Golf clubs, cash and Russia: Trump makes speech in front of doctored seal July 26, 2019 When President Trump came to the stage before an adoring crowd of young Conservatives he was beaming, oblivious to the presidential seal that was sending him up. Trump was speaking at a summit for Turning Point USA – a young conservative political action group – earlier this week. An introductory video had been shown, one [...]
Number of homes put on market tumbles as survey nears three-year low May 9, 2019 More surveyors reported a drop rather than a rise in new houses being put up for sale last month than in any other poll since June 2016, according to the Royal Institution of Chartered Surveyors (Rics). Read more: London Marathon property prices revealed ahead of this year's race Waning appetite from new buyers and uncertainty [...]
Persimmon and Bellway homes found to have significant fire safety issues May 1, 2019 New-build homes made by housing developers Persimmon and Bellway have been sold with missing or incorrect fire barriers, subjecting residents to potentially dangerous fire safety issues, according to reports. Read more: Grenfell-style combustible cladding ban to cost £337m The lack of barriers, designed to halt the spread of flames, could be behind the spread of [...]
Persimmon and Bellway homes found to have significant fire safety issues May 1, 2019 New-build homes made by housing developers Persimmon and Bellway have been sold with missing or incorrect fire barriers, subjecting residents to potentially dangerous fire safety issues, according to reports. Read more: Grenfell-style combustible cladding ban to cost £337m The lack of barriers, designed to halt the spread of flames, could be behind the spread of [...]
Regent’s Crescent: How John Nash’s iconic Georgian terrace is being reborn September 27, 2019 Walk around London’s west end, your eyes skywards, and you’d be hard pressed not to spot the work of John Nash. The architect to the Prince Regent (later George IV) built countless buildings in central London – from Marble Arch, to Clarence House, to All Souls Church on Langham Place. And then there’s Park Crescent. [...]
Saga profits slump as travel business wanes September 19, 2019 Saga posted a sharp fall in profits during the first half of this year, as challenges in its travel business dragged down the over-50s tourism and insurance giant. Pre-tax profits at the firm tumbled year-on-year by more than 50 per cent from £109.7m to £52.8m. Read more: Lloyd’s of London bosses ‘devastated’ at company misconduct [...]
City Moves for 16 August – Who’s switching jobs at Matterport, the Portman Estate and Eversheds Sutherland? August 16, 2019 Today’s City Moves includes Matterport, the Portman Estate and Eversheds Sutherland. Matterport Matterport, a leader in 3D capture technology and data, has expanded its UK team with five key hires, including Nick Samuels (pictured) as strategic operational director. The growing team will support Matterport’s strategic expansion across Europe. Nick joins from property investment company Property [...]
Revenue falls at Foxtons as tough London housing market takes toll May 20, 2019 Estate agents Foxtons said revenue fell in the first quarter which it blamed on challenging conditions in the London property market. Foxtons, which has its annual meeting today, said sales volumes continued to be at record lows and Brexit uncertainty is impacting on consumer confidence. The company also said chief financial officer Mark Berry is [...]
Tesco Bank quits ‘challenging’ mortgage market May 21, 2019 Tesco Bank has thrown in the towel on mortgages, ceasing all new lending as it attempts to sell of its existing ledger book. Read more: How London house prices in every borough have performed in 2019 Currently the bank has 23,000 mortgage customers who it has lent £3.7bn, a portfolio it is now exploring the [...]
Oxford Street discounts signal a troubling start to the summer for retailers June 25, 2019 The crucial summer selling season is finally upon us, but for retailers on London’s most celebrated high street, all is not well. Big red discounts in shop windows line the parade on Oxford Street, where many of the country’s flagship fashion stores are offering major price reductions in a desperate bid to boost their sales. [...]