Commuters, unglaze your eyes – is the design of London Bridge a ‘scandal’? March 7, 2024 Is London Bridge a practical result of post-war planning or a horrific urban eyesore? Your answer may reveal a lot about you, writes Lucy Kenningham
Surging house prices fuels revenue growth at Persimmon July 8, 2021 Housebuilder Persimmon posted a strong set of results for the first six months of the year, driven by surging house prices. Revenues climbed to £1.84bn in the first half of 2021, up from £1.75bn over the same period in 2019 – before the pandemic struck. Income for 2020 was £1.19bn. Surging house prices driven by [...]
Osborne investment firm hands out millions to trio December 19, 2021 Three partners at Robey Warshaw, an investment firm that enlisted the services of former chancellor George Osborne this year, have reaped in millions in profits. The trio shared £30m in profits in the first year of the pandemic, according to filings at Companies House. Last year, Robey Warshaw generated nearly £18m in distributable profits. Osborne [...]
Buyers look to Notting Hill as prime central sales rise 8% on pre-pandemic levels August 13, 2021 Demand for prime central properties is 31 per cent ahead of July 2019 as buyers prioritise green spaces following the pandemic. Sales in the City of Westminster and the Royal Borough of Kensington and Chelsea are up 8 per cent compared to June and July 2019, according to estate agents Winkworth. There has been a [...]
Channel 4 privatisation plans delayed amid growing backlash November 7, 2021 The proposed sale of Channel 4 has met delays after the new culture secretary Nadine Dorries was inundated by a spate of opposition against the move, according to reports. Around 60,000 submissions related to the sale of Channel 4, which is state-owned but independently funded through advertising revenue, were sent to the government, according to [...]
Savile Row tailor placed into liquidation as quest for buyer fails January 4, 2022 The parent company behind London’s iconic men’s tailor Gieves & Hawkes has been put into liquidation after failed attempts to woo potential buyers. FTI Consulting and R&H Services have been appointed as joint liquidators for the 250-year-old brand, alongside its sister brands Kent & Curwen and Cerutti, according to The Times newspaper. The newspaper reported [...]
Startup Saudi – Technology and innovation are turning Saudi Arabia into the perfect partner for the City May 16, 2024 The international ambassador for the UK’s financial industry is excited about Saudi Arabia.
Average UK house price 30 per cent up on 2007 market peak July 27, 2021 The average price of a home in the UK has risen to a new high of £230,700, up 30 per cent on the 2007 market peak. Since June of last year, the average price has risen by 5.4 per cent, more than double the year on year price growth recorded 12 months ago, when annual [...]
After a week from hell: Shareholders tell Unilever to focus on health to avoid being struck hard by regulatory changes January 20, 2022 Food giant Unilever should focus further on health after a week of fierce criticism for the Marmite manufacturer, a group of major asset managers and shareholders said this morning. The coalition of investors, backed by Share Action, said it is urging the company to adopt ambitious targets to increase the share of healthy foods in [...]
Cazoo announces revenue boom as second-hand car demand soars October 26, 2021 Cazoo announces third-quarter success, as their offering resonates with second-hand buyers and a growing delivery culture. The used-car retailer report a growth in revenue up 267 per cent YoY, to £174.4m in Q3. Within this, retails revenues were up 207 per cent YoY, with a gross profit of £11.8m, up by £12.5m compared to Q3 [...]