Skyscrapers to surge in building boom May 20, 2010 LONDON office space has been the subject of much consternation amongst the financial elite. The recession caused office construction to grind to a shuddering halt as firms battened down the hatches and waited for the worst to pass. As the economy shifted into growth, the construction industry lagged behind and office rates crept up. Prime [...]
OUT OF OFFICE April 13, 2010 HAIR COMES TO THE WEST END Back in the age of flower power and the sexual revolution, James Rado and Gerome Ragni’s counter-culture musical was a defining cultural event. Its recent Broadway revival has been an award-laden smash hit and the production has now come to London with the full, tie-dyed Broadway cast. Until 25 [...]
CITY EYE February 11, 2010 CITY workers toast their fundraising efforts for the SOS Children’s Haiti Appeal yesterday evening at Leadenhall Market, after donning antiquated headgear for the second annual Bowler Hat Day. The event saw a number of Square Mile grandees taking part, including Cardew Group chairman Anthony Cardew and Strand Hanson chairman and chief executive Robert Hanson and [...]
Hammerson buys Leadenhall Court for £65m June 11, 2010 PROPERTY company Hammerson has agreed a deal to buy London office building Leadenhall Court for £65m. The property, on the corner of Gracechurch Street and Leadenhall Street, is part of the portfolio securing the failed White Tower 2006-3 plc commercial mortgage backed security issue. The 109,000 sq feer building is one of nine put on [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
Best City spots for a winter warmer November 18, 2009 When there’s a nip in the air, there’s nothing quite like getting your mitts around a nice, hot glass of mulled wine. In these days of online shopping and alternative Queen’s speeches, not a lot remains of the traditional Dickensian Christmas – so when you see a spot of hot wine infused with spices, you [...]
CITY A.M. CELEBRATES A BIRTHDAY IN STYLE October 25, 2009 The Capitalist has been a regular guest at City parties over the past year, but it’s fair to say that none instilled a sense of pride quite like entering The Lamb pub in Leadenhall Market on Friday lunchtime. Friends, colleagues and supporters of City A.M. gathered at the pub – itself a beacon of Square [...]
EX-BANKER TO LAUNCH ART FUND VENTURE November 29, 2009 REGULAR readers may remember Nasser Azam, the former equities and derivatives trader at Merrill Lynch who swapped his high-flying City career for life as a humble artist. But it seems Azam has discovered a way to combine his twin passions, having just launched a new art investment fund called the Azam Collection. Actually, it isn’t [...]
NEW BOSS NORMAN PREPARES TO BRING THE ROMANCE BACK TO ITV November 18, 2009 THE market has roundly welcomed ex-Asda boss and former Tory MP Archie Norman’s appointment to the chairman’s seat at ITV, but has anyone considered the most pressing question it throws up for the broadcaster? Allow me to explain. Back in Norman’s retail days, perhaps the most exciting new initiative at Asda was the introduction of [...]