Connect with us

Business

What Makes a Strong Investment Property in the UK?

Published

on

A Hampshire letting agent has launched a free property portal, wagering that agents and landlords worn down by the rising cost of advertising will welcome a route to market that does not come with a monthly bill.

When researching the UK property market, it is easy to be drawn in by eye-catching rental yields, glossy marketing brochures or promises of future growth. While these factors can form part of an investment case, they rarely tell the whole story.

Strong property investments are built on a combination of factors rather than a single headline figure. A property with an attractive purchase price may suffer from weak tenant demand, while one with a lower headline yield could deliver more consistent long-term returns thanks to its location and lower running costs.

For anyone seeking investment property advice, the key is to evaluate every opportunity objectively. Whether your goal is generating rental income, achieving long-term capital growth or balancing both, a thorough due diligence process will help separate genuinely strong investments from those that rely on marketing claims rather than market fundamentals.

Understand Who the Property Is For

Every successful investment property starts with one question: who is most likely to rent it? Without consistent tenant demand, even an attractively priced property can struggle to generate reliable income. Investors should identify the property’s target tenant before assessing potential returns.

Depending on the location, demand may come from:

Advertisement
  • Young professionals working in nearby business districts
  • University students
  • Families looking for long-term accommodation
  • Healthcare workers
  • Corporate tenants
  • People relocating for employment

The strongest investments typically serve an established tenant market rather than relying on speculative future demand. It is also worth considering whether the property’s size, layout and features align with local preferences. A city-centre apartment, for instance, may appeal to professionals but be less suitable in an area where family housing is in greater demand.

Understanding the tenant profile helps investors judge whether rental demand is likely to remain sustainable over time.

Assess the Strength of the Location

Location remains one of the most influential factors in UK property investment, but evaluating a location involves much more than looking at a postcode. A strong investment location usually combines several positive characteristics that support both rental demand and long-term desirability.

Important considerations include:

Employment Opportunities

Areas with diverse employment sectors often generate more stable demand for rental accommodation than locations dependent on a single major employer.

Advertisement

Transport Connections

Reliable public transport, road networks and commuter links can make properties more attractive to tenants while also supporting future resale demand.

Universities and Education

Higher education institutions often contribute to local housing demand, not only through students but also through graduates who remain in the area after completing their studies.

Local Amenities

Access to shops, healthcare, leisure facilities and green spaces can influence both tenant satisfaction and buyer appeal.

Regeneration

Investment in infrastructure and public spaces may strengthen a local market over time. That said, regeneration should support an investment decision rather than be the sole reason for buying.

Advertisement

No single factor guarantees future performance, but locations with multiple positive fundamentals generally provide a stronger foundation than those relying on one anticipated change.

Buying at the Right Price Matters

A property can possess excellent long-term prospects yet still represent poor value if purchased at the wrong price.

Overpaying affects almost every aspect of investment performance. A higher purchase price can reduce rental yield, increase borrowing requirements and limit future capital appreciation if local values do not grow in line with expectations.

Before deciding to buy investment property, investors should compare:

Advertisement
  • Recent sale prices for similar homes
  • Local market trends
  • Property condition
  • Features and specification
  • Asking price relative to comparable properties

Independent market evidence is often more valuable than promotional pricing claims. Patience can also be an advantage. Purchasing the right property at a fair market price is generally more important than rushing to secure an investment.

Look Beyond Headline Rental Yield

Rental yield is often the first figure highlighted in marketing materials, but it should never be assessed in isolation. Gross yield simply measures annual rental income as a percentage of the purchase price. While useful for initial comparisons, understanding what constitutes a good rental yield in the UK is essential because gross yield does not reflect the actual profitability of an investment.

Net yield provides a more realistic picture because it accounts for ongoing expenses that directly affect cash flow. These costs may include:

  • Letting and management fees
  • Service charges
  • Maintenance and repairs
  • Insurance
  • Mortgage interest
  • Ground rent where applicable
  • Periods without tenants
  • Compliance and safety requirements

Two properties with identical gross yields may produce significantly different net returns once these costs are taken into account. Investors focused on income should therefore prioritise sustainable net performance over headline percentages.

Keep Running Costs Under Control

Every investment property involves ongoing expenditure. Some costs are predictable, while others vary depending on the property’s age, management structure and location.

Common expenses include:

Advertisement
  • Routine maintenance
  • Emergency repairs
  • Building insurance
  • Landlord licensing where required
  • Safety inspections
  • Property management
  • Service charges for apartments
  • Periodic refurbishment

High service charges deserve particular attention. Modern developments with extensive communal facilities can appear attractive to tenants but may reduce overall profitability if ongoing fees are substantial.

Understanding the full cost of ownership enables investors to produce more realistic financial forecasts.

