Sand landmarks at St Paul’s Cathedral August 20, 2015 ENOUGH with the sand. Despite the sub-par summer, London has an obsession with beaches this year – now sand sculptures are being built at St Paul’s. A different world landmark is being chiselled each day, marking the launch of travel company Lonely Planet’s Ultimate Travellist guide. So far we’ve seen the pyramids of Egypt and [...]
Bank Station reopened after Jubilee line signal failure causes major overcrowding; as TfL offices evacuated August 25, 2015 Bank is only being used for exit and interchange due to overcrowding after parts of the Jubilee line was out of action for over an hour this morning. The Jubilee line went down at 7:45am because of signal failures in the Stratford area, and only returned at 9am. Initially the line was suspended [...]
Battle for Canary Wharf heats up as pro-Qatari investor increases its stake in Songbird Estates December 11, 2014 The future of Canary Wharf's ownership is looking increasingly uncertain, after a shareholder which has given its backing to a Qatari bid for the estate's owner, Songbird Estates, increased its stake – just as fellow shareholders vowed to prevent the deal at all costs. Third Avenue, which yesterday became the third investor to offer its [...]
Baby brokers? Londoners don’t feel grown-up till they reach 30 September 3, 2015 Are Canary Wharf brokerages overrun with kids? New research has revealed that despite the legal age of adulthood being 18, the average Londoner doesn’t count themselves as a “grown-up” before they’re 30. As an increasing number of City firms hires new recruits straight from school at 18, a new survey of 2,000 young adults has [...]
Tooting property prices: A fun, if a little pricey, area to buy a house on the Northern Line September 23, 2015 Not only does Tooting bear one of the most charming names out of all of London’s precincts, the Zone Three area has pretty good connections to the central London thanks to the Northern Line. A largely residential area, the rows of terraced housing have recently proven popular with the hordes of young professionals that [...]
Watchdog visits Barclays four times a week as FCA takes on Barclaycard oversight July 20, 2015 Barclays was visited by UK regulators on 186 separate occasions last year – more than twice as many times as the next most-visited lender, figures published yesterday show. The bank met with supervisors from the Financial Conduct Authority at its offices roughly four out of every five working days in 2014. The next most visited, [...]
Black Monday 2015 crash reaction: If the global stock markets start to panic, Twitter’s sure to follow suit… August 25, 2015 Suffice to say Twitter went into meltdown almost as quickly as the markets yesterday. Former top Treasury official Damian McBride kicked off the crazy yesterday morning with some helpful financial advice. “Get hard cash in a safe place now,” he urged. “Don’t assume banks and cashpoints will be open, or bank cards will work.” [...]
Night Tube series: Top seven places to buy a house in London along the Jubilee Line September 4, 2015 With the Night Tube delayed for the time being, now is the best time to consider buying in an area that’s set to benefit from it. Research shows that when new transport links come in, house prices only rise once the trains start running so it’s worth taking a punt before the asking prices shoot [...]
Fire and ice mix at the launch of Canary Wharf’s skating rink November 6, 2014 It's not winter until there’s an ice skating rink popping up next to your office, and last night was the turn for Canary Wharfers, as its rink launched – and in a blaze of glory at that. The party, attended by Barclays and Citibank among others, saw the Guinness World Record for most [...]
Canary Wharf owner Songbird Estates says revised £2.6bn Qatar offer is not enough December 5, 2014 Canary Wharf owner and takeover target Songbird Estates has said a revised offer of 350p per share made by the Qatari sovereign wealth fund late yesterday undervalues the company. The board of Songbird said the new cash bid valuing the firm at £2.6bn “does not reflect the full value of the company, its unique position and [...]