‘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: [...]
Gateley hits new revenue highs as acquisitions pay off July 16, 2019 Listed law firm Gateley last year passed the £100m revenue mark for the first time as a string of acquisitions boosted its top line. Profit before tax at the company jumped 8.9 per cent to £15.9m, on 20.2 per cent revenue growth, to £103.5m. Read more: First listed law firm Gateley delivers strong results as [...]
The Tide is London’s answer to the Manhattan High Line July 5, 2019 Taking place alongside this weekend’s Pride celebrations is Turning Tides, a brand new art, music and film festival on Greenwich Peninsula. LGBTQ collective Sink the Pink kick things off tonight, performing to crowds outside the O2 Arena amid inflated water droplets by LA-based artist Geronimo. Turning Tides Festival celebrates the opening of the first kilometre [...]
Why this new build is already a Grade-I listed building June 28, 2019 It’s hard to think of a more enviable location in London to call home than Regent’s Crescent. With the 400 acres of Regent’s Park on your doorstep, extensive private gardens front and back, and the shops and restaurants of Marylebone just minutes away, the three-million budget you need to move in (and that’s for a [...]
Hong Kong’s richest man Li Ka-shing to pay tuition fees for class of Chinese students June 19, 2019 Hong Kong’s richest man Li Ka-shing has promised to pay tuition fees for a class of Chinese university students. His charitable foundation will fund Shantou University’s 2019 incoming class for up to five years. Li’s pledge will cost 100m Chinese yuan (£11.5m) a year. The 90-year old is worth $30.04bn (£23.8bn) according to Forbes. The [...]
Tory leadership vote: How the second round ballot works June 18, 2019 Tory leadership hopefuls face another hurdle in the race to become the next Prime Minister when a further round of voting takes place today. Who are the Tory leadership contenders? With 114 MPs backing him, Boris Johnson is guaranteed a place in the final two, where he will face either: Michael Gove Sajid Javid Jeremy [...]