‘Just in case’ logistics mindset boosts LondonMetric as portfolio value grows by £1bn May 26, 2022 LondonMetric’s property portfolio value has grown by £1bn over the past year, as the UK’s hot property market boosts the firm. The FTSE 250 real estate investment trust’s profit has also rocketed in the year to 31 March, increasing an eyewatering £477.2m, in comparison with the same period last year, to a total of £734.5m. [...]
Liquid investment: How a new breed of rum is biting at the heels of whisky May 25, 2022 The rise of rum has been predicted for some time. The staggering rise in the fortunes of the whisk(e)y industry – I’ll omit the “e” from now on for aesthetic purposes – over the last couple of decades means many enthusiasts and would-be collectors are now being priced out of that market, and rum is [...]
City Moves: Who’s switching jobs in the Square Mile? May 20, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. BNP Paribas Real Estate BNP Paribas Real Estate (BNPPRE) has bolstered its West End Agency team with a new director. Katrina Love previously spent 11 years in Colliers’ central London office team. The Colliers veteran, who had [...]
Blame it on the bots: Musk says Twitter takeover can’t progress without fake account clarity May 17, 2022 Twitter said it is committed to completing Elon Musk's $44bn deal at the agreed price and terms, despite the Tesla founder's continuous floundering.
House price inflation surge shows ‘little’ signs of slowing May 12, 2022 There is “little evidence” to show house price inflation will slow down as prices continue to be driven by historically low stock levels. Despite warnings of a recession on the horizon, current property activity continues to be buoyant, according to the latest RICS Residential Market Survey. Its April survey found that supply of homes on [...]
Brendon McCullum becomes England’s Test cricket coach May 11, 2022 Kiwi Brendon McCullum has today been confirmed as England’s next Test cricket coach. England have been looking to fill the vacant Test head coach role since Chris Silverwood resigned following the humiliating 4-0 Ashes defeat at the hands of Australia. McCullum will take charge of Ben Stokes’ side next month as a new era of [...]
Times to make more News for Hewitson May 10, 2022 HAPPY Valley hosts another competitive nine-race programme today, and punters must be hoping for better fortune than they’ve had in the past week. With only two favourites obliging from 19 races at the last two meetings at Sha Tin, it’s safe to say bettors will have been left wondering where their next dollar was coming [...]
Influencers: MPs call for better protection for TikTok stars May 9, 2022 MPs will today call for greater action to be taken in advertising and employment rules to protect children and online performers, arguing that regulation has failed to keep pace with the growth of online influencer culture.
Elon Musk suggests firms may need to pay for Twitter, as senior MP asks him to appear before committee May 4, 2022 Twitter’s new owner Elon Musk has suggested businesses may have to start paying to use it. The richest man in the world who purchased the social media giant last month for $44bn, made the claim on Twitter on Wednesday. The Tesla boss wrote: “Twitter will always be free for casual users, but maybe a slight [...]
Couple of outsiders might Trail Native home in the Guineas April 29, 2022 NEWMARKET’s Qipco 2000 Guineas (3:40pm) marks the first Classic of the season and also the first chance for UK Tote customers to bet on domestic action with the World Pool. A field of 15 runners are set to go to post, and other than odds-on favourite NATIVE TRAIL the race has an open look to it, so [...]