Forget saving for a mortgage, one in ten renters still rely on food banks March 13, 2024 Around a third of social renters and half of private renters were only in poverty after their housing costs were factored in, suggesting that they were pushed into poverty by the amount they have to spend on housing.
Numa launches first UK site in Bloomsbury as London’s hotel market picks up steam March 13, 2024 The group operates as a “fully digitalised hospitality platform” according to its website. It provides hotels, serviced apartments and hostels.
Will Hunt’s tax changes push non-doms out of London? March 11, 2024 Non-doms, or non-domiciles, are people who live in the UK and pay tax on UK earnings whilst maintaining a primary home overseas.
Why the nickel market is suffering on a consumer steer away from EVs March 10, 2024 This glut of nickel has pushed the price down, Shah said, adding that prices will “remain under pressure throughout 2024.”
Will the mined diamonds industry collapse due to lab-grown gems? Some say it ‘already has’ March 9, 2024 Around 90 per cent of people choosing an engagement ring at London Diamonds in the last two years have chosen lab grown
Londoners, here’s how much your council tax will be rising in April March 9, 2024 Councils are officially able to increase their tax rates by 4.99 per cent, but those with government permission are able to increase their residents’ bills by over 5 per cent.
John Lewis sets out record investment in staff as company battles to retain staff March 6, 2024 John Lewis has announced a record investment in staff pay. The changes will result in minimum pay going up around 10 per cent to £12.89 in London and £11.55 elsewhere in the UK.
Old Masters tops list of best-performing arty assets – but luxury prices edged down February 29, 2024 All of the gains in art prices came in the first half of the year, with values sliding significantly later on, according to AMR’s All-Art Index.
The super-rich are getting richer, again – and millennials are leading the way February 29, 2024 The number of wealthy Brits rose in 2023, more than reversing the decline reported post-pandemic in 2022. Ultra-high-net-worth individuals (UHNWIs) – classed as those with over $3m in net wealth – increased in the UK from 601,300 to 626,619 on global economic growth and easing interest rates, according to the Wealth Report by Knight Frank. “The improving interest rate [...]
Slumping profits, massive writedowns and a crumbling valuation – what’s happening with Anglo American? February 26, 2024 Anglo American is struggling from falling diamond and platium prices as well as instability in South Africa.