Evaluate the Quality of the Property

A property’s physical quality influences both tenant satisfaction and future resale prospects. Rather than focusing solely on appearance, investors should assess practical factors that contribute to long-term performance.

Build Quality

Well-constructed properties generally require fewer major repairs and may remain attractive to buyers for longer.

Practical Layout

Properties with functional floorplans often appeal to a wider tenant audience than those with unusual or inefficient layouts.

Advertisement

Energy Efficiency

Improved energy performance can reduce utility costs for tenants while supporting compliance with evolving environmental standards.

Developer Reputation

For new-build properties, researching the developer’s track record can provide insight into construction quality, after-sales support and long-term maintenance standards.

Ultimately, a property should meet the expectations of its intended tenant market rather than simply offering attractive finishes.

Think About Your Exit Strategy Early

Although many investors purchase property with a long-term outlook, every investment should include consideration of how it may eventually be sold.

Advertisement

Resale potential is influenced by several factors, including:

  • Local housing demand
  • Market liquidity
  • Property condition
  • Buyer demographics
  • Mortgage availability
  • Competing supply

Properties that appeal to both owner-occupiers and investors often benefit from a broader pool of potential buyers. Considering future resale demand from the outset encourages more balanced investment decisions and reduces the risk of purchasing an asset with limited market appeal.

Warning Signs of a Weak Investment

Recognising potential problems is just as important as identifying attractive opportunities. While no investment is entirely without risk, certain warning signs deserve closer investigation.

Be cautious if you encounter:

  • Rental yields that appear unusually high without supporting market evidence
  • Limited proof of local tenant demand
  • Locations with weak employment fundamentals
  • Significant oversupply of similar properties
  • Service charges that materially reduce net income
  • Hidden or unclear ownership costs
  • Purchase prices that exceed comparable local sales
  • Investment cases based primarily on speculative future regeneration

These issues do not necessarily mean a property should be avoided, but they should prompt additional research before proceeding.

Investors comparing different investment property opportunities may also find it useful to combine independent market research with trusted sources of property investment guidance to build a broader understanding of market conditions and due diligence considerations.

Advertisement

A Practical Checklist Before You Invest

Before making a purchase, it can be helpful to review every property against the same set of criteria:

  • Is there proven tenant demand?
  • Does the location have strong economic fundamentals?
  • Is the purchase price supported by comparable sales?
  • Have net returns been calculated after all costs?
  • Are running costs realistic and manageable?
  • Is the property well built and suitable for its target market?
  • Does it offer reasonable resale potential?
  • Have the key risks been identified and assessed?

Using a consistent framework makes it easier to compare opportunities objectively and reduces the likelihood of making decisions based on marketing materials alone.

Conclusion

There is no single characteristic that defines a strong investment property. Instead, successful investments are supported by a combination of sound location fundamentals, sustainable tenant demand, realistic pricing, manageable costs and a clear understanding of both opportunity and risk.

Different investors will naturally prioritise different outcomes. Some may focus on generating reliable rental income, others on long-term capital growth, while many seek a balance between the two. Whatever the objective, applying a disciplined due diligence process is far more valuable than relying on headline yields or promotional claims.

Ultimately, the strongest investment property opportunities in the UK are those backed by evidence rather than assumptions. By taking a structured approach to evaluating every property, investors can make more informed decisions and build portfolios that are better positioned to perform over the long term.

Advertisement

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Google Gemini Down Now? Users Report Outage Friday Afternoon As Downdetector Tracks Rising Complaints

Published

on

Google Gemini AI is Here

Google Gemini users began reporting problems accessing the company’s AI assistant Friday afternoon, according to outage-tracking service Downdetector, in what appeared to be a developing disruption affecting the widely used chatbot and its integrations across Google’s broader product ecosystem.

Downdetector said user reports indicating problems with Google Gemini began climbing at 12:15 p.m. Eastern time. The tracking service posted about the rising number of reports on its official account on the social platform X, asking affected users to describe how the outage was impacting them and tagging the post with the hashtag “GoogleGeminiDown.”

As of Friday afternoon, Google had not issued a detailed public statement addressing the scope, cause or expected resolution timeline for the reported disruption. Separate outage-monitoring service Entireweb Status showed Gemini as operating normally as of the previous day, logging 88 user reports over the preceding 24-hour period, with 5 of those in the final hour of that window, suggesting the service had already been experiencing a low, ongoing baseline of complaints even before Friday’s reported spike. StatusGator, another third-party tracker, separately monitors Gemini’s status through Google’s own official status dashboards, checking for updates roughly every few minutes based on issue reports, page visits and other signal strength data.

Friday’s reported issue also arrived on a day when users separately reported problems with Gmail, according to posts on the online forum DesignTAXI Community, where a user described a surge in Gmail-related Downdetector reports beginning around 9:12 a.m. Eastern time, several hours before the Gemini reports began climbing. It remained unclear whether the two sets of reports were connected through any shared underlying cause within Google’s infrastructure, or whether they represented separate, unrelated issues affecting different products on the same day.

