EasyFoodstore shuts after demand for 25p food clears shelves February 4, 2016 The EasyFoodstore has been forced to close just days after it was launched, after bargain-hunting Londoners stripped the shelves bare. The pilot was launched on Monday, in Park Royal, north-London, with an introductory offer of 25p applied to all items ranging from pizzas to jaffa cakes. Those looking to get their hands on a good deal [...]
Osborne’s pensions tax relief shake-up explained: What could happen and what should you do about it? February 18, 2016 Former pensions minister Steve Webb made headlines earlier in the month by claiming that abolishing Britain’s current system of pension tax relief could be George Osborne’s “’Gordon Brown’ moment” (referring to the latter’s notorious tax raid on occupational pensions in 1997). Now a director at Royal London, Webb pulled few punches in outlining what he [...]
City Moves for 24 February 2016 | Who’s switching jobs February 24, 2016 GN2 Tim Warren has joined central London property firm GN2 after nearly eight years at Cluttons LLP to lead in the expansion of their investment advisory offer. Tim has over 23 years’ experience and has been appointed director and head of the central London sales & investment team, based in the West End. Tim will [...]
Rogers remains a doubt despite training return July 26, 2015 AUSTRALIA opener Chris Rogers remains a doubt for the third Investec Ashes Test despite stepping up his recovery with an indoor net session yesterday. The 37-year-old was forced to retire from Australia’s second innings at Lord’s after suffering on-field dizziness. The episode has since been diagnosed as a delayed reaction to being struck on the [...]
Why do entrepreneurs move to the countryside? Falling land values sparks rise of rural startups, says RICS February 3, 2016 There is an entrepreneurial revolution taking place it is happening among Britain’s green pastures, a new report claims. Rising property prices in city centres and falling land values have made buying a plot in the countryside increasingly attractive to those outside traditional farming communities, according to the Royal Institute of Chartered Surveyors (RICS), fuelling a surge in new business [...]
UK house price growth has accelerated – and it’s not all because of stamp duty changes, according to the Nationwide House Price index April 1, 2016 Would-be second home owners appear to have bolstered the UK's house price growth in March, with the annual rate accelerating to 5.7 per cent – up from 4.8 per cent the previous month. The price of a typical UK home rose by 0.8 per cent, at least in part as a result of buy-to-let investors [...]
Tower of London set for a new royal battle March 18, 2015 THE IRON throne, the seat of power for the Seven Kingdoms in the HBO fantasy hit Game of Thrones, yesterday came to the Tower of London. Last night, the TV show’s stars were joined by eager fans for the premiere for the fifth season – due to hit screens next month.
City Moves for 19 April 2016 | Who’s switching jobs April 19, 2016 Savills Real estate group Savills has acquired the City investment team from Deloitte Real Estate, led by Jamie Olley. Jamie and his colleagues Thomas Reeves, Jamie Binstock and David McArthur provide investment advisory services focused solely on the City of London. The team will relocate to Savills City office in mid-June, and will work alongside Savills’ [...]
RBS and other UK banks facing first quarter earnings woe after US lenders posted a sharp drop in profit April 25, 2016 British banks are set to post first quarter profits this week that are weighed down by the rising risk of Brexit, bad debt, and poor investment banking performance. The difficult period has already dragged down profits at some the biggest US banks, though they largely managed to beat low estimates. Citibank, Goldman Sachs, Bank of [...]
Silvertown Tunnel consultation opened by TfL as it seeks public feedback December 22, 2015 Plans for the Silvertown Tunnel, a new river crossing in the east of the London, are being opened up to the public. Transport for London is seeking feedback from locals and other interested parties with a new consultation on the connection between east London's Royal Docks and Greenwich Peninsula. The £750m tunnel, which is expected [...]