Karen Day
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Cash buyers behind sales rise prior to stamp duty changes
Extra sales prior to the introduction of changes to stamp duty in April far exceeded the shortfall afterwards, an analysis of housing market data by Savills shows.
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BoE cuts rates
The Bank of England cut its key interest rate to a new record low of 0.25% and signalled that the rate could fall to 0.1% by Christmas.
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Hammond under pressure on taxes
Chancellor of the exchequer Philip Hammond is coming under increasing pressure to cut taxes and bring forward a major investment spending programme.
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Aviva looking to invest in UK infrastructure
Aviva is looking to add to its investments in UK infrastructure.
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LSE to keep London HQ after merger
The London Stock Exchange will retain its London HQ following its merger with Deutsche Börse.
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Ladbrokes’ profit jumps
Ladbrokes reported a 61% jump in pretax profit in the six months to June.
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Prime central London house prices fall
Prime central London house prices fell by 1.5% on the year in July, figures from Knight Frank show.
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London affordable housing definition to be toughened
Planning guidance due to be issued by London mayor Sadiq Khan this autumn will include a tougher definition of affordable housing.
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London mayor questions Olympics legacy
London’s mayor, Sadiq Khan, has questioned the legacy of the 2012 London Olympics in terms of the impact for affordable housing.
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BoE rate cut expected
The Bank of England is expected to cut its main interest rate today.
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Tallest moving observation tower opens in Brighton
The world’s thinnest tall building and tallest moving observation tower is set to open in Brighton today.
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Berkeley head’s £21.5m pay package
Berkeley Group’s founder and chairman, Tony Pidgley, received a pay package of £21.5m last year.