Ocado June 20, 2010 THE former Goldman bankers behind Ocado certainly have chutzpah. Trying to reach a £1bn valuation in a flotation is a tall order for pretty much any firm in these times; to do so without having turned a single penny of profit is nothing short of brazen. Ocado’s product is top-drawer in many respects, there’s no [...]
Cotswolds classics are always in demand July 1, 2010 PICTURE the idyllic country home and the chances are you’ll conjure up some quaint, mullioned stone cottage in the Cotswolds. Far beyond a fad, the Cotswolds are home to what many consider England’s most appealing rural villages. They ooze a well-heeled ambiance but provide countryside and an equestrian community that is second to none, all [...]
House price gains set to be wiped out July 18, 2010 ALL the gains seen in property prices over the past six months will be wiped out by the end of the year, thanks to more aggressive pricing and an increase in the number of houses coming on to the market, property website Rightmove will say today. The forecast forms part of its monthly survey of [...]
House price gains set to be wiped out July 18, 2010 ALL the gains seen in property prices over the past six months will be wiped out by the end of the year, thanks to more aggressive pricing and an increase in the number of houses coming on to the market, property website Rightmove will say today. The forecast forms part of its monthly survey of [...]
Use technicals to chart your course through jumpy markets August 30, 2010 WHEN nervous markets are jumping upon every single piece of economic data as an excuse to swing one way or the other, it can be extremely difficult for contracts for difference (CFDs) traders to concentrate on analysing the market movement. But while traders should certainly not ignore the fundamentals, a blizzard of figures can hinder [...]
American house sales jump to a five month high on the back of tax credit May 24, 2010 AMERICANS rushed to benefit from a tax credit for first-time homeowners during April, pushing house sales up 7.6 per cent. The five-month high is due in part to an $8,000 (£5,540) offer of government-funded credit for new homeowners, which expired on 30 April. The increase in sales was the highest jump in a decade and [...]
American house sales jump to a five month high on the back of tax credit May 24, 2010 AMERICANS rushed to benefit from a tax credit for first-time homeowners during April, pushing house sales up 7.6 per cent. The five-month high is due in part to an $8,000 (£5,540) offer of government-funded credit for new homeowners, which expired on 30 April. The increase in sales was the highest jump in a decade and [...]
Get more bang for your buck in green, spacious Hackney June 17, 2010 THERE aren’t many areas of London where less than a million pounds can get you an original Victorian house with four bedrooms, close access to three parks, independent shops and a commute under 20 minutes. In London Fields, however, the asking price for such a lifestyle is often no more than £800,000. Despite its trendy [...]
The ascent of prime London’s new hotspot July 15, 2010 FITZROVIA, the area around the BT Tower, bordered by Oxford Street, Tottenham Court Road, Great Portland Street and Euston Road, should be Londoners’ idea of property heaven. The West End is on your doorstep, as is Regent’s Park. The ever-more exciting restaurant and bar scene of Goodge and Charlotte Streets, and the more established prettiness [...]
Banks publish data for dark pool trading May 24, 2010 SIX big investment banks have published trading volumes for their “dark pools” for the first time, showing them as a tiny fraction of the market, not the major hidden rivals to stock exchanges that some argue. Citi, Credit Suisse, Deutsche Bank, JP Morgan Cazenove, Morgan Stanley and UBS together executed €596m (£512m) of equity trades [...]