Page 3 - Peter Arnold News Today

London returned to its top spot as Europe's most important destination for foreign direct investment (FDI), new figures show.

In an upbeat survey published today, the Institute of Directors said its economic confidence index is at its highest level since May last year.

The building society said the typical property value fell for the second month in a row in April.

UK property prices fell by 0.4% month-on-month in April

The UK manufacturing sector shrank last month, a closely-watched survey showed on Wednesday, as supply chain disruption hit home.

As mortgage costs rise, UK house prices have experienced their sharpest decline in eight months ahead of impending elections.

Mortgage approvals continued to rise in March, official data released on Tuesday showed, to reach an 18-month high.

London markets closed in the red on Tuesday, turning weaker during the afternoon to mirror the decline in Wall Street equities, as investors monitored the start of the Federal Reserve's two-day policy meeting.

The Arnolds had been seeking a new home where the 12 foot by 5 foot artwork can be appreciated by the public, remain accessible to scholars and be preserved for posterity.

A scholarship fund created by Virgil Abloh will be expanded during the year to give more students financial backing.