Germans call on G20 to cut fiscal deficits August 31, 2009 GERMANY has called for agreement from members of the G20 summit in London on ways to back away from fiscal measures put in place to fight the global financial crisis. “It is of vital importance that we develop internationally coordinated exit strategies,” wrote German finance minister Peer Steinbrueck, in a letter to fellow G20 finance [...]
London homes in monthly price rise August 31, 2009 HOUSE prices in London rose by 0.3 per cent over August on the back of a dwindling supply of homes for sale. Hometrack’s national housing survey showed higher price tags in London, the south east and East Anglia, with London’s average price rising to £275,300, although year-on- year prices showed a 6.7 per cent fall. [...]
Nomura wins six year holiday August 31, 2009 JAPANESE bank Nomura has won a six year rental break on its new headquarters at Thameside complex Watermark Place. The bank will today sign for the 525,000 sq ft development in what is the biggest City property deal this year. Nomura will not be paying any rent for 70 months until 2015, the bank confirmed [...]
SLICK MERGER FOR OIL FIRMS August 31, 2009 US OIL SERVICES company Baker Hughes announced yesterday it was buying rival BJ Services in a deal worth $5.5bn (£3.3bn) after the two companies’ boards approved the deal. Baker Hughes chairman Chad Deaton (pictured) yesterday said the merger would be gradual, but will result in $75m in savings next year.
Sony tie up with Google Chrome August 31, 2009 Google, owner of the most popular Internet search engine, yesterday announced it has reached an agreement with Sony to have its Chrome web browser pre-installed on some personal computers. The deal with the group is part of its efforts to make its little-used Chrome more accessible. Google is also believed to be in talks with [...]
Fuel duty hiked by two pence August 31, 2009 Motorists will wake up to a two pence rise in fuel duty this morning, the third increase in nine months. When VAT is included the rise will actually total 2.3p – taking the average price of petrol across the UK to about 105p per litre. The Treasury is planning five more tax rises worth more [...]
City A.M. on holiday until Tuesday September 1st August 21, 2009 City A.M. editorial staff are taking a well earned break this week. The next issue of the newspaper is out on Tuesday September 1st when the online news stories will also be updated. In the meantime we will be working very hard on the backend of the site bringing you even more news, features and [...]
FOCUS ON: CRAWLEY, WEST SUSSEX August 20, 2009 BADGERS BANK, OLD BRIGHTON ROAD NORTH, PEASE POTTAGE, RH11 9AJPrice: £1.15mThis modern five-bedroom property is located in a quiet cul-de-sac in a village just outside Crawley, which is just under an hour from London by train. There is a large master bedroom suite which includes a dressing area and a bathroom with a jacuzzi bath. [...]
You don’t have to sacrifice style when going small August 20, 2009 ACCORDING to research published last week by Cabe – the Commission for Architecture and the Built Environment, if you please – almost half the people who live in new-build housing in and around London say reckon they don’t have enough space in their homes. The fact is, London life can all too often feel like [...]
Dunlop’s Swingkeel today’s banker bet August 20, 2009 THIS afternoon’s York card features the Group 1 Nunthorpe Stakes, the Group 3 Strensall Stakes and the Listed City of York Stakes, however, the best bet of the final day comes in the final race of the meeting. John Dunlop’s horses are flying at the moment and he can send punters home happy by saddling [...]
