What the other papers say this morning – 24 October 2013 October 23, 2013 FINANCIAL TIMES Brevan Howard moving out of UK Brevan Howard, the world’s third-largest hedge fund, has moved most of its operations out of the UK, shifting dozens of jobs to the Channel Islands, Switzerland, Asia and the US to escape EU regulation and grow internationally. Three years after opening a satellite office in Geneva, Brevan [...]
ANALYST VIEWS | HOW IS BRITISH LAND PLACED FOR GROWTH COMPARED TO RIVALS? May 21, 2012 ALISON WATSON LIBERUM CAPITAL A solid set of results. The NAV of 595p was broadly in line with our 592p forecast. The underlying portfolio grew 2.6 per cent (Land Secs two per cent) with a slowdown in growth in the second half. The key driver was the achievement of a number of important milestones in [...]
Housing bubble threat underscores pressing need to revise Help to Buy August 16, 2013 HELP to Buy has been widely criticised by experts, academics and journalists as a dangerous policy. In the long term, in a supply constrained system, simply increasing lending does not build a single extra house. And due to the planning system’s failures, we have an incredibly supply constrained system. From 2000 to 2007 lending doubled, [...]
Pinzolo to end Godolphin’s topsy turvy season on a high October 24, 2013 DONCASTER hosts the final British Group One race of the season tomorrow when 11 runners line up for the Racing Post Trophy (3.50pm) over a mile. The first place to start has to be Aidan O’Brien who has won the race a record seven times. He saddles three runners and the once-raced Century is the [...]
Chile: the most varied country in the world November 17, 2013 From mountains to desert, Ashwin Bhardwaj is enchanted by the diverse delights of Chile AT UNIVERSITY, we teased our Geographer housemate for doing a degree in “colouring in.” But we secretly envied his trips to exotic corners of the globe, digging ice cores and monitoring volcanoes. Visualising geography is difficult in England as this green [...]
Housing bubble threat underscores pressing need to revise Help to Buy August 13, 2013 HELP to Buy has been widely criticised by experts, academics and journalists as a dangerous policy. In the long term, in a supply constrained system, simply increasing lending does not build a single extra house. And due to the planning system’s failures, we have an incredibly supply constrained system. From 2000 to 2007 lending doubled, [...]
BRITISH LAND SELLS VIRGIN ACTIVE SITES April 23, 2012 PROPERTY developer British Land has sold off five of the Virgin Active racquet sports clubs it bought last July. The clubs in Gloucester, Neath, Manchester, Oxford and Poole have been sold to three institutional buyers for a total of £33m, which the company said represents an average net initial yield of 6.5 per cent.
BRITISH LAND SELLS VIRGIN ACTIVE SITES April 23, 2012 PROPERTY developer British Land has sold off five of the Virgin Active racquet sports clubs it bought last July. The clubs in Gloucester, Neath, Manchester, Oxford and Poole have been sold to three institutional buyers for a total of £33m, which the company said represents an average net initial yield of 6.5 per cent.
We can’t wait until 2015 while politicians dither over the UK airport crisis September 22, 2013 I LEARNED long ago not to listen to what politicians say, but to watch what they do. All parties pay lip-service to doing what it takes to be globally competitive, to create jobs and wealth in a fast-changing, ever more challenging world. But simply by doing nothing, those we elect to govern us are in [...]
Against the Grain: Rising bond yields – and why regulators should learn to live in the real world September 24, 2013 ARE GOVERNMENT bonds risky? The question arose this time last year, during a meeting with my bank. I wanted a low risk portfolio, but they noted that I did not want to hold UK government bonds. It was not quite clear whether it was the regulator who was insisting, or just the way my bank [...]