David Callaghan
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Countrywide creates new property fund
Britain’s largest property services group, Countrywide, has joined up with Hermes Investment Management to create a new residential property fund.
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Scots rush to beat new stamp duty rates
People owning property at the more expensive end of the market in Scotland are trying to make sales before new taxes are introduced in April.
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Ombudsman warns that equity release is risky
The Financial Ombudsman Service said that equity release schemes can carry risks for vulnerable older people.
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Nationwide offers lowest ever fixed rate
Nationwide Building Society has launched its lowest ever fixed rate mortgage of 1.84% for new customers.
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Spirit rejects bid from Irish group
Spirit Pubs’ board has rejected a £730m bid from Dublin-based C&C Group, which produces Bulmers and Magners cider and Tennent’s lager.
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Banks close branches and switch to digital
The major high street banks are closing branches and cutting staff to save money.
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Luxury London home market suffers fall
Sales of homes in prime London locations fell by a third in the third quarter this year.
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Housebuilding up across country
The rest of the country outside London is seeing rising levels of housebuilding activity.
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Metro Bank attracts small business clients
Metro Bank, the challenger bank which launched in 2010, said 60% of its deposits came from business customers.
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Spirit to expand pub empire
Spirit Pub Company has set aside £75m to expand its estate after approving a merger with Greene King.
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Lloyds to cut 9,000 jobs and close branches
Lloyds Banking Group is planning to shed about 9,000 jobs and close hundreds of branches.
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Homebase to close 80 stores
DIY retailer Homebase plans to close 80 stores, a quarter of the total, by 2018.