Author: Perry

The Chancellor has announced struggling borrowers will not be penalised with a hit to their credit score if they seek help from their bank or building society in the mortgage crisis. After meeting bankers earlier today Mr Hunt also said anyone in severe difficulty would be able to delay repossession of their home without consent for 12 months. Mr Hunt told broadcasters: “The most significant thing is that they can pick up the phone to their bank or mortgage lender and talk about their situation without any worry that it will impact their credit score. #mortage #uk #economy Subscribe to…

Telegram has forged a deal with Elon Musk’s xAI to weave Grok AI into the fabric of the encrypted messaging platform.This isn’t just a friendly collaboration; xAI is putting serious money on the table – a cool $300 million, a mix of hard cash and equity. And for Telegram, they’ll pocket 50% of any subscription money Grok pulls in through their app.This leap into the world of AI couldn’t come at a more interesting time for Telegram. While CEO Pavel Durov is wrestling with some pretty serious legal headaches, and governments in certain corners of the globe are giving the…

And any jobs-pocalypse seems a long way off Source link

The “Magnificent Seven” comeback follows a harsh fall after President Donald Trump’s “liberation day” tariffs shocked investors, businesses and U.S. trade partners Source link

Some 76% of properties from housing associations have achieved an Energy Performance Certificate rating above C. This reflects “sound progress”, according to a report from Sustainability for Housing, in collaboration with data firm Housemark. An estimated 100,000 homes in the UK were improved to meet EPC C (or higher) in 2023/24. At that rate it would take another 13-14 years to move all social homes to EPC C+. Andrew Jacksons, director of consultancy and partnerships at Housemark, said: “We were proud to partner with Sustainability for Housing to support the production of this year’s SRS report. “The insights from our…

15 April, 2025 7 min read Share Copy Link Copied The UK construction industry faces a significant challenge: a shortage of skilled workers that threatens project deadlines, increases costs, and slows economic growth. As the government ramps up housing targets and infrastructure investment, construction businesses must find ways to bridge the talent gap, boost productivity, and use technology to stay competitive. In this article, we explore the current labour crisis and share actionable strategies to help your business attract and retain top construction talent. This will help you contribute to the UK’s economic ambitions while staying competitive and resilient. Here’s…

Matthew Sigel, VanEck head of digital assets research, talk the impact of today’s White House Digital Currency Summit on the crypto industry. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook:…

The wealth management landscape is undergoing a significant change, driven by the rapid advancement of AI. While concerns about AI replacing human advisors persist, the reality is leaning more towards bionic. AI is not a replacement, but a powerful magnifier, enhancing advisor capabilities and ultimately benefiting clients. The future of wealth management lies in the strategic partnership between human empathy and AI precision. According to research by Wipro, 73% of firms are already leveraging AI extensively, and 65% believe client relationship management will be completely transformed in the next two years.Bridging the Generational DivideOne of the most significant challenges facing…

Microsoft: A Trifecta Of Growth, Margin Expansion And Improving Cash Flow Conversion Source link

Just 3% of property professionals are most confident in the prospects of buy-to-let this year, suggesting many regard the current environment to be hostile towards investors. Instead, half (50%) have most confidence in the first-time buyer sector, followed by new build (18%). The webinar poll was conducted by Countrywide Surveying Services, a provider of valuation panel management and property risk services. Matthew Cumber, managing director at Countrywide Surveying Services, said: “These insights paint a picture of a market that is still navigating economic pressures and grappling with fundamental issues but is starting to see signs of stabilisation and resilience. “It’s…