Soubry says any wrongdoing over sale of BHS will be “taken very seriously” as MPs blast Sir Philip Green for the failure of the store June 6, 2016 Anna Soubry, minister for small business, industry and enterprise spoke strongly today in the House of Commons over the sale of BHS, saying any wrongdoing on the part of the directors of the company over its sale will be "taken very seriously." In a statement to the House of Commons, Soubry said: "Any wrongdoing will be taken very [...]
City Moves for 24 May 2016 | Who’s switching jobs May 24, 2016 The Dining Club Group The Dining Club Group, owner of dining clubs, tastecard and Gourmet Society, has announced that Annette Court has been appointed as the group’s new chair. Annette brings a wealth of experience to the role. She is currently a non-executive director of the boards of Admiral Insurance Group, Jardine Lloyd Thompson Group, [...]
EU referendum: Hundreds of celebrities urge public to vote for Remain May 20, 2016 Celebrities including Benedict Cumberbatch, Bill Nighy, Helena Bonham Carter, Jude Law and Keira Knightley have signed an open letter in support of the EU, as we enter the final weeks before the referendum. Hundreds of actors, writers, directors and artists have put pen to paper ahead of the vote, urging the public to vote to remain part [...]
Racing betting: Waady looks the safest option in Temple Stakes May 19, 2016 Trying to guess what the weather is going to do is the bane of my life. This time last week Newbury had been hit by over 50mm of rain in 24 hours and the ground for the Lockinge meeting was officially soft, heavy in places. Obviously I opted for horses with plenty of soft ground form, [...]
Tale of two cities: Winners and losers in the London housing market May 17, 2016 House prices in some of prime central London’s most expensive postcodes have plummeted by more than 10 per cent, while further out of town prices have powered ahead, resulting in a new two-speed market in the capital. The sea-change, caused by factors as diverse as stamp duty reforms and an economic slowdown in China, is creating [...]
This bank just moved into the Cheesegrater May 13, 2016 Lettings in the Cheesegrater, aka the Leadenhall Building, are creeping up: this morning the City's tallest skyscraper announced the newest of its tenants. Clydesdale Bank has signed a 15-year lease on the 17,300 sq ft 15th floor of the building, British Land and Oxford Properties, which co-own the building, said this morning. That pushes lettings at the [...]
This giant credit rating agency has just issued a warning about Sadiq Khan’s plans to freeze TfL fares May 9, 2016 Hmm. Looks like things aren't getting off to a great start for London's new mayor, Sadiq Khan, after one of the world's largest credit ratings agencies warned his central pledge may hurt Transport for London (TfL). That didn't take long… In a statement that was as brief as it was punchy, this morning Moody's warned [...]
Parking mad: London parking spaces sold for over £200,000 May 8, 2016 LONDON is one of the world’s most expensive places to pay for parking space. On Brewer Street in Soho, for example, you could spend over £50 on just three hours of parking. That may be why some mysterious buyers have forked out as much as much as half a million pounds to buy a parking [...]
Sir Lynton Crosby: This is how people reacted to the knighthood May 6, 2016 The election guru for Prime Minister David Cameron and Boris Johnson has today received his knighthood. Sir Lynton Crosby has been knighted for his service to politics, and suffice to say most people aren't too impressed. When it was announced in the New Years Honours list, shadow home secretary (who coincidentally announced interest in running for Manchester's [...]