Villa land Collins but Dunne deal delayed September 1, 2009 ASTON VILLA boss Martin O’Neill will have to wait until this morning to parade his deadline-day defensive pair after the Premier League requested more time to ratify Richard Dunne’s move from Manchester City last night. O’Neill is confident Dunne will be confirmed as a Villa player today with the ex-City captain having already completed a [...]
The best of both worlds: new builds take a historic turn August 20, 2009 EVERYONE from Kate Moss to Kylie Minogue to Roman Abramovich has one. Leonardo DiCaprio wants one. That’s because nothing says “I’ve made it” quite like a British country pile, preferably one with stables, guest cottages, tennis courts, carriage houses and swimming pools. Nowadays, if you don’t want the hassle of maintaining an old house, there [...]
Time is right for Broadgate stake sale August 18, 2009 NOTHING symbolised the post Big Bang world in the City more than the development of the Broadgate complex near Liverpool Street and Moorgate in the 1980s. The ice rink and the gleaming buildings fitted out for the likes of Shearson Lehman and SGWarburg were the focal point for the new City, before even the first [...]
Knight Frank sees upturn in property August 18, 2009 THE property downturn has now reached the bottom, according to Knight Frank derivatives head Richard White. Property derivatives are investments that allow investors to speculate on rising or falling values without having to purchase the asset. The UK commercial property market has fallen by 44 per cent since its peak in Summer 2007 to July [...]
Find your way to Mayfair’s secret gardens August 13, 2009 THINK of Mayfair and you probably don’t think of greenery. Sure, there’s tidy old Grosvenor Square for you to spread out in at lunchtime on a sunny day, or the island of grass at the centre of bustling Berkeley Square. There’s even Hyde Park once you take your life in your hands and fight your [...]
FOCUS ON: ALONG THE CROSSRAIL ROUTE August 13, 2009 DUNDEE WHARF, 100 THREE COLT STREET, E14Price: £1.2mThis eighth-floor apartment is within walking distance of Canary Wharf and has panoramic views over the Thames and the city skyline. The arrival of Crossrail will make it ideal for those who commute in to the City and Mayfair. But unlike some Docklands’ bachelor pads, it comes with [...]
FSA AND TORIES AT WAR OVER BONUSES August 12, 2009 THE FINANCIAL Services Authority (FSA) and the Tories were at loggerheads last night over the regulator’s plans to reform bank bonuses. The FSA, which published its final remuneration code yesterday, faced claims that it had watered down its proposals in the face of pressure from City bankers. But the City watchdog hit back, saying it [...]
City up in arms over academics’ calls for a windfall tax on banking bonuses August 12, 2009 LEADING City figures yesterday slammed the idea of a windfall tax on bonuses floated by a group of university professors, labelling it “gratuitous”, “impossible” and “absurd”. The 14 business school academics, writing in a letter to The Guardian newspaper, said money raised should be injected into public services, to reimburse taxpayers for the billions used [...]
The firm that has risen above the Magic Circle August 4, 2009 THE Magic Circle model is in need of a re-engineering.” In light of recent revelations about the impact of the economic downturn on City law firms, that statement might not qualify as controversial. However, it’s noteworthy because it is a view espoused by Nigel Knowles, co-chief executive of DLA Piper, the newly-anointed “biggest law firm [...]
Virgin Galactic to launch satellites August 2, 2009 Virgin Galactic, the space tourism venture being developed by Sir Richard Branson, is to offer a satellite launcher on its WhiteKnightTwo spacecraft as an extra revenue stream. The company, that plans to offer low-earth orbit excursions for the ultra-rich, is working with UK-based firm Surrey Small Satellites to offer the ability to put a 200kg [...]