Property of the week: Beer fans will lap up this Chiswick mansion with links to historic brewery September 20, 2019 Steeped in brewing history, this home that has come to the market in West London could be the perfect pad for a beer lover. Records suggest it was built soon after 1700 when it was used as a pub with links to the local brewery – though some of its foundations date back to an [...]
Sirius boss buys shares after project put on review September 18, 2019 The chief executive who put the brakes on his own mining project yesterday has bought more shares in the venture, after they collapsed by more than half. The family of Chris Fraser bought an extra 250,000 of Sirius Minerals shares at just over 4p each, the company revealed in a filing today. The family now [...]
Staffers (and cricketers) named in May’s resignation honours September 10, 2019 Theresa May has named former colleagues, staffers and England cricketers in her list of resignation honours. Olly Robbins, the civil servant who acted as chief negotiator with the EU during her tenure, has been rewarded with a KCMG – making him a knight commander. The same honour has gone to May’s PPS George Hollingbery. Patrick [...]
Margaret Thatcher’s spin doctor Lord Bell dies aged 77 August 26, 2019 Lord Tim Bell, Margaret Thatcher’s public relations adviser and founder of the PR firm Bell Pottinger, has died aged 77. He died on Sunday at home following an illness. The PR man played a role in the Conservatives’ successful election campaigns in 1979, 1983 and 1987. He was responsible for the Conservatives’ “Labour isn’t working” [...]
Wework rival Knotel secures unicorn status with $400m funding August 21, 2019 Knotel, the flexible workspace rival to Wework, today said it has achieved “unicorn” status after securing a fresh round of funding worth $400m (£329m). The New York-based startup bagged the bumper cash injection in a round led by Wafra, the investment arm of Kuwait’s sovereign wealth fund. Read more: Wework lost $700m in first half, [...]
‘Dearth of supply’ sees London office vacancies drop to lowest level since 2007 August 19, 2019 A supply starved market and weakened investment has led to vacancy rates in London offices falling to their lowest level since 2007, a new report has found. The amount of available office space in London has fallen 19 per cent over the past year, with vacancies in the City dropping 27 per cent, according to [...]
Watchdog’s ban on ex-Barclays executive holding senior positions overturned August 16, 2019 A ruling by the financial watchdog banning former Barclays executive Andrew Tinney from holding senior positions at financial institutions has been overturned. Tinney, former chief operating officer of Barclays Wealth, was also cleared of misleading the Financial Conduct Authority (FCA) and the US Federal Reserve Bank of New York, but a finding he “acted without [...]
Horse Racing Betting Tips: Suedois can make it third time lucky in Lennox Stakes July 29, 2019 IF AT first you don’t succeed, try and try again. That’s the motto by which SUEDOIS and the David O’Meara camp are sticking to as they bid to land this afternoon’s Qatar Lennox Stakes (3.00pm) after two near misses in recent seasons. The evergreen eight-year-old suffered traffic problems before rattling home to finish third only [...]
City Moves for 29 July – Who’s switching jobs at Lasalle, Augusta and Knight Frank? July 28, 2019 Today’s City Moves includes Lasalle, Augusta and Knight Frank. Lasalle Global real estate investment manager Lasalle Investment Management has announced that Martin Zdravkov has joined its UK business in the newly-enhanced role of head of UK residential and impact investing, based in London. Martin will report to Philip Nell, the head of UK real return [...]
London law firm Mishcon de Reya to explore IPO option July 20, 2019 London law firm Mishcon de Reya has begun preparations for a flotation or stake sale valuing the firm at several hundred million pounds, according to Sky News. Mishcon is looking to hire bankers in the coming months to explore its options, although any formal decisions about raising capital are yet to be made. Read more: [...]