Old Masters tops list of best-performing arty assets – but luxury prices edged down February 29, 2024 All of the gains in art prices came in the first half of the year, with values sliding significantly later on, according to AMR’s All-Art Index.
The super-rich are getting richer, again – and millennials are leading the way February 29, 2024 The number of wealthy Brits rose in 2023, more than reversing the decline reported post-pandemic in 2022. Ultra-high-net-worth individuals (UHNWIs) – classed as those with over $3m in net wealth – increased in the UK from 601,300 to 626,619 on global economic growth and easing interest rates, according to the Wealth Report by Knight Frank. “The improving interest rate [...]
Slumping profits, massive writedowns and a crumbling valuation – what’s happening with Anglo American? February 26, 2024 Anglo American is struggling from falling diamond and platium prices as well as instability in South Africa.
Taylor Swift fan? Then the V&A Museum wants to give you a job February 23, 2024 Taylor Swift superfans - aka Swifties - are being invited to apply for jobs at the V&A
Who is buying London’s mansions? 60 per cent go to wealthy buyers from four countries February 23, 2024 The super-prime market in London is booming. More mansions in the capital are being sold, for higher prices, to an increasingly international base. In 2023, sales of super-luxury new-build London apartments rose by 137 per cent to an average of £4,306 per square foot, according to Beauchamp Estates. Supply of luxury houses has also been boosted by an influx [...]
Prime London house prices back at 2014 levels as buyers shun South Kensington and Chelsea February 17, 2024 House prices in prime London were 2.5 per cent below their pre-pandemic level and down by 7.1 per cent annually.
Outlook for London tenants improves (slightly) as rents stabilise after period of rapid growth February 16, 2024 The rental market in London appears to have peaked, with price growth steady month on month, according to new government figures.
What are ‘green skills’ and does the UK need to ramp them up? January 20, 2024 The UK needs to ramp up its green skills training or risk falling behind in the green transition, according to fresh research, but there is also caution over so-called ‘green skills washing’. The rallying call was made following new research from Economist Impact and electricity company Iberdrola, which finds that a large proportion of the UK workforce is [...]
City of London backs 65 Gresham Street revamp as Elizabeth Line’s Liverpool Street hub gets office space boost January 17, 2024 The site is within walking distance of Liverpool Street station, which became the busiest station in the UK last year with over 80m passengers, boosted by the Elizabeth Line, which is now the most popular route in the capital.
Davos 2024: Who will (and won’t) be there? What’s on the agenda? And how much does it cost? January 11, 2024 The latest World Economic Forum in Davos is set to kick off this Sunday, with the great-and-the-good paying thousands, by invitation-only, to be there. But why are they all going to Switzerland, what are they looking to achieve, and can anyone go? Fear not, we have all the answers. First and foremost where and what [...]