Ahead of the Game: Treasury cost-cutting to hit Manchester United £2bn stadium plans August 7, 2024 Rachel Reeves could scupper Sir Jim Ratcliffe's more ambitious stadium hopes.
Sofa seller ScS: Shoppers may splurge on home makeovers instead of moving amid high mortgage rates October 11, 2022 Sofa seller ScS has suggested that some consumers may invest in home makeovers instead of opting to move house amid historically high mortgage rates. The furniture firm posted record sales growth on Tuesday morning but warned of “subdued” trading in recent weeks against a backdrop of household bills increasing. Revenue rose 8.6 per cent from [...]
A short history of leasehold, and why it’s taken so long to end the ‘feudal’ system July 20, 2024 In the King’s Speech, the Government finally outlined plans to phase the “feudal” system out of England and Wales. Here's why it took so long
Princes falls to £50m loss and makes further redundancies as potential sale looms January 16, 2024 Food giant Princes cut over 150 jobs while slipping to a loss of more than £50m despite its revenue rising by £300m, new documents have revealed.
FTSE 100 close: A stable end to a miserable week May 26, 2023 London’s FTSE 100 showed tentative signs of recovery on Friday, after a turbulent week that saw numbers from the Office for National Statistics reveal far higher levels of inflation, all but sealing further interest rate hikes. The blue-chip index started higher before settling in flat, and then closing at 7,627, up 0.74 per cent, helping [...]
Marks & Spencer pushes further into tech as high street giant extends 15-year old pact with Flooid July 18, 2022 UK high street retailer Marks & Spencer confirmed this morning it has extended its agreement with Flooid for the provision of store point-of-sale and unified commerce platform basket services for up to another five years. Flooid, formerly PCMS Group, agreed with Marks & Spencer in 2007 to supply software to run point-of-sale and self-checkouts across [...]
Meet the young professionals abandoning London – and the rental crisis December 4, 2023 A typical weekend for Jack Trimmer used to be spent in busy pubs in South West London. But they tend to look a bit different since he moved back into his parents home in Hampshire a few weeks ago.
Property guru: Truss’s energy package has helped housing market from cliff edge September 17, 2022 The Government’s action to limit the impact of energy price rises has helped pull the housing market back from the cliff-edge, a leading property association told City A.M. this morning. But the National Association of Property Buyers’ (NAPB) does stress further steps are urgently needed to ensure we don’t see a serious downturn in house [...]
Home REIT: Scandal-stricken firm extends ‘put up or shut up’ deadline for takeover April 13, 2023 Scandal-stricken social housing investor Home REIT has further delayed a ‘put up or shut up’ deadline for a takeover today as it mulls a bid from potential suitor Bluestar.
Rush to beat stamp duty rise sees UK house prices jump again October 28, 2020 The stamp duty holiday and pent-up demand have led to a stampede into the housing market, with 140,000 more buyers currently waiting to complete their property transactions than a year earlier, according to a new report. The high demand saw UK house prices jump again in September by three per cent year on year, the [...]