BBC could take pensioners to court over licence fee evasion March 12, 2020 Pensioners could be hauled in front of a judge amid an ongoing row over payment of the BBC licence fee, the broadcaster’s director general has said. Lord Tony Hall today admitted that some people in their 80s and 90s could be taken to court if they fail to pay the £157.50 charge. Speaking during a [...]
Real estate charity cyclists in 1,500km Regent’s Park ride after Mipim relay cancelled over coronavirus worries March 8, 2020 Cyclists from the real estate sector are trying to cover 1,500km around Regent’s Park this week after a planned charity relay to the Mipim conference in Cannes was cancelled over coronavirus fears. The annual Cycle to Mipim ride was cancelled after the real estate bonanza, which was set to take place in the south of [...]
Property of the Week: A Camden gothic mansion with ties to surrealist artist Nancy Fouts and Ally Pally March 6, 2020 Slip behind Mornington Crescent station in Camden, take the second left, and you’ll find yourself on Oakley Square. Walking alongside the manicured gardens, you’ll pass a row of stucco-fronted Georgian townhouses, identical save for the odd red door. When you get to the end of the block though, there’s a bit of a surprise. With [...]
BBC must avoid ‘narrow urban outlook’, warns new culture secretary March 5, 2020 The BBC must avoid a “narrow urban outlook” if it is to survive in the modern media landscape, the new culture secretary has warned. In his first major attack on the broadcaster, Oliver Dowden took aim at the BBC’s perceived bias and its failure to reflect the whole of the UK. “If we’re all honest, [...]
MPs to grill BBC executives amid questions over broadcaster’s future March 3, 2020 Top BBC executives are set to be hauled in front of MPs to face a grilling over their plans for the future as the broadcaster attempts to stave off a string of crises. Outgoing director general Lord Tony Hall and chairman Sir David Clementi will both give evidence to the Digital, Culture, Media and Sport [...]
City workers snap up central London homes as Brexit uncertainty fades March 2, 2020 The number of City workers snapping up property in prime central London areas surged last year as the uncertainty surrounding Brexit began to clear, according to the latest research. The percentage of buyers from the financial services sector buying properties worth more than £2m jumped to 34.6 per cent of total sales in 2019, the [...]
Teddy Sagi’s Labtech sells Holborn Links Estate for £245m March 2, 2020 Labtech, the property investment firm owned by billionaire businessman Teddy Sagi, has completed the sale of Holborn Links Estate, which includes the historic Sicilian Avenue, for £245m. Investors Tristan Capital Partners and Cording Real Estate Group have bought the West End office and retail portfolio to capitalise on the opening of Crossrail stations at Tottenham [...]
Could coronavirus push global stock markets into bear territory? March 1, 2020 After coronavirus fears sent US and UK stocks to their worst week since the 2008 financial crisis, some analysts are raising the prospect that equities could fall into bear market territory – a fall of 20 per cent from recent highs. The US’s S&P 500 index has slumped 13 per cent since it hit a [...]
Focus on Isle of Dogs: Dog days are over for once-neglected peninsula as new development abounds February 28, 2020 There are two questions that residents of the Isle of Dogs are often asked. First, why is it called the Isle of Dogs? The boring explanation is that it’s a corruption of a more sensible water-related name like the Isle of Ducks. The grim one is that it was so called because of the sheer [...]
Mipim doubles down on event despite exodus of big names on coronavirus fears February 27, 2020 Property jamboree Mipim today said it would still go ahead in Cannes next month, despite big names such as Lloyds Banking Group, Knight Frank and PGIM dropping out because of the spread of coronavirus. A spokesperson for the real estate event said: “Mipim will open for business on 10 March. “We understand and respect the [...]