This London house in Ilchester Place, Kensington, earns more than you May 12, 2015 A plush Kensington house nestled next to leafy Holland Park has earned more in the past eight years than most London workers. The three-storey eight-bed house in Ilchester Place, which is on the market with a £13m price tag, has raked in £130 an hour since it was last sold in 2007. The rising value of [...]
Independent shops are bringing some much-needed cool to London’s housing schemes June 11, 2015 There was a time when retailers were an afterthought to housing developers. But increasingly sophisticated homeowners, used to an urban village life among coffee shops and boutiques, are demanding more. “Ideally, you want to bring the commercial side in as soon as you can,” says John Anderson, chairman of developer Berkeley Homes, East Thames. [...]
Cezary Bednarski’s Notting Hill home: Don’t buy your dream house, build it June 25, 2015 In the 1970s, Cezary Bednarski’s home was a derelict playground for undesirables filled with needles, rubbish and used condoms. The 109sqm plot of land was the site of a demolished Victorian house and an eyesore in the quickly-gentrifying neighbourhood of Notting Hill. The council finally decided to sell it off at auction, where it caught [...]
These Pocket flats in Camden may be tiny – but they’re also 20 per cent cheaper than the local area June 3, 2015 For many Londoners, the idea of buying a place in Camden is about as realistic as buying Kensington Palace – but that's about to change, after the launch of a set of pint-sized homes in the borough. Developer Pocket has just put its Oak Grove scheme on sale. At just over 400 sq ft, the [...]
AO World share price soars as it plugs into turnaround July 21, 2015 AO World's share price leapt five per cent as markets opened this morning, as it appears to be plugged into a turnaround, with the group reporting growth amid a challenging trading environment. The figures: Earlier in the year AO World had forecast “muted” growth for its UK business over the first quarter. In the end, [...]
FTSE 100 bosses and executive pay review has share awards in its sights September 9, 2015 You could almost hear the sighs of exasperation around the City this week as yet another review of boardroom pay was unveiled. The weariness was understandable – myriad studies of executive remuneration have gathered dust for years, even as FTSE-100 pay soared to fresh heights. There is no guarantee that this one, spearheaded [...]
Lloyds share sale sparks Treasury rift as George Osborne ignores warning on value for money June 1, 2015 The Treasury is in disagreement with its own advisers over the sale of shares in Lloyds Bank, as George Osborne seeks to fulfil his General Election pledge to sell a large chunk directly to retail investors. The sale could prove popular, but would also mean selling the shares at a discount – reducing the profit [...]
First homes inside former BBC Television Centre go on sale next month – starting at £500,000 July 27, 2015 Homebuyers will be soon able to own a slice of television history, with the first 450 homes inside the former BBC Television centre set to go up for sale next month. The scenery block at the former BBC Television centre in London’s White City is eerily quiet. For over 50 years the cavernous space used [...]
RBS share price falls as it could face $13bn penalty over mortgage-backed securities July 3, 2015 Royal Bank of Scotland has been told it could face a $13bn (£8.3bn) bill over its behaviour before the 2008 crisis, causing shares to fall 2.1 per cent in mid-morning trading. The 79 per cent taxpayer-owned bank is involved in a long running case in a Connecticut court over how it packaged mortgage bonds and [...]
Liverpool spend more per goal than any other Premier League club June 10, 2015 If goals and entertainment is what Liverpool owners Fenway Sports Group (FSG) want from their team, they won't be happy with the output from Brendan Rodgers' men last season. In terms of goals scored, Liverpool spent more than the rest of the Premier League last season – despite the fact they only had the fifth-largest [...]