UK housing activity picked up in March as borrowers rushed to secure deals ahead of potential interest rate increases linked to rising energy costs.
Rightmove shares tumble 15% as investors balk at AI investment plans
Rightmove plc shares slumped more than 15% in early London trading after the UK’s largest online property portal announced plans to step up investment in artificial intelligence (AI) and rebuild
UK House Prices Climb for Third Straight Month
House prices climbed for the third month in a row in August as easing mortgage rates and continued wage growth helped support demand in the property market.
The Great Housing Squeeze: Prices Slip as Reeves Targets Tax
House prices stumbled last month, slipping when they were expected to climb, just as Chancellor Rachel Reeves sharpens her pencil over a potential tax raid on Britain’s wealthiest homeowners.
Santander has agreed to acquire TSB in a £2.6 billion deal.
Santander to Acquire TSB in £2.6bn Deal, Cementing UK Commitment
UK property values hit a record high amid the Bank of England’s rate cut.
New industry data reveals that house prices surged to a record high just one day after the Bank of England reduced interest rates and hinted at more cuts on the
HSBC is discontinuing its global payments application, Zing.
HSBC is set to discontinue its global payments application, Zing, just one year after its launch. This could potentially put around 400 jobs at risk as the multinational bank continues
UK house prices decline for the first time since March, according to Halifax
A key survey revealed that house prices declined for the first time in nine months as many prospective buyers grappled with mortgage affordability amid rising interest rates.
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.
Murdoch’s REA withdraws from the race to acquire Rightmove.
Rupert Murdoch’s online property group, REA, which is owned by News Corp, has officially withdrawn from attempting to acquire Rightmove, citing a “lack of meaningful engagement” from the company’s board.
Rightmove Plc – Statement re Rejection of possible offer following engagement with REA
Rightmove PLC (LON: RMV) has decisively turned down a fourth acquisition proposal from Rupert Murdoch’s REA Group. It also declined requests to allow access to its financial records and to
Murdoch makes a final £6.2 billion bid for Rightmove.
Rupert Murdoch’s Australian property business has made a final takeover bid for Rightmove, intensifying its criticism of the board’s unwillingness to engage.