Growth in a time of cuts
Posted by: Titlesolv
With everyone's eyes focused on Brexit and its complexities, along with US President Donald Trump's decision to withdraw from the Paris Agreement, it is easy to overlook the fact that the renewables sector is booming.
Hanging tough
Posted by: Titlesolv
Concluded in late June, Theresa May's deal with the DUP for a 'confidence and supply' arrangement within the House of Commons has attempted to bring a degree of certainty to an otherwise uncertain climate. Following calls for the Prime Minister to resign after a very disappointing General Election result, it seems that Theresa May's position has been bolstered for the time being.
Remortgages rise post-Brexit
Posted by: Titlesolv
Figures published by the Bank of England in the summer confirmed the predicted slowdown in the property market and subsequent fall in mortgage applications following the Brexit vote. This was in addition to the stamp duty increase on buy-to-let properties in the last Budget. In contrast however, the popularity of remortgages grew; increasing by 6% from June to July this year.
Funding dilemmas
Posted by: Titlesolv
The post-Brexit property market is proving to be unpredictable with all involved taking precautionary steps to guard themselves against any potential longer-term fallout. Following three years of growth the housing market had already been slowing in the months leading up to the referendum. The result certainly did not improve its fortunes. Perhaps unsurprisingly in the aftermath of the referendum result, the FT reported that homebuyers were now ?assessing the potential impact of the vote on house prices?.
Renewable Perspectives
Posted by: Titlesolv
Since the decisive Conservative win in the general election, the government has taken a very firm stance on environmental policies, and renewables in particular. In August it launched a consultation paper on feed-in tariffs with proposals to cut them by 87% from 2016. Businesses who have invested in solar farms are likely to be hardest hit by these proposals, as the government plans on removing incentives for large schemes (between 1 and 5 MW).
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