House price growth not set to slow down this spring March 7, 2022 The rate of house price growth has been underpinned by a frenzy of house-hunters while stock levels for properties remain low. According to estate agent Knight Frank, there is no indication that annual house price growth will return to single digits this spring. Annual UK house price growth accelerated to 12.6 per cent in February [...]
Batman returns with a bang: Box office debut hits £97m March 6, 2022 Batman well and truly returns this weekend, with “The Batman” raking in $128.5m (£97.1m) in its box office debut. The blockbuster has not only had the best opening weekend of 2022 so far, but it has also followed in the footsteps of Sony’s superhero hit “Spider-Man: No Way Home”, which broke records with its $260m (£197m) [...]
Explainer: Why have Championship rugby clubs been denied promotion? March 4, 2022 “Disappointed, dismayed and disheartened,” is how Championship rugby leaders Doncaster Knights reacted to news this week that they will not be promoted even if they win the league. The Knights were joined by Ealing Trailfinders in being denied entry to the Premiership, English rugby’s top division, for failing to meet a series of off-field criteria. [...]
City Moves: Who’s switching jobs in the Square Mile this week? March 3, 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. Knight Frank Property consultancy Knight Frank has appointed a new head to lead sales in St John’s Wood. Also joining as partner, Neir Gigi brings over 23 years’ experience from across central and northwest London property markets. Gigi, who joins the [...]
Fry’s Phoenix looks the Way to go in Kempton feature February 24, 2022 WE MIGHT be less than three weeks away from the Cheltenham Festival, and although plenty of people’s attentions are already turning to those four days in March, there are still several good opportunities to top up the funds before we head to Prestbury Park. Kempton on Saturday looks a good place to start, namely in [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 16, 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. Puma Investments Puma Investments has poached its new marketing director from Legal & General and is the fifth key appointment in the past few months. After holding the same position in the insurance giant’s retail retirement division, [...]
LoopUp shares fall 35 per cent as return to the office scuppers stay at home stocks February 15, 2022 Lockdown darling LoopUp proved the return to the office was in full swing yesterday, after reporting a lacklustre trading update which sent shares plummeting by more than 35 per cent. Despite reporting a 60 per cent drop in revenue from 2020 levels, the conferencing software firm sought to reassure investors, saying the drop was “in [...]
London drives hotel investment as confidence in sector returns in absence of Covid restrictions February 10, 2022 Some £4bn was pumped into the UK hotel market last year, as the sector eyes the easing of Covid travel restrictions. Investors continued to boost the country’s hotels despite Covid uncertainties, thanks to an improvement in the visibility for future trading, according to research from property adviser Knight Frank. Hotel transaction volumes in the capital [...]
Watchdog opens investigation into Sir Captain Tom’s charity accounts February 10, 2022 The UK charity watchdog is set to launch an investigation into the accounts of the charity set up to honour lockdown legend Sir Captain Tom Moore. Sir Tom became a household name in 2020 after he walked 100 laps in his garden, raising £33m for the NHS. However, accounts show that the Captain Tom Foundation [...]
Demand for office space soared last month as businesses feel more certain February 9, 2022 Business owners making enquiries about leasing office space exceeded pre-pandemic levels last month, in a boost for the revival of city centres. Demand was 54 per cent higher last month than in January 2021 and 15 per cent higher than in January 2020, just before the pandemic hit. The office sector had the strongest growth [...]