Billionaire Renishaw co-founder Sir David McMurtry dies December 9, 2024 The billionaire co-founder of engineering giant Renishaw has died at the age of 84, it has been announced. Sir David McMurtry founded the Wotton-under-Edge-based company with his former colleague John Deer in 1973 and took it public ten years later. Sir David was awarded a CBE in 1994 and was knighted in 2001. He stepped [...]
Is Britain ready for war? December 6, 2024 The government’s decision to scrap a number of defence capabilities has left our military’s ability to deploy in an emergency in serious doubt, says William Freer Last month, the Secretary of State for Defence, John Healey, announced a suite of military capabilities to be cut to redirect a portion of the defence budget. The assets [...]
Yours for just £35m: Prices at London’s most expensive development revealed December 3, 2024 Luxury apartments at London’s most expensive residential property development ever will hit the market for £35m or more and have already racked up a waiting list of over 600 super-rich buyers. 1 Mayfair, the £2bn super-luxury scheme being ring-led by the Phones4u billionaire John Caudwell, is set for completion in spring of 2026 when it [...]
City rents rise as return to the office drives up demand for prime locations December 3, 2024 Available office space in London’s most sought-after areas has slumped to near record lows as businesses continue to reverse pandemic-era working from home rules. According to global property consultancy Knight Frank, availability in newly constructed office buildings has fallen to 0.3 per cent in the West End Core – which includes Mayfair and St James’s [...]
The Trump effect? Why super-rich Americans are moving to the UK December 3, 2024 Trump’s election victory was widely seen as a boon for America’s top one per cent, but not all of them welcome the return of the Don. Some of them are fleeing their native America, and choosing the UK as their sanctuary, writes Ali Lyon. Tom Ford and Ellen DeGeneres have plenty in common. As well [...]
Stellantis: Shares in Vauxhall owner plunge after boss’s shock resignation December 2, 2024 Stellantis last week placed more than 1,000 jobs at risk after announcing plans to close its manufacturing facility in Luton.
Domaine des Etangs is a weekend escape in the South of France like no other November 29, 2024 Domaine des Etangs is that rare and wonderful thing: a retreat in the most incredible, secluded location that you will never want to leave. THE WEEKEND “This is the land of chestnut eaters,” Jean-François, grounds keeper of the Domaine des Etangs, tells me as we roam the 1,000-hector woods collecting fistfuls of fallen chestnuts. It’s [...]
Sing Dragon to hit the right notes in Golden Jubilee November 29, 2024 SUNDAY’s feature race on the Sha Tin programme is the highly competitive Class Two Peninsula Golden Jubilee Challenge Cup (8.05 am), a handicap over six furlongs run on the all-weather surface. A dozen of the quickest speedsters in the territory bursting out of the stalls and vying for positions before the first bend suggests that [...]
How Aviva and Ageas could go head-to-head in Direct Line bidding war November 29, 2024 The stage is set for a bidding war after Aviva threw Direct Line back into the takeover spotlight with a £3.3bn approach.
UK property market surges but warnings of Budget’s impact linger November 29, 2024 Transactions in the UK residential property hit over 100,000 in October but expects warn the full impact of the Budget has yet to be filtered in