Prices on the rise: What next for inflation? February 23, 2017 Inflation is waking up Most of the major central banks are predicting rises in inflation. Price pressure was already beginning to build in 2016 as the world economy showed signs of improvement. Now the policies of a new Trump administration – lower taxes and increased government spending – could increase that pressure. The expectation among [...]
New homes on sale in “mini-Manhattan” London City Island, marketed as the capital’s would-be culture hub September 1, 2016 London City Island, Leamouth Peninsula From £365,000 The final and tallest building in the London City Island development will go on sale on Saturday. The marketing suite on the Leamouth Peninsula site will throw a party with ice pops and a juice bar from 10am to 5pm to entice buyers to invest in studio to [...]
Inside Big Bang: The chaotic October morning that created the modern City October 26, 2016 Shortly before 8am, as Sir Nicholas Goodison surveyed the floor of the Exchange crowded with foreign television crews and curious journalists, he was a little apprehensive. After so much hype about the possibilities of what had been termed Big Bang, and difficult negotiations with Margaret Thatcher’s ministers, and efforts to persuade the more conservative elements [...]
West Berkshire Brewery raises glass as it expands into Islington-based pub Shillibeers and puts pen to paper on new brewery June 2, 2016 Crowdfunding beer maker West Berkshire Brewery is raising a glass after it put pen to paper on a new £3m custom-built brewery and secured its first urban pub, Shillibeers, in Islington. The new brewery will allow West Berkshire to increase its brewing capacity tenfold and also to provide packaging for other breweries. The brewer has said the [...]
Adidas stand to profit as Manchester United’s Paul Pogba tops shirt bestseller list – but could Arsenal look for more from Puma? October 15, 2016 At first glance, Manchester United’s £75m-a-year kit deal with Adidas looked like a vast overpayment on the behalf of the German sportswear manufacturer. Back in 2014 when United’s commercial guru Ed Woodward secured the deal, United had just endured their worst season since the 1980s, the club had failed to attract some high profile transfer [...]
The economics of iceberg homes: Are mega-basements just a sunk cost? October 26, 2016 Even if you’re rich, London’s above-ground space limitations and conservation rules can put the kibosh on building your dream home. If you have a vision of putting a swimming pool, cinema or bowling alley in your Georgian terrace, you’ll probably have to think vertically to realise it. Over the last decade, iceberg basements have become [...]
I love Bournemouth and want to stay as long as possible, says reported Arsenal target Eddie Howe September 8, 2016 Bournemouth manager Eddie Howe has played down suggestions he could be headhunted by Arsenal to replace Arsene Wenger, insisting he wants to stay with the south coast club. Howe admits he is pleased that his success in taking the Cherries from the fourth tier to the Premier League has been recognised, but the top flight’s [...]
A shortage of land could kill off London’s e-commerce revolution September 13, 2016 Recent reports that Amazon is set to test drone deliveries in partnership with the UK government is just the latest salvo in the fiercely contested battle between the e-commerce giants that are transforming the way we shop. The move also demonstrates the challenges of a constantly evolving logistics sector. City A.M. readers are at the [...]
Harry Potter and the Cursed Child review at the Palace Theatre: A sappy script but possibly one of the best staged plays the West End has ever seen July 28, 2016 JK Rowling’s Harry Potter series stood apart from the canon of children’s literature by allowing its characters to grow up. Peter Pan famously never aged and Just William was 11-years-old for about 50 years. Harry, Ron and Hermione, on the other hand, were in their late 30s by the end of the seventh book, sending [...]
Investment trust winners of 2016 December 29, 2016 Investment trusts focused on Asia are on course to deliver some of the best returns in 2016, according to data for trust sectors. Investment trusts are an alternative to more commonly held open-ended funds or unit trusts, offering some advantages. This is explained here: investment trust v open-ended funds Here, we look at the performance [...]