Sustainable living finally comes of age July 2, 2009 A PROPERTY developer called Morpheus recently revamped three super-luxury homes on Clareville Street in South Kensington, complete with all mod-cons. Even in this climate, they sold within days of going on the market in June, at an average price of £5m. A pretty normal story for the top end of London’s property market. But what [...]
Home sales at highest point for 18 months May 18, 2009 ESTATE agents sold more houses in April than any other month since October 2007, according to the latest estate agent data. The average estate agent sold ten properties in April, up from eight in March and a low point of five in August 2008, the figures from the National Association of Real Estate Agents show. [...]
The property boss who can see the light at the end of the tunnel July 5, 2009 The airy offices of Knight Frank chairman Nick Thomlinson are as good a place as any to survey the wreckage of the property market over the last two years. So it can only be good news that the head of the UK’s largest privately-owned property business shows no sign of panic as he holds court [...]
The property boss who can see the light at the end of the tunnel July 5, 2009 The airy offices of Knight Frank chairman Nick Thomlinson are as good a place as any to survey the wreckage of the property market over the last two years. So it can only be good news that the head of the UK’s largest privately-owned property business shows no sign of panic as he holds court [...]
Take a punt on the weather with grains and orange juice August 17, 2009 THE summer months might be a quiet time for most traders, but not all. For those who make their money watching the prices of assets such as wheat, corn and orange juice, this is when the market is at its peak. In many cases, the outlook for the harvest is becoming clearer, and industry analysts [...]
Take a punt on the weather with grains and orange juice August 17, 2009 THE summer months might be a quiet time for most traders, but not all. For those who make their money watching the prices of assets such as wheat, corn and orange juice, this is when the market is at its peak. In many cases, the outlook for the harvest is becoming clearer, and industry analysts [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 7, 2009 FINANCIAL TIMES RECESSION INCREASES SUICIDE AND MURDERUnemployment and recession add to the death toll from suicide, murder and heart attacks but cut the number killed in road accidents, according to the most comprehensive analysis so far of the health effects of economic downturn. Researchers at Oxford University and the London School of Hygiene and Tropical [...]
Fears over Barclays sell-off drag the FTSE 100 down June 2, 2009 THE FTSE 100 ended down 0.7 per cent yesterday, hurt by banks after a major shareholder sold its holding in Barclays, although improving US pending home sales lent some support. The index closed 29.17 points lower at 4,477.02, giving up some of the previous session’s 2 per cent rise. Barclays topped the FTSE 100 losers’ [...]
BGI suitors aim to scupper CVC iShares deal May 17, 2009 FUND management firm Blackrock and Bank of New York Mellon are believed to have tabled bids for Barclays’ BGI unit, valued at around $10bn (£6.6bn). The division is up for sale as part of a “go-shop” clause within an already agreed deal for BGI subsidiary iShares, due to be sold to private equity house CVC [...]
In a bubbly mood July 22, 2009 BAB – short for “bonuses are back” – has replaced “doh” as the word on the City’s streets, following revelations that bankers raked in end-of-year payouts like the credit crunch was all just a bad dream. But whatever the reality for those outside the gilded top offices of the Square Mile and Canary Wharf, there [...]