SINGAPORE TYCOON TO PITCH FOR FULHAM’S HISTORIC TOWN HALL December 11, 2011 FORGET the West End, the eyes of the property world will tomorrow be fixed on Fulham, when the council decides the fate of its historic town hall. The tender to develop the Grade II-listed site, which dates back to 1888, has been narrowed to a list of three developers – one retail, one residential and [...]
Retailers add cheer to gloomy high st December 11, 2011 DEPARTMENT store John Lewis has offered some hope to the ongoing high street gloom by revealing record sales last week as the Christmas shopping season gained momentum. Sales rose by two per cent to £123.5 in the week to December 10, rising 12.5 per cent on a two-year basis as customers snapped up winter clothes [...]
To save the euro and end the liquidity crisis Germany needs to leave the Eurozone December 11, 2011 THE crisis in the Eurozone is widely portrayed as being about solvency and the need for fiscal balance and austerity, but in fact these are longer term issues – the immediate crisis is one of liquidity. Solvent countries can’t roll over their existing stock of debt, as the available liquidity behind the largest economy in [...]
CITY SNAPS UP FLATS IN DELAUNAY NEIGHBOUR December 6, 2011 NO PRIZES for guessing who was first through the doors of The Delaunay: restaurant reviewer AA Gill, who was yesterday spotted having breakfast with the new brasserie’s co-owner Jeremy King. Of course, Gill was followed closely by The Capitalist, who caught up with King as he studied the architects’ plans for his next opening Brasserie [...]
CITY VIEWS: WOULD YOU SHOP IN THE CITY AT WEEKENDS? December 1, 2011 LUCY DILLAWAY | CALYX “I would if the trains were working. I live in East London, and the DLR is not always on. The trains aren’t consistent on the weekend, so it’s hard to come in. I’ll shop near home or online instead.” NICKY DOCKREE | AWD “Normally I’d go to the West End to [...]
Shaftesbury gets boost from booming West End November 30, 2011 THE WEST END property company Shaftesbury has hailed it most “prosperous” era despite the economic gloom, as it posted a 12 per cent rise in full year net asset value. Shaftesbury owns a prized portfolio of 500 properties in London’s popular tourist spots including Carnaby Street, China Town and Covent Garden. Brian Bickell, Shaftesbury’s former [...]
City A.M.’s at-a-glance guide to the key points of Osborne’s mini-Budget November 29, 2011 UK ECONOMIC OUTLOOK • The Office for Budget Responsibility (OBR) has slashed the growth forecasts it made in March. • Its central forecast for 2011 has been revised down to 0.9 per cent from the 1.7 per cent March prediction. It expects 0.7 per cent year-on-year GDP growth in 2012, instead of 2.5 per cent. [...]
ANALYSIS l SOME OF THE PROJECTS November 29, 2011 SCOTLAND ■ Rail, roads, local transport, water, flood and waste powers all devolved Edinburgh: Super-connected city funding NORTHERN IRELAND ■ Transport, energy, water, flood and waste powers all devolved ■ Belfast: Super-connected city funding NORTH WEST ■ Mersey Gateway Bridge ■ Manchester Cross City Bus ■ Reinstating Todmorden Curve WEST MIDLANDS ■ Evesham Bridge Maintenance [...]
ECB sign £50m Investec deal November 24, 2011 THE COFFERS of the England and Wales Cricket board will be boosted to the tune of £50m over the course of the next 10 years after they agreed a record breaking sponsorship deal with Investec. The blue chip bank ended their 12-year association with the Rugby Football Union in June and have turned their attentions [...]
Drink, drugs and violence: activists stand accused of wrecking the City November 21, 2011 PROTESTERS at St Paul’s are living in human waste, desecrating the cathedral and exposing children to users of hard drugs, according to new legal documents. The City of London filing at the High Court describes a scene of degradation, where gutters are used as toilets, activists daub graffiti on the walls of the seventeenth century [...]