Scotland’s prime property market leaps as buyers race to avoid stamp duty increase February 23, 2015 The number of upmarket homes being sold in Scotland jumped 88 per cent between the second quarter and the fourth quarter of last year, and more than double the figure for the first three months of the year, as buyers raced to avoid a hike in transaction costs due to take place later this year. [...]
April Fools’ Day? Norfolk gives a broad hint on Nelson’s Column March 31, 2015 The Capitalist inbox has been swamped by a spate of press releases that can only be described as weird. Take, for instance, a plan to relocate Nelson’s Column from Trafalgar Square to the North Norfolk coast in time for the 210th anniversary of the death of the region’s most famous son. Visit North Norfolk says [...]
Maximum excitement on Liverpool v Man United March 19, 2015 FOR MANY Liverpool versus Manchester United remains the biggest game in English football and it’s a clash that frequently entertains. However, the Reds’ new-found defensive strength, combined with United’s strikers misfiring for much of the campaign, could mean this is a match that will lack goalmouth action. In the last four meetings only one side [...]
A vision for the future of King’s Cross: Show apartment is unveiled at The Plimsoll Building April 23, 2015 King’s Cross is one of the largest and most exciting regenerations currently underway in London, and visitors got their first taste of what it would be like to live in one of its apartments last week. The interior-designed show flat at The Plimsoll Building was unveiled on the site next to Regent’s Canal and [...]
How to save up for a house deposit September 9, 2014 With property prices surging in recent years – by 19.3 per cent in London in the 12 months to June, according to ONS data – the amount needed for a house deposit has shot up. The latest figures from LSL Property Services show that the average first-time buyer put down just over £30,000 for a [...]
Number of first time buyers up by 45 per cent September 5, 2013 THE NUMBER of first time buyers has swelled as the housing market begins to rebound, with LSL Property Services suggesting a 45 per cent increase in the 12 months to July. There were 26,100 people buying homes for the first time in July, up by over 8,000 through the year, with LSL’s figures suggesting that [...]
Chinese boom fuels jump in global deals March 29, 2015 A wave of mergers and acquisitions (M&A) is on the way this year, driving a hiring boom in the City and shaking up industries across the globe. A combination of ultra-low interest rates and increasing confidence in the economy has encouraged firms to buy up rivals. And firms which see little room for organic growth [...]
Bank of England minutes: Policymakers vote 9-0 to keep rates on hold May 20, 2015 Minutes from the Bank of England's May meeting have shown little change, with the monetary policy committee again voting 9-0 to keep interest rates at 0.5 per cent. Two members felt the decision was "finely balanced", implying they're thinking about reversing their vote. All members agreed interest rates "were more likely than not" to rise over the [...]
UK house prices at record high as growth slows amid General Election uncertainty April 16, 2015 The average price of a property across England and Wales was at a new record last month, despite March seeing the smallest annual change in house prices since November 2013. A house now costs on average of £275,123. This is a 5.6 per cent annual rise, equating to £14,620. However, in London and the south [...]
Car review: BMW’s futuristic new 7 Series lets you talk to your car using hand signals June 22, 2015 From city traders to third-world dictators, the Mercedes S-class has traditionally been the default limo of choice. BMW’s 7 Series won fans among those who prefer to drive than be driven, but it could never match the S-class for all-round appeal. The new 7 Series, though, could take the lustre off Mercedes’ three-pointed star. [...]