This year, there’s potential for businesses to find value in times of economic uncertainty January 5, 2023 “Uncertainty is bad for business” is a truism accepted by all economists. But whilst it applies across an entire economic system, it doesn’t need to apply to you in 2023. You can simultaneously agree that the year ahead feels horribly uncertain while also thriving. The Collins English Dictionary recently named “permacrisis” as the “word of [...]
What’s in a year? Hopefully one without a new prime minister or an election January 3, 2023 Without making myself a hostage to fortune, I predict 2023 will be a year without as much political turmoil even as inflation causes havoc.
House prices: First-time buyers fell last year – and crash may not be as drastic as predicted January 3, 2023 A predicted fall in house prices may do little to change the prospects for first-time buyers in London The number of first-time buyers is estimated to have fallen by around nine per cent in 2022, according to analysis by a building society. Across the UK, the number of people taking their first step onto the [...]
London house prices: How bad will the crash be in the 2023 recession? January 1, 2023 London house prices are expected to fall this year as interest rates rise and the recession bites – but will it be a small slide or a full-blown crash? Property experts are torn A housing market cooldown is expected in 2023 but prices will remain higher than before the coronavirus pandemic started, experts have suggested. [...]
Best of 2022: Claressa Shields v Savannah Marshall and the rise of women’s boxing December 30, 2022 Women’s boxing enjoyed unprecedented prominence in 2022, not least when Britain’s Savannah Marshall and American Claressa Shields met in a blockbuster fight at the O2. This preview, originally published in October, set the scene for the biggest night of women’s boxing ever seen in the UK. The last time Savannah Marshall and Claressa Shields met [...]
House price growth falls for fourth consecutive month, worst run since 2008 December 30, 2022 House prices have plummeted for the fourth consecutive month by 2.8 per cent in December, the worst run since the financial crisis of 2008. Nationwide’s latest House Price Index shows this month proved to be another sharp slow down in growth down from 4.4 per cent in November. House prices fell by 0.1 per cent [...]
EXCL – Why Private Equity’s appetite for aggressive takeovers will only increase in 2023 December 29, 2022 It’s no surprise that economic turmoil often drives consolidation. Companies may be struggling to survive and looking to M&A as a way to drive value. Not to mention the current weak pound that makes UK-based businesses, especially those with a global footprint, more attractive to overseas buyers. City experts don’t expect that to change in [...]
‘Bank of mum and dad’ to return in fight against mortgage and rent double whammy December 27, 2022 The “bank of mum and dad” may be called upon for more help in the new year, as aspiring first-time buyers deal with a double whammy of higher mortgage rates and surging rental costs while they try to save. But for those buyers who are able to make the jump onto the property ladder next [...]
Gove backs new design school to challenge ‘indifferent and insipid’ town planning December 27, 2022 Michael Gove has said new housing developments are let down by “indifferent or insipid” town planning, as he calls for a new school for designing. The Levelling Up Secretary made his comments in a foreword for the conservative think tank Policy Exchange, in which he bemoaned modern architecture, saying “all too frequently in Britain the [...]
End of the exodus? Number leaving London begins to fall December 26, 2022 Moves away from London appear to have passed a peak, with estimates suggesting around 20,000 fewer properties being bought outside the capital this year than in 2021. In a year which has seen strong house price growth outside London, just over a quarter (26%) of “London leavers” in 2022 bought properties with at least four bedrooms, down from 30% [...]