Meet the 33 tech startups set for stardom January 26, 2017 More than 30 companies have been identified as the most promising tech startups in the country and will be mentored by top entrepreneurs to help create the next wave of top British tech stars. Challenger bank Monzo, online shopping site Trouva and digital mortgage adviser Trussle are among the startups who will be mentored by Lastminute.com [...]
Luxembourg doesn’t want to steal London’s finance crown January 24, 2017 If a week is a long time in politics, then seven months is practically a lifetime. That is how much time has elapsed, of course, since Britain voted to leave the European Union, and we are now finally learning what Theresa May and her government want from the complex negotiations that are set to follow the [...]
Commercial rental growth on the UK’s most exclusive shopping streets has fallen January 23, 2017 Commercial rents in London's most exclusive areas slowed to its lowest in 2016 in the final quarter of the year, new figures have shown. Rental values on so-called prime commercial property fell to 0.4 per cent between October and December, the lowest quarterly growth in a year. During the full year rents increased 3.7 per cent. [...]
Interiors: Laura Ivill tours Beau House, the St James’s scheme promoting British art and design January 13, 2017 As London Fashion Week Men’s drew to a close last week, with its global celebration of Savile Row and Jermyn Street style, all eyes were on St James’s. This historic quarter, based around St James’s Square and bordering Green Park and St James’s Park, is undergoing a £500m redevelopment by The Crown Estate, joined by [...]
Cast of the Trainspotting sequel gather for the film’s world premiere December 20, 2016 The cast of the Trainspotting sequel have gathered in Edinburgh for the film's world premiere. When it was released in 1996 Danny Boyle’s adaptation of Irvine Welsh’s source novel Trainspotting was a worldwide success and a cultural phenomenon. Twenty years on director Danny Boyle has reunited the original cast for the sequel T2: Trainspotting. T2: [...]
The London luxury properties that have had their prices slashed by over 30 per cent December 7, 2016 London's high-end homes are in crisis. House prices in prime central London have been falling since 2014, when former chancellor George Osborne slapped higher rates of stamp duty on homes worth over £1m. This year, he introduced a further three per cent hike for people buying second homes. Read more: This is how far house prices have fallen [...]
Regional property investment promises better returns than London in Brexit Britain November 24, 2016 Middle Eastern buyers are looking beyond London to invest in property, regional investor Palace Capital has said. With London becoming such an expensive place to buy, foreigners are eyeing up the regions to get better returns. Read more: Asian investors have spent £1.5bn on London property since the Brexit vote Palace Capital specialises in commercial [...]
London investment firm buys Paris’ largest hotel November 16, 2016 A London-based property group has bought the largest hotel in Paris. Henderson Park, an investment firm set up by former Goldman Sachs executive Nick Weber, purchased Le Meridien Etoile for €365m (£314m). It was the first purchase for the firm, which was launched in September 2016 and is investing in real estate across Europe. The group bought the hotel [...]
Amazon Restaurants’ food delivery expands to more London locations November 15, 2016 Tech giant Amazon is ramping up its battle with Deliveroo and UberEats, extending its food delivery service to more locations in London. Amazon Restaurant has added more than 20 new areas to the list of locations it delivers food to, from restaurants such as Strada and Pod. Read more: Black Friday: Four pairs of wireless [...]
London banks are falling for Frankfurt, according to this German official November 14, 2016 Financial firms are eyeing up their opportunities in Frankfurt following the summer's Brexit vote, an official from Germany's finance ministry has said today. There have been numerous reports of banks tidying up their contingency planning, as businesses consider whether they need to move some of their operations out of London to make sure they can continue [...]