A third bolt just snapped on the Leadenhall building, aka the Cheesegrater January 14, 2015 Not a great couple of weeks for the capital's skyscrapers. After Londoners discovered their promised "park in the sky", aka the Walkie Talkie's Sky Garden, will be ticketed – and moaned vociferously about it – another bolt has snapped on close neighbour the Cheesegrater. That's the third to break so far. Eeeek. British Land, the [...]
Watch: Exclusive look inside the Walkie Talkie’s Sky Garden January 13, 2015 After many moons of waiting, the Walkie Talkie's Sky Garden was launched to the public yesterday. At 38 storeys high, the garden was one of the conditions of the Walkie Talkie's (or 20 Fenchurch Street, to give it its correct name) planning permission, but it's received heavy criticism after it emerged visitors will need a [...]
Here’s everything you need to know about today’s London bus strike, including the routes not affected January 13, 2015 Note: This story is from January. For February's bus strikes please go to this article. Transport for London (TfL) has insisted that a third of its bus routes are still operating as normal, despite a 24-hour strike launched today by the Unite union. Bus drivers said they wanted a single agreement to cover their pay [...]
The UK’s top MBAs: Here are the British business schools where graduates earn the most January 12, 2015 The question of "to MBA or not to MBA" is tough enough – but once you've crossed that hurdle, deciding which business school is next. That choice can take months of painstaking research as you compare courses, tutors and specialisms. Or, of course, you could just see which school has the richest graduates. Pay data [...]
Canary Wharf owner Songbird Estates rejects Qatar offer again January 12, 2015 Songbird Estates, the company behind Canary Wharf, has formally rejected yet another offer from the Qatari sovereign wealth fund. The company said it won't accept the 350p-a-share offer, by the Qatari Investment Authority and Brookfield Property Partners, on the grounds that it doesn't reflect "the full value of the business, its unique operating platform and [...]
Black Friday: Why we didn’t spend more, we just spent earlier January 12, 2015 It wasn't just customers Black Friday 2014 took by surprise. Despite their heavy discounting, many retailers were unprepared for the frenzy that took place as shops opened. Words of abuse were exchanged, there were even punch-ups as consumers clamoured to get that last bargain flatscreen telly. And although the spending bonanza has helped lift sales [...]
AO World share price jumps as revenues rise on Black Friday bonanza January 12, 2015 The figures It was less a case of "Black Friday", more a case of "white goods Friday" for recently-listed AO World. Shares in the online washing machine/fridge/dishwasher retailer rose more than five per cent in early trading this morning, after it reported third quarter revenues from its website were up 38 per cent in the three [...]
BGC Partners urges GFI shareholders to reject CME bid as it warns founder is “actively sabotaging” takeover offer January 9, 2015 US-based brokerage BGC Partners has written a letter to GFI Group shareholders asking them to reject a rival bid for the company, adding add that its attempt to buy the rival group has been "actively sabotaged" by its management. The letter recommended shareholders turn down a bid by CME Group, pointing out its own "fully [...]
Taylor Wimpey, Barratt and Persimmon share prices among biggest FTSE fallers as Jefferies slashes ratings January 9, 2015 Housebuilders Taylor Wimpey, Barratt and Persimmon were among the biggest fallers on the FTSE 100 this morning, after broker Jefferies cut its rating across the sector. Shares in Taylor Wimpey – whose rating was cut to "hold" from "buy" – were down 4.9 per cent in lunchtime trading, while Barratt and Persimmon, which were both [...]
Why New Year needs a rebrand January 9, 2015 As the headache from the night before started to kick in, I had the opportunity to reflect on what a New Year really meant (as opposed to just felt like). I’m sure countless books have been written on the existential significance of turning a new page, yet I couldn’t help but wonder, from a [...]
