UK Property

UK Property

Britain’s most expensive street (where prices are down £3m)

In Clarendon Road in Notting Hill, which is now the second-most expensive street in Britain, average prices actually rose by £5m, from £15m to £20m, according to Halifax.Mr Scarisbrick said the area has become popular since Covid because of its access to communal gardens and array of spacious houses.By contrast, Grosvenor Square tends to be dominated by flats, which have lost some of their allure since the pandemic.Mr Scarisbrick said buyers in these areas tend to be living in Britain as their primary residence, have children in local schools, and...
UK Property

S&P 500 falls the most in three months, Toshiba delists and enters private hands

The S&P 500 registered its biggest one-day drop in three months, and the Nasdaq Composite ended a nine-day winning streak, after an afternoon sell-off that delayed Wall Street’s attempt at a record high.The S&P 500 closed 1.5 per cent lower for its biggest fall since September 21, while the Nasdaq sank by the same amount.Big Tech stocks, which have an outsized influence on index direction, led the market turnaround, which ultimately left about 96 per cent of S&P 500 members lower at the closing bell, according to LSEG data.“The market...
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