Bijoux – that is, tiny – flat in Mayfair rented in record time March 9, 2015 YOU COULD probably just about swing a cat in a one-bedroom Mayfair flat that was yesterday let at record speed. Boasting just 301 sq ft, the “bijoux” flat in Pollen Street, between Hanover Square and Regent Street, took just 40 minutes to let for up £1,560 per month. The new tenant, an “executive in the hospitality [...]
Battersea Power Station’s stunning new office development March 9, 2015 Battersea Power station is the latest development in London vying to become the next must-have office space for businesses. The massive redevelopment of the area south of the Thames will incorporate more than one million sq ft of office space across the 42-acre which also hosts homes, restaurants, cafes, bars and boutiques. Six upper floors [...]
Mayfair flat just bigger than a bathroom lets within 40 minutes for £1,560 per month March 9, 2015 London's property market appears as hot as ever, after a flat in luxurious Mayfair only a little bigger than a bathroom took just 40 minutes to let. Boasting just 301 sq ft, the one-bedroom flat in Pollen Street has set a new record for speed in London's notorious rental market. Mayfair agent E J Harris [...]
Heron Tower police raid: The colourful world of Chelsea FC’s forex partner CWM FX March 6, 2015 Only one company in the Heron Tower has alluded to this week’s police raid. We ask who they are… Three days ago police raided offices in the Heron Tower, hauling 13 City workers out of the building and away for questioning. The event has sent shockwaves through the Square Mile; but aside from pub gossip [...]
West End offices are the world’s costliest March 5, 2015 LONDON’S West End held onto its title as the world’s most expensive office market for the third year in a row, after hot demand and limited supply help push up rents last year. Businesses paid an average of €2,344 (£1,697) per square metre in 2014 for a foothold in the West End, according to Cushman [...]
Terry guaranteed new Blues deal, insists Mourinho March 3, 2015 CHELSEA boss Jose Mourinho has confirmed that skipper John Terry will be handed a contract extension to take him into an 18th season as a first-team professional at Stamford Bridge. The 34-year-old’s current deal expires at the end of the season, while it is Chelsea policy that players over the age of 30 are only [...]
Robert Walters sees profits rocket 80pc in 2014 February 26, 2015 MULTINATIONAL recruiter Robert Walters yesterday reported an 80 per cent surge in profits for the year ended 31 December, citing strong net fee growth across all its regions. Profit before tax grew to £18.2m over the period, with total revenue expanding 14 per cent to £679.6m. On a regional basis, net fee income in the [...]
Forget secular stagnation: America shows why the pessimists are wrong February 26, 2015 The US economic recovery is gathering momentum. January’s impressive labour market report showed that the US is in the midst of a long, sustainable upswing that could surpass any other business cycle in the post-1945 era. QE has proved to be a powerful monetary policy tool in the US. Low short- and long-term interest rates [...]
Focus on Hammersmith: The town where prices have grown by half February 26, 2015 When it comes to neighbours, Hammersmith has struck lucky. There can’t be another location in London that’s surrounded by such a cluster of affluent residential neighbourhoods. With Kensington to the east, Chiswick to the west, Fulham to the south and Shepherd’s Bush to the north, it’s a wonder this area is still known primarily as [...]
Sisters launch UK’s first bespoke vaping bar in London’s West End February 25, 2015 Things have come a long way since the cigarette cafe culture of Soho and Paris. Two sisters, both ex-lawyers, have set-up the UK's first high-end vaping bar. The Avant Garde Bespoke Vaping bar was launched in London's West End by Sadia Tanvir-Navaab and Almas Tanvir-Khan to cater to Britain's fast growing number of vapers. The [...]