EU referendum: A Brexit doesn’t necessarily spell doom and gloom for London’s property market – fortune will favour the brave May 31, 2016 While a vote to leave the EU on 23 June looks less likely by the day, landlords, letting agents and corporate relocation specialists shouldn’t worry too much about a Brexit. Whether we wake up on the 24 June ‘in’ or ‘out’ of Europe, it will be several months before the true consequences of either outcome become clear. [...]
David Haye accepts invitation to fight newly-crowned WBC cruiserweight champion Tony Bellew May 30, 2016 Former world heavyweight king David Haye has opened the door to a showdown with newly-crowned WBC cruiserweight champion Tony Bellew, promising the Merseyside fighter he would be “smashed to bits”. Bellew claimed the vacant WBC title with a brutal third-round knockout of Ilunga Makabu at Goodison Park on Sunday to become the United Kingdom’s 13th [...]
Enterprise Inns posts revenue growth and announces it will sell 22 commercial property sites in a £20m deal by mid-June May 17, 2016 The UK's largest pub company, Enterprise Inns, has made "good progress" in the first half of 2016 and is primed to sell 22 of its commercial sites in a £20m deal by mid-June. The figures Enterprise Inn's revenues nudged up by £3m in the first half of 2016, from £302m this time last year to [...]
Election 2016 results live: Pressure piles on Jeremy Corbyn as Labour loses seats in local elections May 6, 2016 Update: Jeremy Corbyn has praised his party for having "hung on" in the local elections, after suffering an embarrassing set of results across the country. But pressure is piling onto the Labour leader, with the party's rebel alliance suggesting a revolt could be imminent as at least one MP saying he has a year left to turn things around. [...]
Grosvenor Group warns of lower returns and revenue profit in coming years April 19, 2016 Grosvenor, the privately-owned international property group which has existed since 1677, has cautioned of lower returns and revenue profit over the next few years after posting a 22 per cent fall in annual pre-tax profits to £527m. Revenue profit, the difference between revenue incomes and revenue expenses, climbed to £83.3m last year, from £80.1m in 2014, excluding the impact of property revaluation. Total [...]
London Marathon 2016: What time it starts, where to watch, what the weather forecast is and the best pubs along the route April 18, 2016 Carb-loading, hamstring-stretching and thanking your lucky stars that you can actually have a lie in from next weekend onwards? Welcome to the London Marathon…. This weekend the capital will be over-taken by more than 35,000 runners (and more than a few walkers) looking to finish the 26.2m course. If you haven’t been sleeping, eating and [...]
Mondo and Pact: A tale of two crowdfunds and why they both matter to the market March 23, 2016 Just weeks ago a startup named ‘Mondo’ became the latest company to smash a new crowdfunding record. Demand to pump cash into the mobile-first challenger bank was so high it crashed Crowdcube’s servers when its campaign to raise £1m was first launched. A few days later, with some extra computing power in place, it tried [...]
First homes revealed at Quebec Quarter as part of 10-year revamp at Canada Water February 23, 2016 Champagne sits in a bucket, ready to be poured into designer flutes and raised to the unusually high ceiling in the show room of a two bedroom apartment. Earlier in the week, this very room had convinced a cash buyer from Paris to part ways with around £800,000 cash for a second home. These are [...]
London mayoral election 2016: Conservative candidate Zac Goldsmith earned more than £10m in the last five years, paid almost £700k in taxes last year alone February 22, 2016 Conservative mayoral candidate Zac Goldsmith has today published new details about his tax returns for the last five years, after facing tough questions on his previous "non dom" status. According to a letter released by Goldsmith's campaign from PwC (see below), Goldsmith paid £692,870 in income and capital gains taxes last year, and another £4,573.32 in National Insurance [...]
Millwall chief executive says club has “gone into extra time” with fight against Lewisham council over land around the Den February 18, 2016 Millwall will continue to fight Lewisham council over its regeneration plans for land surrounding its stadium in South Bermondsey, after a decision on its sale was deferred. The League One club claimed its survival was under threat by the Labour-led council's plans to use a compulsory purchase order to take land currently on lease to [...]