Advertisement

Google Gemini functions as the company’s primary conversational AI assistant, available as a standalone web and mobile app and integrated across Google Workspace products, including Gmail, Docs, Sheets and Slides through a feature often referred to as the Gemini side panel. A disruption affecting Gemini’s core systems can therefore ripple across multiple products simultaneously, depending on which specific backend services are affected, rather than being limited only to the standalone chatbot experience.

Friday’s disruption would not be the first time Gemini has experienced significant outages. In June, a widely reported outage left many users unable to access Gemini starting around 6 a.m. Eastern time, with Downdetector reports climbing steadily to nearly 1,000 before the issue was resolved. During that incident, Google’s Workspace Status Dashboard formally acknowledged the disruption, saying its engineering team had identified a mitigation and was working to implement it, though the company did not provide a specific estimated time of resolution at the time, saying only that it would provide a further update later that afternoon.

An earlier outage in September 2025 affected primarily Gemini’s more advanced Pro tier, while the lighter Flash version of the model continued functioning normally for many users throughout the disruption. That incident saw Downdetector reports spike to nearly 3,000 before gradually declining over the following hour as Google’s engineering team addressed the underlying issue, with most users regaining normal access within roughly 90 minutes of the initial spike in complaints.

Google has periodically disclosed additional technical detail about the underlying causes of past Gemini disruptions through its official status pages. In one previously documented incident affecting Gemini within Google Workspace, the company said an internal background process had caused certain users’ chat histories to become temporarily invisible within both the web and mobile versions of the app, a problem the company said its engineering team identified and halted, though full mitigation still required additional time to complete.

Advertisement

Given Gemini’s rapid growth, having recently surpassed 1 billion monthly active users according to Google’s own recent disclosures, even brief disruptions to the service now have the potential to affect a substantially larger user base than in the platform’s earlier years, a dynamic that has made outage reports for the assistant increasingly visible and closely tracked whenever they occur.

For users experiencing issues Friday, standard troubleshooting guidance compiled by outage-tracking services generally recommends first checking Google’s official Workspace Status Dashboard to determine whether the company has already acknowledged a known, ongoing incident, since an active, company-confirmed disruption typically cannot be resolved through user-side troubleshooting steps. If no incident is shown on Google’s own status page, users are generally advised to consider the issue more likely to be local, potentially tied to their own internet connection, browser or device, rather than a broader service-wide problem.

This remains a developing situation, and additional details regarding the precise scope, underlying cause and expected resolution timeline of Friday’s reported Gemini outage were not immediately available. Google had not issued an official public acknowledgment of the disruption as of Friday afternoon, leaving affected users largely reliant on Downdetector and the company’s own status dashboard for updates on whether the issue was continuing to affect the broader user base.

Advertisement
Continue Reading

Business

Detained Delivery Driver Demands Release Of Sealed Evidence In Nancy Guthrie Investigation

Published

on

Hartsfield-Jackson Atlanta Airport

TUCSON, Ariz. — A man briefly detained as a person of interest in the disappearance of Nancy Guthrie is demanding that Pima County investigators unseal the evidence that led deputies to search his family’s home, as a legal dispute over the handling of the case continues to unfold alongside the still-unsolved investigation.

Carlos Palazuelos, 36, a delivery driver, was detained February 10 by Pima County Sheriff’s deputies while authorities searched for leads in the disappearance of Guthrie, the 84-year-old mother of “Today” co-anchor Savannah Guthrie. He was held for roughly seven to eight hours before being released the same day without charge.

Six months later, the circumstances that led investigators to Palazuelos remain unclear, according to his attorney, Jesse Showalter of the law firm Robbins Curtin Millea & Showalter. Showalter told Newsweek he wants the sealed search warrant affidavit made public. “I want to see the search warrant affidavit that was used in order to obtain the search warrant that led to the arrest and the search of his family home,” Showalter said, adding that he wants to understand what evidence investigators presented to a judge to justify the search.

The search warrant used to raid the Palazuelos family home remains under seal, according to Showalter. “Whatever evidence supposedly existed, for the arrest and for the search is secret,” he said, adding that whether the material is ever made public may depend on how ongoing litigation unfolds, since law enforcement agencies frequently seek protective orders to keep sensitive material sealed.

Advertisement

Pima County Sheriff Chris Nanos has defended the decision to seek the warrant, saying investigators had sufficient information to bring the case before a judge. Nanos said in a recent interview that deputies had information suggesting there was a “potential that Nancy’s there, or there’s a potential the bad guy’s there,” which he said was enough for a judge to authorize the search. Nanos has declined to detail that information further or say whether anything was recovered from the home, and the sheriff’s department has said it will not comment on pending litigation.

