Plans worth £200m revealed by Imperial College London and Bruntwood SciTech November 20, 2024 Imperial College London is to build a life sciences and deep tech development worth over £200m in the west of the capital after partnering with Bruntwood SciTech. The university has earmarked land at its White City Deep Tech Campus after signing an agreement with the joint venture between property group Bruntwood, Legal & General and [...]
What Trump 2.0 means for the tax bills of UK businesses November 20, 2024 Tariffs, investment and deglobalisation: KPMG tax expert Tim Sarson takes us through what Trump's second presidency means for UK businesses.
Cityscape Global 2024: Showcasing Saudi Arabia’s Real Estate Opportunities November 19, 2024 Cityscape Global, the world’s largest exhibition for real estate, was bigger than ever this year. Opened by His Excellency Majed bin Abdullah Al-Hogail, the Minister of Municipalities and Housing, Riyadh played host to over 400 exhibitors, 200 institutional investors and 500 speakers. New projects and strategic agreements worth over US$51.26 billion were announced in the first [...]
Boohoo completes fundraising as it struggles to return to growth November 18, 2024 Boohoo has raised just under £40m in a bid to turn itself around amid its public fight with the boardroom demands of an activist shareholder, Mike Ashley’s Frasers. This morning, the company said it had conditionally raised total proceeds of approximately £39.3m. This includes £400,000 from a retail offer and £38.9m from an investor subscription. [...]
Average price tag on a home falls as rate cuts spark demand revival November 18, 2024 According to Rightmove, the standard price for a newly marketed home currently sits at £366,592, a 1.4 per cent month-on-month drop.
Has London’s commercial property market finally recovered from the pandemic? November 15, 2024 High-quality office space in London has “continued and sustained appeal” in London, with property take-up finally exceeding pre-pandemic levels, while retail vacancy rates have similarly dipped to their lowest level since 2019. Cushman & Wakefield and Savills have both reported that the central London property market has begun to stabilise, while British property investment trust [...]
Landsec returns to profit as London property market stabilises November 15, 2024 British property investment trust Land Securities, known as Landsec, swung back into profit and hiked its forecast for the year today after a rebound in occupancy and rental income in London. Landsec told markets this morning that it had returned to the black in the first half of the year, reporting profit after tax of £243m [...]
London Capital & Finance was a ‘Ponzi scheme’, judge rules November 14, 2024 Former executives of the collapsed London Capital and Finance (LCF) participated in fraudulent conduct, ruled a High Court judge.
Inside the Paris hotel straight out of a Wes Anderson film November 13, 2024 THE HOTEL: Now that the buzz from Paris’s Olympic summer has settled, this is the perfect time to visit the City of Light. The city’s infrastructure is in top form, primed for visitors who want to experience Paris without the high-season crowds. And if you’re looking for a stay that boldly proclaims “We’re in Paris, [...]
Ahead of the Game: Reading FC hero emerges as potential saviour November 13, 2024 Also in Ahead of the Game: Mendy's record payout; Badenoch to oppose football regulator; ICC chief to stay on.