UK and London house prices drop again but ‘affordability still a huge barrier’
House prices fell in December with the average price of a property now costing £285k – but it’s still hard to afford a home for lots of Britons. The figure,…
House prices fell in December with the average price of a property now costing £285k – but it’s still hard to afford a home for lots of Britons. The figure,…
This week, a memorial service will be held to mark the passing of John Bridges, a long-time stalwart of the City. His daughter writes for City A.M. on a true…
Cellular agriculture investor Agronomics reported a loss of £437,924 last year, down significantly from an £18.6m profit in 2022. The Isle of Man-based venture capital firm saw its net asset…
London’s FTSE 100 rose on Wednesday morning after fresh inflation data came in unexpectedly steady, offering a glimmer of hope on near-term interest rate cuts after labour market figures spooked…
Magic circle law firm Clifford Chance has hired a new chief financial officer from professionals service firm Accenture. Daniel Burton is set to join the law firm mid-June, and will…
UK energy supermajor Shell has projected that liquefied natural gas (LNG) will replace coal as a leading driver of Chinese and other Asian economies. According to the firm’s LNG Outlook…
Airbnb is looking at expanding beyond its core services and revealed a $6bn share buyback scheme, as it reported a mixed bag of fourth quarter results. The home rental platform…
Standard Chartered is reportedly weighing a restructuring of its investment banking arm in a bid to cut costs and boost returns. The emerging markets-focused lender is considering is a break-up…
Inflation remained stuck at four per cent in January, according to new figures released on Wednesday morning, but this actually obscures the fact that price pressures are abating. Economists had…
The first monthly fall in food prices in over two years helped inflation undershoot economists’ expectations in January despite higher energy costs, new statistics show. According to figures from the…