Capital Shopping Centres to tap bond market for £300m in cash September 20, 2012 CAPITAL Shopping Centres (CSC), the UK’s largest shopping centre owner, has become the latest listed property firm to turn to the market for cash after it launched a £300m bond issue yesterday. The owner of malls including the Trafford Centre in Manchester and Lakeside in Essex, is offering £300m of senior, unsecured convertible bonds due [...]
Daft planning rules are pushing up the price of food in shops January 8, 2013 IF you travelled abroad over Christmas, you will have noticed that goods in shops are often cheaper than in the UK. A uSwitch survey cited by the Institute of Economic Affairs shows that a food basket costs roughly a fifth more in the UK than it does in Germany, France and the Netherlands. Once again, [...]
Daft planning rules are pushing up the price of food in shops January 7, 2013 IF you travelled abroad over Christmas, you will have noticed that goods in shops are often cheaper than in the UK. A uSwitch survey cited by the Institute of Economic Affairs shows that a food basket costs roughly a fifth more in the UK than it does in Germany, France and the Netherlands. Once again, [...]
British Land signs first tenant for Cheesegrater as profits increase November 15, 2011 PROPERTY developer British Land has formally signed a pre-let agreement with insurance broker Aon to lease a third of its Leadenhall building, nicknamed the Cheesegrater, in the City. Aon will take 191,000 square feet over 10 floors of the 47-floor skyscraper – due to be completed mid-2014 – paying on average £56.60 per square foot [...]
Women land a quarter of new directorships October 6, 2013 WOMEN are taking a quarter of new appointments to the boards of FTSE 100 companies, according to figures released today by a group pushing for greater equality at the top of public companies. All but six firms at the top level of British business now have a women on their board. Campaigners said business is [...]
Give London back its stamp duty to reinvest in growth February 5, 2013 FIFTY years ago the average London house cost roughly the same as a month’s rent in some parts of North London today. Notwithstanding the effect of inflation, that cannot be sustainable, socially or economically. Among the range of housing challenges we face, the greatest by far is simply to build more homes. That’s why Boris [...]
Margin caution from Jaguar Land Rover hits Tata Motors January 24, 2013 JAGUAR Land Rover’s (JLR) runaway profit growth could hit a speed bump in the next quarter, the firm said yesterday in an announcement that sent parent firm Tata Motors’ shares down as much as ten per cent. British carmaker JLR said that while revenues rose in the last three months of 2012, its profit margin [...]
The Debate: Is there still a case for high-rise tower blocks as attractive buildings for Londoners to live? January 27, 2013 YES Ian Fletcher There are cities all over the world that have no problem with high-rise living, from New York to Singapore. Land in London is scarce and we need to make the most use of it – not only to ensure the city has space to grow, but also that we protect those green [...]
Jaguar signs deal to build a Saudi plant December 11, 2012 JAGUAR Land Rover (JLR) has signed a preliminary deal to build a plant in Saudi Arabia, extending its expansion in fast-growing markets having already started work on a plant in China. The British luxury marque, owned by India’s Tata Motors, signed the deal to look at the possibility of making 50,000 Land Rovers a year [...]
Jaguar Land Rover strikes £1bn China deal November 18, 2012 ICONIC British car maker Jaguar Land Rover yesterday said it will start making cars in China for the first time after striking a deal with Chery Automobile Company for a new factory near Shanghai. The two firms will build the factory in Changshu, in the province of Jiangsu, at a cost of 10.9bn renminbi (£1bn), [...]