Royal Mail sale and Johnson Matthey hit FTSE – London Report June 4, 2015 BRITAIN’S top share index fell yesterday, led lower by specialty chemicals maker Johnson Matthey and ex-dividend stocks in a broad sell-off in equities. Johnson Matthey, the world’s largest maker of auto catalysts, shed 5.3 per cent, making it the top FTSE 100 faller. The company posted a small rise in annual profit helped by higher [...]
Focus On Deptford: First time buyers flock to SE8 in search of affordable homes, but is it the new Shoreditch? May 26, 2016 In Tudor times, Deptford was the centre of the naval world. Operated by the Royal Navy from the mid-16th to the late 19th century, the Deptford Docks maintained warships for 350 years and attracted the greatest mariners of the time to its shores, from Sir Water Raleigh to Sir Francis Drake. But once the navy [...]
City Moves for 17 June 2016 | Who’s switching jobs June 17, 2016 PwC Andrew Kail has been appointed as leader of PwC’s UK financial services practice, succeeding Kevin Burrowes who is joining PwC’s executive board as head of clients & markets. Andrew has over 25 years of experience with PwC, having operated in a variety of financial services roles, most recently as head of the FS Assurance [...]
At the open: FTSE 100 clinging on, as markets look ahead to European Central Bank (ECB) interest rate and quantitative easing decision April 21, 2016 The FTSE 100 popped, dropped then levelled off this morning, to stand down 0.06 per cent at 6,406 in the first minutes of Thursday trading. Miners started on the up after Brent Crude smashed through the $45 a barrel mark last night and held on this morning to clock in for the day at $45.84 [...]
Brick maker Forterra floats on London Stock Exchange with £360m valuation as it seeks to capitalise on growing UK housing market April 21, 2016 The UK's second largest brick maker is making its debut on the London Stock Exchange today as it seeks to take advantage of the UK's growing housing market. The flotation values Forterra at £360m, with the company missing its target of £450m. The initial public offering (IPO) comprises a sale of 70m shares, representing 35 per cent of the [...]
Another sign London’s ultra-high-end homes are losing their sparkle, as One Hyde Park designer Candy & Candy falls into a loss April 8, 2016 When the first homes were sold in 2012, its gleaming towers became the centre of a storm of criticism: now the interior designer behind controversial uber-prime residential development One Hyde Park have slumped into a loss. Figures filed with Companies House yesterday show interior designer Candy & Candy, which designed the communal areas and many of the apartments [...]
Telecomms giant BT Group to name Simon Lowth, who has previously worked for BG Group and AstraZeneca, as new finance chief tomorrow morning March 17, 2016 BT Group is set to name Simon Lowth as its new finance chief tomorrow morning. Lowth was previously finance chief at oil company BG Group before it merged with Royal Dutch Shell earlier this year and, prior to this, he was finance chief at pharmaceutical company AstraZeneca. Lowth also sits on the board of Standard Chartered and has [...]
“Polish prince” John Zylinski is throwing himself into the mayoral election, and he wants to ban Nigel Farage from London March 29, 2016 "This must be the most boring election ever", says property boss John Zylinski, who's using his royal blood to add a bit of excitement to the London mayoral elections this year. The so-called "Polish prince", a London-born property developer and the son of Polish aristocrat Captain Andrzej Zylinski, is officially registering to run for mayor on Wednesday, and [...]
RBS gains offset by Royal Mail losses as FTSE 100 closes flat – London Report June 11, 2015 GAINS in Royal Bank of Scotland shares bolstered Britain’s top equity index yesterday on news it would be returned to private hands sooner than expected, while shares in Royal Mail fell after the government sold half its stake at a discount. The blue-chip FTSE 100 index closed up 0.2 per cent at 6,846.74 points. The [...]
As the world prepares for the Chelsea Flower Show, we meet up with the young superstars of landscape architecture April 25, 2016 Harry and David Rich, 28 and 25 Although not involved with the London shows this year, Welsh brothers Harry and David Rich already have a clutch of medals from three successive years at Chelsea. Having grown up with a love of gardening, it’s no surprise the siblings both decided to go into landscape design. Their [...]