The first 100 days: What the new mayor of London needs to do to hit the ground running May 6, 2016 By the time today’s edition of City A.M. hits the streets, Londoners will have voted for their new mayor. With no overnight count, we are in a tantalising no-man’s land between the polling stations closing and the results being announced. By any measure the mayor’s in-tray is going to be full. From housing to transport, new [...]
Crossrail: How London’s Tube map will look after the launch of the Elizabeth Line, running from Shenfield and Abbey Wood to Reading February 24, 2016 Get ready Londoners: the Tube map is about to undergo another big change, ahead of the launch of a new line crossing the capital from east to west. The project formerly known as Crossrail was rebranded the Elizabeth Line yesterday, in deference to our good lady monarch. The Elizabeth line will provide a lasting tribute to [...]
Average house prices in over half of London neighbourhoods are now £500,000 or more February 4, 2016 House prices have broached the £500,000 barrier across 51 per cent of London postcode districts, new research has found – backing up evidence the capital's homes are becoming increasingly unaffordable. The report, by estate agent Stirling Ackroyd, found even areas such as Peckham, which were traditionally seen as pretty affordable, have now joined the half-a-million [...]
Harlequins launch £7.5m bond to fund global growth ambitions April 18, 2016 Harlequins are today launching their first bond in an attempt to raise £7.5m to fund their ambition of becoming the best rugby team in Europe. Ahead of their 150th anniversary next season, the West London club is offering investors a 5.5 per cent annual return, paid semi-annually, over an initial five-year fixed term. The bond, which could be raised to [...]
Why London must retain its lead as the world’s number one retail destination July 16, 2015 One thing underpins Britain’s economic recovery more than anything else: the resilience and potential of London’s economy. While the capital’s financial sector was first to feel the pain nearly a decade ago, London has also led the UK’s economic fightback – attracting global investment, growing employment and pushing up living standards. We are the world’s [...]
Ladies who don’t lunch: Maike Currie talks to Christine Johnson about bonds, bubbles and being a rebel July 14, 2016 "I am definitely a bond person,” says Christine Johnson, head of fixed income at Old Mutual Global Investors. We’re having lunch at Spring restaurant in Somerset House and I am beginning to understand what Christine means when she says that as a fund manager you need to “live your job”. She likens her personality to [...]
Smart moves: How Gloucester Rugby owner is using sport and business nous in new role June 22, 2016 When it comes to sporting achievement they are dreaming big in the West Country. In Bristol, billionaire businessman Steve Lansdown is using his considerable wealth to breathe life into a number of different sports. His most high profile interests include Championship football side Bristol City and Bristol Rugby Club, who finally won promotion to the [...]
UK house prices: Hundreds of thousands of homeowners who bought in 2007 are still stuck in negative equity April 25, 2016 Average house prices in more than half of UK towns and cities are still below 2007 levels, new research has claimed, trapping hundreds of thousands of people who bought at the top of the market in negative equity. Around 1.5 million property transactions were completed at the top of the market before the banking collapse [...]
Football League fixtures 2016/17: All the key dates for London including Brentford, Fulham, Queens Park Rangers, AFC Wimbledon, Charlton, Millwall, Barnet, Leyton Orient June 22, 2016 Fulham will play host to the first game of the new football season, when relegated Newcastle United visit Craven Cottage on Friday 5 August. West London rivals Brentford will kick their season off at Huddersfield a day later before Fulham round-off the capital's opening weekend of Football League fixtures when they take on Leeds United at Loftus Road on Sunday [...]
“We were the first ever agents to sell a building through Twitter” – Meet the social media moguls dragging commercial property sales into the 21st century April 29, 2016 While residential estate agents have been dragged into the internet age, their commercial counterparts have – mostly – continued to resist such a move. There’s no Rightmove for office blocks, or warehouses. And it was this inherent conservatism that seemed to offer a great opportunity when three young surveyors decided to set up shop in [...]