British Land confident in resilience ahead of Brexit vote May 16, 2016 British Land said it remains confident of having a good 2016 despite uncertainty over the global economy, EU referendum and new London mayor Sadiq Khan. The FTSE 100 property giant today reported an increase in underlying profit in the year to 31 March 2016. The figures The company’s underlying profit was £363m, up from £313m in [...]
Brexit is not to blame for Jaguar Land Rover’s job cuts and production changes April 16, 2018 Jaguar Land Rover’s 40,000 British workers will today be furnished with the finer details of how many cars are to roll off the ramps over the next year. Production will be slashed as 1,000 West Midlands jobs are cut at Britain’s biggest carmaker. The firm’s UK sales are down by more than a quarter so [...]
Focus On Knightsbridge: Who actually lives in the land of Harrods and what homes are set to be ‘superior’ to One Hyde Park? August 31, 2018 Fast cars, flagship designer stores and fancy restaurants are all things that characterise Knightsbridge in the London hive mind. But who actually lives amongst this finery where, according to Hamptons International, the average home goes for £3.5m? “Vietnamese, Turkish, American, Bahrani, French, Italian…” reels off Charlie Willis, head of London residential agency at Strutt & [...]
Horse Racing Betting Tips: Baritone looks pitch perfect in Old Rowley October 11, 2018 NEWMARKET’S two-day Dubai Future Champions Festival is a precursor to next week’s QIPCO British Champions Day at Ascot. The juveniles are the stars of the show, but for most punters the big betting race of the day is the valuable Old Rowley Cup (4.10pm). This 1m4f handicap for three-year-olds is an interesting race, particularly with [...]
Rolls-Royce unveils ‘flying taxi’ at Farnborough Airshow July 15, 2018 Rolls-Royce has released plans for a flying taxi that could be taking to the skies in the early 2020s. The British manufacturer will unveil its designs for an electric vertical take-off and landing (EVTOL) vehicle at the Farnborough Airshow, which will be officially opened by Prime Minister Theresa May tomorrow. The air show is one of [...]
Blame the bank: How finance caused today’s housing crisis October 18, 2018 Home ownership is increasingly out of the reach of younger adults in the UK. The share of those aged 25-34 who own their home fell from 55 per cent in 1997 to 35 per cent in 2017, according the Institute of Fiscal Studies. A decade of stagnant wage growth means that the gradual house price [...]
Airbus and BMW better start planning for a no-deal scenario June 27, 2018 The EU (Withdrawal) Bill has now received Royal Assent, and over the next few days the Prime Minister will be at the European Council in a far stronger position and hopefully an emboldened mood. This does not mean that the next phase of Brexit is going to be any easier than the two years since [...]
The great British sell-off: Three ways for investors to profit September 13, 2019 As the final act of the Brexit saga approaches, investors are still locked in a state of perpetual uncertainty. We can’t know what will unfold, but what business is continually telling the government is how difficult it is to plan in the current environment. Brexit is the moment when we will receive some clarity, for [...]
The US Embassy is throwing its doors open to the general public for the first time as part of Open House London this weekend September 18, 2018 Few Londoners can have failed to notice that there’s a new United States Embassy in town. Firstly, it’s hard to miss. The enormous glass cube is currently the most striking landmark in Nine Elms, a post-industrial stretch of riverbank that’s still very much a work in progress. Those who don’t visit Wandsworth very often may [...]
The US Embassy is throwing its doors open to the general public for the first time as part of Open House London this weekend September 18, 2018 Few Londoners can have failed to notice that there’s a new United States Embassy in town. Firstly, it’s hard to miss. The enormous glass cube is currently the most striking landmark in Nine Elms, a post-industrial stretch of riverbank that’s still very much a work in progress. Those who don’t visit Wandsworth very often may [...]