Bankrupt, jailed, £100m: Confessions of AirX CEO, John Matthews – the least popular man in private jet chartering March 26, 2018 OUR QUIET table at Dover Street’s Arts Club is becoming a de facto confession box. A gin and tonic replacing the grill between priest and penitent, John Matthews peers through his glass – for he hath sinned. The chief executive of AirX, who admits to being the least popular man in private aircraft chartering, has [...]
New Homes: What’s on sale in London this weekend in Hendon, Greenwich, Bow, Acton and the Docklands March 23, 2018 New developments on the market this week North West Four, Hendon From £675,000 Get more for your money in Zone Three with only a 30 minute commute to Bank. This gated development of 18 two and three bedroom apartments near Hendon Central station are also a 45 minute drive from four international airports. Spread across [...]
First-time-buyers and government policies boost Crest Nicholson performance March 22, 2018 Investors in Crest Nicholson were cheered this morning as the company said that demand for new houses continues to be strong. Ahead of the group’s AGM today, it issued a statement saying that total forward sales contributing to the current financial year were up 15 per cent at £620m. It said: “Demand for new homes [...]
Rihanna roils markets as China bags a key element March 21, 2018 Garry White, chief investment commentator, looks at the market moving events that have shaped the UK equity markets this week (March 12 to March 16, 2018). This week, Barbadian singing sensation Rihanna managed to wipe $1bn off the valuation of tech group Snap, the Chinese secured a major cobalt deal to help it produce electric [...]
Relaxing our misguided drug laws would save lives, money, and London’s nightlife March 20, 2018 The first time I came to London, I was shocked at how the city failed to come alive at night. Sure, it had restaurants, gigs and plays, but those are evening activities. After-hours events, nights out where you didn’t break the bank trying to get home, not so much. We’ve only recently opened up the [...]
New build homes on sale in London this weekend in Paddington, Clapham, Kentish Town, Vauxhall and Canada Water March 16, 2018 New developments on the market this week No 3 Canalside Walk, Paddington From £1.212m Live next to the Grand Union Canal in Paddington Basin, with a plethora of rooftop perks, including balconies, and a rooftop gym, lounge and observatory. Eleven acres of prime Zone One is being developed near the transport hub, including 52 two [...]
Rihanna roils markets as China bags a key element March 16, 2018 Garry White, chief investment commentator, looks at the market moving events that have shaped the UK equity markets this week (March 12 to March 16, 2018). This week, Barbadian singing sensation Rihanna managed to wipe $1bn off the valuation of tech group Snap, the Chinese secured a major cobalt deal to help it produce electric [...]
Last Week in the City: Trump threatens trade war March 2, 2018 This week US President Donald Trump threatened a trade war, a number of famous high street names, including Toys R Us and Maplin, got into serious trading trouble and upbeat assessments of the US economy from central bankers helped the US dollar to rally, reversing its recent trend. The FTSE 100 fell 0.2 per cent [...]
Persimmon share price rockets as it sells more homes at higher prices February 27, 2018 Shares in housebuilder Persimmon jumped more than 13 per cent in early trading, after it unveiled a rise in profits and sales in 2017. The figures Pre-tax profits rose 25 per cent to £977.1m in the year to the end of December, while revenues rose nine per cent to £3.42bn. It sold 16,043 homes, up [...]
Krafty move: Unilever shareholders condemn potential relocation from London as a protectionist defence February 25, 2018 Top shareholders in Marmite maker Unilever have hinted that they may object to a possible relocation of the company’s headquarters from London. Directors of the Anglo-Dutch group are expected to vote in the coming weeks on where Unilever should maintain its base, after the company promised last year to simplify its corporate structure in the [...]