In late July, Palazuelos and several family members filed a notice of claim seeking a combined $3.25 million from Pima County, a required legal precursor to filing a civil lawsuit under Arizona law. According to the claim, Palazuelos is seeking $2.5 million in damages, with an additional $500,000 sought by his brother-in-law, Daniel Maddox, and roughly $250,000 sought by his mother-in-law and homeowner, Josefina Maddox. The county has 60 days from July 27 to respond to the notice before a lawsuit can formally be filed.

The claim alleges the search warrant was obtained through a sealed application built on “false or baseless evidence,” and that deputies at all times lacked probable cause to believe Palazuelos had committed any crime. According to the notice, deputies followed Palazuelos before stopping him, and when he pulled over to ask why he was being followed, officers pointed guns at him and placed him under arrest. He was held in the back of a patrol vehicle while deputies executed the search warrant at the Rio Rico home. Daniel Maddox, according to the claim, was handcuffed and held under armed guard outside the home during the same operation, while Josefina Maddox is separately seeking damages for property destruction the claim says deputies caused while executing the warrant.

The notice also points to public statements made by Nanos at the time of the detention, alleging that a post on social media describing a “subject” being questioned in connection with the Guthrie investigation left the public impression that Palazuelos was a suspect, an impression the claim says the sheriff’s office has since refused to formally correct. “Despite requests by undersigned counsel, Sheriff Nanos and the PCSD have refused to retract their statements or to make clear that Carlos is innocent and had no involvement in the Guthrie case,” the notice states. In response, the sheriff’s office has said that no one has been formally cleared in the case, describing it as an ongoing and active investigation.

Advertisement

Showalter said he has seen no evidence placing his client near Guthrie’s home at the time of her disappearance, and has questioned publicly why Palazuelos came under scrutiny at all. He has acknowledged investigators may have identified Palazuelos through his delivery routes or similar data, but argued that “just being in the area where a crime occurred doesn’t give you probable cause to arrest somebody.” He has also raised, while stressing it remains speculative, the possibility that license-plate readers or other automated investigative tools may have mistakenly flagged his client’s vehicle.

Nancy Guthrie was reported missing from her home in Tucson’s Catalina Foothills neighborhood on February 1, and authorities have treated the case as a kidnapping since ransom notes tied to the disappearance were later made public. Despite an extensive investigation involving local deputies and federal agents, including the FBI, no suspect has been formally named and no one has been charged. A masked individual seen in doorbell camera footage from Guthrie’s home, sometimes referred to online as “Porch Guy,” remains unidentified. Savannah Guthrie has offered a $1 million reward for information leading to a conviction in her mother’s case.

With the underlying investigation still unresolved and Pima County facing a legal deadline to respond to the Palazuelos family’s claim, the dispute over the sealed search warrant is expected to remain a closely watched side issue in a case that has drawn sustained national attention throughout the year.

Advertisement
Continue Reading

Business

WRU needs to publish evidence underpinning its decision to cut a rugby region

Published

on

Business Live

If individual contributions were made in confidence, redact them. If legal advice must remain privileged, remove it, but just publish

WRU logo.(Image: Huw Evans Picture Agency)

No one disputes that Welsh rugby faces some extraordinarily difficult choices over the next few years, and maintaining the status quo simply because change is difficult is not a credible strategy.

But accepting that change is necessary is very different from accepting that every proposed change is necessarily the right one, and nowhere is that distinction more important than in the decision by the Welsh Rugby Union (WRU) that the long-term future of the professional game should involve reducing the number of regions from four to three.

Advertisement

This would mark one of the most significant structural changes in Welsh rugby since the creation of regional rugby more than two decades ago. It would have implications not only for finances and playing performance but also for supporters, players, communities and the identity of the professional game across Wales.

Most importantly, once implemented, it would be extremely difficult to reverse.

Given this, I would expect any organisation contemplating such a fundamental restructuring to undertake a detailed appraisal before reaching a decision. It should examine the financial consequences of the different options, the assumptions underpinning those projections, the risks associated with each alternative and, critically, what happens if those assumptions turn out to be wrong.

Until recently, it was unclear whether such an appraisal had been undertaken by the WRU and I therefore wrote to chief executive Abi Tierney asking a series of questions about the process that had led the board to conclude that three regions represented the best future for the professional game.

Advertisement

Following further correspondence, we now have a much clearer answer, and it is an important one. Between August and October 2025, the WRU says that it held 32 separate engagement meetings involving a wide range of stakeholders, with each independently minuted and a subsequent report produced for the board.

Alongside this, detailed analysis was undertaken by the executive team and subjected to what the WRU describes as external independent challenge from experts in the field.

More importantly, that work culminated in a formal option appraisal considering a range of options for the professional game, including financial analysis, strategic considerations, an assessment of the principal risks and opportunities, and feedback received through the stakeholder engagement process. It seems that the WRU board considered and approved the appraisal in October 2025, after which it concluded that its preferred long-term strategic direction was a move from four professional regions to three as part of the wider One Wales Strategy.

