London rents more than double UK average as high property prices lift sector demand March 29, 2015 Rents in London rose by eight per cent in February compared with the same month last year, as high property prices forced more people into the rented sector. For the UK as a whole, average rents increased by seven per cent in February compared with last year, figures released by estate agents Barnard Marcus show [...]
UK house prices fall by average of £482 in another signal the property market is cooling March 2, 2015 House prices have fallen for the first time in five months as annual growth in the property market slowed to its lowest rate since September 2013 – yet another signal the market is losing steam. The latest figures from Nationwide show house prices fell 0.1 per cent in February compared to a 0.3 per cent [...]
West End landlord Shaftesbury goes shopping for £130m loan March 18, 2015 WEST END property developer Shaftesbury yesterday secured a £130m loan with Aviva, wiping out a £100m debt that was due to expire next September. The company, which owns huge swathes of London’s busiest shopping districts, including Carnaby Street and Covent Garden, said the new 15-year loan has a fixed rate of 3.2 per cent and [...]
UK train strikes: Network Rail, DLR strike action and further taxi driver protests spell May bank holiday travel hell for Londoners May 15, 2015 London is speeding towards a bank holiday that could bring utter misery to commuters with the prospect of strike action looming. Workers for Network Rail, the company which keeps the entire UK rail network running, have voted in favour of strike action over pay which has the potential to bring rail services in London and [...]
General Election 2015: Ukip is expected to lose a lot less money in election deposits – at the cost of the Lib Dems April 30, 2015 While Ukip may not be set for many MPs after the General Election, they are likely to lose a lot less money in lost deposits this time round. The same can't be said for the Lib Dems Both Ukip and the Greens are fielding more candidates than ever before and, if Lord Ashcroft’s polls are [...]
John Lewis has started selling the iPhone, Samsung Galaxy S6 and other smartphones, partnering Vodafone to offer contracts June 23, 2015 High street favourite John Lewis is going mobile and will for the first time stock smartphones on its shelves in an ambitious move to sate people's appetite for mobile devices and grab a share of the rocketing market. More than 25 sim-free handsets will go on sale online from today, while the department store is [...]
Loyd Grossman shows his green credentials March 23, 2015 PROVING he’s passionate about more than just sauces and peeking through keyholes of the rich and famous, Loyd Grossman last night hosted the City of London Corporation’s 2015 Sustainable City Awards at Mansion House. The 14th annual “Green Oscars” highlighted the importance of sustainable investment in the fortunes of UK cities. And although the award [...]
Banks forced to compete hard for current accounts April 22, 2015 Britons have been shaken out of their traditional apathy towards their banks, as the switching scheme has successfully encouraged them to shop around, new data shows today. The seven-day switching service was used by 1.14m people to change current accounts, the Payments Council said, up seven per cent on the year. And the proportion who [...]
Gunmen take Turkish prosecutor Mehmet Selim Kiraz hostage over 2013 death of teenager Berkin Elvan March 31, 2015 A Turkish prosecutor has been left fighting for his life after a far-left Turkish group took him hostage and threatened to kill him over the handling of an investigation into the death of a teenager in 2013. Two of his captors were killed when security forces stormed the offices of Mehmet Selim Kiraz earlier [...]
Cameron has won over Britain’s entrepreneurs – now he must deliver May 27, 2015 THE Conservative Party’s victory at the General Election was good for entrepreneurs. Prior to it, 71 per cent of entrepreneurs in our Leap 100 poll, made up of the leaders of some of Britain’s most promising companies, were backing the Tories, versus just 6.6 per cent who wanted an Ed Miliband-led Labour Party. Elsewhere in [...]