After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Orchard Street snaps up £55m building in Soho’s filmland December 3, 2018 Property investment firm Orchard Street has snapped up a £55m Soho building home to a British film production company. The office space in the property at 141 Wardour Street is fully let to Moving Picture Company, while retail space on the ground and basement floors is home to Princi, an Italian restaurant and bakery part-owned [...]
Rail fare hike: How much your 2019 commute will cost November 30, 2018 Train tickets are set grow even more expensive next year, with fares rising an average of 3.1 per cent in January. The price hike – following a year of frustration for London commuters – has been much criticised, especially as it is tied to the more expensive Retail Price Index, rather than the more commonly [...]
‘A kick in the teeth for commuters’: The industry reacts to the rail fares hike November 30, 2018 Rail fares are set to increase by an average of 3.1 per cent in the new year, affecting millions of people and increasing many passengers' season tickets by around £100. The rise in the cost of travelling by train comes despite calls for a price freeze following a year of disruption that saw Network Rail fined [...]
Rail fares will rise by 3.1 per cent in January despite timetable chaos hurting commuters November 30, 2018 Rail fares will rise by an average of 3.1 per cent in the new year, according to the Rail Delivery Group, hitting millions of commuters’ wallets. The increase means many passengers will pay around £100 more for their season tickets, despite a year in which travellers have suffered strikes, delays and timetable chaos on many [...]
Kleinman: Brutal winter could ground Flybe despite buyer interest, Truell’s trump card and wheel turns for auditors November 30, 2018 If only achieving take-off for Flybe’s profits was as easy as it seems to be for its share price. Not content with a 70 per cent uplift after I reported that Virgin Atlantic was in talks to buy the regional airline, the stock soared again on Monday as investors boarded on hopes of a bidding war [...]
Thomas Cook shares continue to fall, dragging FTSE firms down with it November 28, 2018 Package holiday provider Thomas Cook's share price has continued to fall for a second day, after having more than £175m wiped off its market value yesterday. The firm announced its third profit warning in five months, blaming the UK's long summer heatwave for a decline in Brits heading abroad. Shares in the FTSE 250 company declined by [...]
City Moves for 28 November – who’s switching jobs at Irwin Mitchell, Capita and Wilko? November 28, 2018 Who’s switching jobs today? Irwin Mitchell National law firm Irwin Mitchell has recruited a new senior lawyer for its national real estate department. Michelle Beaumont has joined the firm’s Leeds office as partner. She joins from the Leeds office of Pinsent Masons, having joined that firm in 2006. Michelle has experience of working on a [...]
‘Business as usual’ as West End landlord Shaftesbury Group defies retail woes November 27, 2018 West End owner Shaftesbury Group reported higher take-up and rising asset values this morning, defying the retail gloom that has been forecasted for many of Britain’s high street landlords. The Chinatown and Carnaby Street property group posted lower vacancies across its £3bn portfolio, with net income rising by 6.2 per cent to £93.8m in the [...]
Aston Martin shrugs off Brexit fears with plan to double production by 2025 November 25, 2018 James Bond may have to change his car if he wants to stand out from the crowd as Aston Martin’s chief executive today revealed plans to double production by 2025. The company is shrugging off concerns around Brexit and slowing Chinese demand as it looks set to make 6,400 cars this year, but it has [...]
Guest notes: Boatman’s analysis on Babcock should be treated with scepticism November 23, 2018 All the noise around Babcock and its financial woes have left me feeling distinctly uncomfortable. It’s not the fact that the company has issues, as do most outsourcers. My problem is with the source of the recent vicious bear raid on the business – the so-called Boatman Capital. It is a month since Boatman and [...]