Starbucks will move European base to London April 16, 2014 STARBUCKS’ chief executive described London as the “perfect place to grow our European business”, as the coffee giant announced plans to move its regional headquarters from the Netherlands to London by the end of 2014. “Today, our largest and fastest growing European market is the UK. As the coffee industry has grown, the UK and [...]
Disunited Europe: EU’s jobless rates puts spotlight on two-speed recovery April 15, 2014 THE HUGE gap in economic fortunes between workers in different parts of Europe was laid bare yesterday, as new figures from Brussels showed unemployment rates stretching from 2.6 per cent in parts of Germany to a staggering 36.3 per cent in southern Spain. Jobless rates also vary within the UK, but overall the labour market [...]
The deals that show how fast London’s office rent race is speeding up April 15, 2014 Competition is hotting up in the London office market, with space under offer now at its highest level since 2000, thanks to companies, who had previously shelved plans to move, kick-starting their search for new locations in the capital. Just over 4.1m square feet of space was under offer at the end of March this [...]
The Iron Brady April 14, 2014 Annabel Palmer talks to sporting executive-turned TV star Karren Brady – the Conservative Party’s ambassador for UK small businesses SHE IS known as the First Lady of Football, but Karren Brady’s list of accolades extends far beyond the beautiful game. Wikipedia describes Brady as a sporting executive, novelist, author, TV broadcaster and columnist. And as [...]
Generation Wealth: Brands are overlooking the most lucrative demographic April 14, 2014 @LiamWardProud COURTING millennials is something of an obsession among media types. With brands chasing the digital trendsetters born between 1980 and 2000, marketing campaigns seem increasingly driven by Twitter hashtags, Facebook follows and all manner of social media buzzwords. This could be a huge mistake. The UK’s population is ageing – quickly. In 2015, over-40s [...]
Buy a family home in seclusion next to Richmond Park April 10, 2014 Find out why creative types are leaving central London for new leafy townhouses PRIVACY is becoming the new buzzword in high-end property. As London’s population grows and house-building becomes a top political priority, homeowners are becoming increasingly reluctant to live on top of their neighbours. In search of a room of their own, away from [...]
This Islamic bank wants to get Britain building April 10, 2014 Gatehouse Bank’s boss tells Tim Wallace he wants to invest more BRITAIN could become the first truly global Islamic finance centre if the government sets its mind to attracting infrastructure investment, according to Gatehouse Bank’s chairman. The sector holds plenty of promise – Fahed Faisal Boodai estimates the industry is worth $1.5 trillion, and the [...]
This Islamic bank wants to get Britain building April 9, 2014 Gatehouse Bank’s boss tells Tim Wallace he wants to invest more BRITAIN could become the first truly global Islamic finance centre if the government sets its mind to attracting infrastructure investment, according to Gatehouse Bank’s chairman. The sector holds plenty of promise – Fahed Faisal Boodai estimates the industry is worth $1.5 trillion, and the [...]
Are troubles in China a significant risk to the global economy? April 7, 2014 YES George Magnus AMID the market fragility of recent years, China has been an island of security. But growth is falling and a nascent credit bubble, which the People’s Bank of China (PBoC) is trying to quell with tough new measures, are starting to play on the nerves of investors. The fall in the renminbi, [...]
Gehry and Foster unveil Battersea Power Station designs April 7, 2014 Architects Frank Gehry and Norman Foster unveiled their designs yesterday for the next phase of development at Battersea Power Station that will include 1,300 homes on either side of new high street forming the gateway to the landmark building. It will be the first building in London for the Canadian-American Gehry, whose best known works [...]