The City’s Walkie Talkie skyscraper is finally full after CISI snaps up last remaining floor March 22, 2016 The developers behind the Walkie Talkie skyscraper have let the last remaining floor in the building two years after completion in a milestone moment for the City. The Chartered Institute of Securities and Investment (Cisi) has agreed to take the third floor of the Rafael Vinoly-designed building at 20 Fenchurch Street at a rent of around £65 per square feet, City A.M. [...]
Tesco takes over 21 superstores in £733m deal with British Land March 20, 2015 Tesco has sealed a £733m deal with British Land, in which the supermarket is taking back 21 of its superstores. The company says this will help it “strengthen its core UK business”. In exchange, British Land will take over Tesco's stake in three shopping centres, three retail parks and three standalone stores. These are currently [...]
Wayne Rooney issues apology over images of England captain appearing to party while on international duty November 16, 2016 England captain Wayne Rooney has issued a public apology after he was pictured appearing to party late into Saturday night while on international duty. Rooney, whose absence from the team to play Spain on Tuesday was blamed on a minor injury, called the images, which appeared in a British newspaper, “inappropriate for someone in his [...]
Tata leadership race must show open mind December 16, 2016 Trump, May, Modi: protectionism takes many forms, and has many masters (and mistresses). In India, a curious case of economic nationalism is quietly unfolding at the country’s most significant conglomerate. In one sense, that’s unsurprising – India’s track record of foreign ownership restrictions in industries like insurance, banking and technology, is a lengthy one. But at [...]
Magazine Country Life gets a boost from the BBC September 18, 2016 A BBC television series has boosted the circulation of magazine Country Life. The show, Land of Hope and Glory – British Country Life, was broadcast in March and chronicled the publication’s 199-year history of documenting rural life in Britain. The latest industry data showed the readership of the magazine has increased by 29 per cent [...]
Land of Beds: Running a family business isn’t always bed-lam October 27, 2016 With any family business, when fresh blood comes along, they need to make their mark,” says Mike Murray, managing director of Land of Beds. In 2008, that’s exactly what he did when he joined the family business, embarking on the process of taking the reins from his father, Michael Murray (Senior) – who 30 years [...]
Singapore’s Ho Bee Land puts Southwark’s Rose Court up for sale for £100m February 3, 2016 Singaporean investor Ho Bee Land has put a government office building on the south bank up for sale with a price tag of £98m. The company has hired agents at Savills to sell Rose Court, three years after buying the building for around £67m from Scottish Widows Investment Partnership. The site, next to Southwark Bridge, [...]
Government hails a new air lane agreement with China that is “vital” for post-Brexit Britain October 11, 2016 The Department for Transport (DfT) has negotiated a deal that will more than double the number of flights between Britain and China. In a move the DfT said would "boost tourism and trade opportunities for the UK", 100 flights will now be allowed to depart from each country, each week. Previously a restriction was in place [...]
Airlander (AKA the flying bum) has crashed August 24, 2016 Airlander, the British aircraft which is the longest in the world and also happens to be nicknamed the "flying bum" plane because of its appearance, has had a minor crash. The Airlander 10 was damaged during the landing of only its second ever test flight. No one was injured but there was damage to the cockpit underneath the craft. Watch: Airlander [...]
Six Nations 2017: Why Ireland vs England is “massive” for sponsors Guinness on St. Patrick’s Day weekend March 18, 2017 As far as weekends go, they don’t come much bigger for Guinness. St. Patrick’s Day, of course, means pint pullers around the world will have spent an evening with one hand permanently affixed to the Guinness pump — it is estimated that the annual celebration can double the average day sales of the Diageo-owned brand. [...]