For those of us who have been asking whether there was a substantive evidence base behind the decision, that clarification is welcome and now what work was undertaken before the Board reached its conclusion. But in answering one important question, the WRU has created another that is arguably even more important.

Advertisement

If this detailed evidence exists, then why can’t Welsh rugby see it?

I am not alone in asking that question, and last week, Scarlets managing director Jon Daniels publicly questioned what he described as the lack of data and transparency surrounding the decision. He argued that a change of this magnitude requires everyone involved in Welsh rugby to understand both the decision and the data used to reach it.

More significantly, he suggested that the Scarlets still did not know the real financial picture and questioned whether every possibility of retaining four professional teams had been properly explored.

So, there is now an uncomfortable contradiction at the heart of this process as the WRU says that a detailed option appraisal was undertaken, containing financial analysis, strategic considerations and an assessment of risks and opportunities. Yet one of the organisations most affected by the outcome says that it still has insufficient visibility of the data used to justify the proposed change.

Advertisement

Those positions are not necessarily incompatible, as consultation can take place without the final analysis being shared, but that is precisely why transparency matters. The WRU has pointed out that some information cannot be shared publicly because it may be commercially sensitive, legally privileged or linked to ongoing negotiations. That is reasonable, but it is not the same as saying the underlying evidence base cannot be shared

If individual contributions were made in confidence, redact them. If legal advice must remain privileged, remove it. If some financial assumptions are commercially sensitive, summarise them. What should remain is the substance of the case and the reasons why three regions emerged as the preferred option.

The WRU has also offered a stakeholder session to explain the work that underpinned the board’s decision and to allow questions, but there is a fundamental difference between being given a presentation and being able to scrutinise the evidence, particularly when we know that the board reached its preferred strategic direction in October 2025.

Yes, boards exist to make decisions, but if one of the regions directly affected is still publicly questioning the evidence and transparency nearly a year later, it is difficult to argue that the case has been sufficiently understood outside that boardroom.

Advertisement

Welsh rugby has experienced enough governance difficulties to know that institutional trust cannot simply be demanded but has to be earned, and openness around major decisions is one of the most effective ways of doing that. There may ultimately be an overwhelming financial and strategic case for three professional regions but, equally, some of the assumptions underpinning that conclusion may prove less convincing when subjected to wider scrutiny.

At present, those outside the board who are affected by this decision cannot make that judgement because they have not been allowed to see enough of the analysis.

Therefore, the next step should be straightforward: the WRU should publish the option appraisal, suitably redacted to protect genuinely confidential information, and allow Welsh rugby to examine the evidence for itself. If it still refuses, member clubs should press for disclosure, as there is simply no longer any reason why it should not be made available.

Indeed, the question is no longer whether the evidence exists but why, if the case for three regions is genuinely compelling, Welsh rugby is still being asked to trust the conclusion without being allowed to properly scrutinise the case behind it. And that simply isn’t good enough.

Advertisement
Continue Reading

Business

Building project ‘in limbo’ after housing firm goes bust

Published

on

Business Live

Walkden tower has been abandoned for months

The abandoned building site in Walkden.

The abandoned building site in Walkden(Image: Kenny Brown / MEN)

A building project in Walkden has been left ‘in limbo’ after the firm carrying out the work went bust.

Advertisement

Building works on the corner of Bolton Road and Manchester Road mysteriously ground to a halt in January and are yet to resume. The plot was supposed to become a five-storey block for the elderly.

Housing 21, a not-for-profit care provider, commissioned social housing developers Alderley Group to build 46 independent living apartments for the over-55s. The planning application was given the greenlight by Salford council in December 2024, and construction on the project started last year.

The half-built steel tower has stood abandoned for several months after Alderley Group was issued a winding up order in January and ordered to liquidate its assets in June.

The websites are now defunct and Companies House is currently processing a statement of administrator’s proposal, which is one of the final stages before a firm is made insolvent or sold off to recoup funds invested by creditors.

Advertisement

According to Housing 21, the plans are still due to go ahead once they find a replacement contractor. But in the meantime, local councillors and residents are worried the ‘eye-sore’ site will attract fly-tipping and anti-social behaviour to the area.

Councillor Sammie Bellamy said: “I’m just so sorry for the residents having to put up with the eyesore. It feels like something we have very little control over but is having a big impact.

“I know it’s already causing issues for the Gill Medical Centre, who overlook the construction site.”

Construction is due to continue eventually, with a road closure order in place across Harriet Street, Manchester Road, and Bolton Road until December 2027. The roads are currently free, but could be blocked off once the construction recommences.

Advertisement

A Housing 21 Spokesperson said: “We can confirm work on the site has been temporarily paused whilst we source a replacement contractor to deliver the scheme. We are keeping all interested parties updated with progress and would like to thank everyone for their patience and understanding.”

