Helen Nugent

Buy-to-let, food prices, crowdfunding and pensions

Buy-to-let purchases have plummeted, according to The Telegraph. In the year that the Government increased stamp duty by 3 per cent for landlords, research by the estate agency Haart shows that the number of properties sold to buy-to-let investors dropped by 63.7 per cent, falling by 8.2 per cent last month alone. In London, the number of such properties sold fell by 40 per cent. It also reported that the number of landlords registering to buy properties is down 59.2 per cent annually.

Food prices

Food prices will go up without continued access to EU workers, 30 food and drink associations have warned.

In a letter published in The Guardian, they argue that EU workers play an important role in the supply chain and some are already starting to return home. It called on the Government to offer ‘unambiguous reassurance’ about their right to remain. Crowdfunding

Stricter rules are required to protect investors in crowdfunding platforms, the City watchdog has said.

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