Tag: UK Business
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London house prices fall for first time in eight years as rest of UK rises
Average price of home in capital is £471,761, down 0.6% between July and September compared with same period last year
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London luxury property prices will stay flat until after Brexit, says Savills
Market sentiment will remain ‘fragile’ amid uncertainty but start to recover towards the end of 2019, forecasts estate agent
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Asking prices for London homes record biggest falls this decade
Average drops are biggest in Kensington and Chelsea at £300,000, but prices are up £58,000 in Southwark, says Rightmove
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Santorini’s popularity soars but locals say it has hit saturation point
Greek island draws millions of tourists but residents talk of pressure on infrastructure and divide between haves and have-nots
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Chanel owners pay themselves $3.4bn dividend – four times company’s net profit
Despite fall in revenues and profits last year, Alain and Gérard Wertheimer took double dividend they received in 2015
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China’s Dalian Wanda drops purchase of Nine Elms Square in London
After Beijing clampdown on overseas investment, site is sold, with permission for 1,900 flats, to unidentified buyer