PROPERTY NEWS IN BRIEF May 24, 2012 EMBERCOURT ROAD Price: £1.2m This five bedroom, four bathroom property has a large drawing room with a feature fireplace and French doors leading to the rear gardens. The property benefits from concrete floors and under-floor heating throughout. A ground-floor study has views out to the front. Contact Savills on 01372 461 900. HOLMBURY Price: £2.3m [...]
Home comforts provide Broad hope of extending purple patch May 23, 2012 ENGLAND paceman Stuart Broad is hoping to continue his fine form in the second Test against West Indies on his home turf of Trent Bridge tomorrow. Broad, who claimed 11 wickets in the first-Test victory at Lord’s earlier this week, took a hat-trick against India at Nottinghamshire’s ground last summer. “It was definitely one of [...]
Facebook hit by lawsuit over its float May 23, 2012 FACEBOOK shares rose three per cent to $32 yesterday, reversing the stock’s two-day slide. But the internet idol’s IPO woes are far from over after Facebook was yesterday hit by lawsuits from disgruntled shareholders. US law firm Robbins Geller filed a class action on behalf of new Facebook investors, alleging that the prospectus issued ahead of the IPO was [...]
Essex boy who became designer to a generation May 23, 2012 ASK most Britons to name a famous designer, and they will probably offer Sir James Dyson or Terence Conran. Although both are distinguished, neither can lay claim to something as generation-defining as the iPhone. It was designed by Essex boy Jonathan Ive, who was yesterday knighted for services to design. It’s strange, then, that Ive [...]
House prices in the capital are detached by location May 20, 2012 London’s property market is outperforming but some boroughs are well off the pace LONDON Neither London, nor England and Wales, have returned to their 2008 peaks – but London is close. From March 2009, prices have grown 16 per cent in London compared to 6 per cent in England and Wales as a whole. However, [...]
London property searches soar May 13, 2012 Financial and political turmoil in southern Europe caused a surge of interest in London property last month with buyers from Greece and Spain showing strongly among investors seeking a safe haven for their money. The number of Greeks searching for homes costing more than £1.5m on the website of property agent Savills jumped 39 per [...]
BBA’s Angela Knight to become chief of trade body Energy UK May 13, 2012 ANGELA Knight, current boss of the British Bankers’ Association, has been appointed the next chief executive of trade body Energy UK. The move sees Knight, who takes the helm at the end of July, revert to her background in the energy sector. She is perhaps better known for her financial work, including her current position [...]
Britain avoids global prime property slip May 13, 2012 THE VALUE of prime property in the world’s major cities dropped in the first three months of 2012, industry figures revealed today – the first time prices have fallen since 2009. Knight Frank’s prime global cities index registered a 0.4 per cent fall, led by Tel Aviv’s 6.6 per cent drop, Kiev’s fall of 6.4 [...]
Ex-slickers cooking up a storm May 13, 2012 Poncho 8 FOUNDERS Nick Troen (formerly a consultant at KPMG); Frank Yeung (formerly a trader at Goldman Sachs); Nick Birkett (formerly an investment analyst at BlackRock). BUSINESS The first Poncho 8 in Spitalfields opened in September 2009 with the aim of being the first of a fast-casual Mexican chain. www.poncho8.com WHY DID YOU LEAVE THE [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 9, 2012 FINANCIAL TIMES CRH to build on stake in China CRH blamed bad weather in Europe in the first quarter and volatility caused by the Eurozone debt crisis for reduced earnings in the first four months of the year in spite of a stronger recovery in the US market than expected. The Irish building materials group said [...]