Trevor Steven: Liverpool are winning the transfer window so far, plus my verdict on Tottenham, Chelsea, Manchester City, Manchester United and Arsenal | City A.M. July 24, 2018 With the window closing in just two weeks’ time, the most surprising thing about this summer’s Premier League transfer activity is just how little business has been done so far. Of the top six teams to have traded, however, Liverpool stand out as having made the strongest signings by a distance. Alisson, whose £67m move [...]
What lies in store for the euro? July 24, 2018 The euro area has made reasonable economic progress in recent years. It has been recovering from the Western banking crash and credit crunch of 2007-9 and from the euro crises of 2011-13. A general calm has descended thanks to Germany and the other surplus countries depositing their money at the European Central Bank (ECB), which [...]
City of London office investment defies Brexit wobble as overseas interest soars | City A.M. July 17, 2018 Investment in City of London office space has defied Brexit uncertainty to hit a record high as demand for real estate in the Square Mile soars, especially from Asia. Despite the slowdown in other parts of the property sector such as the housing market, investment in City of London offices jumped to £3.6bn in the [...]
Why pockets of retailers are thriving in London July 10, 2018 The obituary of high street retail, according to the press, has been written. Physical stores are closing at a rapid rate. We don’t think this tells the whole story. The daily announcements of retailer bankruptcies points to an ever-decreasing pool of occupiers. However, we argue that the pendulum of pessimism in investment markets often swings [...]
The Petersham at Petersham Nurseries in Covent Garden review: Some decent, basic food for those willing to splurge an obscene amount July 5, 2018 Covent Garden has reinvented itself more times than Madonna, had more facelifts than Mickey Rourke, seen more costume changes than Matthew Kelly. Once a Monk’s vegetable patch, it’s been home to prostitutes and drunks, clowns and mimes, apples and Apple. Before Capital & Counties (Capco) bought the market and the surrounding seven acres in 2006, [...]
UK venture capital firm Draper Esprit partners up with German counterpart Earlybird in merger anticipation July 4, 2018 Draper Esprit, the UK venture capital firm behind Graze, Revolut and Crowdcube, has formed a strategic partnership with fellow prolific tech investor Earlybird Digital West in Germany. The AIM-quoted firm has committed an initial £16m to Earlybird's Fund VI as part of the deal, with a further intention to invest £15m per year for the [...]
Tom Davies talks eyewear, designing glasses for Clark Kent, and moving his factory from China to Brentford July 2, 2018 What do Ed Sheeran, Angelina Jolie, and Carrie Fisher, have in common? They’ve all worn spectacles created by luxury eyewear designer Tom Davies. The entrepreneur’s designs are highly sought after. Not only does he count celebrities among his clientele, but his glasses have appeared on the big screen. In 2014, he was asked to design [...]
For your eyes only: meet luxury eyewear designer Tom Davies July 2, 2018 WHAT do Ed Sheeran, Angelina Jolie, and Carrie Fisher, have in common? They’ve all worn spectacles created by luxury eyewear designer Tom Davies. The entrepreneur’s designs are highly sought after. Not only does he count celebrities among his clientele, but his glasses have appeared on the big screen. In 2014, he was asked to design [...]
Parliament backs third runway at Heathrow with strong majority in the absence of Boris Johnson June 25, 2018 Parliament on Monday night voted in favour of building a third runway at Heathrow Airport in a historic decision taken after decades of delays. The bill passed the House of Commons with a large majority of 296, as MPs from both Labour and the Conservatives defied their leaderships in large numbers. 415 voted in favour, [...]
Will a new cocoa cartel force up chocolate prices? June 21, 2018 Chocoholics and biscuit-lovers have been upset by the concept of "shrinkflation". This is where manufacturers reduce the size of people’s favourite treats without bothering to shrink the price. Consumers are getting less for their money – and this recent mooted changes in the cocoa market could end up handing more power to growers. Will this [...]