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UK Property

UK’s most in-demand coastal town is ‘perpetual holiday’ with miles of sandy beaches

Bournemouth has been named the most in-demand coastal location for buyers, with its stunning natural beauty, extensive green spaces, and appealing property market all contributing to its popularityBournemouth beach in Dorset is a very popular spot for tourists(Image: John Harper via Getty Images)Bournemouth, the charming coastal town situated on England's southern coast, has recently experienced a significant increase in popularity among property buyers. The latest figures from Rightmove reveal that Bournemouth has become the most sought-after seaside location for purchasers, a trend fuelled by its breathtaking natural beauty, abundant green...
UK Property

UK’s most expensive seaside town ‘abandoned by tourists’ after new £10 charge

Lloyds said in May that the average property price in Salcombe in Devon is £970,657, down 22% when compared to 2022, when the figure stood at more than £1.2 millionSalcombe in Devon is usually a hotspot for tourists(Image: Getty Images)A new £10 parking fee is deterring day-trippers from visiting Salcombe, recently dubbed the UK's priciest coastal spot. Lloyds reported in May 2024 that the average property price in the Devon town has dropped to £970,657, a 22% decrease from 2022's figure of over £1.2 million.Rightmove's August rankings listed Sandbanks and...
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Wasteful investments drain China’s economy, undermine government credibility: state media

Inefficient investments continue to be a drain on the economy, and debt-laden local governments need to ensure that the projects they back are actually needed in their communities.That was the message state-owned Economic Daily delivered in a commentary on Sunday as it put its weight behind national efforts to stimulate domestic demand.Written under the pen name Jin Guanping, the commentary said the incremental capital output ratio had risen from 2.84 in 2008 to 9.44 in 2023. The ratio is a key measure of investment efficiency where a lower value indicates...
UK Property

Pretty UK town surrounded by stunning countryside is ‘one of best places to live’

A survey revealed the best places to live in England and Wales in 2024 - and the top 10 list was filled with stunning countryside locations, including a town in DerbyshireThe Torr Vale Viaduct at New Mills(Image: Getty)Brits are known for their love of holidays abroad, often seeking out sunnier climates and exotic landscapes.However, the UK is home to a wealth of stunning locations that are not only popular with tourists but also loved by those who live there. From Cornwall's sandy beaches to Wales' towering mountains, the Lake District's...