Hundreds of thousands of homeowners are facing a fresh mortgage squeeze as higher borrowing costs linked to the Iran conflict threaten to add more than £3,000 a year to household
Housebuilders Slide as UK Property Prices Post Sharpest Drop in Two Years
Property developers came under pressure on the London stock market following the steepest fall in UK house prices in over two years, deepening concerns about the outlook for the housing
Nissan anticipates losses of $5 billion following tariff impacts.
Nissan has predicted a loss between $4.9 billion and $5.3 billion (£3.7bn-£4bn) for the year, primarily due to the impact of Donald Trump’s tariffs.
Mortgage approvals reach highest level in over two years
Mortgage rates eased this week, with Barclays PLC (LON: BARC) among the lenders lowering interest rates in response to declining swap rates.
House prices reach record high ahead of anticipated interest rate cuts
According to the Halifax house price index, the average home value rose to £293,999 in October, surpassing the previous peak of £293,507 set in June 2022.
Thames Water bonds downgraded to junk status over collapse concerns
Thames Water’s key bond has been downgraded to junk status due to concerns over its ability to avoid collapse.
Harland & Wolff – Management Response to Financial Times Article
Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, provides the following statement in relation to an article published on
Thames Water placed under special measures as bills increase by 22%
Thames Water has been placed under special measures by the water regulator Ofwat as the struggling company fights for survival. Britain’s largest water provider, serving 16 million people in London
Harland & Wolff (AIM:HARL) Unaudited Preliminary Results and Temporary Suspension
Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, releases its unaudited financial results for the financial year ended 31 December
Thames Water lender races to offload £600m of loans
A significant lender to Thames Water has initiated a rapid sell-off of up to £600 million in debt amidst the looming general election, casting fresh uncertainty on the future of
Xi Jinping moves quickly to rejuvenate the Chinese real estate sector
China has unveiled a series of initiatives to revitalise its struggling property market following the sharpest decline in house prices in a decade.
Thames Water’s biggest shareholder steps down from board
The primary investor in Thames Water, Omers Infrastructure, has removed its representative from the board as the utility continues to struggle with a significant £18bn debt.