London airport expansion: Parties must pledge action now before we fall further behind February 2, 2015 Today, the Airports Commission’s public consultation on the three shortlisted proposals for airports expansion – which include a third runway at Heathrow, extending an existing Heathrow runway, or a second runway at Gatwick – at long last comes to an end. By the time Sir Howard Davies publishes his final recommendations later this year, we [...]
Labour councillors call for Soho nightclub Madame Jojo’s to be re-opened under new management December 4, 2014 Labour councillors have called for legendary nightclub Madame Jojo's to re-opened under new management, after its license was revoked last month following a violent incident. By closing the iconic club Westminster council would "continue the remorseless process of Soho gentrification". Rather, it should be re-opened by a new owner under the same licensing terms. The area, [...]
The University of Law campus in Bloomsbury sold to Schroders funds in £68m deal December 18, 2014 Funds group Schroders has snapped up The University of Law campus in London’s Bloomsbury via two of its property funds for £68m. Schroder Real Estate Investment Trust said yesterday it has bought a 50 per cent stake in the West End site alongside Schroder UK Property Fund, also managed by Schroder Real Estate Investment Management. [...]
Ros Altmann: The savers’ champion talks pension reform, QE, and the pension annuities bombshell March 26, 2015 "I was gobsmacked.” Ros Altmann summarises her reaction to the Budget last year, when the chancellor first outlined his dramatic plans to bring pension freedoms to all. On the afternoon of that Budget day, Altmann, a pensions expert and campaigner, adviser to successive governments, and investment manager and economist, could barely contain her excitement when [...]
Trott double ton sends message to Test selectors January 14, 2015 BATSMAN Jonathan Trott accelerated his claims for an international recall by striking a double century for England Lions as their first unofficial Test against South Africa A at Paarl ended in stalemate yesterday. Trott was at his obstinate best as he amassed an unbeaten 211, batting for almost 11 hours and racking up 17 fours [...]
Heron Tower police raid: The colourful world of Chelsea FC’s forex partner CWM FX March 6, 2015 Only one company in the Heron Tower has alluded to this week’s police raid. We ask who they are… Three days ago police raided offices in the Heron Tower, hauling 13 City workers out of the building and away for questioning. The event has sent shockwaves through the Square Mile; but aside from pub gossip [...]
Street food in the City? Street Kitchen co-founder Mark Jankel on his locally sourced alternative to Pret February 17, 2015 We were professional chefs and we thought it would be good fun to set up a street food kitchen, just to see how it worked. We did it as a bit of a laugh for two weeks, and loved it so much we decided to pursue it as a business. I left an executive job [...]
FedEx stock falls 5pc as it misses profit expectations for quarter December 17, 2014 FEDEX yesterday posted lower-than-expected quarterly earnings as results at its FedEx Ground and FedEx Freight units missed estimates, and it reiterated an outlook analysts consider conservative, sending its stock down nearly five per cent. On a conference call with analysts, FedEx executives said labour problems at West Coast ports this year had left cargo shipments [...]
Mapped: The most unaffordable places to get a mortgage in the UK January 8, 2015 Last year the bar was raised for first-time buyers hoping to get a mortgage, as the Bank of England introduced new rules limiting the amount banks and building societies can lend. For the first time, the amount mortgage customers can borrow has been capped at 4.5 times their income. If you're looking to buy that [...]
Northern line: £1bn TfL Tube extension to Battersea and Nine Elms gets the green light November 13, 2014 The extension of the Northern line to Battersea through Nine Elms was given the green light by the Transport Secretary Patrick McLoughlin yesterday. Under the plans, the line will run from Kennington to Battersea through Nine Elms, meaning journeys to the West End and the City will take just under 15 minutes. Two new stations [...]