London Home Prices to Hit £500,000 in a Decade



News that the average house price in London will reach £500,000 by 202o proves that not only becoming totally gentrified, but fairly well exclusive when all is said and done. According to the economic think tank Centre for Economics and Business Research (Cebr), the average price of a home in the city will have already climbed to £383,000 by […]

Castle Trust Research Shows UK Commercial Property Loss Variable



Research released late last month form Castle Trust tell of UK commercial property fund investors having lost an average of 11.4% in the last half decade.

Achilleas “The Don” Kallakis Sentenced for Britain’s Biggest Property Fraud



Achilleas Kallakis, dubbed “The Don” for his high mafioso like bravado in defrauding Allied Irish Bank and the Bank of Scotland out of £750 million, has been sentenced to seven years.

Bleak Q4 Numbers May Point to UK Recession Slide



Yesterday, a report we made alluded to a lack of productivity in the UK being a major factor in the nation’s slow recovery from the recession. Today, a report by CIPS (PDF) on the Purchasing Managers’ Index (PMI) shows the first dip in activity in the last two years. The data leads experts to the conclusion that the UK economy actually shrank in 2012.

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