Average selling prices down 9% to £342, 900 and reservations from new mortgage holders down almost half
Markets are pricing in an interest rate peak of 6.5%, probably early next year
Shareholders put in another £750 million to heavily indebted company
Moves to make it easier for companies to raise money in London are expected tonight
The average cost of a London house is £517,000, down over 4% in June
Signs are that bigger homes mean the super-rich are using the capital as their primary residence
City voices: Too much of that capital is flowing off elsewhere these days
“We remain happy where we are,” its CEO Brendan Horgan tells The Standard
City Comment: Even two swallows do not make a summer
Assets under management up £2 billion, driven by UK investors despite ‘mini-Budget crisis’ in September
Drop in investment demand comes even as demand for retail and warehouse space recovers
Last Ford Fiesta to roll off the production line this month ahead of switch to electric vehicles
City Comment: London’s hegemony is still unchallenged — for now
The takeover represents a discount to the earlier £40.70 a share offer EQT made in April
Core inflation rose to its highest level in 30 years
Michael O’Leary on course for €100 million payout as shares take off
Alphawave’s shares have been suspended since the end of April
Electricity newtork’s CEO tells The Standard that this winter’s measures to cut demand were a ‘glimpse of the future’
London at the forefront as new research points to pent-up demand in a tight labour market
Moves off market show London is innovating, not dying
City Comment: Mobico sounds like a toy brand, but it’s probably here to stay
Capita was hit by a ransomware attack in late March
World’s biggest contract caterer backs London listing as it shifts its reporting currency to dollars
All eyes on Threadneedle Street at noon on Thursday as thousands of mortgages and loans track the base rate
The insurance group calling for a split found few allies willing to join its side on the vote
IAG says it is “ready to deliver” for customers during the summer travel season
Bentley made the state limousine that is likely to bring King Charles III around London over the Coronation weekend
Anglo-Dutch oil major to return £3.2 billion to investors
Shareholders representing 58% of voting shares rejected the policy
Shares in the FTSE 100 oil major fall as rate of share buybacks also eases
Some jobs could be lost in the deal, but Deutsche said these losses are “not expected to be material”.
