Bloomberg Discussion of house prices has long been a national pastime in Britain, and it’s little wonder. Land accounted for 51 percent of the UK’s net worth in 2016, far more than in any other measured Group of Seven country, the Office for National Statistics said on Wednesday. In Germany, the figure was as low as 26 percent and the ...

Bloomberg Steinhoff International Holdings NV ex-Chief Financial Officer Ben La Grange blamed departed leader Markus Jooste and auditors including Deloitte LLP for the retailer’s accounting scandal, saying he became aware of any wrongdoing only days before the crisis erupted. In his first public comments since being suspended by the company, La Grange said Steinhoff’s financials were corrupted by third-party transactions ...

Bloomberg Renault SA is betting on a sustained recovery in Russia’s car demand, unveiling a sleek coupe-style sport utility vehicle in Moscow that’ll be manufactured in the French carmaker’s second-biggest market. The Arkana coupe-crossover, due to first go on sale in Russia next year, will help to expand the manufacturer’s offering of popular SUVs such as the Kadjar or Koleos, ...