HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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The Competition and Markets Authority has confirmed that domestic consumers have been overcharged for electricity usage, and it brings a huge criticism of the ‘big six’ suppliers who have been controlling the market over many years. To further solve this problem and the failing market, Nottingham City Council and Bristol City Council took a step forward and established fully licensed ESCOs (Energy Services Companies), which can control the energy supply and help to boost the economy.
Leeds has been ranked as the fifth best performing city in the UK for attracting foreign direct investment (FDI), according to a survey from EY.
Tourists from Hong Kong and mainland China have started a trend. As London becomes too costly, Manchester – beneficiary of “northshoring” – has emerged as an attractive destination.
Below is the summary of measures announced by Chancellor Rishi Sunak in the Budget.
Rental growth has accelerated over the last 12 months from an
annual rate of less than 2% in July 2021 to 12.3% today. The average rent increased by £115 per month since last year.