OUT OF OFFICE January 27, 2010 TURNER AT TATE BRITAIN There are just a few more days to catch Tate Britain’s superb exhibition Turner & the Masters, examining the influence Turner’s artistic forebears played on his career, and his attempts to surpass them. The extensive show includes many of Turner’s finest paintings, as well as works by other painters including Claude [...]
FOCUS ON: RICHMOND, SURREY January 21, 2010 THE GRAND TERRACE, RICHMOND LOCK, TW1 1PX Price: From £1.35m The last phase of this development is scheduled for release at the end of this month and there will be 12 five-bedroom, period-style properties available to buy. The development is set close to the Thames and next to the Richmond promenade. Each property has four [...]
The power plant boss who is busy trying to clean up her firm’s act December 16, 2009 T he best way to describe the chief executive of Drax power station Dorothy Thompson is to say that she is poised – a quality that will undoubtedly come in handy when it comes to navigating a path through energy markets beset with low demand and ever more onerous climate change targets. When one meets [...]
BEST OF THE BROKERS December 3, 2009 SPEEDY HIREPanmure Gordon yesterday said it forecasts a loss for the year for Speedy Hire, despite a reduction in debt resulting from cost-cutting measures. It reiterated its target price of 24p and reported that the company’s outlook remains difficult, as there is little reason for investors to expect Speedy Hire to perform in the short-term. [...]
Shaftesbury keen to buy after slump December 1, 2009 THE LONDON landlord Shaftesbury reported a fall in the value of its property last year, but forecast improving demand and more acquisitions. Shaftesbury, which owns more than 450 properties focused in the West End, said its portfolio was worth £1.21bn at the end of September, down 3.8 per cent against a year ago after falls [...]
Gala Coral in 540m debt swap talks October 4, 2009 BINGO hall and casino operator Gala Coral is close to reaching agreement on a crucial £540m debt-for-equity swap, after months of flip-flopping about ways to secure a cash injection for the embattled company. Gala, which in June drafted in investment bank Lazard to look at options to allow it to invest in the downturn, is [...]
Shaftesbury enjoys West End shoppers August 17, 2009 LANDLORD Shaftesbury said yesterday a record influx of overseas and domestic tourists has boosted tenants in its core West End market. The property firm which owns more than 450 properties in Theatreland, Chinatown and Carnaby Street, said it continued to see healthy demand for its shops, restaurants and residential accommodation. The group said that the [...]
Capital Pub Company shrugs off the gloom as sales lift in London boozers June 30, 2009 CAPITAL Pub Company, which runs a chain of non-branded pubs in London, yesterday provided a glimmer of hope for the pubs sector by reporting a seven per cent lift in pre-tax profits to £2.1m. The group, which owns a portfolio including the Anglesea Arms in South Kensington and The Marquis of Granby on Shaftesbury Avenue, [...]
Capital Pub Company shrugs off the gloom as sales lift in London boozers June 30, 2009 CAPITAL Pub Company, which runs a chain of non-branded pubs in London, yesterday provided a glimmer of hope for the pubs sector by reporting a seven per cent lift in pre-tax profits to £2.1m. The group, which owns a portfolio including the Anglesea Arms in South Kensington and The Marquis of Granby on Shaftesbury Avenue, [...]
Wheatcroft to edit WSJ Europe June 16, 2009 Patience Wheatcroft, the former Sunday Telegraph editor and Times business editor who left journalism in 2007 to take seats on the boards of Barclays and Shaftesbury, has been named editor-in-chief of Wall Street Journal (WSJ) Europe. Wheatcroft, who last year chaired Boris Johnson’s Forensic Audit Panel, has quit her non-exec role at Barclays to focus [...]