Singapore firm to develop new London village November 4, 2013 SINGAPORE-based property group Oxley Holdings has snapped up Royal Wharf, the largest mixed-use site sold in London since Battersea power station. Oxley now intends to build 4,000 residential properties on the 40-acre space, along with a number of attached facilities. The development is less than three miles east of Canary Wharf, one of London’s finance [...]
City Moves for 31 October 2013 | Who’s switching jobs October 30, 2013 European Wealth The wealth management business has announced the hire of Martin O’Grady as an associate director in its investment management division. He was most recently at Barclays, where he was a member of its UK and Ireland high net worth team. PwC The professional services firm has made two appointments to its energy and low [...]
City Moves for 30 October 2013 | Who’s switching jobs October 29, 2013 KPMG The professional services giant has announced the appointment of Gary Reader as global head of insurance. Reader is a KPMG veteran having been at the company for 28 years, and was most recently its UK head of insurance advisory. Capco Christopher Geldard has been appointed head of the global banking practice and member of [...]
Don’t blame foreigners for our self-inflicted housing shortage October 28, 2013 LONDON’S housing policy is in a mess: rules, restrictions and levies make it hard and expensive to build homes in the right places, crimping supply. Combined with growing demand, this has pushed prices up. While the coalition’s reforms have helped slightly, making it easier to convert old offices and simplifying some rules, and more public [...]
Rising university applications set to boost student housing rents October 28, 2013 STUDENT housing rents in London are set to rise by three per cent over the next 12 months because of the rising number students enrolling to universities and the lack of available rooms to rent in the capital. Knight Frank said London rents – up 1.73 per cent this academic year compared with last year [...]
A sci-fi treat with plenty of brains October 24, 2013 FILM ENDER’S GAME Cert 12a | By Simon Thomson Four Stars ENDER’S Game is a science fiction adventure about a special boy, sent to a special school, where he is trained to be a ruthless war commander. Basically, it’s Harry Potter. If he’d been sent to a military academy. In space. The internet has been [...]
The real McHoy October 20, 2013 Annabel Palmer talks to Sir Chris Hoy: Olympic athlete turned entrepreneur BRITAIN has caught the cycling bug. Close to 7m people hop on a bike once a month, a rise of 1m in four years. Not only are City professionals now donning full lycra for their daily commutes, but the craze has inspired entrepreneurial flair [...]
Knight Capital fined $12m over trading mistake October 16, 2013 KNIGHT Capital, now part of KCG Holdings, was fined $12m (£7.5m) to settle charges connected with a trading error in 2012 that caused millions of errant orders to flood the market, the US Securities and Exchange Commission said yesterday. Knight did not have appropriate risk controls in place to prevent the execution of erroneous trades [...]
Free tools seek to fill advice gap as DIY investors rise October 15, 2013 But the evidence still suggests that financial advisers are key to long-term financial planning THE TREND towards DIY investment is accelerating. On top of the rising popularity of low cost execution-only investment platforms, some think that the Financial Conduct Authority’s retail distribution review (RDR), which came into effect at the beginning of 2013, has intensified [...]
BFI London Film Festival second week highlights October 14, 2013 THE STARS may not turn out in their droves and it may not be the stand out event in the film festival calendar, but in its own understated way, the London Film Festival has been pleasing London film buffs for decades. From the gala screening of Tom Hanks’ Captain Phillips that opened the festival, to [...]