Paris attacks: Minute’s silence falls across Europe to remember terror victims November 16, 2015 People fell silent across Europe in remembrance of the victims of Friday's terrorist attack in Paris which left 129 people dead and scores more injured. The minute's silence was observed in the UK at 11am and across the rest of the continent. (L-R) French higher education and research minister Thierry Mandon, education minister Najat Vallaud, President Francois Hollande, and prime minister [...]
Paris attacks: Government to ramp up terrorism and aviation security against Islamic State in wake of Friday night’s attacks November 16, 2015 The UK government has said it will "substantially" increase counter-terrorism resources against the threat posed by Islamic State as part of its five year security review, which will be unveiled next week. Chancellor George Osborne is expected to announce huge cuts across government departments as part of his Comprehensive Spending Review, but Number 10 revealed this morning [...]
London property prices: Global firms drive demand for prime flats in the capital – but at a bargain October 19, 2015 Global multinationals are feeling increasingly plucky about the economic outlook and their future assignments, which is helping to drive demand for prime residential accommodation in the world’s gateway cities such as London and Hong Kong. However, Knight Frank’s latest research shows they are becoming more price conscious – with their employees being encouraged to seek [...]
Why Shoreditch is still so attractive for young firms – Investec Comment October 18, 2015 For a young business finding its feet, office space is a classic challenge. Alongside being a sizeable overhead, the question of how much space you take and how long you take it for is not easily resolved. Landlords will typically want to sign you up for as long as possible. But while your company is [...]
Now Mercedes-Benz has launched its own London luxury apartments October 15, 2015 Now you can experience the feeling of being in the driving seat of a Mercedes-Benz without even stepping foot outside a front door. The carmaker is manoeuvring an unusual left-field turn into the luxury property business with a new concept of Mercedes designed serviced apartments in London. In a collaboration with Singaporean luxury serviced apartments firm Frasers Hospitality, six apartments measuring between 50 [...]
London house prices: Prime central property prices will drop this year, but the cool-down won’t last long, says Savills October 15, 2015 The price of London’s prime property will decline in price this year on the back of last 2015's stamp duty reforms, but they will climb by a whopping 21.5 per cent over the next five years, an estate agent has predicted. Prime central London property prices, which average at around £5m, will drop two per cent this [...]
Amazon Fresh launches in London: Some postcodes now get one-hour chilled and frozen food deliveries through Prime Now October 8, 2015 Amazon is delivering fresh chilled and frozen food in selected London postcodes for the first time, testing out the waters for Amazon Fresh. A fresh pint of milk, tub of Ben and Jerry's or a packet of fish fingers for tea can be on some Londoners' doorsteps in less than 60 minutes with the new delivery service [...]
London’s prime housing market bigger than New York’s, says new report October 7, 2015 London’s prime housing market now stands out both in terms of the volume of prime sales and the scale of expansion, against other global cities including New York, a new report has found. The global development report 2015 by real estate Knight Frank found New York and London continue to lead development trends, in terms [...]
List One Poultry? The government must not allow it October 4, 2015 One Poultry, the sand-coloured monolith standing on the junction opposite the Bank of England, has always been a building that has divided opinion. Prince Charles was relatively generous in likening it to a 1930s transistor radio. Others have been far less kind, and it regularly features in lists of London’s ugliest buildings. It’s [...]
The super-rich paying a £50,000 deposit to RENT in London August 20, 2015 With rising house prices placing home ownership out of reach for many and overseas investment rife, London’s lettings market is booming. But the commonly-painted picture of young professionals struggling to pay for their grotty house share in Dalston only tells one side of this increasingly complex story. For competition isn’t only fierce at the affordable [...]