Friday, December 06, 2024

Wiltons still going strong as one of London's oldests restaaurants


Wiltons is most known for its oysters which one would expect as George William Wilton first opened his shellfish mongers close to Haymarket in 1742.

"It is located in Jermyn Street in the heart of London’s St James’s, is one of London’s oldest restaurants and is steeped in elegance and tradition. 

Tuesday, December 03, 2024

EU house prices up by 48% in less than 10 years

In less than 10 years, between 2015 and 2023, house prices in the European Union (EU) on average rose by 48%.

The biggest increase is marked in Hungary, where prices rose 173%, and the lowest in Finland, with just 5%.

Juho Keskinen, a Finish economist, has said that the capital region of Helsinki rose to levels that are unattainable for many low and middle-income earners.”

The situation is a consequence of both wage growth and house price decreases, according to Keskinen.

"In regions where house prices have risen only modestly for an extended period of time – namely, regions outside the largest population centres – the main determining factor has been wage growth.

In Helsinki, Tampere and Turku, for example, house prices have seen more dramatic increases, as well as decreases, in recent decades."