictive supply and higher rates choking off demand.
Election 2024: Tories accuse Labour of stamp duty ‘hammering’ for first time buyers June 20, 2024 The Conservatives have claimed Labour not matching their housing promises will result in “hammering” first-time buyers with stamp duty.
Regulation has ‘stifled’ growth in housebuilding, Berkeley boss says June 19, 2024 "The industry has absorbed many regulatory changes over recent years and, while all well-intended, when taken together they have stifled investment, housing delivery and growth," he said.
Nationwide urges members to back tripling of chief’s maximum bonus June 14, 2024 Nationwide is urging members to vote in favour of tripling of its boss' maximum long-term bonus as the building society looks to bring her remuneration opportunity more in line with its high street rivals.
House prices are poised to slide in 2023 but straight into the hands of the lucky few February 7, 2023 There’s a pretty wild variety of house price predictions doing the rounds. Capital Economics have forecast they could fall 12 per cent, while experts at property search site Zoopla are a bit more optimistic. The consensus seems to be somewhere around a six per cent fall in 2023. One thing is certain: house prices are [...]
Renting in London might finally be about to get a bit easier June 7, 2024 The rate at which rental costs in London are rising slowed in April, but tenants are still handing over an average of £2,112 to landlords each month.