(Bloomberg) — Australian real estate listing provider REA Group Ltd. presented a £5.6 billion ($7.3 billion) takeover proposal for Rightmove Plc that was rejected by the UK’s biggest property portal by market value. REA, part of media mogul Rupert Murdoch’s empire, made a preliminary cash-and-stock proposal valued at 705 pence …
Read More »FTSE 100 Index Promotes Centrica, Unite in Latest Shuffle
By Joe Hoppe ITV PLC and Royal Mail PLC are set to drop out of the FTSE 100 index in the quarterly reshuffle and Centrica PLC, which owns British Gas, and Unite Group PLC, the student accommodation provider, are set to be promoted from the midcap FTSE 250 to London’s …
Read More »Lover, the ‘world’s most romantic village’ preps for Valentine’s Day
Love is always in the air in the tenderly titled town of Lover. A small community in South West England’s Wiltshire county, the village’s name is actually pronounced like “low-ver” but that doesn’t stop hopeless romantics from moving there just so they can call the poetically named place their home. …
Read More »News in brief – 19 November 2021 – Pensions Age Magazine
Royal Mail to offer additional contributions for CDC scheme lump sum … Royal Mail to offer additional contributions for CDC scheme lump sum … Source link
Read More »Royal Mail, Persimmon buck otherwise weak FTSE 100
The U.K.’s postal delivery service was outshining the FTSE 100 index on Thursday, after Royal Mail reported better-than-expected results, with home builders also rising, though energy companies were tugging at the downside as oil prices fell. The FTSE 100 index UKX, -0.48% dipped 0.2% to 7,629, losing around 1% for …
Read More »Final Penthouse at London’s Islington Square Development Lists for £4.3 Million
The final penthouse in a converted Edwardian development in north London was revealed on Friday with a price tag of £4.3 million (US$5.6 million). The three-bedroom, four-bathroom penthouse has a private rooftop garden with an infinity pool, plus far-reaching views of the city. It’s one of 11 penthouses in the …
Read More »Hedge funds are betting against British shopping mall operator Hammerson
British shopping mall operator Hammerson was the most shorted U.K.-listed company in July, with 13.9% of its stock held short by nine investment firms. Hedge fund Caxton Europe held the largest short position with 4.33% of Hammerson’s shares, as of July 15, according to new research from exchange-traded fund provider …
Read More »Hedge funds are betting against British shopping mall operator Hammerson
British shopping mall operator Hammerson was the most shorted U.K.-listed company in July, with 13.9% of its stock held short by nine investment firms. Hedge fund Caxton Europe held the largest short position with 4.33% of Hammerson’s shares, as of July 15, according to new research from exchange-traded fund provider …
Read More »A Fresh Start in London: New Developments Hope to Lure Buyers Returning to the Market
As spring finally comes to the U.K., it seems there are some welcome green shoots in the property market, too. After years in the doldrums, activity began to increase in the latter part of 2019, and then got much busier after the general election on Dec. 12, according to Marcus …
Read More »Pound and U.K. stocks fall as Boris Johnson ramps up hard Brexit fears
The pound and U.K.-exposed stocks fell on Wednesday as renewed fears of a hard Brexit spooked investors. The FTSE 100 UKX, +0.21% made slight gains but the …
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