The rise of the London Village January 16, 2014 IT SEEMS these days everyone wants their slice of village life, even if they live and work in the heart of the city. The Big Smoke has always been made up of distinct neighbourhoods with their own character and lifestyle, but the idea of the London Village has really taken hold in the public imagination [...]
Focus on Marylebone: Where Holmes meets luxury homes January 16, 2014 HOUSE prices in Marylebone have risen by 28.5 per cent in the last five years and the trend looks set to continue, according to statistics from property website Zoopla. “We anticipate that within the next five years, prices in Marylebone, NW1, will increase by up to 25 per cent as the area benefits from further [...]
Tower furnished with high hopes January 16, 2014 West London has a new sky-scraper. Designer Paul Dawson discusses his inspirations LAST month, interior designer Paul Dawson looked out over south west London from a building he had been building in his mind’s eye for nine years. Dawson and his 12-strong team at Honky Interiors, which caters for private clients as well as major [...]
Private View: On the market in Marylebone this week January 16, 2014 DEVONSHIRE PLACE MEWS, W1 £5.5m Tucked away just off Devonshire Street, this five bedroom house is spread over four floors. It features a large entrance hall, an open plan kitchen, a garage and a roof terrace. It’s located moments away from Marylebone High Street. Regent’s Park is also nearby and transport links from Marylebone and [...]
Goldman staff left in the dark as bank holds out on salary updates January 16, 2014 Goldman Sachs has deferred decisions on its European-based employees' salaries for 2014. The bank, which normally would have told employees their new salaries alongside the announcement of its financial results, will instead communicate this towards the end of the month. The bank has decided to change its pay structures ahead of new EU bonus rules [...]
Osborne threatens job growth with suggestion of minimum wage hike to as much as £7 January 16, 2014 Chancellor George Osborne has suggested that the national minimum wage could rise to £7 an hour. That'd be a hefty increase from the current rate of £6.31 an hour for workers aged 21 and over. It's also worrying for an economy that's only just started recovering. A hike of that magnitude – 69p per hour [...]
Michael Fallon welcomed as new minister for Portsmouth by local MP January 16, 2014 Business minister Michael Fallon has been announced as the new minister for Portsmouth, prompting calls from other towns and regions across the UK for their own dedicated member of the government. Fallon’s role will see him visit the area and work to lessen the impact of a recent decision by BAE Systems to close a [...]
Boris let loose on London in a green cab January 16, 2014 (Laura Lean/City A.M.) Boris Johnson took a spin in a new, green black cab this lunchtime as he announced plans to force new taxis to operate with zero-emissions by 2018. The mayor of London, who has admitted in the past that his driving skills are awful (see the video below), took the white Metrocab for [...]
How Goldman Sachs led one man to breakdancing glory January 16, 2014 B-boy Silverback. That's the breaking name of Steve Graham – a 55-year old private equity exec who learnt his dancing skills while an analyst Goldman Sachs in the early 1980s. Graham, who runs Philadelphia-based Graham Partners, was originally known as "Vanilla Shake", in days that preceded the advent of Vanilla Ice, reports Business Insider. Back [...]
Warnings that London property is over-priced as investors battle for assets January 16, 2014 The war is on to get hold of the best property assets in London and for many investors that means moving up the risk curve and taking on more development projects than before, according to research by PwC and the Urban Land Institute. The survey of 500 property professionals revealed that 71 per cent of [...]