Where the scenery is matched by the history Into the heart of Spain’s most captivating region May 2, 2011 YOU don’t have to head far out of Malaga airport to see the pernicious influence of British tourism on the Spanish coastal landscape, where the piled-up encrustations of holiday homes, apartment blocks and bargain hotels cling to the coastline like guano on a cliff face. Head past Marbella and turn inland, however, and it’s a [...]
Desert dreaming: a second home in the sun March 31, 2011 BUSTLING markets, scorching heat, exotic dress and fantastic food. It is hard to believe that the almost otherworldliness of Marrakesh is just three and 35 minutes away from London. Charl Ackerman, a London-based property developer with Aylesford International, uses his home in Marrakesh like many do their country home: “I often fly out on weekends. [...]
Caution ahead of US results pulls FTSE 100 to a flat close April 11, 2011 BRITAIN’S top share index closed flat yesterday, with caution from traders wary of turbulence during the US earnings season offset by strength in the banking sector following the ICB report on the future shape of UK banking. The FTSE 100 closed down 2.31 points, or 0.04 per cent, at 6,053.44 after trading in positive territory [...]
Why jet-setting employees are a legal headache March 29, 2011 SUPPOSE an employee – let’s call her Snow White – works in Paris but lives in London. How much “home” or “train” work does White need to do to be covered by English laws? In the recent case of British Airways v Mak, the Court of Appeal decided that English tribunals have jurisdiction to hear [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 5, 2010 FINANCIAL TIMES NEW HOLE IN CONNAUGHT DEBT The scale of debt at Connaught, the collapsed property services group, will be greater than previously thought after administrators found 50,000 invoices that the company had not accounted for. Management accounts had led administrators from KPMG to believe that the social housing maintenance arm of Connaught owed £46m [...]
Jimmy Choo hires advisers for £500m bid March 13, 2011 THE FOUNDER of the Jimmy Choo fashion brand has hired bankers to advise him on buying back the company he set up. Jimmy Choo, the Malaysian-born shoemaker who founded the eponymous brand with Tamara Mellon in 1996, could lodge a £500m bid for the company. He has appointed Daniel Stewart to advise on his options [...]
UN approves air strikes on Libya March 17, 2011 BRITISH and international forces were preparing to launch air strikes in Libya last night after the United Nations passed an eleventh-hour resolution to intervene in the crisis. Prime Minister David Cameron is to hold an emergency cabinet meeting today after the 15-member UN Security Council dramatically gave the green light to a no-fly zone and [...]
UBS signs Broadgate deal August 1, 2010 UBS HAS ended months of negotiations by signing off on a deal with property group British Land and private equity firm Blackstone to construct a towering new building to house its investment bankers on the Broadgate Estate. The deal comes after the parties said in May that they had agreed in principle to knock down [...]
UBS signs Broadgate deal August 1, 2010 UBS HAS ended months of negotiations by signing off on a deal with property group British Land and private equity firm Blackstone to construct a towering new building to house its investment bankers on the Broadgate Estate. The deal comes after the parties said in May that they had agreed in principle to knock down [...]
Bullish brokers boost banks as energy and mining stocks sag March 28, 2011 BULLISH broker comment helped push the banking sector higher yesterday, as Britain’s top share index neared key technical resistance levels after its recent rally, with commodity stocks weighing on the upside. The FTSE 100 closed 3.73 points, or 0.1 per cent, higher at 5,904.49, near its 50-day moving average of 5,933.83. The index has traded [...]