UK landlords prepare to sell due to tax increases and reforms January 8, 2020 A quarter of landlords are planning to exit the market this year, citing tax increases and government reforms as the main driving factors behind the decision to sell, a new survey has found. The survey of UK landlords found that 26 per cent were preparing to sell at least one property this year, partly due [...]
Sluggish house price growth in London while Manchester and Edinburgh soar June 29, 2018 London house price growth has fallen to a nine-year low, according to new figures out today. Growth in the capital’s flagging property market fell to a year-on-year low of 0.4 per cent in May, while Edinburgh and Manchester house prices soared to 7.1 per cent and 7.0 per cent respectively. The latest data from property [...]
Soaring inflation in construction could spell disaster for housing in England November 25, 2021 The construction industry has been hit badly by inflation. Material prices are up: in terms of year on year increase, structural steel is at 65 per cent, reinforcement steel is at 62 per cent and plywood is at 56 per cent. Familiar supply chain problems are causing delays, and the cost of both energy and [...]
Bank of mum and dad finances half of all first-time buyer purchases as parents spend $10bn October 22, 2021 Nearly half of all first-time buyer housing transactions this year are being financed by the ‘bank of mum and dad’, according to a new property forecast, shared with City A.M. this afternoon. Total contributions from parents helping younger generations to buy a home are expected to reach £9.8bn in 2021, analysis from property group Savills [...]
Gazprom’s export growth to European markets slows over winter as energy crisis deepens December 15, 2021 The pace of Gazprom's natural gas exports' growth to Europe has slowed down in recent months, with fears of blackouts this winter.
Bushmills Causeway Distillery: Worship at the cathedral of whiskey July 12, 2023 Today is the Twelfth of July, when Northern Ireland’s unionist community celebrates William of Orange defeating the Catholic King James II, at the Battle of the Boyne in 1690. This victory secured a prolonged period of Protestant dominance, and the associated commemorations have been an ongoing source of sectarian tensions. Even now, parades organised by [...]
UK recession lurks around corner as thousands face extreme poverty without more support May 11, 2022 A recession in the UK is just around the corner and the economy will stay in the doldrums without a major policy overhaul, a top think tank warned today. Britain’s economy will contract in the third and fourth quarters of this year, meeting the grade for a technical recession, the National Institute of Economic and [...]
Nasco UK Ltd is no stranger to an award and certainly no stranger to the Queen’s Awards. May 10, 2022 Their winning of this year’s award for international trade is the fifth time Nasco has been recognised by the crown in this category, the previous four coming consecutively between 2013 and 2016. On top of that Nasco won Sunday Times Fast Track awards in 2013 and 2014 as one of the fastest growing private companies [...]
Exclusive: How London’s prime property financing space weathered Brexit, Covid and market mayhem October 24, 2022 Prime property finance is experiencing a boom in demand but battling falling prices. Yet, as the most resilient part of the market shows it can insulate itself from Brexit, the pandemic and current financial woes. While not immune from external shocks, its ability to recover faster than the rest of the industry makes it a [...]
UK house prices suffer fifth month of ‘subdued’ growth amid Brexit uncertainty May 1, 2019 UK house price growth remained flattened in April, as the annual price growth rate rose less than one per cent, the latest data showed today. Read more: London house prices plunge in blow to UK housing market UK house price growth remained quiet in April, as the annual price growth rate rose less than one [...]