UK jets off with private plane fleet | City A.M. May 22, 2017 The UK has been ranked as the third-largest home in Europe to private jets, with more than 200 such aircraft registered within its jurisdiction. With 223 business jets registered in the UK as of April, according to aircraft retailer Colibri Aircraft, the country ranks behind Germany and the Isle of Man, which boast 404 and [...]
Investors face D-Day in RBS case May 22, 2017 A £125m trial is set to get underway in London today as RBS investors left out of pocket by the bank’s ill-fated 2008 rights issue seek compensation. The case will see Fred Goodwin, one of the most notorious figures of the financial crisis, take the stand. Read more: We’d all be better off if the [...]
Sunday Times Rich List 2017: Who topped the under-30 list, and who lost money this year? May 7, 2017 Singer Adele joined the Sunday Times Rich List of 1,000 richest people for the first time, and was the highest-ranking musician on the young rich list with a £125m fortune. Other musical millionaires on the under-30 list included Ed Sheeran, with £52m, and the boys from One Direction, who ranked higher than their former bandmate [...]
Jerusalem is the world’s top emerging start-up hub. We use a new app to navigate its culinary scene May 2, 2017 Think of Jerusalem and one imagines ancient history, religion, and regional tensions. Not craft beer, tech incubators and model-slash-DJs. It is, I discovered, a city of surprises. In the millennia-old Church of the Holy Sepulchre half a dozen worshippers from a variety of faiths kneel and touch the slab on which, it is believed, Christ’s [...]
London office rents will fall over the next year, experts warn April 27, 2017 Rents for London offices are expected to fall over the next year, experts have warned, despite an overall recovery in the UK commercial property market. Chartered surveyors at the Royal Institution for Chartered Surveyors (Rics) have said that rents in both prime and mid-tier office spaces are at risk over the next 12 months. Read [...]
Singapore REITs: Do they still possess long term value? April 10, 2017 Globally, real estate investment trusts (REITs) have become a popular way for investors to invest in property while at the same time receiving an income. This is particularly true in Singapore, which has developed into a hub for REITs in Asia ever since CapitaLand Mall Trust became the first one to launch back in 2002. [...]
Rapha co-founder and chief executive Simon Mottram on why the cycling company split from Team Sky April 4, 2017 Four years ago niche cycling sportswear firm Rapha beat German behemoth Adidas to supply the kit to the world’s best known cycling club, Team Sky. At the time, Simon Mottram, its chief executive and co-founder, felt this was the just the platform the retailer needed to take things up a gear. “We sold a lot [...]
Amber Rudd’s WhatsApp encryption remarks: Here’s how experts in tech, policy, intelligence and security reacted March 27, 2017 Amber Rudd has sparked concern by suggesting that WhatsApp, the Facebook owned messaging service, should give access to encrypted communications to security services (read more about it here). The remarks came in the wake of the terrorist attack on Parliament and the revelation that the attacker, Khalid Masood, sent a WhatsApp message shortly before. Experts [...]
Roboshop: How Morrisons is using artificial intelligence to stock its shops March 20, 2017 Morrisons is using artificial intelligence to stock its stores in a bid to improve efficiency and customer service. The supermarket is rolling out a system from tech firm Blue Yonder that uses artificial intelligence and machine learning to predict exactly what is needed in each of Morrisons' 491 stores. Read more: Amazon is looking for [...]
One in four UK deals broke down last year, and more M&A collapses are expected in 2017 March 20, 2017 One in four deals involving UK listed firms broke down in failure last year, new analysis today shows. And, with further economic and political uncertainty on the way, more disrupted deals are thought to be on the cards this year. Read more: Jupiter boss plays down M&A rumours: "We’re not looking to be acquired" Accountancy firm [...]