UK house prices end 2020 on record high but growth slows January 8, 2021 UK house prices ended 2020 on a record high, but the pace of growth slowed towards the end of the year, the latest figures showed. House prices in the UK were 0.2 per cent higher in December than the previous month, reaching an average value of £253,374. On an annual basis, property prices jumped six [...]
New rules announced to help UK mortgage prisoners October 28, 2019 The City watchdog has removed barriers to help trapped mortgage customers switch to a better deal. The Financial Conduct Authority (FCA) today confirmed the introduction of new rules to help so-called mortgage prisoners, which are consumers who would benefit from switching but are unable to change to a more affordable mortgage despite being up-to-date with [...]
Drinking around the world: Tasmania is a winemaker to watch May 5, 2021 You have probably never considered stocking up on wine from either Swansea or St Helens. Both are on Tasmania’s Great Eastern Wine Trail, one of four in Australia’s island state. Tassie, the “Apple Isle”, is also home to the Tamar Valley wine road, the East Coast route and the Cradle Coast region, which boasts Ghost [...]
Sajid Javid quashes stamp duty speculation August 19, 2019 Chancellor Sajid Javid has moved to quash speculation he may be about to shift stamp duty from buyers to sellers. During an interview with The Times, Javid had appeared to float the idea ahead of his first Budget. When asked about changing who pays stamp duty to save first-time buyers paying any tax, he said: [...]
How are cryptocurrencies coping this weekend? May 22, 2021 A snapshot of how one of the most feared and anticipated weekends in cryptocurrency history is shaping up so far.
EU opens up to US clearing houses in blow to City of London January 27, 2021 Brussels will allow US clearing houses operate throughout the EU in what could be a blow to the City of London’s largest clearing agencies. The European Commission announced today that it had decided that the US’ financial regulator’s rules was equivalent to the EU’s around clearing houses. This means the EU will now allow Wall [...]
What are reservation agreements, and could they really stop gazumping? October 25, 2019 A sale falling out of bed at the eleventh hour is one of the biggest bugbears for those wanting to move home. But the government has now proposed a solution in the form of ‘reservation agreements’, which it now plans to trial early next year. Under this system, which is common in Europe, both buyers [...]
Five steps to successfully turn around a distressed company August 26, 2020 In this series, you’ll learn how to best execute turnarounds. Find out what steps to take with a distressed company to facilitate a successful transaction. In this new series, Intralinks has partnered with Yoav M. Cohen, managing partner and CEO of NYC Advisors, LLC, to learn more about how to best execute turnarounds. In the first [...]
Debenhams closure: Timeline of department store chain’s collapse December 1, 2020 Department street chain Debenhams announced this morning that it is preparing to close down after failing to attract a buyer, but the former high street giant’s problems stretch back over several years. Earlier this year the struggling retailer entered administration for the second time in 12 months, even before Covid-19 forced it to close its [...]
UK housing transactions slump in January as lockdown implemented February 23, 2021 UK housing transactions slumped last month due to the impact of national lockdown restrictions, according to the latest figures. HM Revenue and Customs data showed the provisional seasonally adjusted estimate of UK residential transactions in January was 121,640, a drop of 2.4 per cent compared to the previous month. The month-on-month drop is a typical [...]