International News

Do you live in one of Britain's Japanese knotweed hotspots? Interactive map shows where invasive plant that can grow through bricks and foundations is flourishing

Do you live in one of Britain's Japanese knotweed hotspots? Interactive map shows where invasive plant that can grow through bricks and foundations is flourishing

EXCLUSIVE: A stunning interactive map reveals Britain's Japanese knotweed hotspots The plant is very strong and can break through brick, concrete and walls and decreases house prices by 10% Data from removal experts reveals around one in 20 houses in Britain is affected by the plant Bolton is the worst affected place in the country, followed by Bristol, St Helens, Cardiff and Blackburn Japanese knotweed is a devastating invasive plant which can break through concrete...

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UK economy set to grow at fastest rate in more than 70 years

UK economy set to grow at fastest rate in more than 70 years

The UK economy will enjoy its fastest growth in more than 70 years in 2021 as Covid-19 restrictions are lifted, according to the Bank of England. The economy is expected to expand by 7.25% this year, with extra government spending helping to limit job losses. However, it follows a contraction of 9.9% in 2020, the biggest in 300 years. Andrew Bailey, the governor of the Bank of England, said the recovery was "strong" but likened it to "more of a bounce back" than a boom. He added that...

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How Beijing is buying up Britain: Chinese investors 'have spent £134 BILLION on UK assets including infrastructure, private schools and FTSE 100 firms'

How Beijing is buying up Britain: Chinese investors 'have spent £134 BILLION on UK assets including infrastructure, private schools and FTSE 100 firms'

Chinese investors have stakes in key infrastructure firms such as Thames Water Heathrow and UK Power Networks also have Chinese stakeholders, reports say There is also reportedly at least £57billion Chinese investment in FTSE 100 firms Of £134billion total, £44billion said to be from Chinese state-owned companies However Sunday Times reports total investment may be higher than £134billion Chinese investors have spent at least £134billion on UK ...

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UK household wealth rises to record level during Covid crisis Higher house prices, increased values of defined benefit pensions and government support are main drivers

UK household wealth rises to record level during Covid crisis Higher house prices, increased values of defined benefit pensions and government support are main drivers

Retrieved from: https://www.ft.com/content/e651bff7-8211-4aa6-9b22-4ac968fe6675 (29 April 2021) The information provided on this website is for reference only. C21 International shall not be liable for any errors, omissions, misstatements or misrepresentations (express or implied), concerning any Information, and shall not have or accept any liability, obligation or responsibility whatsoever for any loss, destruction or damage (including without limitation consequential loss, destruction or...

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Leading UK businesses and researchers in £75 million collaboration to create technologies of the future

Leading UK businesses and researchers in £75 million collaboration to create technologies of the future

Nine innovative business-led research partnerships to develop technologies such as accelerated medicine discovery, green household products and sensor technology for drivers. Nine innovative business-led research partnerships backed with over £75 million to develop new technologies partnerships led by Unilever, EDF and the Francis Crick Institute will look at accelerating medicine discovery, creating green household products and developing sensor technology for drivers part of g...

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The UK and US showing the highest interest in Australian property

The UK and US showing the highest interest in Australian property

Overseas search activity on realestate.com.au is at an all-time high, with the UK and US showing the highest interest in Australian property. New Zealand, the US, Singapore, China and Hong Kong also saw month-on-month increases in search activity in March, although searches from China continue to trend lower year on year. The UK and New Zealand experienced significant year-on-year increases of 64% and 62% respectively, while searches from Singapore jumped 37%, followed closely by the US increase...

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London’s ‘super-prime’ luxury property market was world leader in 2020

London’s ‘super-prime’ luxury property market was world leader in 2020

London had the highest number of super-luxury home purchases of any city in the world during 2020, outperforming its traditional rivals of New York and Hong Kong. According to the upmarket estate agency group Knight Frank, 201 “super-prime” homes – collectively worth more than $3.7bn (£2.7bn) – were bought in London last year, easily knocking Hong Kong into second place with 169 sales. Analysing transaction data from 12 super-prime residential markets aro...

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Number of overseas landlords with UK properties hits five-year high

Number of overseas landlords with UK properties hits five-year high

If the latest figures highlighting the number of overseas landlords owning property in the UK is anything to go by then Brexit hasn’t deterred investment in the UK property market. According to the most recent data, the figure stands at a five-year high of 184,000 – marking an increase of 19% over five years, when there were 154,000 overseas landlords, Residential property market experts, Ludlowthompson, suggest that many overseas investors have capitalised on the drop in the v...

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