Recently announced changes to government regulation concerning the taxation of UK commercial property holdings for overseas companies and non-residents have led several UK listed property companies to take on REIT status. Andrew Dewhirst, Picton's finance director, explains what is behind the move.
We had been aware of the government's plans for non-resident companies to be brought within the scope of UK corporation tax in respect of their UK property income for some time, but the industry was taken...
Retail companies could exceed expectations
Debt has become the opioid crisis of the global economy.
Bond investors spent most of last year transitioning towards a more fundamentally driven approach to selecting assets.
There is something strange going on in Europe according to some commentators - the market has rallied aggressively post the trade war-induced sell-off in the fourth quarter of 2018.
We expect to see continued market volatility and macroeconomic uncertainty in the UK throughout 2019, not least due to Brexit.