Category : Search result: market news UK


Tesla Shares Crash After Musk's $56bn Pay Deal Rejected

Tesla faces a staggering $50bn market valuation loss as shareholders reject Elon Musk's colossal $56bn pay package, triggering a dramatic share price collapse and raising serious corporate governance concerns.

UK House Prices Post Sharpest Quarterly Drop Since 2011

Britain's property market faces a severe correction as new data reveals the fastest quarterly house price fall since 2011. With the Bank of England holding interest rates and a critical budget looming, homeowners and buyers brace for further uncertainty.

First-Time Buyers Delay Cars for £59k Deposits

Exclusive research reveals the heartbreaking financial trade-offs young Britons are making. Soaring mortgage deposits are forcing a generation to delay car ownership and major life events, creating a 'generation locked out' of the property market.

Giorgio Armani's Will Instructs Fashion Empire to Pursue IPO

The future of the Giorgio Armani fashion house is set for a radical transformation, as the legendary designer's will instructs the company to pursue a stock market listing, potentially ending decades of private, family-controlled ownership.

Paralegal's £5.6m property empire on a £60k salary exposed

Exclusive investigation reveals how a young Sydney paralegal on a modest salary allegedly built a multi-million pound property portfolio through undisclosed loans and creative financing, dodging stamp duty and raising serious money laundering concerns.

US Home Price Surge Worsens Wealth Divide, Report Finds

Soaring house prices are creating a stark wealth divide across America. A new Zillow report shows that while homeowners see paper gains, affordability for first-time buyers has collapsed to its worst level in decades.

Wolff: George Russell Mercedes Contract Decision Imminent

Mercedes Team Principal Toto Wolff has sent shockwaves through the F1 paddock by revealing a major contract decision for British star George Russell is imminent, with talks set to intensify after the summer break.

US jobless claims fall to eight-month low

New data from the US Labor Department reveals a significant drop in unemployment benefit applications, signalling unexpected resilience in the American job market despite economic pressures.

Australia's Radical 2% Deposit Home Scheme Launches

Australia launches a radical £1.2 billion housing initiative, enabling first-time buyers to purchase with just a 2% deposit. But will this ambitious scheme cool the market or fuel a price surge? Exclusive analysis inside.

Guzman y Gomez's US expansion hits major roadblocks

Australian fast-food favourite Guzman y Gomez faces significant hurdles in its ambitious US expansion, with reports of financial losses, leadership exits, and a struggle to adapt its menu for American tastes. Is the burrito bubble bursting?

UK Housing Crisis: Homes Vanish from Market at Record Rate

Exclusive investigation reveals a severe property shortage across major UK cities, with available listings plummeting by up to 20% annually. Discover which areas are hardest hit and what it means for buyers and the market.

New-Build Homes Now Cheaper Than Old Ones In UK Market Shift

A startling shift is occurring in the UK housing market. Exclusive analysis reveals new-build properties are now significantly cheaper than older homes in some regions, signalling potential market distress and a crisis in buyer confidence. Experts warn th

Las Vegas Housing Market Freeze: 'It's Like a Morgue'

The once-booming Las Vegas property market has frozen solid. Soaring mortgage rates and economic uncertainty have scared away buyers, leaving a graveyard of unsold homes and desperate sellers slashing prices in a bid to attract the few remaining prospects

Sydney House Prices Hit Record $1.6M Average

New data reveals Sydney's average house price has soared to a staggering $1,629,515 AUD, defying interest rate pressures and cementing its status as Australia's most expensive property market.

Wolff: Antonelli in pole for Mercedes 2025 seat over Verstappen

Toto Wolff has given his strongest indication yet that 17-year-old Italian prodigy Kimi Antonelli is in pole position to replace Lewis Hamilton at Mercedes for the 2025 Formula 1 season, despite intense speculation linking Max Verstappen to the seat.

UK House Prices Hit Record High of £375,131

New data reveals UK average house prices have soared to a record £375,131, with dramatic regional variations. Discover the hotspots and areas with the biggest growth in our comprehensive 2025 property market analysis.

UK House Prices Hit Record High for Third Month Running

UK property market continues its remarkable surge as Halifax reports house prices rose 0.9% in September, marking the third straight monthly increase and pushing average prices to a new record high of £293,835.

Melbourne Property Prices Surge in Biggest Jump for 14 Years

Defying Australia's cost-of-living crisis, Melbourne's property market has staged a stunning comeback, recording its strongest quarterly growth in 14 years. Exclusive data reveals the suburbs leading the charge and why experts predict the boom is far from

UK Property Market Plunge: Homebuyer Panic Hits Record

Exclusive: Britain's housing market faces a severe crisis as a record number of panicked buyers abandon purchases amid soaring mortgage rates and economic uncertainty. Property chain collapses hit unprecedented levels.

Sydney, Melbourne Property Listings Hit 10-Year Low

Australia's property crisis deepens as new data reveals house listings in Sydney and Melbourne have hit a 10-year low, creating a fiercely competitive market for buyers and driving prices upward.

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