Buy now to take advantage of the Olympic dream July 29, 2010 NEW data released by Lloyds TSB and the Land Registry this week revealed that since London won its bid to host the 2012 Olympic games, property prices in east London have climbed an average of 26 per cent. This compares to a 22 per cent rise across London with houses in the top-performing district, Homerton, [...]
What now? Prepare for the next crisis July 28, 2010 PREDICTING the future can be a notoriously tricky business. If people declare with certainty that things will happen, they often don’t. While things that no one saw coming have a horrible habit of actually happening. The Asian financial crisis in 1997 came as everyone was talking about an “Asian economic miracle”, while the most recent [...]
A sorry tale for our times July 28, 2010 THE TERRIBLE PRIVACY OF MAXWELL SIM BY JONATHAN COE Viking, £18.99 by Zoe Strimpel JONATHAN COE represents the pinnacle of British picaresque – his iconic novel about 80s Britain, What a Carve Up, hilariously and tragically skewered the stereotypes of the time while developing a narrator who is impossible not to care for even as [...]
GOING OUT July 28, 2010 WITH the summer just about living up to expectations this year, outside space has become the holy grail when picking a great place to drink in London. It’s certainly tricky to find in Mayfair and the West End so when the sun does come out, here are some of the best alfresco spots to seek [...]
Miliband the elder is Labour’s best chance July 27, 2010 POLITICAL EDITOR THERE are few things duller than a Labour leadership contest. The five rivals have been travelling the length and breadth of the country, delivering exactly the same stump speech at a never-ending series of hustings. It’s a running joke among the contenders that they know each other’s scripts off by heart, not just [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 25, 2010 THE SUNDAYS The Sunday Telegraph FUND CHIEF SLAMS OFWAT One of Britain’s leading investors in the UK’s water industry has said that Ofwat is “dysfunctional” and should be merged with the electricity regulator, Ofgem. Neil Woodford, leading fund manager for Invesco Perpetual, said that the water regulator did not understand the equity market and that [...]
Airbus signs over $28bn in deals at show July 22, 2010 AIRBUS, which has already signed $28bn (£18.3bn) in deals, topped the last days of the Farnborough show after announcing a bumper order from Virgin America for 60 planes. The EADS-owned manufacturer said yesterday that its total commitments, signed at the show, had reached 255 aircraft valued at $28bn. Airbus has seen firm orders for 133 [...]
Find a superstar facialist July 19, 2010 LONDON is overwhelming at the best of times. When it comes to locating the best therapists in a sea of spas and salons, you may well end up overpaying for the privelage of an inferior, unsatisying treatment and a surly, standardised therapist. Facials are among the most intimate treatments and are the easiest to get [...]
City office rents left behind as West End soars July 19, 2010 OFFICE rents in the West End have increased for the first time in three years, far outgunning steady rises in City charges, research out yesterday claimed. West End rents rose 13 per cent to £85 per square foot in the last three months, in what property advisers Jones Lang LaSalle (JLL) described as a “real [...]
West End falls behind rest of capital July 18, 2010 LONDON’S West End has seen an upsurge in high-end purchases, though shops in the area have bounced back at a slower rate than the rest of the capital. June sales in the West End shops rose 10 per cent on last year, compared to a 14.4 per cent rise in London and a 1.2 per [...]