Oil price growth stagnates on China trade worries after two-month highs November 23, 2019 Oil prices fell on Friday after previously hitting two-month highs, negating the week’s gains as fears over China-US trade talks were reignited. Brent crude oil futures fell by 1 per cent to end Friday on $63.39 a barrel, despite hitting a high of $64.27 earlier in the day. Read more: Oil industry reacts to Labour’s [...]
Outernet signs deal for ‘world’s largest’ LED screen deployment November 18, 2019 Outernet, a new immersive advertising and live entertainment space under construction in central London, has secured a deal to install the world’s largest deployment of LED screens. Outernet today said it has signed an agreement, understood to be worth millions of pounds, with Chinese display manufacturer AOTO to provide 8K, 360-degree floor-to-ceiling screens. Read more: [...]
Crane drain: Construction on new London offices slows to five-year low November 18, 2019 The number of new construction projects for office blocks in London has fallen by almost half in the last six months, according to data published today. Work has started on only 24 new schemes totalling 1.8m square feet (sq ft) in the capital over the last six months, compared to 37 schemes totalling 3.5m sq [...]
The emerging hipster capital of Germany, Leipzig’s history is rooted in revolution November 15, 2019 Look down on the quietly affluent pedestrianised streets of central Leipzig from the unparalleled heights of the Panorama Tower, and you would probably never guess that this is a city where the death knell was rung on the Cold War division of Germany. But this year Leipzig commemorates 30 years since a series of demonstrations [...]
Boris Johnson unveils ‘Get Brexit done’ election battle bus November 15, 2019 Boris Johnson unveiled his new election bus today during a campaign launch in Greater Manchester. The bus is emblazoned with the words: “Back Boris and vote Conservative to… Get Brexit Done.” Read more: Boris Johnson promised pent up tidal wave of investment Speaking to attendees, the Prime Minister said: “Some of you might ask why [...]
Focus on Wood Green: First-time buyers flock to this up-and-coming North London locale November 15, 2019 Known to many Londoners as the gateway to a night out at the Alexandra Palace, Wood Green is situated on the border between North East and North West London, just within the North Circular. It is also home to Wood Green Animal Shelter, one of the largest in London which was recently the subject of [...]
Shell picks Citi bank for $1bn sale of Egyptian oil assets November 15, 2019 Oil supermajor Royal Dutch Shell has appointed investment bank Citi to run the $1bn (£781.5m) sale of its oil and gas assets in Egypt’s Western Desert. Sources told Reuters that the sale should be officially launched at the end of the month. Read more: Royal Dutch Shell shares slide as profits fall 15 per cent [...]
First Group shares sink as losses widen after Greyhound charge November 14, 2019 First Group’s share price sank today as it fell to a £187m half-year loss as transport charges hobbled the firm while doubts weigh over the future of its West Coast Rail franchise. Read more: CMA flags competition concerns on 21 West Coast Rail franchise routes The figures The transport giant fell to a loss before [...]
£2.9bn of investment planned for Oxford Street by 2022 November 13, 2019 Oxford Street and the surrounding area is set to receive a total of £2.9bn in investment over the next two years, according to a new report. Westminster City Council has committed to investing £150m up to 2023 to transform the area, including a proposed public piazza at Oxford Circus, a public square at Marble Arch [...]
London’s New Bond Street has the most expensive retail rents in Europe November 13, 2019 London’s New Bond Street is the most expensive shopping street in Europe for retailers to rent store space. The street in the West End is more expensive than the Avenue de Elysees in Paris and shopping destinations in Milan, Zurich, Vienna and Munich. Read more: London falls on list of best cities for living and [...]