North east takes top spot in Lloyds Bank’s UK economic growth survey June 9, 2014 THE UK economy is picking up pace around the country, according to firms reporting that output is climbing even after 19 consecutive months of growth. Lloyds Bank’s latest purchasing managers’ index (PMI) for English and Welsh businesses hit 59.8 in May, up from April’s figure and at the highest in five months. Growth is also [...]
Create your grand design inside an Edwardian factory June 5, 2014 PROPERTY brochures are often packed with glossy computer generated images depicting pavement café culture at its peak on a summery afternoon in June. But the promotional material for Loud and Western on the Broughton Road in Fulham is stark and bare. The first four houses went on the market yesterday in what’s known in the [...]
Almacantar wins consent to demolish Marble Arch Tower June 4, 2014 ALMACANTAR won planning consent on Tuesday night to demolish the 1960s Marble Arch tower in the West End and replace it with two new buildings designed by Walkie Talkie architect Rafael Vinoly. The taller 17-storey tower will have 53 luxury flats, shops and a revamped Odeon cinema on the ground floor. The second seven storey [...]
Ophir Energy lands new gas discovery June 4, 2014 Africa-focused explorer Ophir Energy has announced a new gas discovery in Tanzania. The Taachui-1 well was drilled by the Deepsea Metro I drillship . The well encountered gas in a single gross column of 289m within the targeted Cretaceous reservoir interval. The observed reservoir properties are in-line with those encountered at Mzia well. The size [...]
Lampard ends Chelsea career and is labelled all-time great June 2, 2014 CHELSEA have hailed all-time top goalscorer Frank Lampard as one of the all-time great midfielders after the 35-year-old announced he had played his last game for the club. England’s vice-captain at this summer’s World Cup scored 211 goals in 648 appearances, but his contract is set to expire on 30 June and will not be [...]
The biggest story since the end of the Cold War: China’s new anti-West axis June 2, 2014 IN THE words of the great stoic philosopher Marcus Aurelius, “The object of life is not to be in the majority, but to escape finding oneself in the ranks of the insane.” By this definition, the greater number of foreign policy analysts ought to be speedily locked up, as they have so underrated the seismic [...]
The biggest story since the end of the Cold War: China’s new anti-West axis June 1, 2014 IN THE words of the great stoic philosopher Marcus Aurelius, “The object of life is not to be in the majority, but to escape finding oneself in the ranks of the insane.” By this definition, the greater number of foreign policy analysts ought to be speedily locked up, as they have so underrated the seismic [...]
CNBC Comment: Putin’s bravado masks financial stress May 26, 2014 VLADIMIR Putin’s pivot to the East can no longer be in any doubt. Attending the St Petersburg Economic Forum (the annual meeting he set up to rival Davos) last week, high profile US attendees, like Lloyd Blankfein of Goldman Sachs, were notably absent. The most high-profile foreign delegates were from China, like vice premier Li [...]
Charles Dickens’ penny savings bank up for sale May 22, 2014 Grand financial institution sure to be a hit in trendy Clerkenwell BUILDINGS that do business usually stay that way. It used to be rare for people to live in old offices and factories, but now many more are coming onto the market as agents take advantage of the residential boom. “I certainly have never come [...]
China is the real victor as Putin looks East May 22, 2014 WHEN President Vladimir Putin voyaged to Beijing this week, it was with one thing in mind: strengthening Sino-Russian relations. The signing of a $400bn (£237bn) gas pipeline deal with Beijing formed the centrepiece of this effort. Russia’s aggression in Ukraine is pushing the US and Europe away, and Putin is looking to reorient towards an [...]