London

SW London most attractive location for young professionals

London's South West postal district, particularly the SW19 Wimbledon postcode, is the most attractive location for buying property for aspiring young urbanite professionals, according to a fresh survey by Lloyds Bank.

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London’s housing crisis growing deeper

Housing crisis in London is growing deeper for middle-class people as demand for affordable houses is outshining supply, pushing prices up.

Pocket Living Limited, which uses interest-free funds from the city for constructing homes and selling them for nearly 20 per cent below market rates, said that the people who are neither rich nor poor are suffering the worst brunt of the housing crisis.

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UK petrol sales hit record low in March 2014

Petrol sales in the UK slipped to their lowest level on record in March this year, even as pump prices were at a three-year low, the month was relatively warmer, and the economy was showing clear signs of recovery.

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London’s Gherkin skyscraper placed into receivership

The 41-storey Gherkin skyscraper, one of the most identifiable the sights on London's skyline, has been placed into receivership by its creditors.

Built in 2004, the office tower is situated in London's financial district. Creditors placed it into receivership after one of its owners slipped into insolvency.

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Cost of moving home in London soars above £20,000

Average cost of moving home in London soared to more than 20,000 pounds, with stamp duty covering nearly half of the total cost in 2013, a fresh research report by Lloyds Bank revealed.

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