OAP (Old And Partying): UK pensioners have higher average incomes than their working age children, and spend more on having fun February 15, 2017 For the silver generation, this truly is a golden age. Two reports released in the last week indicate that pensioners have never had it better. The first, Tilney’s “The Cost of Tomorrow”, debunks the myth that supposedly frivolous twenty-somethings spend more on having fun than retirees, either in absolute terms or as a percentage of their [...]
Xafinity wants to take on the big boys with its London IPO February 14, 2017 The £190m float of a mid-tier actuarial and consulting firm will help it break the stranglehold of the largest three market players, its boss said today. Xafinity announced plans earlier this morning for a London listing and intends to make an official admission to the exchange on Thursday. Paul Cuff, the company's co-chief executive, told City A.M. he hopes the [...]
A last-minute Valentine’s day guide: Six City restaurants with tables for two available February 14, 2017 The day of love has come round – but if you haven’t had much luck booking a romantic place to celebrate (or, ahem, you just forgot), we’ve put together a list of the City’s best dining spots with last-minute tables for two. No need to thank us – just take a look below and take [...]
Rise of Technology, Media and Telecommunications sectors fuelling demand for high-quality office space February 13, 2017 Fuelled by record demand for high-quality office space, a thriving visitor economy, international student appeal and an attractive quality of life, it’s no wonder Edinburgh attracts developer interest from around the globe. Edinburgh’s commercial property market remained buoyant in 2016. That strong performance followed an exceptional 2015, in which office deals were the highest on record [...]
Rise of Technology, Media and Telecommunications sectors fuelling demand for high-quality office space February 13, 2017 Fuelled by record demand for high-quality office space, a thriving visitor economy, international student appeal and an attractive quality of life, it’s no wonder Edinburgh attracts developer interest from around the globe. Edinburgh’s commercial property market remained buoyant in 2016. That strong performance followed an exceptional 2015, in which office deals were the highest on [...]
Focus On Victoria: A £4bn investment in housing, retail and infrastructure is making it a destination in its own right February 10, 2017 If the Queen’s getting a £369m refurbishment of Buckingham Palace, it seems only fair that the neighbourhood surrounding it should get a polish, too. £4bn should just about cover it, and that’s how much has been invested in the area by developer Land Securities over the last five years. Around £700bn of that has gone [...]
Greene King reveals sober sales despite gains over the Christmas period February 10, 2017 Sales at British pub operator Greene King grew over the 40 weeks to 5 February due to a strong Christmas period, but it was hit by a "dramatic" slowdown of sales in the quieter months. The figures In a trading statement today, Greene King said like-for-like sales grew 1.1 per cent over the period. For the [...]
Just Eat chief executive David Buttress steps down over urgent family matter February 10, 2017 The chief executive of takeaway food delivery app Just Eat has resigned over “urgent family matters”. David Buttress will work full time until the end of the first quarter, before handing over to current chairman John Hughes. The company said it will start an immediate search for a successor. Buttress will continue to be a [...]
Prodigal Londoners outspend the rest of the country by hundreds of thousands February 10, 2017 London households can expect to burn through £2.3m over the course of a lifetime, dwarfing the UK’s average expenditure by almost half a million. Investment manager Tilney unveiled the discrepancy in its Cost of Tomorrow Report, which also revealed that the average British household has spent their first million by the age of 50, while [...]
Pizza and pasta restaurants continue to flourish in the capital, here are some of the top new openings February 7, 2017 Dough-nt settle for anything than the best pizza and pasta. 1. Hai Cenato 2 Sir Simon Milton Square, SW1E 5DJ Victoria’s new Nova development is now open, housing over a dozen restaurants, including Hai Cenato, an Italian from globetrotting chef Jason Atherton. The Pollen Street Social and Berners Tavern owner will serve up a wide [...]