Saturday Sitdown: Soho Housing’s chief on why ‘we need to rethink the way we use central London’ March 19, 2022 Insurance giant Admiral recently warned that nearly nine out of ten Londoners can no longer afford the average cost of rent in the capital. The demand for rooms to rent is much higher than the available supply, thereby leading to such increases that most Londoners cannot keep up with, the company cited as the main [...]
BACK BOB TO TURN A DECENT PROFIT IN HUNTERS’ CHASE March 17, 2022 PROPERTY entrepreneur, racehorse owner and amateur jockey David Maxwell isn’t everyone’s cup of tea in the saddle, but he is a huge supporter of horseracing and I think he should be celebrated rather than criticised. His win on Dolphin Square at Cheltenham on New Year’s Day was a dream come true for the jockey who [...]
Explainer: What is the Economic Crime Act and how will it help the government tackle oligarchs? March 17, 2022 The government’s Economic Crime Bill, which gives the UK new powers to tackle oligarchs, has gained Royal Assent after being fast tracked through parliament. In a statement, the government said the new laws will make it easier for the government to “tackle corrupt elites” and crack down on “Putin’s cronies.” Notably, the law will require [...]
How Blockchain Can Take the Finance Industry Beyond APIs March 17, 2022 Have you got an API for that? In the developing world of fintech, many platforms are based around Application Programming Interfaces (APIs). These APIs are essential for offering one’s services to clients who wish to consume machine to machine rather than through your website. They have become the next big thing after delivering your services [...]
Demand from Hong Kong buyers set to rise as capital welcomes back international interest March 16, 2022 Hong Kong buyers have the largest property footprint within London, followed by Jersey. Buyers from Hong Kong account for the highest proportion of residential homes registered to foreign addresses in 17 London boroughs. Research from London lettings and estate agent, Benham and Reeves, has revealed Barking and Dagenham as home to the highest percentage of [...]
Hong Kong developer swoops in with £96m steal for Vauxhall Square site March 16, 2022 Vauxhall Square in London has been sold by a Chinese developer for £96m, which is a reported discounted price of 42 per cent. A subsidiary of Hong Kong-based company the Far East Consortium International (FEC) swooped in for the 14m square-foot site, buying it off rival firm, Guangzhou-based R&F Properties, on the cheap. It was [...]
Olivier Trombert named as CEO at Tyr Capital March 16, 2022 Cryptocurrency hedge fund Tyr Capital has appointed Olivier Trombert as its new Chief Executive Officer.
What is the outlook for UK dividends in a less certain world? March 16, 2022 Russia’s invasion of Ukraine looks set to exacerbate economic trends which had already been influencing markets. Amid the uncertainty, experienced investors Sue Noffke and Graham Ashby give their views on the outlook for UK dividends. Investors had already been viewing markets in a more cautionary manner, even before Russian troops amassed on the border with [...]
Putin’s plane heist signals dark days ahead for Russia’s people March 15, 2022 Amongst the humanitarian carnage unleashed on Ukraine by Kremlin tyrant Vladimir Putin, what interest should there be in a bunch of expropriated planes? That more than five hundred airlines, owned by leasing companies predominantly based in Ireland, could soon become the (stolen) property of the Russian state is hardly the most pressing issue. But what [...]
Kremlin cronies face more sanctions while furious Putin fires eight generals: ‘Clusterf**k’ invasion not going well’ March 15, 2022 More family members of Russian oligarchs can expect to be targeted with sanctions, a UK official said this afternoon. The official, asked about the potential to sanction family members of Russian elites, said: “Yes, there is actually quite a wide range, out of the 370, who are family members. “There is a number of members, [...]