A Salford City Council spokesperson said: “We understand the concerns that residents have raised about this site. We will continue to keep the situation under review and work with relevant parties where appropriate and take the necessary action to help protect the local environment and support the community.”

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

Advertisement
Continue Reading

Business

US stock: S&P 500 ends lower as investors weigh data, Middle East tensions

Published

on

US stock: S&P 500 ends lower as investors weigh data, Middle East tensions
The S&P 500 closed lower on Friday, dipping from a record high and weighed down by Applied Materials, while investors digested weaker-than-expected retail sales data. Applied Materials fell after its upbeat quarterly forecast failed to impress investors. The chip equipment maker’s shares have doubled in 2026 due to strong demand related to the buildout of AI data centers.

With investors nervous about high valuations ‌of AI-related stocks that ⁠have soared ⁠in recent years, chipmakers including Broadcom and Intel also dropped on Friday.

“A lot of the drivers in the market right now are around various parts ​of AI, and (Applied Materials) is an example of a company that had a ‘beat and raise’ but expectations were high and so the stock ​sold off,” said Thomas Martin, senior portfolio manager at GLOBALT Investments in Atlanta. Transit through the Strait of Hormuz appeared at a near standstill after two more ships were attacked there and the United States said it could maintain a naval blockade ​of Iran indefinitely. Those developments added to pessimism after a senior Iranian source said on ⁠Wednesday there ‌had been no progress in talks to build on a June agreement to end the ​war.

The S&P 500 energy index rallied, tracking higher oil prices. Reddit surged after the social media company was named a new ⁠addition to the S&P 500 index, effective August 18. July retail sales data came in weaker than expected, after an unrevised 0.2% gain in June, the Commerce Department’s Census Bureau said.

According to preliminary data, the S&P 500 lost 13.41 points, or 0.17%, to end at 7,785.58 points, while the Nasdaq Composite lost 73.86 points, or 0.28%, to 26,729.16. The Dow Jones Industrial Average fell 108.53 points, or 0.20%, to 53,732.53.While inflation related to high oil prices remains a concern, recent economic data has investors mostly expecting the Federal Reserve to hold interest rates steady at its September meeting. Traders see a 67% chance the Fed will keep rates unchanged at the September ‌meeting, with a 33% chance of a hike, according to CME’s FedWatch.
The University of Michigan’s preliminary consumer sentiment survey came in at 51 in August, below expectations of 54.5, according to economists polled ​by Reuters.
The aggregate earnings of S&P 500 companies have ⁠surged 52% in the second quarter, with much of that gain coming from Amazon , Microsoft and other AI heavyweights, according to LSEG.

With the S&P 500 trading just below record highs, the index is valued at about 20 times expected earnings. That is up from about 19 at the end of July and below 22 at the start of 2026. Workday dipped. The stock soared 18% on Thursday after Reuters reported that private equity firm Silver Lake was in talks to acquire the software firm. Shares of some drone makers gained after President Donald Trump said late on Thursday he would impose tariffs on imports of drones and their components. Red Cat and Unusual Machines both jumped.

Advertisement
Continue Reading

Business

New York Fed finds delinquency rates mixed for credit cards, auto loans

Published

on

Raise your credit score in 30 days: Expert shares quick fixes to cut stress

New data from the Federal Reserve Bank of New York found that while overall delinquency rates improved for overall debt burdens, new delinquencies rose slightly for auto loans and mortgages and remained elevated for credit cards.

The New York Fed found that aggregate delinquency rates improved in the second quarter of 2026, with 4.7% of outstanding debt in some stage of delinquency.

Advertisement

“Delinquency rates across most products have held steady over the past two years,” said Joelle Scally, economic policy advisor at the New York Fed. “Still, new delinquencies for auto loans and credit cards remain at elevated levels, a trend we’ll continue to monitor.”

Credit card debt that is over 30 days delinquent has remained relatively steady at about 9% of outstanding balances since it reached that level in 2024, while auto loans are at about 8% and mortgages around 4%.

INFLATION COOLED IN JULY BUT REMAINED ELEVATED AS FED WEIGHS RATE HIKES

Person hands credit card to cashier

Credit card delinquencies have remained relatively steady in recent years. (David Paul Morris/Bloomberg via Getty Images)

For debt flowing into serious delinquency, which is defined as 90 days or more past due, those transitions have held relatively steady over the past year but have edged slightly higher.

Advertisement

Credit card delinquencies were slightly higher than a year ago, rising from 6.93% to 6.97% when comparing the second quarter of 2025 to 2026, respectively.

The share of auto loans that entered serious delinquency also rose over that period, rising from 2.93% to 3% when comparing the second quarter of 2025 to 2026. Mortgages entering serious delinquency also ticked higher from 1.29% to 1.52% in that period.

