Royal Bank of Scotland boss Ross McEwan will give up half of his £1m allowance to charity February 25, 2016 Royal Bank of Scotland's chief executive Ross McEwan is to give up half of his £1m allowance to charity for the third year in a row amid an annual pay row at the bank. McEwan is to make the announcement tomorrow, according to Sky News, despite the confidence extended to him from City investors and his [...]
RIBA’s new exhibition looks at how architects have rebuilt cities destroyed by natural disasters February 25, 2016 Nobody knows how many people died in the fire. Six deaths were recorded, but many were thought to have been incinerated beyond recognition and many more cooked alive in temperatures exceeding 1,700 degrees Celsius. The streets resembled the lower circles of hell and the Great Fire, as it became known, was the second tragedy to [...]
Estate agents let loose with Simon Cowell’s property mogul brother Nick Cowell at Estate Office’s 30th anniversary gala ball February 25, 2016 He may have gone down the property route rather than into the glitzy world of showbiz like his brother Simon, but property mogul Nick Cowell had the moves like Mick Jagger at Estate Office's glamorous 30th anniversary gala. Cowell, head of property firm Cowell Group, which owns Estate Office, brought real estate bosses and rugby legends together on Wednesday [...]
Sterling keeps clear of hitting 30-year low February 25, 2016 Sterling held its ground today, managing to steer clear of a 30-year low against the dollar. The pound spiked at $1.3996, a climb of around half a per cent on its value at the start of the day. However, if later fell back to $1.3920. The pound has fallen sharply this week after London Mayor [...]
Red tape workers rejoice: Compliance salaries rose sharply during 2015, as employers also increased the number of lawyers on their payrolls February 25, 2016 Those working in compliance had reason to celebrate last year as salaries shot up for red tape focused roles, according to research out today. Morgan McKinley's 2016 UK Salary Guide has revealed that salaries in compliance roles shot up 20 per cent in 2015, while those in particularly niche positions saw their pay packets rocket by as [...]
Brent crude and WTI: Oil prices fall further as oversupply concerns grow February 25, 2016 Oil prices fell further today after new data stoked concern that the supply glut is continuing to build against a backdrop of slowing global growth. Brent crude, the global benchmark, added to earlier losses shedding 1.69 per cent to $33.83 per barrel. Meanwhile, West Texas Intermediate crude, the US benchmark, fell 2.27 per cent to $31.42. U.S. government data showed [...]
This is where hazardous hoverboards go to die as the dangerous devices are destroyed February 25, 2016 Has a gadget ever fallen from grace so fast? From zero to hero and back again, and not even able to jump on the must-have Christmas toy bandwagon, the so-called hoverboard (but actually a self-propelled scooter) became the must-ban device of last year. Its flash in the pan status was run off course earlier than expected after sparks [...]
Eurozone money supply and lending pick up in January February 25, 2016 Lending and money supply growth in the Eurozone picked up in January, according to figures published by the European Central Bank this morning. Borrowing by households climbed 1.4 per cent compared with the same month last year, the same rate as in December. However, lending to non-financial corporations bounced back to 0.6 per cent growth from 0.1 [...]
We profile five young developers that are shaking up the UK property industry February 25, 2016 The free-thinking “millennial generation” could be our most entrepreneurial age group. Having pushed the boundaries of communications and technology, many are now challenging traditional businesses, including property development, and are making a significant mark. They may be young, but the self confidence and business sense of the five developers profiled here has helped them deliver [...]
City Living: Kenmont Gardens in Kensal Rise is the most impressive church conversion you’ve ever seen February 25, 2016 A lot can change in ten years. Chamberlayne Road, the jugular vein of Kensal Rise that pumps all life between Ladbroke Grove and Willesden Green, was once the drive-by-shooting capital of London. Now, it’s packed with pubs, music venues, boutiques and restaurants and the surrounding streets are populated by a host of celebrity admirers and [...]