Opinion: High net worth millennials are passing on the fixer-upper villa in Tuscany in favour of modern towers in global cities September 28, 2018 The millennial generation have different tastes and attitudes to their now middle-aged Generation X forebears. As they move into their thirties, they are playing an increasingly important role in the international property markets and many have significant buying power, either through inheritance or their own entrepreneurial flair. Previous generations favoured a stand-alone villa they could [...]
Over a quarter of Londoners want to become entrepreneurs in the London startup scene September 28, 2018 More than one in four Londoners want to start their own business, according to a new survey from technology product designer Studio Graphene. Millennials and parents with children under the age of 18 are the most likely to hold this ambition, with 45 per cent of young people and 41 per cent of parents [...]
Ollie Phillips: Joe Marler’s international retirement is a huge loss and raises questions about the England set-up September 27, 2018 Nobody should discredit Joe Marler for his decision to retire from international rugby at a relatively young age so that he can spend more time with his family. Marler doesn’t want to be a dad who never sees his children and you have to respect that. Joe’s upfront and will say if he doesn’t [...]
Book review: Gina Miller fails to Rise to the occasion in her debut memoir September 27, 2018 The case of Gina Miller is a peculiar one. Few political outsiders burst onto the scene so quickly and with such force as this former City investment manager, who has whipped up anger and hope alike since entering the boxing ring of Brexit. As its title suggests, Rise is a book in which Miller [...]
Home-owning pipe dream edges out of sight as first-time buyers need a £53,000 income to buy a house September 27, 2018 The average income needed for a first-time buyer to jump onto the property ladder has shot up 18 per cent in the last three years, in the latest sign that the dream of homeownership is becoming increasingly distant for many young professionals. Only three out of 20 major UK cities have become more affordable [...]
Exit the King: The National Theatre’s production of Ionesco’s absurdist drama wanders but the journey is worth it September 27, 2018 First performed in 1962, Exit The King is a tragic comedy about a clownish, centuries old despot who once held dominion over nature itself, but is forced to rapidly come to terms with his imminent death, his waning powers and his shrivelling kingdom. A great crack runs down the castle wall. Ministers are falling [...]
DEBATE: Is Labour looking more like a credible government-in-waiting after this year’s conference? September 27, 2018 Is Labour looking more like a credible government-in-waiting after this year’s conference? Finn McRedmond, staff writer at Reaction, says YES. In his keynote speech yesterday, Jeremy Corbyn said to Jim O’Neill, former Tory minister and Goldman Sachs economist: “You’re welcome, come and join us in the new political mainstream.” This was the pervasive sentiment: [...]
City Moves for 27 September 2018 – who’s switching jobs at CBRE, Invesco and Redridge? September 27, 2018 Today's City Moves cover property, fixed income and due diligence. Take a look at these movers and shakers: CBRE The world’s leading real estate adviser, CBRE, has appointed Chiara Zuccon as a senior director to spearhead debt origination within its market leading development and residential investment team. Chiara is joining from the Royal Bank of [...]
Jeremy Corbyn vows to vote down Chequers deal as he calls for UK to stay in a customs union September 26, 2018 Jeremy Corbyn has confirmed he would vote down Theresa May's Brexit plan as part of a gamble to trigger a general election. In his keynote speech to Labour's conference on Wednesday, Corbyn said his MPs would not back May's so-called Chequers proposal, but would also oppose leaving the EU without any trade deal. He claimed [...]
Woo the EU? Theresa May should take tips from the dating game September 26, 2018 Winning votes in an election is a lot like dating. I was explaining the principles of campaigning during a Westminster Foundation seminar in Ghana when one of the young candidates hit on this perfect analogy for electoral success. When you start dating someone, you are keen to establish common interests. “You like Love Island? [...]