Brunswick man David Yelland quits to start on his own with Kitchen Table Partners April 30, 2015 Former Sun editor turned PR guru David Yelland has left the cosy orbit of global financial PR firm Brunswick, where he was a partner for nine years, to set up his own new venture. Described as a small communications advisory firm which counsels individuals, Yelland’s start-up Kitchen Table Partners (KTP) is one with a personal touch. [...]
Returning Liberum mum finds some sympathy for the dads April 30, 2015 THE CAPITALIST would like to doff its hat to all the City fathers who leave home before dawn to make the grinding, delay-riddled, coffee and sweat-soiled commute into town. The long-hours culture often means that “many only get to see their kids for 15 minutes, maybe, in the morning and half an hour before bedtime,” says [...]
And you thought London was expensive… April 30, 2015 One Hyde Park, with its £140m Knightsbridge penthouse, is certainly prime real estate. But a list of the world’s priciest residential skyscrapers has some jaw-dropping rivals. Fans of the high life would be hard-pushed to beat the £240m penthouse at Monaco’s Odeon Tower, with its own nightclub, spa, pool and –yes! – slide.
Foxtons warns of sales slowdown as home buyers await General Election outcome April 30, 2015 London estate agency Foxtons warned that the General Election had put the brake on sales as prospective homebuyers await the outcome of next week’s polls before making plans. The company, famous for its fleet of Green Mini Coopers, reported revenues of £33.1m in the three months to 31 March, down 3.1 per cent on [...]
London house prices up 11pc in March as repossessions plunge April 30, 2015 London house prices jumped 11.3 per cent year-on-year in March, figures released yesterday by the Land Registry show. It compares with 5.3 per cent property price gains for the whole of England and Wales. Read more: The one region where house prices are falling “Much has been done to ensure that people have [...]
Zoopla snaps up price comparison website uSwitch in £190m deal April 30, 2015 ZOOPLA has bought price comparison website uSwitch for up to £190m as the property portal seeks to expand its reach into other household consumer services. Shares in the company rocketed 16.4 per cent yesterday as Zoopla announced it will pay £160m plus a performance-based fee of up to £30m for uSwitch’s parent company Ulysses Enterprises, [...]
Saga investors rewarded with 4.1p dividend as insurer posts 9.6pc jump in pre-tax profit April 30, 2015 Specialist insurer Saga posted a 9.6 per cent jump in pre-tax profit for the year ended 31 January 2015, up to £195.5m from £178.3m the year before. The company, which targets the over-50 market, failed to live up to expectations when it listed on the London Stock Exchange in May last year. It floated [...]
Woolworths and Ethel Austin staff lose battle for compensation over redundancy April 30, 2015 THOUSANDS of staff made redundant following the collapse of retailers Woolworths and Ethel Austin have lost a fight for back pay, following a ruling yesterday by the European Court of Justice. Woolworths employed more than 27,000 people when it fell into administration in 2008 after struggling with £385m of debts, while retailer Ethel Austin collapsed [...]
Putting on a fresh face for solid results April 30, 2015 British Airways-owner International Airline Group (IAG) reported a €25m (£18m) operating profit for the first quarter. The collection of airlines, which includes Iberia, saw revenues rise by 12 per cent to €4.7bn, a 3.2 per cent rise when adjusting for currency fluctuations. Rival airline group KLM-Air France had revenues of €5.7bn for the period.
General Election 2015: Property experts play down ballot box fears April 30, 2015 General Elections past and present have had little effect on the UK’s commercial property market, economists at property advisory firm Colliers have claimed, arguing that investors are more pre-occupied with the timing of the first UK interest rate hike. Colliers’ economist and research director Walter Boettcher said a study of the UK’s 2001, 2005 and [...]
