Live Industry News

Garrington receives live news articles from quality and trusted media sources regarding property, economic and private wealth matters which may be of interest to our clients. Please click one of the links below to be diverted to an article of interest.

Property

  • Lodha homes in on London property2014-09-21

    Family-run Indian group plans aggressive $5bn investment drive aiming to become one of London’s top two developers within five years

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  • Cyprus businessman Aristodemou arrested2014-09-19

    The island’s leading property developer and former chairman of its largest bank is being held on conspiracy, fraud and forgery charges

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  • Aberdeen chief’s alert over Scotland pledge2014-09-19

    Gilbert says main concern is Westminster will not honour commitments and called for scaremongering to be replaced with pragmatism and unity

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  • Property finance in the crowd2014-09-19

    As the sector grows, so do warnings of the risks

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  • Emaar Malls: retail therapy2014-09-19

    The owner of Dubai’s biggest shopping mall is to list, offering investors an unrivalled mix of real estate, luxury retail and middle eastern wealth

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  • Expat lives: English yacht enthusiast in Monaco2014-09-19

    English entrepreneur and sailing enthusiast Charlie Birkett talks about his uncertain start as a young boat hand

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  • No vote set to reawaken property market2014-09-19

    Industry insiders predict flurry of Scottish dealmaking in the aftermath of the country voting No to independence

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  • Tax changes hit wealthy foreign homebuyers2014-09-18

    Since early August, non-doms must pay tax of up to 45% when they use overseas assets as collateral to finance purchases in Britain

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  • Housing market drives mortgage lending2014-09-18

    Banks and other lenders put £18.6bn of new money into the housing market last month, up 13 per cent on last year and the highest August figure for six years, according to the CML

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  • Gangnam plot sold in record Korean deal2014-09-18

    Hyundai shares fall after it outbids Samsung to pay $10bn, three times the appraised value, for the state-run utility group Kepco’s Seoul headquarters

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  • Canary Wharf mall boosts Songbird2014-09-18

    Value of property portfolio rises 8.4% in first half to £6.3bn, while extension of Jubilee Place shopping centre results in a 13% rise in footfall

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  • Wells Fargo eases lending requirements2014-09-17

    Bank will require less detail from borrowers applying for mortgages with down payments of 25 per cent of the value of the property or less

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  • Wanda Commercial seeks Hong Kong listing2014-09-16

    Proposed float of one of China’s largest property companies may raise up to $3bn to finance further development projects on the mainland

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  • UK inflation falls to 1.5% in August2014-09-16

    Britain’s inflation rate falls further below Bank of England’s 2% target, easing pressure on the central bank to raise interest rates from record lows

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  • UK house prices jump 11.7% in year to July2014-09-16

    ONS reports largest annual increase in seven years, which will maintain pressure on the government and the Bank of England to act to contain house price inflation

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BBC News – Your Money

  • Rents 'rising faster than inflation'2014-09-19

    The cost of renting a home in England and Wales rose faster than inflation in the year to August, climbing 2.4%, according to a survey.

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  • Shares rise in London on 'No' vote2014-09-19

    Shares rise in London after Scotland rejects independence, as a rally in the pound fades.

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  • 'No' vote to alter tax and benefits2014-09-19

    How 'No' vote will alter Scottish tax and benefits

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  • Airlines' luggage surcharges 'legal'2014-09-18

    Airlines are within their rights to charge a supplement to customers checking-in their luggage, a court rules.

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  • Six convicted of 'pyramid scheme'2014-09-18

    Six women are convicted of operating a "pyramid" scheme in south-west England and south Wales, in which thousands of investors lost money.

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  • Mortgage appetite 'starting to wane'2014-09-18

    Borrowers' appetite for home loans is "starting to wane" despite an annual rise in mortgage lending, a lenders' group says.

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  • Clash over car tax disc changes2014-09-18

    Motorist organisation, the RAC, and the DVLA have clashed over the policing of car tax with claims of increased evasion amid changes to the system.

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  • UK retail sales rise in August2014-09-18

    UK retail sales rose by 0.4% in August compared with the previous month, with sales volumes up 3.9% from a year earlier, official figures show.

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  • Glimpse at the High Street 20202014-09-17

    How will we shop in 2020?

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  • UK unemployment falls to 2.02m2014-09-17

    Unemployment fell by 146,000 to 2.02 million in the three months to the end of July, while the number claiming Jobseeker's Allowance has dipped below one million.

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  • Bank 'tops customer service ratings'2014-09-16

    Online bank First Direct has topped a customer service league compiled by consumer group Which?, with Npower ranked bottom.

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  • 'Thousands lie' on motor cover forms2014-09-16

    A total of 180,675 fraudulent applications for motor insurance were detected by the industry last year, a trade body says.

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  • Southern Water £166m sewage penalty2014-09-16

    A water company could face a levy totalling £166m imposed by the water regulator for failings in customer services and managing sewerage systems.

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  • Six regions hit new house price peak2014-09-16

    Six regions of the UK now have average house prices higher than their pre-financial crisis peak after values rose again in July, official figures show.

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  • Contactless payments arrive for Tube2014-09-15

    Contactless bank cards are being introduced on London's Tube, DLR and Overground trains from Tuesday.

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