What’s next for oil and gold prices in 2018? Here’s what analysts said January 2, 2018 Crude oil and gold prices both started the year on a firm footing, but are prices going to keep going up in 2018? Here's what analysts said about the commodities. Oil prices expected to stay around $60, but could go as low as $30 Brent crude and West Texas Intermediate (WTI) prices both opened above [...]
A London estate agent has demanded Sadiq Khan offers firms a Crossrail levy holiday as the business rates row continues February 22, 2017 Sadiq Khan's comments on business rate rises in the capital clearly haven't gone down well with some… The mayor said yesterday he was "shocked" by business rate rises set to hit the capital – but a boss at estate agent and consultancy Colliers International has said the mayor can take action himself, and called on Khan to do more. [...]
Area guide for property in Richmond November 15, 2017 In a list compiled by accountancy firm Grant Thornton last year of the most “vibrant” places in England to live and work, Richmond-upon-Thames was the only place in London to qualify for the list. With more green space than anywhere else in the capital – and its biggest, most deer-stuffed Royal Park – Richmond is [...]
In full: The letter Sadiq Khan sent to chancellor Philip Hammond on business rates February 21, 2017 London mayor Sadiq Khan has joined forces with a host of business groups to write to chancellor Philip Hammond, warning him about how business rate changes will hit the capital. Business rates changes will come into effect on 1 April, and the new taxes are tied to rents across the UK. As rents have jumped [...]
Jimmy Choo’s share price rises on sterling’s slide November 18, 2016 Jimmy Choo's share price climbed this morning after the company reported revenue growth due to improved trading and store openings. The luxury retailer's share price was up three per cent at time of writing. Read more: West End gets Brexit boost as sales to tip over £9bn for the first time It said its success [...]
JD Sports is opening another megastore on Oxford Street November 21, 2016 JD Sports is opening another megastore on Oxford Street just in time for the busy Christmas period. The 16,000 sq ft store will open at the West One shopping centre on 10 December and is the brand's second shop on Oxford Street. JD Sports said the new store will create 125 jobs. The sports retailer is [...]
Rate rise will not leave challenger banks exposed says Hampshire Trust chief executive Mark Sismey-Durrant as profits surge October 16, 2017 A widely expected interest rate rise from the Bank of England will not leave the specialist lending sector exposed, according to the chief executive of a challenger bank which has seen profits surge in the last year. Hampshire Trust Bank recorded rapid profit and loan book growth in the first half of 2017 said its [...]
Crossrail’s latest mega milestone: The £14.8bn Elizabeth Line’s permanent track has been completed September 14, 2017 The £14.8bn Crossrail project today reached a new significant milestone with the completion of the permanent track for the Elizabeth line. Engineers affixed the final rail clips to the track in the eastbound tunnel of the new Whitechapel Elizabeth Line station. Read more: Crossrail construction: The 19 best pictures of the Elizabeth Line Construction trains [...]
Our overly centralised tax system has exacerbated the business rates debacle February 22, 2017 Business rates may not be the most captivating subject for most City A.M. readers. But the impact of a delayed revaluation on our shops, pubs and cafes might well be. Changes affecting the £25bn a year tax that ultimately goes to pay for social care, schools, Tube trains and roads are due to come into [...]
From huskies to supercars, the wilderness of Finland is transformed into a billionaires’ playground by McLaren May 1, 2018 I’ve been promised 567 horsepower, but first I get to experience the propulsion of seven huskies. I’m scrambling through the forests of northern Finland, hanging onto a rickety two-man sled, zipped up against the Arctic cold. I eventually arrive at McLaren’s kota, a traditional wooden hut 2,000 miles as the crow flies but more realistically [...]