City hiring spree to drive office squeeze April 14, 2011 LONDON-BASED banks will need an extra 1.6m square feet of space by 2014 to accommodate an expected hiring spree, research out today claims. “To put this into perspective, this is the equivalent of four extra Shards or five extra Heron Towers – good news for the City in particular as this is where most of [...]
Clegg being too simplistic on interns April 5, 2011 SO Nick Clegg wants to discourage unpaid internships, which he believes entrench privilege. It is indeed desperately important to make it easier for children from poorer backgrounds to get on in life. But Clegg’s broader arguments are overly simplistic and could actually end up reducing, rather than increasing, opportunities. It is much harder for poor [...]
Heron Tower rent hunt hots up as McDermott moves in March 27, 2011 US LAW firm McDermott Will & Emery becomes the first tenant to move into the Heron Tower on Bishopsgate today, kicking off a new round of marketing to fill the remaining 37 floors. McDermott is moving into the eighth and ninth floors of the 46-storey skyscraper, taking 25,000 square feet of space for a rumoured [...]
A moratorium on building is certain to choke growth March 16, 2011 IF you are ever tempted to complain that London is too crowded, just reflect that it would be much worse if it were the opposite – deserted. One of the best indicators of how well a city is doing is its population. People move to thriving cities, and leave struggling ones. So many people have [...]
London architect finds record height March 6, 2011 LONDON-based architect group Farrells has hit a new record-breaking high with the topping of the Kingkey Finance Tower in China. The 100-storey skyscraper stands at 441 metres (1,440ft) and is the tallest building designed by a British architect to date towering over any construction in the UK. The Kingkey tower is twice the height of [...]
WSP Group profit falls February 28, 2011 Building and environmental consultancy WSP Group yesterday posted a 24 per cent fall in its full-year pre-tax profit, as government spending cuts led to a weak performance at its transport business. The company, whose projects include the Shard and the World Trade Center Memorial in New York, also expects the UK market to remain subdued [...]
CITY EYE February 22, 2011 WINDOW cleaners Lee Mason (left) and Paul Wright pause for a break in their cleaning gondola outside the 50th floor of the One Canada Square skyscraper, the London home of Bank of New York Mellon and NYSE Euronext, on 8 February 2011. It takes a month to clean all the windows on what is currently [...]
Insurer JLT to shun City skyscrapers February 13, 2011 INSURANCE broker Jardine Lloyd Thompson is close to signing for office space in a new development at 80 Fenchurch Street, industry sources have told City A.M. The insurance firm, which is currently based at 6 Crutched Friars, had been linked with flagship City towers including the Cheesegrater, but is now understood to have ruled out [...]
Bale and Wahlberg fight for the top February 3, 2011 Film Review THE FIGHTER Cert: 15 THE FIGHTER is a snapshot in the lives of two real-life boxing brothers from Lowell, Massachusetts. Micky (Mark Wahlberg) is thoughtful, the wrong side of 30, and watching his dreams of Welterweight domination slowly slip away. His older brother Dicky (Christian Bale), is long-retired. Back in ‘78, he floored [...]
Eastern promise: a lesson in meat January 31, 2011 Actually, the menu at this hipster’s paradise has a good deal more than meat to offer people with appetite 49 Columbia Road, E2 7RG Tel: 020 729 5692 FOOD SERVICE ATMOSPHERE Cost per person without wine: £35 WALK past Terroirs on King William IX Street any night of the week and it’s stuffed to the [...]