Releasing the Floodgates on Consumer Spending Another roaring twenties

Releasing the Floodgates on Consumer Spending: Another ‘Roaring Twenties’?

The ‘golden era’ or the ‘roaring twenties’ is an unparalleled time in history, infamous for its dramatic uplift in consumer spending. The hedonistic pursuit of an outrageously lavish lifestyle was not merely a passing trend but rather a mass reaction to a period of societal oppression. Though there have been countless historical studies on this period, popular opinion denotes that...

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Property boom requires digitalisation

Property boom requires digitalisation

The last year has been tumultuous for the whole economy, and the property market has been no different. With numerous changes being implemented in response to the pandemic, including Stamp Duty Holidays, Land and Buildings Transaction Tax and Land Transaction Tax, taken together with the fact that many now have different property preferences, the residential property sector has gathered momentum...

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Housebuilding industry can be at the forefront of biodiversity

Housebuilding industry can be at the forefront of biodiversity

Biodiversity should be considered at the earliest stages of planning new home developments to encourage wildlife and help reverse habitat decline, according to a new report from the NHBC Foundation, with the support of the RSPB and Barratt Developments. Climate change and the decline of wildlife are the great challenges of our time which, combined with Government demands for greatly...

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Warren Buffett says Berkshire Hathaway is seeing 'very substantial inflation' and raising prices

Warren Buffett says Berkshire Hathaway is seeing ‘very substantial inflation’ and raising prices

Warren Buffett is seeing inflation among Berkshire Hathaway’s collection of businesses as the economic recovery from the Covid pandemic kicks into high gear. “We are seeing very substantial inflation,” the Berkshire chairman and CEO said at the conglomerate’s annual shareholder meeting Saturday. “It’s very interesting. We are raising prices. People are raising prices to us and it’s being accepted.” “We’ve got nine homebuilders in...

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UK Government Unveils Design for Residential Property Developer Tax, Invites Commentary

The UK government has called for views and opinions on its proposed residential developer tax. Predicted to raise £2bn over a decade to help contribute to the cost of cladding remediation work, the tax’s design was announced yesterday. Among the proposals was that the proposed design would only apply once residential developers’ profits went over £25m. Robert Jenrick, the UK’s...

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Equity Release Market But Remains Strong

Equity Release Market Dips Slightly, But Remains Strong – Equity Release Council

The amount of equity released by customers dipped slightly between Q4 2020 and Q1 2021, according to new statistics put out by the Equity Release Council (ERC). Despite the dip from £1.16bn to £1.14bn, the ERC said in a statement that market and consumer confidence was higher in the UK’s subsequent lockdowns, with market and consumer confidence proving ‘more robust’...

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