US tech leaders still ❤ London, even after Brexit September 19, 2016 Entrepreneurs and tech leaders in the US still have an eye for London as the transatlantic special relationship continues to flourish despite the looming prospect of Brexit. The capital still tops their list as the top tech hub in Europe and the best place from which to build business across the continent, a new survey of more than [...]
House prices rebounded in September after the Brexit vote lull September 19, 2016 UK house prices are rebounding from the lull that immediately followed the Brexit vote, according to data from Rightmove. Asking prices have increased 0.7 per cent month-on-month, Rightmove said. In the weeks after the Brexit vote, Rightmove found that prices fell by 0.9 per cent. But first-time buyers are finding it increasingly difficult to get on [...]
City Moves for 19 September 2016 | Who’s switching jobs September 19, 2016 Chartered Management Institute The Chartered Management Institute (CMI) has named the senior financial services leader Bruce Carnegie-Brown as its new president elect. Bruce, who is also a Moneysupermarket.com non-executive chairman, will spend a year working with current CMI president Mike Clasper before starting his two-year term when Clasper steps down in September 2017. He has held a [...]
Reality has finally caught up with Germany’s disastrous Chancellor Merkel September 19, 2016 Merkeln (German verb): To dither, do nothing or fail to take decisions I have always thought the German stereotype for humourlessness is slightly unfair. Exhibit A for my contrary view is that a new verb, Merkeln, has recently entered the German language. Any culture that can coin a word to describe the haplessness of its [...]
Business confidence stays positive despite drop to four year low September 19, 2016 Business confidence across the country remains in positive territory despite falling to a four year low in the wake of the referendum. The number of exporters expecting an increase in total exports also remained in positive territory, although it fell to 20 per cent. The latest half-yearly Lloyds Bank business confidence report suggests that the UK [...]
Hollywood Bowl float expected to kick off strong period for London IPO market September 18, 2016 Hollywood Bowl is set to float on the London Stock Exchange (LSE) this week, kicking off what is set to be an active post-summer period for the market in initial public offerings (IPOs). “If the markets hold up, then I think we’re going to be very busy,” Mark Austin, a capital markets partner at law firm Freshfields [...]
Open House 2016: Book up or start queuing early – here’s our pick of the landmarks to see at this year’s festival September 16, 2016 It’s that time of year again when ordinary folks like you and me are given free rein to snoop around other people’s houses. That’s right, Open House is back, a whole weekend dedicated to exploring London’s architectural gems, including famous landmarks and buildings usually closed off to the public. Explore national icons – like The [...]
New homes on sale in Stanton William’s Riverwalk, the curviest towers on the River Thames September 16, 2016 Riverwalk, Westminster From £1.25m A scheme at Millbank on the north bank of the Thames is throwing open its doors this weekend to prospective buyers. Over 75 per cent of the homes have been sold off-plan at the Ronson Capital Partners development, which has 119 one to four bedroom apartments spread across two buildings. The [...]
It’s eight years since the Lehman Brothers collapse. What’s changed? September 15, 2016 Eight years ago today US banking giant Lehman Brothers filed for bankruptcy. This was an unprecedented event in the modern financial world and it sent shock waves through global markets. We're still recovering from some of them. The bank's collapse has now entered the vocabulary as a term for when an industry has a potentially catastrophic moment. It is used again. And again. And again. And again (maybe it [...]
Worried about your house price after the Brexit vote? Foxtons are going door-to-door to help September 15, 2016 If you've been obsessively searching Zoopla to find out about property prices after the Brexit vote, put the laptop away – London's best loved property experts are happy to come to you in a branded Mini to answer all your questions. Yes, that's right, Foxtons are going door-to-door in London to boost confidence and help everyone understand the post-referendum marketplace. [...]