Sales of luxury London properties collapsed by 86% in past year
Developers scale down most opulent projects, with newbuilds divided into smaller homes, as increased taxes blamed
Posts Tagged 'UK Business'
World’s billionaires lose £215m each as global economy struggles
Study finds billionaire population grew in 2015, but total wealth of this group fell by nearly £250bn as economic growth stalled
UK luxury home sales are recovering, estate agents say
Buyer interest in prime residential property higher in July and August than in 2015, according to Knight Frank
London houses are second most over-valued in world – UBS
‘Bubble index’ rates Vancouver as city with most unsustainable house prices and puts several other cities in middle of bubbles
Jimmy Choo cashes in on sterling fall as profit and revenue grow
Luxury retailer says prospects have never looked better as it opens new stores around the world and benefits from weaker pound
Swiss watch exports to UK rise as tourists make most of fall in sterling
Increase taps into surge of visitors to UK, exploiting what has become the cheapest luxury market in the world, say analysts