If only...
In July, it revealed that revenues for the six months ended June had surged from £86.5m to £117.1m, boosting pre-tax profits from £15.5m to £20.6m.
Be glad you didn't
Intu Properties (LSE: INTU) is a shopping-centre owner and manager. The company, which has lost around a fifth of its value in just 12 months, was relegated from the FTSE 100 earlier this year as a result of increased investor pessimism over the retail sector. Despite this, Intu expects another year of rental income growth after a solid third quarter. It has agreed leases between July and November for £13m of annual rent.
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‘Sandwich generation’ carers losing £6,000 a year to support elderly relativesMiddle-aged adults are often caught between caring for children or grandchildren and their elderly parents, leaving them taking time out of the workforce and facing a huge hit to wages while they are still trying to save for retirement. We look at the true cost of caring.
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Ground rents to be capped at £250 a year – what does it mean for you?The government has published draft legislation which would see ground rents capped at £250 per year for leaseholders. We examine what it means for homeowners and the housing market.
