Osborne’s great British sell-off January 7, 2014 MEMBERS of the public and businesses will today be offered the chance to buy government land and property on the open market, a landmark change designed to raise money for Treasury coffers and free up space to build new homes. The scheme, announced today by chief secretary to the Treasury Danny Alexander, will see a [...]
The veteran who is back doing deals | City A.M. October 7, 2013 Mike Slade speaks to Kasmira Jefford as he nears 30 years at the helm of property company Helical Bar MY INTERVIEWEE is twenty minutes late when he arrives for our meeting at Helical Bar’s headquarters, tucked away in a quiet street off Mayfair’s Berkeley square. Mike Slade, a tall 67-year-old sweeps in, all apologies (“Darling, [...]
The veteran who is back doing deals October 6, 2013 Mike Slade speaks to Kasmira Jefford as he nears 30 years at the helm of property company Helical Bar MY INTERVIEWEE is twenty minutes late when he arrives for our meeting at Helical Bar’s headquarters, tucked away in a quiet street off Mayfair’s Berkeley square. Mike Slade, a tall 67-year-old sweeps in, all apologies (“Darling, [...]
Cuadrilla ramps up its Bowland shale estimates March 5, 2014 CUADRILLA’S shale gas resource in the north west of England may be twice as large as previously thought, according to a geologist at the energy company. Speaking at the Shale UK conference in London, Huw Clarke said that more detailed analysis suggests that the actual reserves may be much higher than original estimates of 200 [...]
British watch brand firing on all cylinders February 6, 2014 Recent visitors to the Square Mile’s super-exclusive Royal Exchange shopping mall will have noticed a new next-door neighbour to Watchfinder’s pre-owned WF&Co boutique, its window populated by an ejector seat and a model of Louis Blériot’s Channel-hopping XI of 1909. But rather than selling Airfix kits, this is the second London boutique for Bremont – [...]
Helicopter firm AgustaWestland wins £760m contracts from MoD January 29, 2014 THE MINISTRY of Defence said yesterday that it has awarded two contracts to helicopter maker AgustaWestland worth £760m in total, securing over 1,000 jobs in the UK. A £430m contract will provide maintenance and support for the British Army’s Apache attack helicopter, which is currently used on operations in Afghanistan, for the next five years. [...]
UK car industry racing back as Jaguar sales rise January 12, 2014 JAGUAR Land Rover smashed its annual sales record in 2013, helped by the soaring global demand for luxury British cars that has revived the fortunes of the UK motor manufacturing industry. The company, which sells 85 per cent of its cars abroad, sold 425,006 vehicles last year, a rise of 19 per cent. More than [...]
Land Securities plots designer outlet at the O2 January 6, 2014 THE O2 arena could become one of London’s top shopping destinations after Land Securities began talks with its owner to open a designer outlet centre on the site. The property giant has signed a six-month exclusivity agreement with AEG Europe to explore options for creating a designer outlet scheme in an unused part of the [...]
Car dealership Vertu makes a virtue of its acquisition drive March 3, 2014 CAR DEALERSHIP Vertu has raced ahead of earnings forecasts in the year to the end of February and expects new car sales to accelerate further this year. The firm, which has expanded from 95 to 106 showrooms across the UK in the last year, said like-for-like new car sales rose 21.5 per cent in the [...]
British Land sells Cambridge mall October 1, 2012 British Land said yesterday it has sold the Beehive Centre in Cambridge to Orchard Street Investment Management for £109.2m. The 238,000 square feet retail park, bought by British Land in 1998, is anchored by a 70,000 sq ft Asda store and has 15 other tenants including TK Maxx and Next Home. Orchard Street said the [...]