Great Portland wins consent at Rathbone Place October 16, 2013 GREAT PORTLAND Estates has won planning approval to go ahead with redevelopment of the Royal Mail’s old sorting office in what is expected to be one of the company’s largest and most profitable developments to date. Westminster Council approved plans on Tuesday night to redevelop the 2.3 acre site off Oxford Street and build 42,000 [...]
Restaurant review: Urban Meadow October 15, 2013 RESTAURANT Urban Meadow, 150 Bayswater, W2 4RT Tel: 020 7792 7066 FOOD Three Stars VALUE Five Stars ATMOSPHERE Four Stars Cost for two with drinks: £50 THIS is one of those columns restaurant critics write after they’ve been on holiday, where they bang on about the nice places they’ve been eating while you’ve been stuck [...]
Cole ready to shine for West Ham again six months after his release October 14, 2013 FORMER England striker Carlton Cole is determined to prove his worth to West Ham after returning to Upton Park just six months after his release. Cole parted company with the Hammers in the summer after seven years with the club, having scored 59 goals in 237 appearances. Manager Sam Allardyce attempted to re-sign Cole last [...]
Going West: London welcomes a new FX brokerage October 13, 2013 Annabel Palmer meets the founders of Monex Capital, who are targeting tech savvy traders DESPITE the Asian Development Bank lowering its growth forecasts for emerging nations in the region earlier this month, European brokers are launching Asian-based subsidiaries in droves (forex and commodities brokerage MIG Bank, for example, opened a Hong Kong arm this year). [...]
Wages in public sector still beat private sector October 10, 2013 A NEW report published today reveals the gulf in wages between the public and private sectors, with government workers in some regions earning thousands more than their private counterparts every year. Despite the public sector pay freeze, think tank Policy Exchange says its calculations show that public sector salaries still outstrip their private sector equivalents [...]
A village in the heart of London October 10, 2013 It’s a tale of two towns with Clapham, but this new property in the Old Town allows residents to sample the best of both worlds CLAPHAM is the Dr Jekyll of south London districts. By day, it’s as genteel as you like. Well-to-do mothers crowd the streets, sipping good quality coffee while gently rocking babies [...]
Lenders fear bubble if UK does not get more houses October 8, 2013 MORTGAGE lenders yesterday warned house building levels are still dangerously low, as the government’s new Help to Buy scheme launched with the backing of five banks, including HSBC. The scheme gives a government guarantee to buyers with a small deposit saved up, making banks more willing to lend and increasing the range of mortgages on [...]
Great Portland hires new broker October 3, 2013 West End-focused property developer Great Portland Estates announced yesterday it has hired Bank of America Merrill Lynch as joint corporate broker with immediate effect, working alongside the firm’s longstanding broker JP Morgan Cazenove. The company declined to comment further on the appointment.
Luxurious living locked-up at The Courthouse, Westminster September 26, 2013 Central London homes sit on historical site DEVELOPERS hope they have done justice to the site of a grand old courthouse with its new luxury development at the heart of London. The Courthouse, the latest premium scheme by Barratt London, is located in popular Westminster on the site of the City of Westminster Magistrates Court [...]
RBS’s mad rise and catastrophic fall can’t all be blamed on Fred Goodwin September 23, 2013 IN THE boom years at the start of the twenty-first century, the Royal Bank of Scotland management came up with a marketing slogan. They would – it promised customers and rivals – “Make It Happen”. In giant type, the words were emblazoned on airport billboards and printed on tons of promotional material. A four minute [...]