Commercial Property Review – June 2024 

Commercial trends of 2024  Flexibility, sustainability and diversification are key trends in the commercial property market so far this year, according to PropertyWire.  Flexible workspaces are increasingly in demand, reflecting the shift to hybrid working since the pandemic. Co-working spaces, quality buildings and adaptable offices are more popular, as are those in prime locations.   Sustainability […]

News in Review

“While there was no growth in April, it’s important to focus on the broader trend”  The UK economy did not grow in April, official data released last Wednesday by the Office for National Statistics (ONS) revealed. The headline figure followed a month of wet weather, with ONS suggesting that the rain might have affected consumer […]

News in Review

“As consumers gear up to spend more… there’s a brighter outlook for the coming months”  Last Tuesday, figures from the latest Barclays Consumer Spend Report revealed that consumer card spending fell to a three-year low in May. As households continue to feel the squeeze, overall spending grew by just 1.0% for the month, its lowest […]

AI & scams

Although there is much excitement surrounding the advent and development of artificial intelligence (AI), there are some serious risks involved – namely, the prevalence of scams that are becoming increasingly sophisticated.   Types of scams   There are a few main scams to be aware of:  Who is at threat?  Everyone risks falling victim to […]

News in Review

“The market appears to be showing signs of resilience”  The UK experienced a modest rebound in house price growth in May, according to the latest Nationwide House Price Index, released on Friday. Prices rose by 0.4% month-on-month to reach an average house price of £264,249. The annual growth rate picked up to 1.3%, from 0.6% […]

Wealth transfer gains momentum

Recently published research suggests the long-heralded ‘great wealth transfer’ is now firmly underway, which inevitably heightens the need for carefully considered intergenerational financial planning as assets continue to flow down the generations.  The great transfer  Dubbed by analysts the ‘great wealth transfer,’ the next two decades are set to witness the largest ever intergenerational transfer […]