Porsche on-demand? VW boss reveals Gett plans June 1, 2016 Fancy ordering a Porsche to get home, instead of a plain old car or cab? Volkswagen's partnership with on-demand Uber rival Gett could very well make that a reality. VW boss Matthias Mueller has revealed more about the tie-up between the car maker and the tech company announced last week, and that could include making a high end [...]
Brexit bluster: Telford Homes boss is so chill about housing he says he’d buy a plot on the day before the EU referendum June 1, 2016 The chief executive of a top London property developer is so confident about the resilience of the housing market that he'd buy a plot the day before the EU referendum. Speaking to City A.M. on a day of strong results for the company, Jon Di-Stefano, chief executive of Telford Homes, said: "Even if we vote out people aren't going to disappear [...]
Shadow mental health minister Luciana Berger targets Liverpool mayoralty May 31, 2016 Labour's shadow mental health minister is to confirm plans to run for mayor of the Liverpool city region, becoming the second member of the party's shadow cabinet to announce plans for local government. Shadow Home Secretary Andy Burnham announced that he would enter the race for the Greater Manchester mayoralty in mid-May, and this afternoon Luciana Berger will [...]
M&G Real Estate move in on the east London housing market with development in Bow May 31, 2016 More tower blocks are set to pop-up in east London as property investors M&G Real Estate has signed a deal with Telford Homes to build new private rental homes in Bow. The £69.3m development will comprise two five-storey buildings and one 22-storey tower near the Langdon Park DLR station. Telford Homes is the developer and contractor of the scheme, which [...]
London mustn’t dither its way into stagnation May 31, 2016 Funds that take a long-term view are sitting on an estimated $117bn (£80bn) which they would like to invest into infrastructure projects, including in the UK, according to Andy Rose, the new chief executive of the Global Infrastructure Investor Association (GIIA). Meanwhile, London is hungry for investment into essential services such as housing and transport. So [...]
Czech mate: Tank beer brewers Pilsner Urquell drink to growing success in London May 30, 2016 The craze for craft beer has spread across the capital in recent years, satisfying a growing thirst for high-quality beverages. But there's more to this trend than just ultra-hoppy, trendy cans of IPA. Another artisan beer movement has been gradually gaining mainstream attention. Tank beer has hit the London bar scene. While craft beer, which [...]
With HS2 dubbed over-priced by experts, does Britain have a problem with big infrastructure projects? May 27, 2016 Dr Robin Hickman, reader in transport planning and the city at the Bartlett School of Planning, University College London, says Yes. Large-scale infrastructure projects involve substantial economic, environmental and social impact – affecting present and future generations. Projects can cost billions and affect people and the environment in many different ways. We have a problem in [...]
Are you a GloMad or Tumbleweeder? Discover the London housing tribes that’ll be determining the property landscape May 26, 2016 Every week, City A.M. invites an industry professional to write about an emerging trend in the property market. Are you a MeCo, a Tumbleweeder, or perhaps a My Sizer? These are London’s new housing tribes. Through Strutt & Parker’s latest Housing Futures research, we discovered that 65 per cent of Londoners who intend to move [...]
Focus On Deptford: First time buyers flock to SE8 in search of affordable homes, but is it the new Shoreditch? May 26, 2016 In Tudor times, Deptford was the centre of the naval world. Operated by the Royal Navy from the mid-16th to the late 19th century, the Deptford Docks maintained warships for 350 years and attracted the greatest mariners of the time to its shores, from Sir Water Raleigh to Sir Francis Drake. But once the navy [...]
Boffins blast HS2 arguing Britain’s high speed rail offering could be five times more expensive than its French equivalent May 26, 2016 High Speed 2 (HS2) could be up to five times more expensive than its French equivalent according to a new academic study, reigniting rows over whether the £56bn railway plan is a “vanity project”. The academics, led by Professor Tony May from Leeds University and transport consultant Jonathan Tyler, said that France's TGV line from [...]