City of London to buy iconic Smithfield building for £34.6m as Museum of London’s new home July 28, 2015 The City of London has agreed to buy back London's historic Smithfield Market for £34.6m, City A.M. understands. The Victorian general market site has lain empty for more than 20 years after several failed attempts to redevelop it. However, it could become the new home for the Museum of London if the sale goes through. [...]
Baidu share price down more than 16 per cent after disappointing earnings July 28, 2015 Shares in Baidu, often dubbed "China's answer to Google", plummeted 16.8 per cent to $164.99 this afternoon, after less-than-encouraging results were released. Read more: Baidu confirms it's buying a stake in Uber During the second quarter, the Nasdaq-listed company's revenues went up 38 per cent from a year earlier to $2.7bn (£1.7bn), resulting in a fourth [...]
London food delivery startup Deliveroo takes away $70m series C funding from Greenoaks Capital, Index Ventures, Accel and Hoxton Ventures July 28, 2015 A London startup which delivers food from some of Britain's favourite high-street restaurants such as Wagamama and Gourmet Burger Kitchen straight to your door, has landed $70m (£45m) of new investment to expand internationally, including backing from the firm behind Just Eat. Deliveroo's series C round was led by Greenoaks Capital and existing investor Index [...]
BBC TV centre homes to go up for sale July 27, 2015 Homebuyers will soon be able to own a slice of TV history. Kasmira Jefford reports. THE scenery block at the former BBC Television centre in London’s White City is eerily quiet. For over 50 years the cavernous space used to bustle with carpenters and designers assembling sets for some of Britain’s best known programmes, including [...]
First homes inside former BBC Television Centre go on sale next month – starting at £500,000 July 27, 2015 Homebuyers will be soon able to own a slice of television history, with the first 450 homes inside the former BBC Television centre set to go up for sale next month. The scenery block at the former BBC Television centre in London’s White City is eerily quiet. For over 50 years the cavernous space used [...]
Great Scotland Yard snapped up by Indian billionaire Yusuffali Kader’s Lulu Group for luxury hotel July 26, 2015 Indian billionaire Yusuffali Kader has snapped up the historic home of London's Metropolitan police and will turn Great Scotland Yard into a luxury hotel. Kader's Abu Dhabi headquartered Lulu Group has bought up the Edwardian building in Whitehall in a £110m deal with Galliard Homes, and will work with the Steigenberger Hotel Group to run the [...]
What’s in the Walkie Talkie building? From the Sky Garden to RSA, here’s a storey-by-storey breakdown of every restaurant, bar and business in 20 Fenchurch Street July 24, 2015 It may have been open less than a year, but from frying eggs to creating wind tunnels, 20 Fenchurch Street – better known as the Walkie Talkie – has already had its fair share of controversies. But what’s actually inside? And what does its Sky Garden (also controversial after its developers decided to
Dulwich house prices: London village life four miles from The Shard July 23, 2015 As Peckham and Camberwell creep up the league table of the capital’s trendiest areas, neighbouring Dulwich remains as genteel and sedate as ever. Not much changes in SE21. It views its up-and-coming neighbours with the same bemused condescension that a retired judge regards the hoop in his grandson’s ear. He doesn’t understand it, but he’s [...]
Private view: On the market in Dulwich this week July 23, 2015 COURT LANE GARDENS, DULWICH VILLAGE, SE21 £2.95m This six-bedroom family home is on a sought-after road in Dulwich Village that’s less than half a mile away from North Dulwich station. In total, there’s 3,027sqft of living space over three floors, including two living rooms and a kitchen designed by world-renowned architect Johnny Grey and a [...]
Tripadvisor revenue leaps 25pc despite intensifying competition July 23, 2015 The figures Tripadvisor was slated for growth, and still managed to beat expectations with its revenue leaping 25 per cent to $405m, against $323m for the same period last year. Earnings per share came in at $0.40, against $0.47 last year. Why it's interesting The company’s sales have been growing over the last few quarters, [...]