London homes 500 metres from station ‘command £42,700 premium over those 1,500 metres away’

Stephen Miran, a new appointee to the Federal Reserve, recently expressed his belief that reducing immigration could lead to more available housing and lower rental costs. This perspective highlights a divergence in monetary policy views among Fed governors and raises questions about how immigration impacts the economy. As housing affordability continues to be a pressing issue, Miran's comments could influence future discussions on economic policy.

Stephen Miran, a new appointee to the Federal Reserve, recently expressed his belief that reducing immigration could lead to more available housing and lower rental costs. This perspective highlights a divergence in monetary policy views among Fed governors and raises questions about how immigration impacts the economy. As housing affordability continues to be a pressing issue, Miran's comments could influence future discussions on economic policy.

In an innovative move to combat the ongoing venue crisis, Manchester's XLR nightclub is allowing patrons to bring their own alcohol. This approach aims to create a safer environment, particularly for women, as initial reports indicate reduced intoxication levels on opening night. Chris Hindle, the club's owner, is optimistic about this experiment, believing it could be a game-changer for nightlife. The initiative not only addresses safety concerns but also highlights the resilience of the nightlife industry in adapting to challenges.

In an innovative move to combat the ongoing venue crisis, Manchester's XLR nightclub is allowing patrons to bring their own alcohol. This approach aims to create a safer environment, particularly for women, as initial reports indicate reduced intoxication levels on opening night. Chris Hindle, the club's owner, is optimistic about this experiment, believing it could be a game-changer for nightlife. The initiative not only addresses safety concerns but also highlights the resilience of the nightlife industry in adapting to challenges.

Citigroup is set to revamp its Canary Wharf office following a significant £1 billion upgrade of its headquarters. This move not only reflects the bank's commitment to enhancing its workspace but also signals confidence in the London market. The overhaul of the shorter building in the Citigroup Centre will create a modern environment for employees, aligning with the bank's strategic goals and potentially attracting new talent.

Citigroup is set to revamp its Canary Wharf office following a significant £1 billion upgrade of its headquarters. This move not only reflects the bank's commitment to enhancing its workspace but also signals confidence in the London market. The overhaul of the shorter building in the Citigroup Centre will create a modern environment for employees, aligning with the bank's strategic goals and potentially attracting new talent.

The easyJet share price has remained stagnant at 455p since the pandemic began, leaving many investors feeling disheartened. However, experts believe there is still potential for growth, suggesting that the airline could rebound as travel demand increases. This situation is significant as it highlights the challenges faced by the aviation industry while also pointing to possible recovery opportunities.

The easyJet share price has remained stagnant at 455p since the pandemic began, leaving many investors feeling disheartened. However, experts believe there is still potential for growth, suggesting that the airline could rebound as travel demand increases. This situation is significant as it highlights the challenges faced by the aviation industry while also pointing to possible recovery opportunities.

Arada Developments, co-owned by Saudi Prince Alwaleed bin Talal's son and a member of Sharjah's royal family, is making a significant move by investing $680 million in a London real estate developer. This investment not only marks a bold expansion into developed markets but also highlights the growing interest of Middle Eastern royals in global real estate opportunities. Such investments can stimulate economic growth and create jobs in the regions involved, making it a noteworthy development in the international property landscape.

Arada Developments, co-owned by Saudi Prince Alwaleed bin Talal's son and a member of Sharjah's royal family, is making a significant move by investing $680 million in a London real estate developer. This investment not only marks a bold expansion into developed markets but also highlights the growing interest of Middle Eastern royals in global real estate opportunities. Such investments can stimulate economic growth and create jobs in the regions involved, making it a noteworthy development in the international property landscape.

London's mayor, Sadiq Khan, has announced that a recent one-day traffic ban on Oxford Street is a significant step towards revitalizing the area. This trial, which restricted vehicle access from noon to 8pm, is seen as a glimpse into a more pedestrian-friendly future for one of the city's most famous shopping streets. The initiative aims to enhance the experience for visitors and residents alike, marking the beginning of efforts to reclaim Oxford Street from heavy traffic.

London's mayor, Sadiq Khan, has announced that a recent one-day traffic ban on Oxford Street is a significant step towards revitalizing the area. This trial, which restricted vehicle access from noon to 8pm, is seen as a glimpse into a more pedestrian-friendly future for one of the city's most famous shopping streets. The initiative aims to enhance the experience for visitors and residents alike, marking the beginning of efforts to reclaim Oxford Street from heavy traffic.

KKR recently held its first Asia board meeting in Tokyo, highlighting Japan's pivotal role in the firm's regional growth strategy. This meeting signifies KKR's commitment to expanding its influence in Asia, particularly in Japan, which has become a key market for investment opportunities. The focus on Japan not only reflects the country's economic potential but also KKR's confidence in the region's future, making this a significant step for both the firm and the local economy.

Norway is making strides in its oil exploration efforts by adopting innovative technologies aimed at locating 'missing' oil reserves. This shift not only enhances the efficiency of oil extraction but also aligns with the country's commitment to sustainable energy practices. By leveraging advanced tech, Norway is positioning itself as a leader in the energy sector, ensuring that it can meet future demands while minimizing environmental impact.

As the financial markets await a key speech from Federal Reserve Chair Jerome Powell, the Asian foreign exchange market is showing subdued activity with the dollar remaining stable. This moment is significant as Powell's remarks could provide insights into future monetary policy, influencing global markets and investor sentiment.

The recent agreement between the Iraqi and Kurdish governments to restart the oil pipeline marks a significant development in the region's energy sector. This collaboration could stabilize oil supplies and potentially influence global oil prices, which have been fluctuating due to various geopolitical tensions. The resumption of operations is crucial for both governments, as it may enhance their economic stability and foster better relations.

Tai Hui from JPMorgan Asset Management suggests that investors should reconsider their portfolio allocations as current market valuations reflect optimistic expectations for economic and corporate performance. While he believes this outlook is reasonable for the long term, he also warns of potential challenges in the coming months. This insight is crucial for investors looking to navigate the market effectively.

China's recent request for brokers in Hong Kong to pause their real-world asset business has raised concerns in the financial community. This move could impact the operations of many firms and reflects the ongoing regulatory scrutiny in the region. It matters because Hong Kong has been a significant financial hub, and such actions may signal a shift in how China is managing its economic policies, potentially affecting investor confidence and market stability.