JUSTIN KING GOES THE EXTRA MILE FOR SPORT RELIEF March 19, 2012 SAINSBURY’S chief Justin King has been busy pounding the pavement in order to raise money for Sport Relief ahead of the Sport Relief Mile this Sunday. King, whose stores stock much of the Sport Relief charity merchandise, has run 32 miles across the UK in March in the hope of beating last year’s efforts for [...]
The appeal of a mature market March 15, 2012 THERE’S nothing emerging about Barbados. Barbados has arrived. It arrived a long time ago. But in a property environment where the hot new thing has lost some of its appeal over the past five years, tried and true is sometimes best. Like a Starbucks when you want to be sure of what you’re getting. But [...]
Captain Chris has to be of interest at a massive 14/1 March 14, 2012 THERE have only been seven runnings of the Ryanair Chase and sponsor Michael O’Leary won’t be happy that no horse from his native Ireland has won this yet. They arguably have their strongest hand this time with last year’s Jewson winner NOBLE PRINCE and the third home in this race 12 months ago, Rubi Light. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 11, 2012 FINANCIAL TIMES SEC LAUNCHES EXCHANGE PROBE The US market regulator has launched a broad investigation into whether exchanges favour large trading companies at the expense of smaller customers. The enforcement inquiries emerged from examinations by the Securities and Exchange Commission of how exchange operators, some of which also regulate their customers, manage conflicts of interest [...]
London rental costs slide due to weak jobs outlook March 11, 2012 THE WEAK jobs market in the City is partly responsible for a decline in central London rents, new research suggested this morning. Residential rental costs soared in the capital from mid-2009 to the end of last year – but have now started to ease off. On a three-monthly basis designed to iron out monthly fluctuations, [...]
WHICH SECTORS MAKE THE MOST BILLIONAIRES? March 7, 2012 ● TMT The tech and telecoms sector is holding firm towards the top of the table, with Carlos Slim, Bill Gates and Oracle owner Larry Ellison inside the top 10 and more than 100 across the entire list. Savvy investments in the likes of Facebook and Twitter can also make billions, as Netscape founder James [...]
CONRAN TO CREATE TUSCAN RESORT March 5, 2012 SIR Terence Conran has been signed up to transform a hilltop village in Tuscany into a €100m (£83m) luxury resort. An existing hotel on the Il Ciocco estate is being refurbished as the Renaissance Tuscany Il Ciocco Resort & Spa, which will stand among a community of around 100 new houses. Estate agency Knight Frank [...]
Taxing homes more isn’t the answer March 4, 2012 HERE is my factoid of the day: Italians have just replaced Russians as the top foreign buyers of prime central London properties, ending years of oligarch dominance, according to Knight Frank. The only reason the Greeks aren’t ranked higher is that there are too few of them. Analysts interested in predicting financial crises and unrest [...]
Prime property prices soaring March 4, 2012 Average prices for prime central London property rose 0.7 per cent in February and 11.6 per cent in the past 12 months, figures from Knight Frank revealed today. The jump takes prices 43 per cent above their credit crunch low point in March 2009, and 8.9 per cent higher than their previous peak in March [...]
RAPID RESPONSES March 4, 2012 Infernal devices [Re: All tax rates are too high, Friday] I don’t understand why so many people think the government knows how to invest our money. If they did, they would be in business not politics; or would at least have more experience of running a successful business. But every year policy-makers look busy by [...]