Derwent London’s shares rise on new lettings and special dividend February 28, 2017 Office developer Derwent London's share price climbed this morning after it lifted its final dividend by 25 per cent and also announced a special dividend. The figures In its results for the year ending 31 December, Derwent posted a net rental income growth of 5.2 per cent, up from £138.7m in 2015 to £145.9m last year. The [...]
This firm thinks we’re all going to car share in the future and this is what it’ll look like February 28, 2017 From Uber to Bluecity, many firms are getting in on car-sharing or carpooling these days. But design firm Ideo thinks in the not so distant future, we could all be sharing cars. It has designed a new concept for the future of the car in the next 10 years, as ride-sharing and the on-demand economy expand [...]
Video game designer turned chief executive aims to propel his company into the elite February 27, 2017 As a Star Wars and science fiction enthusiast famous for co-authoring a “seminal” video game in the 1980s, it is perhaps unsurprising that David Braben does not come across as a typical chief executive. Sitting tie-less in the City offices of investment bank Numis on the morning of a trading update, the founder of Frontier [...]
Uber takes on TfL in High Court over English language requirements February 26, 2017 The car-booking firm Uber joins forces with three of its drivers this week to launch a High Court challenge to English language tests for minicab drivers. Under the proposals, put forward by Transport for London (TfL), private-hire drivers without UK qualifications will have to take a two-hour test to demonstrate their English language skills. Yet [...]
Focus On Paddington: With Crossrail, a £775m glass cube and new homes, W2 is about to become one of London’s next property hotspots February 24, 2017 Believe it or not, Paddington, synonymous for so long with its eponymous cartoon bear and its fantastic transport links, is one of the most undervalued places in Prime Central London. Within walking distance to Hyde Park, Oxford Circus and smart neighbourhoods like Mayfair and Knightsbridge, it’s nevertheless not traditionally seen as a great residential location. [...]
Storm Doris: A man has been injured in an incident at Victoria station February 23, 2017 A man has been hospitalised after receiving a head injury when he was hit by falling debris caused by high winds at Victoria station. The London Ambulance Service was called at 2.59pm to reports of an incident on Victoria Street, and sent an ambulance crew, a single responder in a car, an incident response officer and [...]
Storm Doris leads to train delays as tree falls on rail tracks – travellers are advised to avoid Euston station February 23, 2017 Storm Doris is wreaking travel chaos across the country today, with rail service disruptions set to continue all day. All west coast services out of Euston have been cancelled, and Transport for London has advised travellers to avoid the station if possible. https://twitter.com/victorialine/status/834759837208760320 London Thameslink services are severely disrupted, and there will be no direct service [...]
Storm Doris: London Fire Brigade has been called out to 36 weather-related incidents February 23, 2017 London Fire Brigade has been called out to 36 Storm Doris-related incidents so far today, as strong winds batter the city. The Met Office has issued a severe weather warning and said winds of up to 70 mph are likely. The storm has also caused major delays across the UK's transport networks, with trees falling onto [...]
Airbnb isn’t only revolutionising the holiday market; it’s also changing the way offices are designed February 23, 2017 When Airbnb sent round a survey to its employees in Paris asking what they’d like in their new office, the request was for a petanque field. For the uninitiated, petanque is a form of boules played with a wooden ball. “We were like, ‘weeeelllll, that may not happen, it could be a little dirty and [...]
Northern allure: What Stockport offers investors that London never could February 23, 2017 London property has long been the pinnacle of investment portfolios worldwide, but a slowdown in the capital’s market is prompting a shift in attitudes. For areas of the UK which have failed to grab investors’ attention in the past, large cash injections and a shift in government policy have helped fuel immense residential and commercial [...]