AUTO LOAN REFINANCING: HOW IT WORKS AND WHEN IT COULD SAVE YOU MONEY

A couple talks with a car dealer after they purchased a new vehicle.

Auto loan delinquencies ticked slightly higher in the latest quarter. (iStock)

Student loans were a notable exception, with the resumption of reporting defaulted student debt causing some distortions after the pandemic era pause on defaults concluded.

Advertisement

When excluding charged-off debt, new credit card delinquencies have been at around 3% of balances since 2024, with the most recent reading at 2.95%. Credit card debt that reached 90 days past due accounted for 6.97% of the balance in the latest quarter, while those that are beyond 90 days past due were at 2.3%.

The New York Fed noted in its analysis that, from the third quarter of 2022 to the first quarter of 2026, the percentage of credit card balances that were more than 90 days delinquent increased from 7.6% to 12.8%.

FED DISSENTERS WARN INFLATION COULD BECOME ENTRENCHED WITHOUT MONETARY POLICY TIGHTENING NOW

Person tapping credit card on reader

The New York Fed noted that credit card delinquencies are at an elevated level despite being relatively stable in recent years. (Brent Lewin/Bloomberg via Getty Images)

That stock figure includes charged-off debt, the inclusion of which was noted by economists as differing from the flows into delinquency that reflect a relatively steady level of consumer health.

Advertisement

New York Fed economists said they found the “stock delinquency rate is rising because of a pool of stale, charged-off debts that lenders have been reporting for longer durations, rather than a fundamental worsening in the incidence of delinquency.”

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Continue Reading

Business

Braskem S.A. (BAK) Q2 2026 Earnings Call Transcript

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Good morning, everyone, and thank you for waiting. Welcome to Braskem’s Second Quarter of 2026 Results Conference Call.

With us here today, we have Mr. Helcio Tokeshi, Braskem’s CEO; Mr. Carlos Brandao, Braskem’s CFO; and Mrs. Rosana Avolio, Investor Relations, Strategic Planning and Global Market Intelligence Director.

We inform you that this event is being recorded. The presentation will be held in Portuguese with simultaneous translation into English. All participants can choose which language to listen to and see the presentation using the show captions and view options button respectively. After Braskem remarks, there will be a Q&A session. Please be advised that questions must be sent through the Q&A button. I will now repeat the same instructions in Portuguese.

Advertisement

We inform you that this event is being recorded. The presentation will be held in Portuguese with simultaneous translation into English. All participants can choose which language to listen to and see the presentation using the show captions and view options button respectively. After Braskem remarks, there will be a question-and-answer session. Please note that questions should be submitted in writing through the Q&A button.

The audio of this event will be available on the Investor Relations website after it ends. We remind you that the participants will be able to submit questions to Braskem, which will be answered after the end of this conference by the RI (sic) [ IR ] department.

Before proceeding, we would like to clarify that any statements that may be made during this conference call regarding Braskem’s business prospects, projections, operational and financial goals are beliefs and

Advertisement
Continue Reading

Business

WeWork Global sells 2.5% stake in WeWork India Management for Rs 244 crore

Published

on

WeWork Global sells 2.5% stake in WeWork India Management for Rs 244 crore
WeWork Global on Friday divested a 2.5 per cent stake in flexible workspace operator WeWork India Management for Rs 244 crore through open market transactions.

According to the block deal data on the BSE, WeWork Global through its affiliate, 1 Ariel Way Tenant Ltd, offloaded 35 lakh equity shares in five tranches, representing a 2.52 per cent stake in WeWork India Management.

The shares were disposed at an average price of Rs 697.55 apiece, taking the combined transaction to Rs 244.14 crore.

After the latest transaction, 1 Ariel Way Tenant Ltd’s holding in WeWork India Management declined to 12.3 per cent from 14.82 per cent.

Advertisement

Despite the stake sale, WeWork Global through its arm will remain the largest public shareholder in the company.


Meanwhile, Motilal Oswal Asset Management Company Ltd PMS, Motilal Oswal Mutual Fund (MF), ICICI Prudential MF, HDFC Standard Life Insurance Company Ltd, and Citigroup Global Markets Mauritius bought an equal number of shares at the same price.
Shares of WeWork India Management fell 1.57 per cent to close at Rs 707.80 apiece on the BSE.In July, WeWork India reported a consolidated net loss of Rs 4.30 crore for the first quarter of this fiscal year due to higher expenses.

The company had posted a net loss of Rs 14.10 crore in the year-ago period.

Its total income rose to Rs 700.74 crore during the April-June quarter of this fiscal year from Rs 545.71 crore in the corresponding period of the preceding year.

In 2017, WeWork India began as a joint venture between WeWork Global (US-based WeWork Inc) and Embassy Group. After WeWork Inc filed for Chapter 11 bankruptcy in the US, it moved to sell off its India stake entirely.

