BBA: blanket bailout unfair October 11, 2011 EUROPEAN governments should focus on getting their houses in order and should not force blanket recapitalisation on the region’s banks, according to the head of the British Bankers’ Association (BBA), the industry body. BBA chief Angela Knight told City A.M. that bailing out banks should only be done if necessary as the third leg of [...]
STANMORE, HA7 October 6, 2011 CASTLE KEEP PENTHOUSE Price: £999,995 Castle Keep Penthouse is a duplex apartment over two floors and a roof terrace. It has high ceilings, an elegant dining room with a marble fireplace, three double bedrooms all en suite, a luxury bespoke oak-finished kitchen, guest cloakroom and laundry room. Contact: Savills on 01923 824 225 or go [...]
WORLD CUP RUGBY STAR REVEALS AN UNEXPECTED WEAKNESS September 29, 2011 THERE HAS only been one occasion when Jason Leonard, the most-capped England rugby player of all time, has been intimidated on the pitch. That moment came when Leonard met Norman Hadley, a six foot nine Canadian rugby union player with a scar down his cheek that “didn’t come from rugby”. For reasons best known to [...]
London prime property soars September 26, 2011 INVESTORS fleeing from the Eurozone turmoil are parking increasing amounts of money in top London property, pushing the price of prime houses close to £4m in recent weeks. Viewings are up by 25 per cent over the three months to September. The number of available properties has risen by 13 per cent, but not enough [...]
Monaco’s calling September 22, 2011 TIMES are tough for property in some parts of the world. Not, however, in Monaco, where investors seeking classic, mature markets feel comfortable. The fact that it’s still one of the most glamorous locations on earth – with some of the world’s best restaurants and casinos (and let’s not forget the marina) – doesn’t hurt, [...]
MAIDA VALE, W9 September 22, 2011 CHIPPENHAM ROAD Price: £325,000 This attractive one-bedroom, first floor flat has neutral decor throughout. It has a reception room with high ceilings, a smart open-plan kitchen and sizeable bedroom, en suite bathroom and ample storage. Contact: Foxtons on 020 7449 6000 or go to www.foxtons.co.uk CLIFTON GARDENS Price: £7.95m This spacious family home has a [...]
Mooted deal gives late lift to stocks September 19, 2011 US stocks fell yesterday but staged a late comeback after fears of a looming Greek debt default diminished on news of a possible deal to advance new bailout funds to Greece. Stocks spent most of the session sharply lower after European leaders disappointed investors by failing to come up with any new solutions to the [...]
Getting the very best from the Home Counties September 15, 2011 PEOPLE are often very unfair to the Home Counties,” says James Grillo of Chesterton Humberts, “There is so much more to it than sprawling suburbia.” Indeed, as he points out, there’s more woodland per acre in Surrey than another county in England. “The schools are great, the commute is quick and the properties are fabulous.” [...]
Edges smoothed on Swiss prices September 15, 2011 ORDINARY mortals find the cost of a single pizza in Switzerland staggering – friends reported having to pay SFR50 for one in Verbier a few weeks ago. Indeed, with the Swiss franc having appreciated by 20 per cent against the euro in the last 12 months alone, the Swiss economy has felt the effects on [...]
Asset manager list shows who is best in class September 11, 2011 A NEW list of the top young asset managers has highlighted the growing importance of emerging markets. More than a quarter of the young asset managers who made the Financial News “40 under 40” list either invest directly in emerging markets or have spent time working or researching in developing countries. The list also reflects [...]