Storm Doris: Insurers reveal a spike in claims after the UK’s worst storm of 2017 makes landfall February 24, 2017 The insurance sector has started to count the cost of the 100mph plus gales that have lashed the British Isles over the last few days. Storm Doris has led to a spike in activity for insurers, primarily in relation to land and buildings cover, with one provider saying it had already seen a 300 per cent increase in [...]
British Land splashes £210m on Paddington Central site ahead of Crossrail arrival April 14, 2015 British Land has snapped up a site in Paddington where Crossrail is set to push up property and rental prices in a £210m deal. The property giant, which already owns part of the massive Paddington Central scheme, has bought One Sheldon Square, a 200,000 sq ft, nine-storey office building, currently home to Visa Europe, from a [...]
Entrepreneurs remain positive about UK as a home for startups December 16, 2016 The majority of startups remain positive about the UK as a location to set up a business, new research shows. Some 85 per cent of nearly 200 entrepreneurs quizzed by the Institute of Directors (IoD) said they would still pick Britain over anywhere else in Europe as a startup location. A majority (57 per cent) [...]
From bush-boy to buddhist monk to banker: Michael Dobbs-Higginson June 12, 2017 The early morning is baking. I’m strolling around leafy Chelsea, sweat glistening on my brow, searching for Michael Dobbs-Higginson’s flat. When I arrive, he’s pacing back and forth on the phone, but ushers me into his lounge; a modest and self-effacing room, the decor a shrine to his life of adventure – a vase from [...]
That’s far out: UK investment firm launches £80m space tech fund November 21, 2016 A UK investment firm has today launched an £80m space-tech venture fund. Seraphim Capital said the fund, which will focus on early-stage, space-related technology businesses, is the largest of its kind. The company expects to have raised the £80m over the next two quarters, and today announced a £30m investment from the British Business Bank alongside [...]
132,000 tonnes of cargo will go through Heathrow this Christmas – with salmon and clotted cream among top exports December 18, 2016 Heathrow's expecting salmon and crocheted garments to bump up its export figures for the festive period. Many shoppers raced to get all of their Christmas shopping wrapped up ahead of the international postage deadline over the weekend and the UK's biggest airport is expecting a bumper month. Read more: Here's how Stansted is planning to gain [...]
Making his mark on Mediacom UK: Meet chief executive Josh Krichefski February 6, 2017 I’m waiting in the lobby of MediaCom’s home in Holborn to meet Josh Krichefski; a six storey hive, buzzing with the to-and-fro of a thousand-strong population, tied together by a dominating atrium. Expecting to head straight to the executive suite on the top floor, his assistant instead guides me to the second: “he likes to [...]
May 2, Sturgeon nil: The SNP has no case for a second referendum on Scottish independence March 15, 2017 If there is one thing that we can be certain about following this week’s political events, it is that Prime Minister Theresa May is not simply David Cameron in a skirt. After a significant amount of establishment and media pressure to back down on her Brexit timetable and allow many concessions and delays, she has had her [...]
Top bankers from Goldman Sachs and JP Morgan touch down in Davos for Brexit showdown with Prime Minister Theresa May January 19, 2017 Prime Minister Theresa May has jetted out to Davos for crunch talks with top bankers following a landmark speech this week in which she set out her vision for Brexit. May will meet chief executives from banks such as Goldman Sachs and JP Morgan a day after two other bosses – HSBC’s Stuart Gulliver and UBS [...]
Ryanair boss Michael O’Leary: Voters were “lied to” by Brexit campaigners over staying in the Single Market January 8, 2017 Michael O'Leary hasn't shied away from criticism of Brexit, and has warned the impact on the airline industry could be substantial. He said people were promised they could leave the EU and stay in the Single Market. "It's now absolutely clear that they were lied to by the exiters. That offer is not on the [...]