Advertisement

WeWork India is majority-owned and promoted by Embassy Group, and is the exclusive licensee of the WeWork brand in the country.

Continue Reading

Business

South Korea’s Kospi Enters New Bull Market

Published

on

South Korea’s Kospi Enters New Bull Market

South Korea’s Kospi index entered a bull market again today, defined as a 20% rise from a recent low. Since the index’s recent bottom on July 30, it is up nearly 22%, including Thursday’s 3.6% gain. That is a quick turnaround: Its launch back into a bull-market territory happened over just 10 trading sessions.

Continue Reading

Business

FTSE 100 Falls For A Fifth Straight Session As Mining And Pharma Stocks Weigh On London

Published

on

Tesla's robotaxi launch in Texas comes as Elon Musk focuses on his business ventures following his stint in Washington

LONDON — Britain’s benchmark FTSE 100 index closed lower Friday, extending its losing streak to a fifth consecutive session, as weakness in mining and pharmaceutical stocks offset an initially positive open driven by cooling U.S. inflation data.

The index closed down 22.56 points, or 0.21%, at 10,750.11. Trading ranged between a session high of 10,789.71 and a low of 10,723.66, following a previous close of 10,772.67. The FTSE 250, which tracks a broader set of mid-cap companies, moved in the opposite direction, ending up 29.71 points, or 0.1%, at 24,867.42, while the AIM All-Share index closed slightly higher at 800.92.

Friday’s session began on a stronger note, with London stocks initially set to open around 0.3% higher after Wall Street closed at fresh record highs overnight. That optimism followed a softer-than-expected U.S. inflation reading, which eased concerns about the Federal Reserve pursuing further interest rate increases and helped lift global risk appetite heading into the European trading day. The FTSE 100 briefly climbed as high as 10,846 in early trading before steadily giving back those gains through the rest of the session.

Mining stocks emerged as the primary drag on the index. Antofagasta led the declines, falling more than 3.7% after the company cut its copper production outlook, according to Trading Economics data. Fellow miners Glencore, Fresnillo and Endeavour Mining all declined by more than 2%, while Anglo American slipped roughly 1.8%, as weaker industrial metal prices weighed broadly across the sector. Pharmaceutical stocks added to the pressure, with AstraZeneca and GSK both falling more than 2%, ranking among the session’s steepest individual losses.

Advertisement

Not every part of the market moved lower. The Sage Group, Experian and Relx were among the day’s top performers, posting gains of 3.92%, 3.81% and 2.69%, respectively. Energy stocks also showed relative resilience, with Shell and BP trading slightly higher as oil prices remained supported amid ongoing tensions tied to the broader U.S.-Iran standoff, which continued to weigh on sentiment even as Friday’s specific market moves were driven more directly by the mining and pharmaceutical sectors.

David Morrison, senior analyst at Trade Nation, said Friday’s decline capped off an underwhelming week for London shares, one that left analysts debating whether the pullback reflected typical seasonal thinness in summer trading or something more significant. “It looks as if momentum on London is picking up to the downside,” Morrison said, pointing to the accumulating losses across the week as a signal worth watching closely in the sessions ahead.

For the week overall, the FTSE 100 finished down 1.4%, a notable pullback for the index following a stretch of relative stability. The FTSE 250 posted a modest weekly gain of 0.1%, while the AIM All-Share climbed 0.3% over the same period, reflecting a divergence between the large-cap index, weighed down heavily by its outsized exposure to mining and commodity-linked stocks, and the broader market.

Friday’s session also unfolded against the backdrop of fresh UK economic data, with investors continuing to digest the latest gross domestic product figures released earlier in the week. Weakness in the mining sector had already been a recurring theme across the preceding sessions, with Thursday’s trading also dragged lower by declines in the same group of resource-linked stocks even as broader UK GDP data offered a mixed picture of domestic economic momentum.

Advertisement

The FTSE 100’s struggles this week stand in contrast to the record-setting run enjoyed by U.S. markets over the same period, with the S&P 500 closing at a fresh all-time high Thursday after clearing the 7,800 mark for the first time in the index’s history. That divergence highlighted how sector composition has shaped each market’s performance differently in recent sessions, with London’s heavier weighting toward mining, energy and pharmaceutical companies leaving the index more exposed to commodity price swings and company-specific earnings disappointments than the more technology-heavy U.S. benchmarks.

Looking ahead, market participants are likely to continue monitoring commodity prices, particularly industrial metals, along with any further developments in the geopolitical situation surrounding Iran and its potential impact on oil markets, as key factors likely to shape the FTSE 100’s performance heading into the following week. With the index having now logged losses in five straight sessions, investors will also be watching closely for any signs of stabilization once the current run of company-specific pressures, particularly within the mining sector, begins to ease.

Continue Reading

Trending

Copyright © 2025