The Japanese Prime Minister’s visit is a chance to celebrate our friendship with like-minded nations January 10, 2019 I sometimes find that foreign leaders are more aware of Britain’s national strengths than we are at home. So let me itemise a few of them. The UK has the fifth biggest economy in the world, the third biggest overseas aid budget, the second largest military budget in Nato, and a world-class diplomatic network, including [...]
Donald Trump set to visit the UK for the second time in May December 31, 2018 US President Donald Trump may visit the UK for a second time in May next year, as part of a rescheduled state visit with Theresa May to coincide with 100 years since the end of the Second World War. Woody Johnson, US ambassador to the UK, told the BBC today that the centenary commemoration "would be [...]
2019 Property Forecast: Here’s what the experts are predicting will happen to house prices next year December 17, 2018 It’s that time of year again, when people guess what’s happening next year. Only, it’s particularly entertaining this year because no one really knows what’s going to happen next week. Still, most of the UK’s big estate agencies have had a go, looking at house price growth in the UK and abroad, what effect Brexit [...]
Orchard Street snaps up £55m building in Soho’s filmland December 3, 2018 Property investment firm Orchard Street has snapped up a £55m Soho building home to a British film production company. The office space in the property at 141 Wardour Street is fully let to Moving Picture Company, while retail space on the ground and basement floors is home to Princi, an Italian restaurant and bakery part-owned [...]
Welcome to the revolution November 29, 2018 London has the UK’s highest proportion of workers in full-time employment, each working an average of 38 hours per week. According to the Office for National Statistics, Londoners spend three more weeks at work each year than the rest of the UK. In light of these findings, City A.M. is partnering with Dropbox to collaborate [...]
Housebuilder Telford Homes boosts profit as it focuses on London November 28, 2018 Developer Telford Homes announced a jump in profits today for the first half of the year as its strategy of building homes in London paid off. Total revenue in the first half of 2019 increased 31 per cent to £129.6m, while profit before tax rose 16.1 per cent to £10.1m. The company increased its interim [...]
Amazon launches Black Friday pop-up in Shoreditch after data leak hits UK customers November 22, 2018 Amazon has today opened a pop-up on London's Shoreditch High Street, just in time for Black Friday weekend. The Home of Black Friday pop-up store has returned to the capital after its debut last year, and is now located near Amazon's headquarters from Thursday 22 November until Sunday 25. The shop will feature hundreds of [...]
Equinix to spend £90m on Slough data centre to support the City’s increasing reliance on data November 19, 2018 Technology infrastructure giant Equinix is building a £90m flagship data centre to support increased reliance on data by City firms, the company said today. The US firm said the new and expanded facilities will support growing volumes of data, including increased traffic in the City. The project, dubbed LD7, is due to be completed in early 2019. The new facility [...]
Is a ball pit in the office more of a hindrance than a help? Designers are calling time on tech playgrounds and creating offices that make you more efficient November 2, 2018 As the tech giants of Silicon Valley scrabble over the world’s best programmers, they’ve been inventing increasingly excessive office perks. We’ve all heard of them; Facebook’s ball pit, Google’s unlimited free food and on-demand masseuses, Reebok’s fitness classes. But while free concerts, haircuts and therapy puppies may get the talent to sign a contract, are [...]
Belfast has big plans to become the home of the Titanic and a top TV shooting location. But will that help the property market? November 2, 2018 A couple of weeks ago, a consortium of hedge funds clubbed together to raise $19.5m to buy bric-a-brac from the bottom of the ocean. At first glance, these 5,500 items bore no relation to each other; a bowler hat, the sleek curves of a bronze angel, a steel door. Their immense value derives solely from [...]