Sport is guilty of shutting its eyes to Russia’s geopolitical ambitions February 27, 2022 Roman Abramovich’s near 20-year ownership of Premier League club Chelsea has been shrouded in mystery and therefore subject to constant scrutiny and speculation. Indeed, until the weekend, it remained unclear why he is there and what he is seeking to achieve. The oligarch has denied having direct links with Vladimir Putin but has been seen [...]
London house prices hit record highs due to impact of stamp duty holiday January 20, 2021 London house prices jumped at the end of last year, with average values breaking the £500,000 threshold for the first time. Average house prices in London rose four per cent between October and November last year, according to the latest official data. The annual price rise of 9.7 per cent took the average property value [...]
Countryside reports profit jump as CEO announces exit November 21, 2019 UK housebuilder Countryside Properties reported a jump in profits as it announced chief executive Ian Sutcliffe is set to step down next year. The figures The developer said profit for the year ended 30 September was £168.4m, up from £148.6m the previous year. Read more: Poll: UK house prices won’t match low inflation until 2021 [...]
How long can Russia withstand the sanctions? April 12, 2022 In response to its invasion of Ukraine, Russia has been targeted with severe economic sanctions. How impactful will they be? We have yet to see a serious, data-driven analysis. Some predict the embargo will initiate a Russian financial collapse very quickly, while others expect it will constitute more of a long and slow drag on [...]
Covid has led to classic auction boom says Car and Classic CEO Tom Wood December 21, 2020 We speak with Tom Wood, CEO of Car & Classic, about how the market has changed – and which cars have rocketed in value.
New builds: Homes on the market this week including apartments in White City and Walthamstow August 9, 2019 White City Living, White City This Saturday, Berkeley’s St James division will launch the first show apartment at White City Living in West London. The apartment has been designed around the principles of Feng Shui by Jigsaw Interior Architecture. There are 1,800 new homes being built at the development, which sits next to the BBC [...]
UK house prices grow at slowest rate for six years October 7, 2019 UK house prices grew at their slowest annual rate in six years in September, a closely-watched gauge has revealed, as Brexit uncertainty continues to smother activity in the sector. Read more: UK house prices: Brexit holds back September growth House prices grew by just 1.1 per cent over the last year, undershooting economists’ expectations of [...]
Londoners ‘disgusted’ by fashion industry abuses but lack money to shop ethically August 19, 2021 London consumers feel strong negative emotions about fashion industry exploitation, and that they want the industry cleaned up so they can enjoy shopping without guilt. More than two-thirds (68 per cent) of Brits taking part in a new survey that was shared with City A.M. felt either ‘disgusted’ ‘sad’ or ‘angry’ about the fact that [...]
Weaker economic backdrop presents fresh headaches for Fed July 28, 2021 Today’s Federal Open Market Committee announcements come amid mounting concerns that the rapid rise in Covid cases could dampen the global economic recovery. This backdrop presents a different set of problems for Fed Chair Jerome Powell to when he last spoke in June. Recovery prospects are still good, but have tempered. Investors around the world [...]
Q&A: why are so many investors still ignoring the UK stock market? October 27, 2021 Q: Are UK shares cheap because they’re “old economy” businesses in the banking, oil and tobacco sectors? Bill Casey: When we speak to management teams of UK-listed businesses, many are pulling their hair out, complaining their shares are lowly “rated” compared to US and European-listed peers. They run good quality businesses which we don’t think have [...]