David Callaghan
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Fewer auction lots sold
The auctions market has reported a second consecutive month of falling figures for lots sold and total raised compared with last year
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High street suffers further woes
High street sales remained flat for the fourth month in a row during March.
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Chappell ordered to help BHS inquiry
Former BHS owner Dominic Chappell has been told to help the Insolvency Service with its inquiry into the retailer’s collapse.
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House price surge prompts legal challenges to wills
More wills are being challenged as their value increases with the big rises in house prices.
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Co-op says bank is worthless
The Co-operative Group offered a zero valuation for its stake in the Co-op Bank after reporting a £132m pre-tax loss.
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Mothercare raises prices as pound falls
Retailer Mothercare said it will increase prices on some products by 3-5% as the fall in the value of sterling takes effect.
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Brighthouse ‘likely to get credit licence’
Rent-to-own retailer Brighthouse said it is likely to receive authorisation from the Financial Conduct Authority after proving it treats customers fairly.
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Auctions need to sharpen prices
Keener pricing is needed for both higher value assets and poorer quality auction lots, according to Allsop partner Gary Murphy.
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Allsop success rate drops to below 70% at resi auction
Allsop’s success rate dropped just below 70% at its latest residential auction, which raised £52.4m
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Acuitus sale achieves 86% success
Acuitus achieved a success rate of 86% with 16 lots selling for more than £1m at its latest sale
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Savills sale raises £37.9m
Six lots were sold for more than £1m at Savills auction yesterday, 29 March.
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Strettons raise £6.7m at auction
Strettons raised £6.7m with a success rate of 85% from its second auction of the year, held on Monday 27 March.