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InterviewUK immigration
UK has ‘no strategy’ for housing asylum seekers, says borders’ chief inspector
...Citing his 26 years of army service, Neal called on the Home Office to put officials on the ground across the asylum estate to “check, check and check again” that things were working as they should and that...
February 16, 2024
Food & Beverage
CVC accused of ignoring Kenyan co-operatives in tea estates sale
...In February, alongside Kenyan President William Samoei Ruto, the company inaugurated a new tea academy....
April 3, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
UK housebuilding
Two-thirds of £4.2bn UK housebuilding fund unspent despite homes crisis
...However, Marcus Dixon, director of UK residential research at the real estate firm JLL, said that although the fund had been intended to “unlock housing delivery”, since then “rapidly rising build costs...
January 3, 2024
InterviewHS2
Sunak’s private funding plan for HS2 tunnel set to fail, warns adviser
...Armitt dismissed the comparison, however, saying that the bulk of that private investment at Battersea “was for real estate investment, rather than for the new Northern Line connection”....
November 26, 2023
Chinese economy
China’s manufacturing activity shrinks in August
...Chinese stocks fell on Thursday following the latest PMI readings, with the CSI 300 index down 0.6 per cent and a real estate sub-index sliding more than 4 per cent....
August 31, 2023
Chinese economy
China’s economic growth hits 5.3%
...Since 2021, the Chinese economy has grappled with a wave of real estate developer defaults that have frozen construction activity and weighed confidence in the market, pushing down home sales....
April 16, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Global inflation
Has US core inflation resumed its decline?
...China’s National Bureau of Statistics will publish house price data for February on Friday, providing a vital update on the country’s ailing property market.Real estate has become one of the largest drags...
March 10, 2024
FT SeriesJobs of the future
Quiet hiring: why managers are recruiting from their own ranks
...The approach requires managers to be in “problem-solving mode”, says McRae....
February 10, 2024
Chinese business & finance
Chinese state-owned bank seeks liquidation of property developer Shimao
...a mainland Chinese real estate company....
April 8, 2024
Chinese economy
China cuts mortgage-linked lending rate by record amount
...“A cut to the five-year LPR is part of the policy package to boost the demand side of the real estate market,” said Yang Chang, policy analyst with Chinese brokerage Zhongtai Securities....
February 20, 2024
Property sector
UK landlords hunt for deals in real estate slump
...UK-listed landlords are eyeing buying opportunities in the depths of the real estate downturn, as high debt costs force some owners to sell....
February 28, 2024
News in-depthMacau
Macau roars back as gamblers return to ‘Las Vegas of the east’
...Clutching a Dior handbag and wearing a jacket from French designer Ami, Jacky Chen, who works in real estate in Shenzhen, came to Macau to eat, relax and gamble....
March 31, 2024
News in-depthUK Budget 2024
‘Disastrous’: Justice system leaders warn Hunt against further austerity
...Fairhurst said spending on the service in the current financial year was already £100mn over budget, in part because the estate was at capacity....
March 4, 2024
UK infrastructure
Teesworks authority loses access rights case against Brookfield-owned port
...They said PDT had originally been claiming access rights “across vast areas of land on the Teesworks estate, yet no documentation was ever provided”....
February 5, 2024
HTSI
10 UK gardens to visit this bank holiday weekend
...These wild tulips are perennial, naturalising and have a delicate, beguiling beauty. botanic.cam.ac.uk Hever Castle, Kent The big draw at the former home of Anne Boleyn (and later of William Waldorf Astor...
March 27, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
News in-depthUK by-elections
‘Macho’ all-male Rochdale by-election fuels political divisions over Gaza
...Deprived estates in the centre of Rochdale, she added, were full of “people who are desperate”....
February 24, 2024
News updates from October 31: Israeli air strikes hit Gaza refugee camp, Blinken to travel to Israel again
Chinese stocks dip as data dashes hopes of manufacturing rebound
...The Hang Seng China Enterprises index fell 1.4 per cent, led by real estate, consumer goods and industrial stocks....
October 31, 2023
ReviewTheatre
Uncle Vanya, Orange Tree Theatre — Trevor Nunn’s staging is painful and powerful
...And Chekhov’s warts-and-all depiction of a group of disconsolate souls rattling round a country estate in the late summer heat is so painfully truthful about human nature that, if it is played sincerely,...
March 13, 2024
Property sector
US real estate agents liable for $1.8bn over broker fees on home purchases
...The case in question is one of two high-profile antitrust class actions against the real estate industry in the US over broker fees. A similar complaint was filed in Illinois in 2019....
October 31, 2023
Autumn Statement
UK unfreezes housing benefits as homelessness soars
...Recent research by homelessness charity Crisis and real estate website Zoopla found that the rental costs of only 4 per cent of properties in England were covered by the existing housing allowance, which...
November 22, 2023
News updates from September 19: Oil rises above $95, FTX sues Bankman-Fried’s parents
Sunac shares rally after creditors approve $9bn restructure
...Sunac is one of several Chinese companies that defaulted on offshore payments following a liquidity crisis in the massive real estate sector in 2021....
September 19, 2023
The Royal Family
Offshore wind boom gives King Charles a 45% pay rise
...The king and his heir Prince William receive private income from the estates of the Duchies of Lancaster and Cornwall....
August 12, 2023
News in-depthUK prisons
‘Inhumane’: chief inspector describes chaos in English prisons
...Official data showed the prison population has reached an all-time high of 88,225 people — just 557 short of the estate’s operational capacity and nearly double what it was 30 years ago....
October 19, 2023
UK society
‘They have no other option’: charities struggle to cope with England’s surge in rough sleepers
...Recent research by Crisis and real estate website Zoopla found that only 4 per cent of properties in England were affordable at government-set housing allowance rates, which have been frozen since 2020....
November 13, 2023
Commercial property
‘Skyscraper queen’ leaves CBRE as New York property crisis deepens
...James Whelan, president of the Real Estate Board of New York, the industry trade group, called her a trailblazer....
February 5, 2024

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