Cruise ship takes on Tower Bridge: Wins August 19, 2015 A huge cruise ship successfully squeezed under Tower Bridge over the weekend as London braces itself for a possible future as a number one destination for cruise liners. Onlookers watched in awe as Silversea’s Silver Cloud monolith came through Tower Bridge on its way to tour eastern Europe, before heading back to London. Left hand down [...]
Pound jumps on shock rebound in core inflation August 18, 2015 THE POUND hit a seven-week high against the dollar yesterday as investors reacted to a higher-than-expected inflation figure. Official data showed the consumer price index (CPI) – which gauges the price of a typical basket of goods and services – rose 0.1 per cent in the year to July, from zero a month earlier. While [...]
Shortage of prime London homes fuels frenzy of 24-hour exchanges August 18, 2015 An acute shortage of property in prime central London is driving more buyers to exchange on homes within 24 hours even as the top end of the market slows, according to search agent Banda Property. The boutique firm, which acts on about 50 sales a year, said that buyers were insisting on a 24-hour exchange [...]
Mayfair sees fastest rent price growth in prime central London August 18, 2015 Mayfair is leading the way in prime central London rental price growth, a lettings agent said yesterday. Rents in Mayfair have shot up 7.5 per cent over the last 12 months, according to E J Harris. Prime central London has seen rents rise 4.1 per cent. The firm warned that prices are likely to keep [...]
Mears boss slams David Cameron’s care policy despite firm’s higher profit August 18, 2015 THE CHIEF executive of social care support services company Mears has blasted government policy for taking the sector to “breaking point”. “The government’s decision to delay reforms to social care funding would appear to leave it with no plan for social care, with funding reform having gone backwards five years,” Mears boss David Miles said yesterday. [...]
Upcoming City slickers should take better care on social media August 18, 2015 YOU ALWAYS hear rumours of big companies trawling through prospective employees’ social media profiles to look for dirt, but the finance world is slacking on the job. The Capitalist is privy to a few accounts of London’s young City slickers, and these are just a few of the hot takes and drunken escapades coming out [...]
Economists identify delightful places to live in the world August 18, 2015 THERE comes a time in every City slicker’s life when he or she decides to head out of London and commute from greener pastures. It can be a wise move; the property is cheaper (not to mention bigger), the commute is often straightforward, and the air is clean. How wholesome. It’s been widely reported this [...]
Pocket money inflation exceeds parent wage hikes August 18, 2015 Bad news for working parents: the average allowance for UK youngsters is growing at an unprecedented rate, and it’s even outstripping their parents’ wage growth this year. Average pocket-money for eight-15 year olds has soared by 448 per cent in nearly 30 years, compared with just a 193 per cent increase in parents’ income over [...]
Join the house party at the decadent Dolls House in Islington August 18, 2015 IF YOU were decorating a doll’s house, wouldn’t you want to stamp your style on it? That’s just what Adam Towner and Katy Gray Rosewarne, the owners of the full size Dolls House in Islington, have done. Prepare yourself for whimsical interiors, complete with hand illustrated walls, buttoned banquettes and ranks of glass decanters. So [...]
Business group: Jobs market oversaturated with graduates August 18, 2015 A LEADING industry group is calling on the government to spark a “national debate” with employers and families about how to create more high-skilled jobs. In a report out today, the Chartered Institute of Personnel and Development (CIPD) – the professional body for human resource management professionals – claims that graduate over-qualification has reached a “saturation [...]
