Alphawave inks £215m deal for Israeli processing chip developer October 13, 2022 Connectivity infrastructure company Alphawave has inked a $240m (£215m) deal for an Israeli processing chip developer, which makes semiconductors powerful enough to help data centres run. The deal for Bainas Labs strengthens Alphawave’s silicon products in its digital signal processing division, the company said in a statement this morning, as it looks to double down [...]
Sotheby’s rakes in $100m from NFT sales in 2021 December 16, 2021 Entering the NFT game has paid off big time for auction house Sotheby’s which raised almost $100m through sales in 2021. The almost 300-year-old art institution raised a total of $7.3bn from art sales this year with the total boosted by the meteoric rise of NFTs. Sotheby’s launched an in-house Metaverse platform, an NFT marketplace, [...]
London house sales drop over political uncertainty, according to Rightmove data December 17, 2018 Londoners are hesitant to sell their homes due to political uncertainty, according to new research. The number of properties that were brought to market this month was down 19 per cent on the same period last year, leading to a smaller than usual December price drop of 1.8 per cent. Inner London home owners were [...]
Week ahead: City eyes housing stats and BoE governor Bailey remarks June 26, 2022 The UK’s red hot housing market is set to revert to more normal territory driven by the cost of living crunch chilling demand for homes, fresh data released this week that will be closely watched by the City. London’s premier FTSE 100 index has rebounded after suffering bruising losses of late caused by investors around [...]
Remortgage sales hit highest level since before the pandemic outnumbering all other types of home loans June 29, 2022 The FCA’s latest data shows that remortgage sales in the fourth quarter of last year, at 92,558, reached their highest level of activity since early 2020, before the outbreak of the pandemic. In fact, they outnumbered all other types of home loans for the first time since the third quarter of 2020, according to analysis [...]
More than a quarter of a million people visit new Battersea Power Station in opening weekend October 19, 2022 Over a quarter of a million people visited the new Battersea Power Station last weekend, providing a much-needed boost to the new South London hotspot. Nearly forty years after the lights were switched off in one of London’s most defining landmarks and following an eight-year restoration project, visitors were able to enjoy the first of its [...]
Could living in the City of London become popular? May 20, 2023 The race is heating up for the smartest City of London living – Adam Bloodworth looks at the competition Crypts, former gladiatorial jousting grounds, dozens of gorgeous old pubs and even more shiny glass buildings: the City of London is an under-visited district rich with cultural things to do. We should frankly all spend more [...]
Flee the UK and buy one of these gorgeous Caribbean properties December 20, 2022 Sick of the cold and wet? Why not flee to warmer shores – you can snap up some veritable Caribbean properties for the cost of a two-bed flat in Leyton With the temperature predicted to fall as low as minus six this week, you can add freezing weather to the seemingly endless list of things [...]
Helping you onto the ladder in London September 4, 2024 Getting onto the property ladder is a key goal for many of us, but the financial demands associated with buying a property, especially in London, can be daunting for aspiring home hunters. At Sovereign Network Group, we appreciate the obstacles faced by those starting their journey and have seen the value that the Shared Ownership [...]
Wincanton slipped into the red before London deslisting by US logistics giant July 8, 2024 Wincanton slipped into the red for the first time in more than 20 years in the year leading up to it being taken private by the logistics giant GXO.