A1 reopens as Catterick explosion reported near army garrison’s Marne Barracks in North Yorkshire remains a mystery November 29, 2014 A report of an explosion near Catterick army garrison causing the A1 in North Yorkshire to be closed by police for most of the day remains a mystery as the motorway reopend. A ten mile stretch of the road between junction 51 and junction 56 had been shut down by North Yorkshire police for most [...]
London’s New Bond Street one of world’s 10 most expensive streets: Will Oxford Street catch up? November 19, 2014 New Bond Street has once again been named as London's most expensive street with its luxury retailers paying some of the highest rents in the capital – though it has got some competition coming from Oxford Street. The upmarket shopping street, which is home to the likes of Burberry and Louis Vuitton, saw prime retail [...]
How we can turn London’s thriving tech startups into billion dollar digital giants November 16, 2014 Just four years after the Prime Minister and the mayor of London launched the Tech City initiative, London now has one of the fastest growing technology sectors in the world. Visitors to any of its tech hubs will be struck by the industry and dynamism of the capital’s entrepreneurs and startups, driving innovation and change. [...]
Focus on Chiswick: Why are families flocking to west London? November 13, 2014 Many people seem to think that, between oligarchs buying up prime central London and renters occupying the trendy suburbs, the capital is becoming a place of transition. But there’s one place that’s defying that trend: Chiswick. This ancient country retreat, which was once part of Middlesex, is every inch the traditional London village. [...]
London property prices: More million-pound properties have been sold in London this year than ever before October 31, 2014 London house prices might be cooling, but things are certainly hotting up at the premium end of the market. Sales of properties costing more than £1m have reached record levels in the UK with 6,143 houses sold in the first half of the year- 70 per cent of which were in London. That’s nearly 2,000 [...]
Can London build enough homes for 9m people? And where should the new houses be built? October 30, 2014 As our population has increased, housebuilding has become a major political issue. There’s now a consensus that the capital needs to get building to accommodate a population that’s expected to grow by 920,000 by 2024. But it’s not an impossible task, according to residential and commercial estate agent Stirling Ackroyd, who released their [...]
Why British homeowners are mad about mews October 20, 2014 It’s a common complaint that all the best properties in London are being bought up by foreign, cash-rich investors, looking to tie their money up in our constantly expanding property market. But there is one section of the market that, until now, has remained largely untapped by foreign investment, a last bastion of British buyers: [...]
Amazon debuts same-day pick up service at 500 newsagents, corner shops and London Tube stations October 14, 2014 Online retail giant Amazon will this morning announce a same-day pick-up service in partnership with Connect Group’s newspaper and magazine distribution arm, Smiths News. The service will let customers order goods from Amazon as late as 11.45am for collection at one of 500 newsagents or corner stores from 4pm later that day. “This is our [...]
British Land sells just 18 flats for total of £210m September 22, 2014 PROPERTY developer British Land has sold some of the most expensive London property ever, with 18 apartments in Mayfair going for £210m. Four of the flats sold for over £5,000 per sq ft, a record for Mayfair’s property market. The so-called “super-prime” property, Clarges Mayfair, was acquired by British Land for £129.6m in 2012 and [...]
Galliford Try chief executive Greg Fitzgerald steps down as profits rise 28 per cent September 16, 2014 Housebuilder Galliford Try said this morning its chief executive of almost 10 years, Greg Fitzgerald, will step down by the end of 2015 – just as it reported a 28 per cent increase in pre-tax profits. The figure rose to £95.2m for the year to 30 June, while group revenue was up 21 per cent to [...]