A short history leasehold, and why it’s taken so long to end the ‘feudal’ system Housing 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
‘Critical growth hub’: Hedge funds drive demand for office space in London property Over $13.1 trillion (£10.4 trillion) in assets are managed in London, and the capital has remained the world's second-largest centre for hedge funds and private equity firms globally after New York.
Amazon Prime Day sales reach record high thanks to discount-hungry shoppers Retail Amazon Prime Day hit record heights thanks to discount-hungry shoppers as sales passed £14.2bn during the two-day shopping event, according to new figures.
Consumer confidence hit highest level in three years July 19, 2024 Consumer confidence has risen to its highest level in three years in a tentative sign that the economy is leaving the cost-of-living crisis behind, new data from Deloitte shows. In its latest quarterly Consumer Tracker survey, Deloitte found that sentiment grew by 6.8 per cent year on year, boosted by a significant improvement in sentiment [...]
Mr Kipling still a winner for Premier Foods as sales rise but outlook unchanged July 18, 2024 Sales of Mr Kipling and Asian meal kit The Spice Tailor boosted the company's branded sales by 7.3 per cent, to £213.8m from £199.3m last year.
Artisanal Spirits: Whisky specialist reports strong growth despite China slowdown July 18, 2024 The Edinburgh-based brand reported that earnings before interest, tax, amortization and depreciation (EBITDA) increased by £1m year on year.
UK Amazon workers lose union recognition fight by just 29 votes July 17, 2024 It would have been the first time the company recognised a trade union in the UK. More than 3,000 staff took part in the vote.
King’s Speech: Labour to phase out leasehold system July 17, 2024 Labour will ban the sale of leasehold flats and attempt to replace the system with commonhold, according to plans unveiled in the King's Speech today.
King’s Speech: From no-fault evictions to having a pet, here’s what Labour’s Renters’ Reform Bill will do July 17, 2024 Labour’s Renters’ Reform Bill will introduce significant changes to rented housing in England and Wales, including on no-fault evictions and having a pet. Legislation will be introduced “to give greater rights and protections to people renting their homes”, including “ending no-fault evictions and reforming grounds for possession”, King Charles said. The bill started life under [...]
Adidas: Spain’s Euro 2024 sponsor raises guidance again as profit booms 45 per cent July 17, 2024 Operating profits almost doubled in the second quarter of the year, from £147m to £346m, up by 45 per cent.