Karen Day
-
Ireland to add detail to housing statistics
Ireland’s Central Statistics Office is to increase the amount of information made available on property prices from next month.
-
AIG sells mortgage-insurance unit
AIG has agreed the sale of its United Guaranty Corp. mortgage-insurance business to Arch Capital for $3.4bn.
-
Severe planning delays hitting homebuilders
Targets for homebuilding are being hit by delays in the country’s planning system, according to an investigation by The Times.
-
London homes taking longer to sell despite price cuts
London homes are taking longer to sell despite sellers cutting asking prices, figures from Rightmove show.
-
Number of empty shops rises
The number of empty shops has increased, with the vacancy rate rising to 10.1% in the three months to July from 9.6% in April, the highest level since April 2015,…
-
BHS’s Oxford Street store closes
BHS’s flagship Oxford Street store has closed for the last time, one of 58 stores that will close over the next few days.
-
Supermarket sales drop below £100bn
Revenue from food sales fell by 3% in Q2, to £99bn, figures in a Profit Watch UK study by the Share Centre show.
-
RBS could move operations abroad
The Brexit vote could see the Royal Bank of Scotland move key operations to potentially Germany, Ireland or the Netherlands, its chief executive, Ross McEwan, said.
-
Short-sellers raise bets
Short-sellers are increasing their bets on a fall in the value of a range of companies, despite a rally for the stock market, according to figures compiled by Markit.
-
Major shareholders may target Sports Direct chairman at AGM
Sports Direct’s major shareholders could vote against the reappointment of its chairman at the company’s AGM.
-
Business confidence falls
Fewer companies expect to increase their staffing levels over the next three months compared to before the Brexit vote.
-
City of London office values down 6.1%
City of London office values fell by the most in seven years in July, in the wake of the vote to leave the European Union, figures from CBRE show.