“We live well, we sleep well, we eat well”: Why Sofitel’s boss is leaning into its French heritage July 18, 2024 “We know how to live life” Maud Bailly is on a mission to give Sofitel a new lease of life as a global luxury marker – with a very French identity Maud Bailly could be doing anything. In her glittering career she’s worked in the French finance ministry and the French Prime Minister’s office. She’s run a [...]
Craig Wright, fake Satoshi Nakamoto, faces UK prosecution July 18, 2024 Craig Wright, an Australian computer scientist who claimed to be Bitcoin’s inventor, faces referral to British prosecutors for alleged perjury.
London cyber firm CultureAI raises £8m to double workforce and ‘fix human error’ July 17, 2024 CultureAI's latest capital injection follows seed rounds of $4m (£3.1m) in 2021 and $5m (£3.8m) in 2023.
Nick Train’s Lindsell Train Global Equity fund downgraded after years of poor performance July 17, 2024 Nick Train's performance has left much to be desired over the past five years.
Helical slashes dividend despite London lettings and development progress July 17, 2024 Progress in flagship central London office developments and the successful lettings of three Aldgate East spaces has led office specialist Helical to underline its confidence it has in the capital's office market despite having to slash its dividend.
Behind the companies turning goals into gold at Euro 2024 July 17, 2024 England may have fallen at the final hurdle, but Ali Lyon says advertising agencies and broadcasters enjoyed a very fruitful tournament at Euro 2024 Adidas’s flagship advert for this year’s European Championships had all the raw ingredients to pluck on the archetypal England fan’s heartstrings effectively. In Jude Bellingham it had a protagonist who was [...]
London offices: Bigger is better, as construction of smaller spaces in the capital dries up July 17, 2024 For the first time in at least two decades not a single new office scheme smaller than 100,000 square feet began construction in London in the first half of this year, despite demand for larger spaces reaching record highs.
‘Hoodwinked from IPO onwards’: Home REIT shareholders round on scandal-hit investor over wind-down plans July 17, 2024 Home REIT shareholders have rounded on the firm and its investment manager today after the scandal-hit social housing investor revealed plans to wind down in the coming months.
Green light from London council for £330m plan to build 1,250 homes July 16, 2024 Aitch Group has been given the green light for a £330m investment in Belvedere park by a London council, to build 1,250 homes in Bexley. The east-London based property group will turn the industrial land into a series of apartment blocks with a hectare of green space. It’s good news for London’s property sector, which [...]
Scandal-hit Home REIT set to wind down July 16, 2024 Scandal-hit social housing investor Home REIT is set to wind down after failing to pay off a huge debt pile and struggling under the costs of a slew of legal battles and a probe from the City regulator.