Styropack and Jablite deal sets up factory floor-to-corner office rise move April 27, 2015 THE DIRECTORS of Jablite and Styropack, including one who started his career on the factory floor at the latter 28 years ago, have completed a management buyout from previous owner Synbra Group. Richard Lee, managing director and new joint owner of the expanded polystyrene manufacturing business, started working at Styropack aged 17, and has worked [...]
Great Portland Estates and Aberdeen Asset Management sell £222m Wigmore Street office block April 27, 2015 Great Portland Estates and Aberdeen Asset Management have sold a huge office scheme at 95 Wigmore Street in London’s West End for £222.4m. The Wigmore Partnership, the companies’ joint venture, said yesterday that UBS Global Asset Management’s real estate business has bought 95 Wigmore Street near Bond Street station. The 98,800 square feet office block [...]
From Milifans to the Hound of Hounslow: here’s what got us talking this week April 24, 2015 It was the week which began with the transformation of the Labour leader into an idol (stop cringing at the back, please) and ended with HSBC threatening to leave these fair shores (again)…. Here’s what got us talking this week 1. Election The election campaign trudges on wearily, with a little under two weeks until [...]
Focus on Soho: West End hotspot proves that central London never stops moving April 23, 2015 Moments away from Oxford Street and its swinging sister Carnaby Street, Soho has been frequented by artists, writers and more than a few ladies of the night over the centuries. But the recent influx of boutiques, gourmet burger chains and private members’ clubs means the area has caught the eye of London’s prime property developers. [...]
Banks forced to compete hard for current accounts April 22, 2015 Britons have been shaken out of their traditional apathy towards their banks, as the switching scheme has successfully encouraged them to shop around, new data shows today. The seven-day switching service was used by 1.14m people to change current accounts, the Payments Council said, up seven per cent on the year. And the proportion who [...]
City Moves for 23 April 2015 | Who’s switching jobs April 22, 2015 N+1 Singer The corporate advisory and broking firm has appointed Nic Hellyer as director in its corporate finance team. He joins from HSBC, where he was managing director and head of its UK mid-market advisory team. Hellyer has also held roles at UBS and KPMG. Standard Chartered Sir Iain Lobban has been appointed senior adviser [...]
London taxi drivers protest on Oxford Street: Everything you need to know April 21, 2015 Black cab drivers today staged a highly visible protest that caused significant inconvenience in central London. Here's everything you need to know about the action by London cabbies. Where and when did the protest take place? The drivers started the "go-slow" protest on Oxford Street in the heart of London at 2:00pm, bringing Oxford Street [...]
Ballance tips Test towards England win April 16, 2015 BATSMAN Gary Ballance celebrated a century that made up in value what it lacked in fluency after steering England towards probable victory in the first Test against the West Indies last night. Ballance’s resilient 122 helped the tourists to a second-innings tally of 333-7 declared and ultimately a lead of 339 at the end of [...]
David Cameron to unveil right-to-buy extension to housing association properties, which could benefit 1.3m families April 14, 2015 David Cameron is set to announce a bold extension of Margaret Thatcher's iconic right-to-buy scheme. In a move designed to appeal to C2 voters, the Prime Minister will pledge discounts of up to 70 per cent for around 1.3m families living in housing association properties towards buying their own home. Cameron will unveil the scheme as [...]
City Moves for 14 April 2015 | Who’s switching jobs April 13, 2015 SunLife The financial services firm has appointed Emma Walker to lead its aggregator, digital, and customer experience teams. She joins from MoneySupermarket.com, where she was head of protection and non core insurance. LCH.Clearnet Steve Briscoe has been appointed group head of technology and operations at the clearing house. He joins from RBS, where he was [...]