Teach ex-cons the skills that our ever-changing city needs and bring down Britain’s re-offending rate September 6, 2018 Across all the city’s businesses, we are surrounded by talented people. But the roles we need these people to take on, and the skills we need them to have, are changing faster than ever. In the property industry, we’ve seen a huge shift in the skills required to build for our capital’s future – construction [...]
New Homes: What’s going on sale this week in London August 10, 2018 Landmark Pinnacle, Canary Wharf From £542,750 You’ll be breaking records by buying an apartment in this 75 storey skyscraper, which claims to be the tallest residential tower in London. It also has the highest residential gym, roof terrace and a landscaped garden square halfway up. These are the last homes to go on sale, [...]
Work on the London Overground Barking Riverside extension is months behind schedule March 14, 2018 Construction has yet to start on the £263m Barking Riverside Overground extension, but work is already months behind schedule due to design issues impeding the procurement process. There have been troubles with the issue of the main works tender due to "design complexities", and that is now 148 days – nearly five months – behind [...]
Banking culture needs to adapt as the algorithms learn to trade | City A.M. July 19, 2018 Financial markets never sleep. The trade in financial instruments has long been a global marketplace, operating round the clock. But increasingly, market continuity is maintained not only by human intervention, but also by algorithmic tools. This has brought with it huge client benefits: executing trades at an unprecedented pace and volume, lowering costs, increasing accuracy, [...]
BMW ‘closely monitoring’ trade war tensions as it reports lower profits for second quarter | City A.M. August 2, 2018 BMW has warned that rising political tensions between the US and China could take a toll on its profits in the coming months, as the car maker revealed reduced sales and profits for the first half of this year. In a call with reporters following the release of its first half results, Chief Financial Officer [...]
Homeowners near Crossrail 2 stations could be hit by new tax May 11, 2018 People living near Crossrail 2 stations could be hit by a new tax, under proposals being considered by Transport for London (TfL). The proposed £31bn project will start from Cheshunt in Hertfordshire and run through London and then out to stations in Surrey such as Epsom, Hampton Court, Chessington South and Shepperton. Property magazine Estates [...]
The subscription economy may be the future for businesses, as firms switch to selling outcomes rather than products August 29, 2018 When was the last time you actually bought a DVD or CD? Most likely, you subscribe to a digital streaming service, like Netflix or Spotify. Congratulations, you’re part of the burgeoning subscription economy. But this subscription-based economy isn’t just limited to entertainment media. Increasingly, both individual consumers and big businesses are finding it more convenient [...]
Wembley sale: Questions over the FA’s valuation and need to sell, says its former commercial director May 1, 2018 As has been widely reported, the Football Association has received an offer from the American billionaire Shahid Khan to buy Wembley Stadium. Khan already owns an NFL franchise and Fulham FC, and is no stranger to football or London and the UK. Permission for the FA executive to develop the proposal has been granted by [...]
Outrage-induced regulation will not fix the broken audit market October 12, 2018 The audit market is broken. Don’t take my word for it – ask Rachel Reeves, the Labour MP who chairs the BEIS select committee, or Liberal Democrat leader Vince Cable, or even the Conservative business secretary Greg Clark, who last month ordered an inquiry into competition in the sector. With such cross-party concerns, it should not [...]
Energy: European wind power investment sailed to €51bn in 2017 April 17, 2018 Last year, a total of €51.2bn (£44.3bn) was invested into wind energy across Europe, up nine per cent from the previous year due to a surge in project and company acquisitions. Wind power represented the largest investment opportunity in the energy sector in 2017, according to Wind Europe’s latest report on financing and investment trends. [...]