Metro Bank’s Vernon Hill slams failed banking system at London liberty conference June 18, 2014 Founder of Metro Bank Vernon Hill has criticised the UK's banking sector for failing consumers and lacking innovation at a conference held by the Centre for Policy Studies (CPS). Speaking In London's Guild Hall, Hill told a packed audience that the current banking system had failed society and was taking customers for granted. The boss [...]
British buyers are now snapping up over half of London’s £10m-plus homes June 10, 2014 The number of Brits buying properties worth over £10m has soared over the past year and now account for more than half of the market as the economic recovery gathers pace. British buyers of super-prime homes have risen from 36 per cent in 2013 to 53 per cent since the start of 2014, today’s [...]
London’s best flats with square garden access June 5, 2014 Next weekend, over 200 gates will be unlocked, grass will be mown, shrubs will be spruced and marquees will be erected to allow thousands of people to walk around London’s historic garden squares. The annual Open Garden Squares Weekend will kick off on 14 and 15 June to showcase the beauty and grandeur of these [...]
What the other papers say this morning – 02 June 2014 June 2, 2014 FINANCIAL TIMES Tony Blair to call for Europe reform Tony Blair will today call for Europe to reform itself in the wake of victories for anti-EU parties across the continent last week. In his first big speech on the subject since the European election results last weekend, the former prime minister will tell leaders in [...]
What the other papers say this morning – 29 May 2014 May 28, 2014 FINANCIAL TIMES Performance comparison made easy Investors will find it easier to compare the performance of companies around the world following the culmination of a 12-year project to bring together US and international revenue reporting. Accounting regulators in the US and Europe on Wednesday published a joint standard on how companies report revenue from contracts [...]
Hotels converted into townhouses in west London April 24, 2014 Michael Jackson’s favourite London hotel has been revived as The Hempel Collection TWO HOTELS that were worlds apart in style, concept and clientele have been brought together under one roof as part of a period conversion in west London. The Hempel Collection, a luxury development of 12 apartments and three bespoke townhouses in Bayswater, bears [...]
The deals that show how fast London’s office rent race is speeding up April 15, 2014 Competition is hotting up in the London office market, with space under offer now at its highest level since 2000, thanks to companies, who had previously shelved plans to move, kick-starting their search for new locations in the capital. Just over 4.1m square feet of space was under offer at the end of March this [...]
Renminbi trading in London to be cleared by early next week March 26, 2014 AUTHORITIES from the UK and China will sign an agreement next Monday to allow investors in London to clear and settle the Asian giant’s currency. The deal paves the way for London to establish itself as the prime location for renminbi trading in Europe. Both countries’ central banks – the Bank of England and the People’s [...]
Sales from the riverbank February 27, 2014 The future landmarks set to transform London’s river and make living Thameside even cooler LONDON is finally starting to follow the example of its European neighbours by making the most of its meandering river. Luxury developments are beginning to pop up all along the riverbank, proving that the place to be seen in the next [...]
Telecity slumps as 2014 forecast fails to inspire February 12, 2014 BRITISH data centre operator Telecity has forecast weaker than expected revenue growth this year, sending its shares down more than 10 per cent to a two-year low. The company, which targets the top end of the market from prime city-centre locations, said yesterday that demand from sectors such as e-retail and video streaming services remained [...]