Fraudster-linked action group that took on RBS accused of overcharging investors October 7, 2018 Investors who signed up to an action group in a bid to sue RBS over its 2008 rights issue have been told they were collectively charged £8m through subscription payments, many of which should not have been made. The RBoS Shareholders Action Group company (AGC) brought together RBS shareholders who claimed the bank hid the true state of [...]
Someone’s redesigned London’s Tube map to show what salary you need to afford a flat at any station October 4, 2018 Have you ever wondered how much you’d need to earn to buy a flat in London? Then fear not – Totally Money has redrawn London’s Tube map to help you on your way – or entirely crush your home owning dreams, more likely. Read more: Millennial home ownership slides as affordability crisis worsens Even if [...]
Theresa May declares ‘austerity is over’ as she lifts cap on how much councils can borrow for housebuilding October 3, 2018 Theresa May declared the end of austerity is in sight as she unveiled plans to let councils borrow more cash to tackle the housing crisis. In her speech to the Conservative conference on Wednesday, the Prime Minister hinted at a financial boost for the UK's public services after Brexit, in a bid to show the [...]
The guardians of the art industry: How a former trader is giving old buildings a new lease of life September 28, 2018 Scott Franklin is like the popular kid at school. When the former City trader shows me around the renovated Victorian warehouse in Clerkenwell, everyone we pass seems pleased to see him – which strikes me as unusual for someone whose role resembles that of a landlord. Franklin, who is the founder of Property Guardian [...]
Housing construction is stuck in the dark ages – time to embrace modern methods September 20, 2018 Imagine if there were an off-the-shelf solution to London’s housing shortage. Well, imagination could become reality: the nine-metre-high structure built from cross-laminated timber on show during the London Design Festival this week highlights that the technology is there. But this impressive prototype design is far from the UK’s traditional approach to building homes. Read more: [...]
Housing construction is stuck in the dark ages – time to embrace modern methods September 20, 2018 Imagine if there were an off-the-shelf solution to London’s housing shortage. Well, imagination could become reality: the nine-metre-high structure built from cross-laminated timber on show during the London Design Festival this week highlights that the technology is there. But this impressive prototype design is far from the UK’s traditional approach to building homes. Read more: [...]
We’ve all learnt from the collapse of Lehman Brothers, but complacency isn’t an option September 14, 2018 As wenear the 10 year anniversary of the Lehman administration this weekend, there has been a vast amount of commentary looking back. At this huge milestone, it’s certainly worth taking a moment to remind ourselves of how far we’ve come. If I take myself back to that Sunday, when the prospect of Lehman Brothers going [...]
We’ve all learnt from the collapse of Lehman Brothers, but complacency isn’t an option September 14, 2018 As wenear the 10 year anniversary of the Lehman administration this weekend, there has been a vast amount of commentary looking back. At this huge milestone, it’s certainly worth taking a moment to remind ourselves of how far we’ve come. If I take myself back to that Sunday, when the prospect of Lehman Brothers going [...]
Holiday Homes: Morocco is re-fashioning itself into a hotspot for the international polo crowd with houses to match September 7, 2018 In pride of place on the wall of the Jnan Amar Polo Club in Marrakech is a picture of Sir Richard Branson. Taken in 2014, it shows the grinning Virgin mogul at the first British Polo Day, held at these Moroccan grounds for the first time and contributing a tidy donation to the Eve Foundation, [...]
12 Hay Hill in Mayfair shows shared workspaces are going upmarket to capture the professional crowd September 3, 2018 Coworking spaces seem to be taking over the city. Right now, the largest private-sector occupier of office space in central London isn’t a tech firm or major bank. It’s WeWork, a leading provider of shared workspaces. And coworking is big business: WeWork was valued at £27bn in June, making it the world’s second most valuable [...]