EU referendum: Mayor of London Boris Johnson calls US President Barack Obama’s anticipated EU intervention “hypocrisy” March 14, 2016 Mayor of London Boris Johnson is taking no prisoners in the EU debate, labelling President Barack Obama's plan to tell the British people they should vote to stay in the EU a "piece of outrageous and exorbitant hypocrisy". Johnson's comments come before Obama plans to land in the UK next month to urge voters to stay in [...]
City Moves for 24 February 2016 | Who’s switching jobs February 24, 2016 GN2 Tim Warren has joined central London property firm GN2 after nearly eight years at Cluttons LLP to lead in the expansion of their investment advisory offer. Tim has over 23 years’ experience and has been appointed director and head of the central London sales & investment team, based in the West End. Tim will [...]
Housebuilders outside of London are unfazed by prospect of a Brexit despite warnings over industry slowdown April 18, 2016 HOUSEBUILDERS across the UK are unconcerned about the effects of a British exit from the European Union, but in London there are fears that it could worsen the capital’s housing crisis. Just 31 per cent of British housebuilders said they are worried about a so-called Brexit, compared to 49 per cent who are not worried, [...]
Legal & General bolsters £250m build to rent pipeline after buying Salford scheme April 14, 2016 Insurance giant Legal & General Capital and its joint venture partner, Dutch pension fund manager PGGM, have announced plans to build more rental properties in Greater Manchester, boosting its pipeline of build to rent homes to 800 across the UK. The two companies joined forces in January to launch a £600m fund to build large-scale private rental housing across the [...]
Ryanair slams French air traffic controller unions as “selfish” for striking and calls for ban on industrial action March 20, 2016 Budget airline Ryanair has hit out at French air traffic controller (ATC) unions over strikes that have seen hundreds of flights cancelled across Europe. The company released a statement this evening repeating its call on the French government and EU Commission to "take action to prevent European consumers regularly being held to ransom by tiny numbers of [...]
Racing betting: David O’Meara holds key to Betway Lincoln March 31, 2016 You know that spring is well and truly here when we’re talking about the Betway Lincoln (Saturday 2.45pm), Doncaster’s traditional curtain-raiser to the British Flat season. Normally this meeting clashes with the Dubai World Cup, but due to the early Easter we’re fortunate to have leading jockeys like Ryan Moore, William Buick, James Doyle and new [...]
Auto Trader share price hits the gas as it hikes profit expectations February 17, 2016 It's been a bumpy ride in recent weeks on the test track that is the UK markets – but recently-listed Auto Trader isn't showing any signs of oversteer. In a trading update this morning, the company said it had performed well in the past four months, with a stronger-than-expected increase in average revenue per retailer forecourt. Because [...]
Wentworth golfers declare victory as owner Reignwood scraps a proposed £100,000 joining fee, but the club’s tennis captain and mining grandee Kirill Klip is still on the warpath March 20, 2016 Golfers may have declared victory in the battle for Wentworth Golf Club after Chinese owner Reignwood scrapped plans to charge members £100,000 to rejoin, but the club's tennis captain and resident mining boss is still on the warpath. Following months of discussions, Reignwood announced on Friday it was backing down on a number of proposed measures [...]
What a weekend for stag parties – a mystery bachelor spent over £10,000 in Stringfellow’s on his last night of freedom, while a British stag party got detained in Berlin February 28, 2016 London's bachelors really outdid themselves this weekend. While six members of a stag party were kicked off a flight from Luton for being drunk and unruly, a well-heeled bachelor staying in the city managed to blow over £10,000 on his last night of freedom. Our spy tells us that a well-heeled stag booked a private room [...]
EU referendum: London will be stronger if the UK remains as a semi-detached member of the club April 7, 2016 Any freedom gained by Brexit will come at the expense of opportunity and London will bear the brunt if Britain votes to leave. London will be stronger if the UK remains as a semi-detached but full member of the club, as negotiated by Prime Minister David Cameron in his reform deal. London has flourished by being [...]