Why Great Britain’s inspirational Paralympians offer a unique and economic sponsorship proposition March 14, 2017 This month marks a year before the start of the 2018 Paralympic Winter Games in PyeongChang and expectations for Great Britain's performance in South Korea are high following our most successful ever summer and winter Paralympics. In Rio last year, we won 147 medals, coming second in the medal table. In Sochi in 2014, we topped [...]
Developer behind 33 Central turns away from regional cities after Brexit March 14, 2017 HB Reavis, the developer behind Wells Fargo's European headquarters, has turned away from investing in the UK's regional cities due to the Brexit vote. Last July, HB Reavis' sale of 33 Central was widely-feted as a coup for London following the EU referendum, and while the developer is confident about the capital's prospects in the future, it [...]
New stamp duty rules annihilated buy-to-let mortgage borrowing in January March 14, 2017 The amount borrowed by prospective landlords fell 16 per cent in the year to January, as strict new rules on buy-to-let homes took their toll. Figures by the Council of Mortgage Lenders (CML) showed would-be landlords borrowed £800m to buy new homes in January, down from £1.4bn the year before, and £900m in December. The [...]
Close Brothers share price jumps after snaring Direct Line chairman Mike Biggs March 14, 2017 Close Brothers' share price jumped two per cent this morning after naming its new chairman and posting half-year numbers that were broadly in line with expectations. Direct Line chair Mike Biggs will join the investment firm's board with immediate effect, taking over from Strone Macpherson on 1 May. The figures Adjusted operating profit over the first six [...]
Sterling falls to eight-week low as traders take in Prime Minister Theresa May’s newly granted Article 50 powers March 14, 2017 Sterling has wiped out all of yesterday’s gains against the dollar as traders take in the imminent triggering of Article 50. Prime Minister Theresa May last night gained the consent of Parliament to start the process of leaving the EU. The pound fell to its lowest point since mid-January to reach lows of $1.2110 against [...]
Quintessentially Group’s estates arm is expanding to New York City March 13, 2017 London-based global property group Quintessentially Estates is expanding its international referral network to New York City in a collaboration with an estate brokerage in the Big Apple. The firm is owned by Quintessentially Group, a concierge service for billionaires that's also behind the world's biggest yacht. Its estates arm specialises in sales and acquisitions of prime residential properties in [...]
What will happen to sterling against the US dollar when Prime Minister Theresa May triggers Article 50? We asked the experts March 13, 2017 Now the Budget is out of the way with barely a mention of Brexit, currency traders’ attentions can turn to the next big set-piece event in the political calendar: the moment Prime Minister Theresa May triggers Article 50. May could notify the EU as soon as tomorrow if MPs in the House of Commons vote [...]
UK house prices: Rent increases have fallen to their lowest since 2013 – while London prices fell for the ninth month March 13, 2017 Rent increases for tenants across the UK have fallen to their lowest since 2013, new figures have shown, with prices in London dropping for the ninth month in a row. Rents rose just one per cent to £1,190 in the year to February, the lowest rise since April 2013, figures from Landbay showed. In the [...]
City Moves for 13 March 2017 – who’s switching jobs at DMH Stallard, Smith & Williamson, JP Morgan Asset Management and Formula 1 March 13, 2017 Today's City Moves cover legal eagles, asset management and sports. Take a look at these movers and shakers: DMH Stallard DMH Stallard has appointed Carolyn Lee as a solicitor in its London real estate and construction team. Carolyn most recently worked in the construction group at Linklaters, where she acted for major property developers. Her [...]
Focus On Kensal Rise: This north west London town ticks all the boxes for a place that’s due a price rise March 10, 2017 How can you tell if a place is about to get seriously popular? Well, there are a few signs that you can look out for; plenty of Victorian architecture; well-to-do neighbours; improving schools; green space; and a sudden proliferation of independent shops and restaurants. Kensal Rise in north west London ticks all of these boxes [...]