Asian buyers dominate City of London property market July 9, 2018 More than half of all commercial property purchases in the City of London come from Asian investment, new figures reveal. While 57 per cent of commercial properties in the Square Mile are bought by Asians, the second-highest investors by continent are the Europeans, buying 14 per cent over the same period of the most recent [...]
Perk up your wallet: Digital receipts fintech startup Flux partners with Costa Coffee and Barclays Launchpad July 9, 2018 Paperless receipts and digital rewards startup Flux has teamed up with Costa Coffee to trial its tech in a number of central London stores. The trial will begin with a first phase of cashback rewards via Flux’s challenger bank partners Starling and Monzo, which is in a closed pilot, before expanding from there to explore [...]
Stobart finance boss steps down ahead of contentious AGM July 6, 2018 Stobart Group’s finance chief has announced that he will step down ahead of this morning’s general meeting, in which the company faces a battle with activist investors. Richard Laycock will not go up for re-election, but will continue to support the business. The board is searching for an interim replacement. The news comes as Stobart [...]
The Petersham at Petersham Nurseries in Covent Garden review: Some decent, basic food for those willing to splurge an obscene amount July 5, 2018 Covent Garden has reinvented itself more times than Madonna, had more facelifts than Mickey Rourke, seen more costume changes than Matthew Kelly. Once a Monk’s vegetable patch, it’s been home to prostitutes and drunks, clowns and mimes, apples and Apple. Before Capital & Counties (Capco) bought the market and the surrounding seven acres in 2006, [...]
Want tomorrow’s tech titans to be British? Here’s how to do it July 4, 2018 There’s an often-quoted adage, which goes something like this: “Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate.” What unites them all? Yes, they are all [...]
Behind the deal: Benjamin and Ariane de Rothschild revealed as backers of London tech startup Exo Investing July 3, 2018 London wealthtech startup Exo Investing has today announced the close of a €16.5m (£14.6m) seed round last summer, powered by a private investment from Benjamin and Ariane de Rothschild. The round also included backing from Madrid-based asset management firm ETS, and Daniel Treves and Hugo Ferreira, both former heads of La Compagnie Benjamin de Rothschild. [...]
Tom Davies talks eyewear, designing glasses for Clark Kent, and moving his factory from China to Brentford July 2, 2018 What do Ed Sheeran, Angelina Jolie, and Carrie Fisher, have in common? They’ve all worn spectacles created by luxury eyewear designer Tom Davies. The entrepreneur’s designs are highly sought after. Not only does he count celebrities among his clientele, but his glasses have appeared on the big screen. In 2014, he was asked to design [...]
For your eyes only: meet luxury eyewear designer Tom Davies July 2, 2018 WHAT do Ed Sheeran, Angelina Jolie, and Carrie Fisher, have in common? They’ve all worn spectacles created by luxury eyewear designer Tom Davies. The entrepreneur’s designs are highly sought after. Not only does he count celebrities among his clientele, but his glasses have appeared on the big screen. In 2014, he was asked to design [...]
Westminster City Council sets out next steps for Oxford Street pedestrianisation alternative to tackle Elizabeth Line crowding July 2, 2018 After the controversial decision to put the brakes on Oxford Street pedestrianisation plans indefinitely, Westminster City Council will meet to discuss its alternative plans for the London shopping hotspot next week. The council's cabinet will meet on Monday 9 July to consider a report setting out the next steps for transforming the Oxford Street district. [...]
Asda has been forced to ration its fizzy drinks amid an ongoing UK-wide carbon dioxide shortage June 30, 2018 Supermarket chain Asda is limiting the amount of fizzy drinks its customers can buy, as the UK's carbon dioxide shortage worsens to near-crisis levels. The retailer has put a six-drink cap on shoppers buying bottles, cans or multipacks of fizzy drinks online, although the limit does not apply in-store. This includes all own-brand drinks, as [...]