King & Wood Mallesons’ City boss on rebuilding after the UK’s largest-ever law firm collapse November 4, 2018 When King & Wood Mallesons’ (KWM) European arm filed for administration on 17 January 2017 it was the culmination of a slow-motion car crash that had kept the UK legal market agog for months. Less than two years on the new London managing partner of what has been dubbed KWM 2.0 is not keen to [...]
Help to Buy extended to 2023 for first time buyers: Industry reacts October 29, 2018 The fate of the government’s Help to Buy scheme was cleared up this afternoon after the chancellor said that he would be extending a revised version of the policy until 2023, but for first-time buyers only. From April 2021 the scope of Downing Street's flagship housing policy will be narrowed down, with only first-time buyers [...]
Listed challenger law firm Gordon Dadds swallows 150-year-old City firm Ince & Co October 29, 2018 Gordon Dadds is set to become the largest listed law firm in England after today agreeing a deal to buy venerable City shipping firm Ince & Co for £34m. City A.M. revealed the firms were in talks last month following which shares in Gordon Dadds were suspend. Gordon Dadds, which advised The Telegraph in the Philip Green [...]
World’s most expensive houses suffer growth slowdown as London slump persists October 29, 2018 Prices for the world’s most luxurious houses have slipped to their lowest annual levels in nearly six years, as stricter regulations and growing political uncertainty deter wealthy buyers in a number of cities. Prime property prices across the globe climbed 2.7 per cent in the last 12 months, marking the slowest rate of annual growth in [...]
BDO extends lead as top junior market auditor October 29, 2018 BDO, the UK’s sixth-largest audit firm, has hugely extended its lead as the UK’s top auditor of mid-size, Alternative Investment Market (Aim)-listed firms – more than quadrupling the gap between it and second-placed KPMG in the past half a year. New data from Adviser Rankings shows BDO now has 149 Aim-listed clients, 23 more than [...]
Edward Burne-Jones at the Tate Britain review: A load of daft paintings but some first-class curation October 26, 2018 Until Feb 2019 It’s easy to be sniffy about the Pre-Raphaelite Brotherhood, a bunch of bohemian Victorians obsessed with mythology and romanticism, who spent their days painting big, silly pictures of King Arthur and sleeping with each other’s wives. They claim their highly decorative works harked back to the days before art became formalist and [...]
SCS to stop selling through House of Fraser after orders slump October 25, 2018 Furniture company ScS will close all of its concessions at embattled department store House of Fraser by the end of January after it was taken over by Sports Direct founder Mike Ashley. The company said its orders through House of Fraser had more than halved in the twelve weeks ending 20 October. Ashley bought the [...]
Who the heck is Nick Clegg? Seven facts about Facebook’s new spin chief October 20, 2018 Facebook’s decision to hire the UK’s former deputy prime minister Nick Clegg as its communications chief was one that seemed to come out of left field. Clegg had previously held a prominent role in British public life as head of the UK’s third party the Liberal Democrats between 2007 and 2015 and the UK’s deputy prime minister between [...]
Focus On Borough: Huge change is coming to the ancient part of central London. Is it time to buy? October 19, 2018 In many ways, Borough is typical of London. Some parts of it are eye-wateringly old, like foodie haven Borough Market, which celebrated its 1,000th birthday this year. Other parts are tediously touristy, like London Dungeons. Other parts are so recharged, they’re unrecognisable, like Hays Galleria or anything within 100m of The Shard. It’s a muddle, [...]
London developer Galliard invests £500m in new Birmingham homes October 15, 2018 London property developer Galliard has embarked on a £500m joint venture project in Birmingham amid efforts to expand beyond the capital’s subdued housing market. In its first Midlands project, Galliard has purchased a portfolio of new developments in partnership with regional developer Apsley House Capital, in a bid to tap into Birmingham’s growing popularity among young couples and first-time buyers. [...]