First-time buyers too are open to changing their plans. At the Treasury Committee hearing in the Commons earlier in the week, Andrew Asaam, homes director at Lloyds Banking Group – the UK’s largest mortgage lender, said: “People are either putting down a larger deposit or buying a smaller property because affordability is tighter.
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Elon Musk announces new AI start-up
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Mr Musk purchased the microblogging platform in a deal worth billions, before making sweeping changes which led to many...
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US jobs growth weakest in more than two years
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“Jobs growth has slowed but remains too strong to justify an extended Fed pause. More significantly, with average hourly...
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Flight cancellation plan aims to ease summer chaos
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The UK’s biggest airline, whose services from Heathrow Airport are likely to bear the brunt of this week’s cancellations,...
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Barbie movie wins box office battle in US
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Vue, which has 91 cinemas throughout the UK and Ireland, said it saw its biggest weekend in four years...
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Ryanair and Manchester Airport launch travel legal challenge
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The travel industry has stipulated that the legal challenge is about getting the government to commit to transparency about...
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Whistleblowing banker who went to prison speaks out
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One reason he feels so strongly is that Johnson, who worked as a cash trader for Barclays from 1981...
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Pret A Manger to cut 3,000 jobs in the UK
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Image copyright AFP Sandwich chain Pret A Manger is to cut 3,000 jobs, or more than a third of...
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What a $1 deal says about America’s office market
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His next door neighbour, 360 Park Avenue South, has been empty since 2021 for redevelopment. The 20-storey building, which...
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