CITY MOVES | WHO’S SWITCHING JOBS August 8, 2011 Santander The retail and commercial bank has promoted Robin Foale, formerly the divisional managing director for corporate and commercial banking in Thames Valley & South West, to managing director for its business banking division. In his new role, Foale will review the services offered to small businesses in Santander’s branch and telephone network. Prior to [...]
Alpine ownership with cash back July 28, 2011 IF you’re not ready to throw down the cash to secure full access to your very own chalet in one of Europe’s finest resorts, you may want to consider one of the rising numbers of rental pool, or “leaseback” arrangements on offer. VIP Ski (vip-chalets.com), the luxury chalet operators with chalets in Switzerland and France, [...]
THE PARTY’S OVER FOR TCHENGUIZ BROTHERS March 9, 2011 THEY came, they saw, they conquered – and then the Tchenguiz brothers were arrested by the Serious Fraud Office yesterday morning in connection with the collapse of the Kaupthing Icelandic bank. The dramatic raid at the property developers’ Mayfair HQ has been the talk of the MIPIM property fair at Cannes, where the brothers were [...]
OECD: Reform taxes for recovery December 8, 2010 Governments must reform their tax regimes if they are to avoid stunting the economic recovery, the Organisation for Economic Co-operation and Development (OECD) said yesterday. Taxes on consumption and residential property tax are less harmful than personal and corporate income taxes, they said.
BBC markets its Television Centre HQ June 13, 2011 THE BBC yesterday put its historic Television Centre on the market. The iconic grade II listed building, located near the Westfield shopping mall, is expected to fetch up to £300m. The broadcaster, led by director general Mark Thompson (pictured) said yesterday it will consider joint venture proposals, which could leave it with some presence at [...]
BBC markets its Television Centre HQ June 13, 2011 THE BBC yesterday put its historic Television Centre on the market. The iconic grade II listed building, located near the Westfield shopping mall, is expected to fetch up to £300m. The broadcaster, led by director general Mark Thompson (pictured) said yesterday it will consider joint venture proposals, which could leave it with some presence at [...]
What the other papers say this morning February 28, 2011 FINANCIAL TIMES NORTHERN ROCK TO OFFER 90 PER CENT MORTGAGES Northern Rock is poised to launch a range of mortgages offering up to 90 per cent of a property’s value, marking the nationalised bank’s return to riskier lending three years after its collapse and government bail-out. The lossmaking lender could make the new high loan-to-value [...]
What the other papers say this morning February 28, 2011 FINANCIAL TIMES NORTHERN ROCK TO OFFER 90 PER CENT MORTGAGES Northern Rock is poised to launch a range of mortgages offering up to 90 per cent of a property’s value, marking the nationalised bank’s return to riskier lending three years after its collapse and government bail-out. The lossmaking lender could make the new high loan-to-value [...]
Ronson project makes first deal May 31, 2011 LONDON property tycoon Gerald Ronson’s new investment vehicle completed its maiden purchase yesterday. Ronson Capital Partners (RCP), “a club of like-minded partners” drawn mostly from the UK and the Middle East, has spent £63m on International House on Chiltern Street, Marylebone. RCP aims to demolish the 12-storey tower once the existing tenants’ lease deals expire [...]
PROPERTY NEWS May 19, 2011 SHOREDITCH GOES AVANT-GARDE Telford Homes have just launched a new cutting edge residential development in Shoreditch. It has been designed by architect Stock Woolstencroft to include a communal “Free Spirit Garden.” Prices start at £250,000. BOUTIQUE ESTATE AGENT TO OPEN IN BELGRAVIA Quintessentially Estates plan to open a boutique estate agency in Belgravia. It is [...]