Help to Buy: Most popular London locations for first-time buyers revealed December 6, 2019 South London dominated the most popular locations for Help to Buy home purchases, new research has found after the government ISA scheme came to an end. Lewisham, Deptford and Croydon were all popular with buyers seeking to get on the property ladder, as first-time home owners were priced out of previously popular locations such as [...]
Spanish retail billionaire zeroes in on £600m London building deal December 2, 2019 A Spanish retail billionaire who owns fashion chain Zara is close to acquiring a West End office block for £600m. Amancia Ortega, via his real estate investment vehicle Pontegadea, is set to acquire The Post Building a 320,000 sq ft development in an ex-Royal Mail sorting office on Museum Street in Holborn. A deal is [...]
Capco to become real estate investment trust after completing £425m Earls Court sale December 2, 2019 Capital and Counties will officially become a real estate investment trust (Reit) this year after selling off its vast Earls Court development site. The FTSE 250 property giant said it is now a “prime central London property investment business centred around Covent Garden” after officially completing the sale of its stake in Earls Court to [...]
CAA website besieged by angry drone pilots ahead of registration deadline November 29, 2019 Thousands of UK drone pilots could face a fine of £1,000 if they fail to register their details with the Civil Aviation Authority (CAA) by the end of today. Drone users blasted the regulator on Twitter today, complaining that its website was repeatedly crashing as users rushed to register. Twitter user Toby Stripp said: “@UK_CAA [...]
Napoleonic cellars and Peaky Blinders: How the old merchants of St James’s Street are fighting to stay relevant November 28, 2019 Reserved, polite and unashamedly old-fashioned, the shop-owners of St James’s Street do not offer many similarities with the brash retail bosses we so often see in the news. Unlike Mike Ashley or Sir Philip Green, they are not waging takeover wars or stirring up corporate controversies. They are cautious in their ambitions, and conservative in their tastes. But just [...]
Christmas travel chaos looms as South Western rail staff prepare to strike from Monday November 28, 2019 Londoners are set to endure a month of chaos on one of the capital’s busiest railways, after last ditch strike talks between union bosses and the rail operator broke down again today. The 27 day strike, which begins on Monday, is on course to be London’s worst ever, and will hit all South Western rail [...]
UK mega-poll: Conservatives on course for 68-seat majority November 27, 2019 Boris Johnson’s Conservative party is on course to secure a thumping victory in next month’s election, according to a highly-anticipated poll published this evening. Were the election held tomorrow, the Prime Minister would defeat Jeremy Corbyn’s Labour Party in dramatic fashion, returning to Downing Street on 12 December with a 68-seat majority. A comprehensive seat-by-seat poll by [...]
Chelsea look an ideal destination if Jadon Sancho quits Borussia Dortmund and comes home next year November 26, 2019 Jadon Sancho is an exceptional talent and that’s why he will be courted by the very biggest clubs in Europe if, as seems increasingly likely, he looks to leave Borussia Dortmund next summer. At the age of 17 he quit Manchester City and moved to Germany in an attempt to accelerate his development. It worked: [...]
Premiership Rugby: Bristol Bears continue to go from strength to strength under Pat Lam as they lead the chasing pack November 26, 2019 Top of the Premiership at the first European break and with two wins from two in the Challenge Cup, Bristol Bears are starting to reap the rewards of years of patience and hard work behind the scenes. The domestic campaign is just four games old but victories over last year’s finalists Exeter Chiefs and local [...]
Pennon raises dividend on the back of robust first half of 2019 November 26, 2019 Pennon, which owns waste management firm Viridor and utility supplier South West Water, said it had posted a “robust” set of results for 2018 as the firm raised its shareholder dividend. Read more: Compass Group shares sink as catering unit is undercooked The figures Pennon’s profit rose 0.8 per cent in the half ending 30 [...]