Mortgage approvals for house purchases have surged to their highest levels since the mini-budget in July, signaling a strong rebound in the housing market. The increase in approvals indicates growing confidence among buyers and a desire to take advantage of the stamp duty holiday. This trend reflects the ongoing recovery in the property sector and suggests a positive outlook for the housing market in the near future.
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Delaware Law Has Entered the Culture War
The corporate law world, typically insular, has become a battleground due to Elon Musk's clash with the Delaware Chancery Court and subsequent moves by Dropbox and Meta to change their incorporation locations. The issue of minority shareholder influence in controlled companies has been amplified as founders like Musk voice their opinions. Delaware's economy and politics are at stake as businesses consider moving away from the state, prompting legislative changes and potential concessions to retain corporate...
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