Why are luxury goods reporting such large increases in sales figures, what impact has Expo 2020 had on Dubai property and will the 4-day working week become a reality in the UK? Explore the weeks’ hottest topics in Thirlmere Deacon’s Friday News Bulletin.
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#4dayworkweek
The 4 day working week trial has begun in the UK with around 30 companies across the country joining a pilot scheme. With a strong hustle culture, will the four-day workweek actually succeed in the UK? Read more.
World
Luxury goods are reporting record sales figures, with fine jeweller Cartier reporting a 30% increase in sales over the last 3 months of 2021 when compared to the previous year and Prada sales being 8% higher in 2021 than pre-pandemic levels. What is fuelling the surge in spending on luxury goods? Read more.
Lifestyle
Over the next 12 months there are several cultural ‘must-see’ events taking place from an exhibition of Cezanne’s greatest work to a retrospective of men’s fashion. These are the unmissable exhibitions to visit in London this year. Read more.
Whether we’re now working from home all week or adopting a hybrid work pattern, having a good chair from which to work has an impact on productivity – it might be time to invest in something for the long run. These are the best ergonomic office chairs for sitting comfortably all-Zoom long: Read more.
“Investing should be like watching paint dry or watching grass grow. If you want excitement…go to Las Vegas.”
Investing and gambling are two very different things and should not be confused. Taking a long-term approach to property investment will reap the greatest rewards.
UK Property
Rents have been rising at their highest level in 13 years as the number of tenants looking for homes has outstripped the number of properties available. The latest data has uncovered that UK property rents are rising at fastest ever rate, with rents outside of London having risen over 10% in the past 12 months: Read more.
Dubai Property
Expo 2020 impact expected to last for the long term as more foreign investors are foraying into the property market. It’s been reported that areas closest to the global fair site are now performing exceptionally well. How Expo 2020 is shaping up the Dubai property market: Read more.
Have a great weekend!