Family homes in the suburbs perfect for broody millionaires September 12, 2013 Leafy homes near the District Line in Southfields, south west London, break million-pound mark this year, by Melissa York FAMILY-SIZED homes with space for the children to run around have always been an expensive luxury in London. Southfields was always at the more affordable end of the scale; but not any more. A host of [...]
Hedge funds snap up Mayfair office space to house new staff September 10, 2013 THE AMOUNT of West End office space occupied by hedge funds has more than doubled in the past year, according to new figures, as established hedgies lease extra room for expansion plans. Over the past 12 months the West End space taken by hedge funds has ballooned from 25,000 square feet (sq ft) to 58,000 [...]
Property firm of the year September 10, 2013 This year has seen a marked change in the property industry. Developers are more upbeat and construction activity in central London has more than trebled since activity reached a low in mid-2010. Here are our pick of developers that have been leading the activity in the market and setting the scene for what should be [...]
PwC boss sees reasons to be cheerful in flat markets September 8, 2013 Chairman Ian Powell tells Marion Dakers about how the accountancy firm is seeking new sources of growth I’M slightly concerned,” says Ian Powell. “I thought that the activity in the transfer window was tense, and we have not gotten off to the best of starts.” The chairman of PwC UK might be harbouring doubts about [...]
Exclusive: Hard Rock eyes opening of a London hotel September 4, 2013 HARD Rock International is on the hunt for a new site in London – where its first iconic cafe was born – with the view of launching a luxury hotel in the capital. The group, famed for its collection of rock and roll memorabilia, has applied to trademark the Hard Rock Hotel & Casino brand, [...]
Syria crisis highlights a new model for how the Special Relationship can work September 4, 2013 I REMEMBER the exact moment I knew I was a dinosaur. I was included in high-level meetings, aimed at assembling a coalition to buttress George W. Bush’s effort to remove Saddam Hussein. When the topic of whether the British would come along arose, everyone laughed, regardless of party or foreign policy orientation. Confused, I asked [...]
Thrift out, £42m Ozil in at Arsenal September 2, 2013 ARSENAL last night abandoned years of thrift in spectacular fashion by spending almost three times their previous record fee on signing Germany midfielder Mesut Ozil from Real Madrid. At the end of a transfer window in which England’s top clubs spent an unprecedented amount, the Gunners provided the story of the day by paying the [...]
Cameron will look back on this vote as a political blessing August 29, 2013 SO THE heir to Blair, who seemed so keen to intervene in Syria, has been stopped in his tracks. Prime Minister David Cameron came home early from his holiday to persuade parliament of the need for action against Syria and in the end received a bloody nose himself. It might not look great for him [...]
Stagecoach climbs on bus growth in US August 29, 2013 BUS and rail company Stagecoach said yesterday its American business will help it hit forecasts this year. Stagecoach, which runs Megabus and some yellow school buses in the United States, said sales in this division rose 5.7 per cent in the three months to the end of July. Megabus revenues jumped 21.8 per cent. Its [...]
Caribbean dream August 29, 2013 Get a tan while you invest: now is the ideal time to snap up that dream property, says Steve Irish SUN, SEA, sand and a sound investment. Too good to be true? Not for business-minded buyers with capital behind them: there has never been a better time to snap up that beach-front idyll. While traditional [...]