Prime London Properties Have Peaked

LONDON’S heady prime and new development residential property prices have peaked. Migration into London from the European Union and elsewhere and a general shortage of property indicate that the price graph, with cyclical fluctuations, will continue to slope upwards in … Read the rest

S&P downgrades debt of energy companies

Brokers Sanford Bernstein also warn that UK and other European banks have sizeable exposure to Glencore and other commodity traders

STANDARD & Poor’s has downgraded the debt of numerous US, European and emerging market energy companies while brokers Sanford Bernstein … Read the rest

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