Land Sec eyes £500m hotels disposal July 13, 2021 Land Securities, the largest commercial property developer in the UK, is gearing up to offload £500m of hotel assets from its portfolio. Several of the hotels that the firm could sell are in London, including its Hammersmith Novotel branch, which is valued above £50m. The preparations were first reported by React News. A Land Securities spokesman said: [...]
House sales drop by over half as stamp duty holiday winds down July 12, 2021 House prices were down 60 per cent on the five year average in the first week of July as the stamp duty holiday comes to an end. This follows a bumper June, with the number of UK property transactions last month set to be the highest on record according to Knight Frank. Tax savings fell [...]
Euro 2020: Counting down to England-Denmark as 60,000 supporters arrive at Wembley July 7, 2021 Sunshine has broken through the clouds for the first time on Wednesday as Denmark supporters wearing Viking horns took selfies with rival fans clad in England flags. Hundreds of people have gathered outside Wembley Stadium in north-west London ahead of the teams’ semi-final clash at 8pm. Dozens of police are patrolling the perimeter, as England [...]
Former trader at JP Morgan wins case against investment bank over spoofing July 7, 2021 Former trader at JP Morgan wins case against investment bank over spoofing
Gary Lineker still BBC’s top paid star despite pay cuts July 6, 2021 Gary Lineker is still the BBC’s highest-paid star despite taking a pay cut last year as the corporation looks to slim down its hefty wage bill. The former England footballer and Match of the Day presenter earned £1.36m, the BBC’s latest annual report showed, down from £1.75m the previous year. It comes after Lineker, who [...]
Last Man Standing: Nick Broomfield Biggie & Tupac sequel fluffs July 2, 2021 Documentary icon Nick Broomfield returns with a kind-of sequel to his 2002 film Biggie & Tupac, his investigation into the murders of Biggie Smalls and Tupac Shakur in the mid-90s. Last Man Standing investigates the life and influence of Suge Knight, the man whom he believed was responsible for the infamous deaths of both rappers [...]
Greedy haulage chief who ran ‘lawless’ business jailed for 15 years June 29, 2021 A greedy haulage boss who ran an “entirely lawless” business has been jailed for 15 years, after two men died when their car was hit by a lorry with defective brakes that would have cost just £200 to repair. Michael Holgate, 39, was convicted of the manslaughter through gross negligence of Nigel Eley and John-Paul [...]
Whisky casks the new alternative asset class getting investors excited June 28, 2021 Wine, art, now even non-fungible tokens – the list of alternative asset classes is as varied as it is long. But whisky casks are making their arrival at the heart of the market, with the Knight Frank Luxury Index suggesting their values had shot up 534 per cent over a ten-year period. And firms are [...]
Why do our image-obsessed politicians dress so badly? June 28, 2021 I have spent much of my adult life obsessively following politics and clothes. It is, I suppose, inevitable that I sometimes allow my mind to play with the intersection between the two. The old cliché says that politics is showbusiness for ugly people; it often seems that it is for the badly dressed, too. Why [...]
US stocks muted ahead of Fed Chair Powell’s testimony while FTSE climbs June 22, 2021 Wall Street was subdued at the open today as investors awaited Federal Reserve Chair Jerome Powell’s remarks for hints on how the central bank is balancing inflation risk with its promise to ensure a jobs market recovery. The Dow Jones Industrial average fell 0.3 per cent, while the S&P 500 lost 0.05 per cent. Meanwhile, [...]