House prices edge higher in November January 2, 2013 THE HOUSING market saw another month of steady improvement in November, according to data from the Land Registry out yesterday. Prices edged up 0.3 per cent across England and Wales in the second last month of the year, capping off an annual increase of 0.9 per cent, the government body said, highlighting the slow but [...]
City office buildings go under the hammer January 2, 2013 THE London property market got off to a busy start yesterday after two City office sites exchanged hands. US group Hines said it has acquired Atlas House in the City (pictured left) from UBS Global Asset Management for £35m. Meanwhile Taylor Wimpey has bought St Dunstan’s House on Fetter Lane. The site has consent for [...]
Retail failures on the up amid weak demand January 2, 2013 THE NUMBER of retailers falling into administration rose by six per cent last year as the squeeze on consumer spending and the shift of spending towards the internet saw names such as JJB and Comet disappear from the high street. Figures published yesterday by Deloitte, the accountancy firm, show that 194 retailers fell into administration [...]
John Lewis boasts record sales in the Christmas trading period January 2, 2013 JOHN Lewis yesterday reported bumper sales over the festive period boosted by online orders, which now account for a quarter of the company’s total sales. The department store group reported £684.8m of sales for the five weeks to 29 December, including a record take of £31.7m for the first day of its sales in stores [...]
Never knowingly in line with the rest of the pack January 2, 2013 LAST year we waved goodbye to Comet and JJB Sports as 2012 saw the shutters pulled down on the high-street stalwarts for the last time. Those two – along with Game – didn’t even make it to the crucial Christmas sales period before calling it a day, but as January rolls round again and store managers [...]
City Views | Are you feeling more optimistic about this year than last year? January 2, 2013 CHRISTIAN MAHOOD DEFINITIVE CONSULTING I would say I am cautiously optimistic. For some reason the markets seem to be filled with renewed optimism right now. As a headhunter, you know it is tough times when people move jobs constantly, and at the moment that is not happening. BARRY CLARKE HCCI It is looking a lot [...]
QPR trample Chelsea title hopes to kick start revival January 2, 2013 CHELSEA 0 vs QUEENS PARK RANGERS 1 QUEENS Park Rangers boss Harry Redknapp toasted one of the greatest nights of his long career after the Premier League’s bottom club delivered a huge blow to the European champions’ title ambitions. Former Chelsea winger Shaun Wright-Phillips climbed off the bench to rifle the winner against his old [...]
Why I tip England to go unbeaten in 2013 January 2, 2013 I MAKE this prediction with slightly tinted glasses, but I really can see England going through the whole of 2013 unbeaten in Test cricket, despite the prospect of back-to-back Ashes series. It would be a fantastic achievement, but it’s one well within their grasp. Aside from Australia, England also face New Zealand home and away, [...]
New Zealand hit 39-year low in South Africa January 2, 2013 NEW Zealand were skittled out for just 45 on the first day of their series in South Africa, the lowest total in Test cricket since 1974. The tourists were blown away in Cape Town by Vernon Philander, who took 5-7, Morne Morkel (3-14) and Dale Steyn (2-18), who picked up his 300th Test wicket. Only [...]
Blues close in on £7.5m deal for striker Ba January 2, 2013 CHELSEA look set to complete the £7.5m signing of Newcastle striker Demba Ba despite suggestions last night of a row over cash between the player and his agents. Ba’s camp are believed to be entitled to around £4m of the transfer fee, but were said to be at loggerheads over how the money was to [...]