Brent crude oil rises above $68 a barrel for the first time since 2015 lifting shares in BP and Shell January 4, 2018 Oil prices rose to fresh two-and-a-half-year highs today with Brent crude oil climbing above $68 a barrel, on geopolitical tensions in Iran and a tighter market. Brent crude futures rose to $68.27 a barrel this morning, a high not seen since May 2015, before edging down slightly to $68.18 a barrel at the time of [...]
London real estate nears record year: Investment in the capital’s commercial property set to top £20bn October 31, 2017 Investment in London’s commercial real estate sector is on track for a record-breaking year as international buyers flock to the capital. Property adviser Savills predicts that the total volume of commercial real estate transactions in central London during 2017 will top £20bn, and could end the year higher than the previous record level of £21.6bn [...]
Crossrail latest: Elizabeth Line train rollout stalls on Liverpool Street to Shenfield route November 16, 2017 Progress on the rollout of the first Elizabeth Line trains has stalled, with Transport for London (TfL) pushing back a target to have 11 trains in passenger service by the autumn. The intention was to roll out 11 trains on the Liverpool Street to Shenfield route, currently operating as TfL Rail by September, but TfL [...]
West End retailers are expecting a £2.34bn boost from Christmas this year November 2, 2016 The West End is expecting some healthy takings at the till this Christmas – the most important time of year for retailers. The New West End Company has forecast that till receipts will rise 1.6 per cent year-on-year this Christmas, hitting £2.34bn. Average takings are expected to come to £51.1m per day during the peak period for [...]
World’s richest clubs 2018: West Ham climb to 17th as Manchester United top Deloitte Football Money League January 23, 2018 West Ham have been named the 17th richest club in the world after their move to the London Stadium helped them to climb the latest edition of Deloitte’s Football Money League. The Hammers jumped four places in the annual list, published today, after they increased revenue last season to £183.3m (€213.3m). The club’s rise in [...]
Shirt pull: Classic football kits have never been bigger business thanks to the 90s fashion boom and looming World Cup March 28, 2018 During this summer’s World Cup you will be nearly as certain to spot a football fan sporting a France shirt from 1998 or West Germany’s block-patterned effort from 1990 as you are to see someone kitted out in the latest England kit. Vintage football shirts have not only become commonplace at stadiums, in the pub, [...]
Brits brace for Christmas travel trouble with “Frantic Friday” on the roads ahead of series of rail strikes and station closures December 22, 2017 Brits today face the busiest date for travelling on the nation’s roads, at the start of a festive period stacked with travel troubles including rail strikes and numerous station closures. The RAC has warned drivers against travelling today where possible with last-day commuters mixing with an expected 1.25m leisure trips. It has been dubbed “Frantic [...]
Why fired-up Liverpool can end Manchester City’s Premier League reign and Manchester United could fall out of the top six August 8, 2019 What separates Manchester City and Liverpool from the rest of the Premier League is that they have settled squads which excelled last season, playing to their optimum level almost every week in a brilliant title race that City eventually just edged. Sustaining that lead is so difficult and this is why Pep Guardiola got such [...]
Focus On Vauxhall: Donald Trump might not be keen on it, but international investors dig these skyscrapers south of the river February 2, 2018 Vauxhall got dragged through the mud by no less a figure than the President of the United States recently. The US Embassy’s much touted move to the “off location” was supposedly the reason behind Donald Trump’s cancelled visit to the UK, even though the new building has its own moat. Clearly, tech behemoth Apple didn’t [...]
The West End wins big property deals as London office space take-up soars October 16, 2017 Take-up of office space in central London surpassed a 10-year average in the third quarter this year. Central London take-up was 3.4m sq ft, marking a quarterly increase of three per cent, and beating a 10-year average of 3.1m sq ft, according to the latest figures from global real estate advisor CBRE. The largest deal [...]