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By: Sebastian McCarthy

Chief City reporter covering banking, insurance, deals and exchanges. Email stories to seb.mccarthy@cityam.com

All 879 Articles
  • Boris Johnson’s flagship cycle superhighway costs £62,000 for every extra cyclist

    September 18, 2018

    Boris Johnson’s controversial cycle superhighway, heralded as London’s “Crossrail of cycling”, is costing taxpayers tens of thousands of pounds for every new cyclist it attracts, according to new figures. Today’s new information from Transport for London (TfL) is likely to provide fresh ammunition to critics of the £47m project, which has come under fire from [...]

  • Boris Johnson’s flagship cycle superhighway costs £62,000 for every extra cyclist

    September 18, 2018

    Boris Johnson’s controversial cycle superhighway, heralded as London’s “Crossrail of cycling”, is costing taxpayers tens of thousands of pounds for every new cyclist it attracts, according to new figures. Today’s new information from Transport for London (TfL) is likely to provide fresh ammunition to critics of the £47m project, which has come under fire from [...]

  • Race to the top: Ferrari revs up hybrid and limited edition strategy in bid to double profits

    September 18, 2018

    Ferrari plans to ramp up its production of hybrid and limited edition supercars in a move to double the firm’s earnings by 2022. As part of a revamp to raise its earnings to €2bn (£1.78bn) over the next four years, the Italian luxury car maker is widening its product range and embracing hybrid technology. The ambitious [...]

  • Race to the top: Ferrari revs up hybrid and limited edition strategy in bid to double profits

    September 18, 2018

    Ferrari plans to ramp up its production of hybrid and limited edition supercars in a move to double the firm’s earnings by 2022. As part of a revamp to raise its earnings to €2bn (£1.78bn) over the next four years, the Italian luxury car maker is widening its product range and embracing hybrid technology. The ambitious [...]

  • Posh property: Victoria Beckham’s fashion HQ put on the market for £15m by Aberdeen Standard

    September 18, 2018

    While Victoria Beckham’s property portfolio might be better known for residential planning disputes with Kensington neighbours, the former Spice Girls singer’s £15m commercial headquarters was put up for sale earlier today. The Grade A Hammersmith office space, which is currently owned by asset manager Aberdeen Standard, has been put on the market for £15.75m. Victoria Beckham’s [...]

  • Posh property: Victoria Beckham’s fashion HQ put on the market for £15m by Aberdeen Standard

    September 18, 2018

    While Victoria Beckham’s property portfolio might be better known for residential planning disputes with Kensington neighbours, the former Spice Girls singer’s £15m commercial headquarters was put up for sale earlier today. The Grade A Hammersmith office space, which is currently owned by asset manager Aberdeen Standard, has been put on the market for £15.75m. Victoria Beckham’s [...]

  • Tyred of the same old stuff: Ferrari supercar opens to the public as race for limited edition models heats up

    September 18, 2018

    A new supercar dubbed as the closest thing to a Formula 1 racer that has ever been built for the public at large has been unveiled today. Less than 500 of the carbon-fiber vehicles will be put up for sale by Ferrari as part of a five-year strategy to ramp up sales of limited-edition supercars. [...]

  • Tyred of the same old stuff: Ferrari supercar opens to the public as race for limited edition models heats up

    September 18, 2018

    A new supercar dubbed as the closest thing to a Formula 1 racer that has ever been built for the public at large has been unveiled today. Less than 500 of the carbon-fiber vehicles will be put up for sale by Ferrari as part of a five-year strategy to ramp up sales of limited-edition supercars. [...]

  • Japanese tycoon Yusaku Maezawa to become Space X’s first private passenger in trip to the moon

    September 18, 2018

    A Japanese billionaire and online fashion tycoon is set to become the first private passenger to fly around the moon after revealing he will join Elon Musk’s SpaceX mission into orbit. Yusaku Maezawa, who owns fashion retailer Zozo, is expected to lift off on the Big Falcon Rocket (BFR) in 2023 after being unveiled as [...]

  • Japanese tycoon Yusaku Maezawa to become Space X’s first private passenger in trip to the moon

    September 18, 2018

    A Japanese billionaire and online fashion tycoon is set to become the first private passenger to fly around the moon after revealing he will join Elon Musk’s SpaceX mission into orbit. Yusaku Maezawa, who owns fashion retailer Zozo, is expected to lift off on the Big Falcon Rocket (BFR) in 2023 after being unveiled as [...]

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