October 30th, 2015
Farmland sales and prices fall
Farmland prices have fallen back in the UK, according to new figures from Strutt and Parker.
Arable land in England fetched an average price of £10,242 per acre in Q3 2015, down from £11,263 in Q2 2015. Nonetheless, values remain at historic highs, pricing buyers out of the market and causing both farmers and investors to be more cautious and selective.
The slowdown is echoed by separate figures from Knight Frank’s farmland index, which showed that average price of English farmland has only edged u…
October 23rd, 2015
Demand for diamonds softens
Demand for diamonds is softening, according to new reports, with production falling as a result.
The dip in demand has been attributed to both a credit crunch within the industry and falling interest in jewelry in China, the second biggest market in the world. Companies are responding by lowering production levels: Anglo American Plc was relying on diamonds to make up for the shortfall in other assets such as platinum and copper, for example, and has therefore cut production. The company, which owns 85 per …