What the other papers say this morning February 20, 2011 FINANCIAL TIMES BUSINESS JET TRAVEL REBOUNDS AS RICH SPLASH OUT FOR PRIVACY Private jet travel, shunned in the recession as a sign of ostentation, is recovering in a further sign that the world’s richest people are spending more freely again. The number of business flights – which includes celebrity, state and business hire – grew [...]
Fewer office deals at close of 2010 for Central London February 20, 2011 THE CENTRAL London office market saw a patchy end to 2010, according to research seen by City A.M., with the total number of deals in the fourth quarter down 19 per cent on the same time the previous year. Large office rent deals for JP Morgan, Bloomberg and BNP Paribas made up almost half of [...]
Style, charm and quiet in Marylebone February 17, 2011 THE idea of owning a luxurious home in central London is the sort of thing lots of upwardly-mobile urbanites aspired to. But given the chance, where and what do you go for? One of central London’s primary characteristics is the sheer range of localities, architectures and atmospheres all crammed into it. Grand apartment in Knightsbridge? [...]
Home comforts point to Indian World Cup glory February 17, 2011 JUST OVER a month ago and England were joint-favourites with some layers for the World Cup. They are now out to 17/2 with Victor Chandler and bookies will happily take your money. Lifting the World Twenty20, their maiden international trophy, last year and their rousing Ashes victory in the winter are fading memories after the [...]
A passionate novel depicting a turning point for women February 16, 2011 HALF OF THE HUMAN RACE BY ANTHONY QUINN Jonathan Cape, £12.99 BRAVO to Anthony Quinn, proving that men can write a perfectly passionate, convincing novel about women standing up for their rights, in this case kicking off amid the turmoil and violence of the beginning of the suffragette movement. His heroine Connie Callaway is a [...]
O Canada – the LSE’s new ally brings a jolt of energy February 15, 2011 Even if you knew little about the Toronto Stock Exchange before last week, the announcement of a planned merger between the London Stock Exchange Group (LSE) and TMX Group, which runs the Toronto exchange, is almost certain to change that. If approved by shareholders and competition regulators, the all-share merger of the two exchanges will [...]
The £120m question: Will Gold and Sullivan cash in? February 14, 2011 IN THEIR first press conference as majority owners of West Ham on 18 January last year, David Gold and David Sullivan made clear their ambition to move the club into the Olympic Stadium after the London 2012 Games. They knew it had the potential to catapult the debt-laden East End club into the big league; [...]
West End shop sales soar ahead, defying post Christmas slump February 13, 2011 LONDON’S West End stores have seen strong growth in sales in January, despite the rise in VAT and sluggish wage growth, it was revealed today. Retail sales were up 5.8 per cent compared to the same time last year, the New West End Company said. An increase in menswear was particularly notable, it said, reporting [...]
CITY MOVES | WHO’S SWITCHING JOBS February 10, 2011 Alvarez & Marsal The global independent professional services firm, today announced the appointment of Stuart Ells, a seasoned media and entertainment expert, to its European performance improvement business. His arrival marks the formation of a specialist media & entertainment team focused on supporting both corporates and portfolio companies of private equity firms in this sector, [...]
Lord Myners takes fresh job in the City February 7, 2011 EX-CITY minister Lord Myners this week added a second non-executive role to his portfolio, with his appointment as a partner and chairman of Autonomous Research, the independent research firm. And he is thought to have a third on the way as chairman of billionaire Nicolas Berggruen’s new acquisition vehicle which is seeking to raise around [...]