Q&A: RENTING October 29, 2009 Louise SavageDIRECTOR AT RESIDENTIAL LAND Q. Dear Louise, I am looking to move to London for three years for work and have found an amazing place. I want to be flexible as my job contract may end earlier, but I don’t want to have to find a new place every year. What are my options? [...]
Now is the time to buy the home of your dreams in affordable Essex October 29, 2009 GOOD schools, an easy commute, beautiful countryside, a rich history and realistic prices. Banish any ideas of brash barrow boys and women in white leather stilettos – Essex has become the discerning commuter’s paradise. This is a good time to buy, too. Gavin Surtees, of Savills’ Loughton office, says: “If anyone is looking to trade [...]
Bag yourself an apartment in the iconic Barbican October 29, 2009 WHEN it comes to residential property in the City, there is nowhere quite like the Barbican. Ever since it was built in the sixties, the brutalist masterpiece has been one of the most iconic buildings in the Square Mile. For those who work in the City there could hardly be a more convenient location – [...]
Sky’s rivals want to punish it for being a success October 29, 2009 BACK in 1997, Japanese carmaker Toyota took a gamble and spent $1bn (£603m) developing the Prius, its hybrid fuel vehicle. At the time, the panic over global warming had yet to develop and there was little call for a mass-market green car. In its first year of production, it sold just 300 units. Now the [...]
CBRE profits back in black after losses October 29, 2009 CB Richard Ellis, the world’s biggest property management firm, yesterday missed analyst forecasts for its third quarter results but posted a return to profit. The group – which has worked on the City’s biggest property deals including Macquarie’s move to Drapers Gardens and Nomura’s return to the Thameside Watermark Place – posted a 69 per [...]
NINTENDO’S Wii LOSES GROUND October 29, 2009 NINTENDO reported a 52 per cent slide in quarterly operating profit to 64bn yen (£422m) yesterday and slashed its full-year earnings forecast, as its Wii console lost ground to rival consoles from Sony and Microsoft. Nintendo cut its operating profit forecast for the year to March 2010 by a quarter to 370bn yen, ending a [...]
Go-Ahead overtakes forecasts October 29, 2009 Transport group Go Ahead said yesterday that it had seen growth slightly ahead of expectations in its bus and aviation operations over the first quarter, and that rail operations were continuing to trade in line with forecasts. The largest bus operator in London said first-quarter revenue growth was slightly ahead of its expectations as passenger [...]
IATA says air travel is cruising October 29, 2009 The International Air Transport Association (IATA) announced yesterday that international air passenger demand remained unchanged with a growth of 0.3 per cent in the year ending 30 September. But demand for international cargo has taken a nose-dive of over five per cent over the same period, as passenger demand fell, the cost of oil rose [...]
Your Space offers lenders a deal October 29, 2009 Deloitte has arranged the terms of a company voluntary arrangement (CVA) for struggling serviced office group Your Space, as it battles in the face of decreased demand. Under the terms of the CVA, a dividend of around 20p in the pound will be repaid to unsecured creditors, with the potential for up to a further [...]
CITY MOVES WHO’S SWITCHING JOBS October 29, 2009 MarshThe insurance broker and risk adviser has hired Simon Curtis as chief operating officer of its UK operations, based in London. He succeeds Ian Clarke, who continues as a board member and a member of the firm’s international executive group. Curtis joins from Jardine Lloyd Thompson, which he joined in 2000 after its acquisition of [...]
