Money in the pot? The cannabis trend could be the new gold rush November 16, 2018 Is cannabis the new gold? And if so, are we at the gates of a greener and much more lucrative gold rush? Long gone are the days in which the legalisation of marijuana seemed impossible. Across the world, laws have fallen, new laws have been made, and an increasing amount of research has established that [...]
New Bond Street named the third-most expensive shopping street in the world November 14, 2018 West End thoroughfare New Bond Street has been named as the world’s third-most expensive shopping street today in a new global survey. Rent on New Bond Street came in at $1,744 (£1,344) per sq ft per year, behind the main street of Hong Kong’s Causeway Bay on $2,671 per sq ft and Upper 5th Avenue [...]
How do you solve a problem like England’s No3? Ben Stokes’s move highlights uncertainty not flexibility November 13, 2018 Jonathan Trott retired from international cricket in May 2015 after a return to the England side ended in a disappointing stint against the West Indies. While the struggles to find a successor to opener and captain Andrew Strauss following his retirement in 2012 have been well documented, the difficulties in the No3 batting position have [...]
Beleaguered audit watchdog boss may be forced out within weeks, says senior MP November 13, 2018 Stephen Haddrill, the beleaguered boss of the Financial Reporting Council (FRC) may be forced to resign within weeks after a report into the widely-criticised audit sector regulator is released, a top Labour MP has said. Rachel Reeves, chair of the Business, Energy and Industrial Strategy (BEIS) Select Committee, said Haddrill, who has announced his intention [...]
Don’t like new build homes in glass towers? We round up the best conversion homes in characterful period buildings November 12, 2018 You want to buy a new house, but you don’t want to live in a soulless shell. There’s good news: the historic conversion market is continuing to boom, with London’s ancient buildings being scaffolded as we speak. Hampstead Manor, at the heart of which is white-stucco mansion Kidderpore Hall, is one such development. It’s being [...]
New homes: Our pick of what’s going on sale in London this week November 12, 2018 New developments on the market this week Aviator Place, Acton From £150,000 for a 40 per cent share of a one bedroom apartment Get onto the property ladder a share at a time by purchasing one of these Shared Ownership homes going on sale in west London tomorrow. Acton is an up-and-coming part of Zone [...]
Top of the class: London retailers post best results in Europe to push Paris into second place November 12, 2018 London’s West End has weathered problems on the high street to keep its position as the top of the European retail league, while seven of the top 10 shopping centres are in the UK. Shoppers spent almost €10.4bn (£9.1bn) on and around Oxford Street, Knightsbridge and Kensington for the year ending November, a 12 per cent [...]
London Assembly accuses Sadiq Khan of ‘incompetence’ over Crossrail delay November 9, 2018 London mayor Sadiq Khan has been accused of showing "incompetence" in his handling of the delay to the £15.4bn Elizabeth Line. The London Assembly's transport committee branded Khan's response to a letter it wrote in October – in which it accused the mayor of misleading the public about the delay – as "wholly unsatisfactory". On 31 August Crossrail announced [...]
Toshiba withdraws from UK nuclear power station November 8, 2018 Toshiba is pulling out of a nuclear power project in Cumbria after failing to find a buyer, it said today. The Japanese conglomerate said it would begin winding up its Nugeneration subsidiary, which was overseeing the construction of the power plant, and expects to record losses of roughly ¥15bn (£100m) as a result. The company [...]
Three ploughs £2bn into race to be the first to launch 5G November 7, 2018 Mobile network Three today said it will invest more than £2bn in 5G as operators race to be the first to roll out the new technology. Three said its investment in infrastructure puts it in a strong position for the launch of commercial 5G, which it hopes to bring to customers in the second half of next [...]