Cameron’s kowtow: Submission is not the route to success in China October 22, 2015 It was 2012 when I was first asked to make a bribe in China, just shy of a year after moving there. On the counsel of a business licence consultant, I was “advised” to offer remuneration to a mid-ranking member of the local Communist Party Neighbourhood Committee for swaying a potential decision in our favour. [...]
House supply shortage lifts prices in June July 8, 2015 HOUSE prices climbed faster than incomes last month as demand outstripped supply. The average stock of houses per housing surveyor has fallen to its lowest since 1978, the Royal Institution of Chartered Surveyors’ (RICS) said today. The decline in homes per survey reflects a lack of supply coming to the market. Surveyors’ price growth expectations [...]
Transport for London given the green light to turn its art deco headquarters into flats June 17, 2015 Transport for London (TfL) has been given the green light by planning officers to turn its Grade I-listed headquarters into flats. Under the new plans, 55 Broadway – once London's tallest office block – will be converted into 89 flats, just under a quarter of which will be classed as affordable housing, plus 1,300 sq [...]
Stirling Prize shortlist announced: Are these really the best buildings in the UK? July 16, 2015 It's that time of year again: the Stirling Prize shortlist has been announced, so brace yourself for weeks of debate about the merits of modern architecture around dinner tables… On the shortlist this year are two university buildings, a school, a cancer support centre and a housing association development – as well as one of [...]
LondonMetric sees profits rise on £21.8m sale November 26, 2014 LONDONMETRIC Property yesterday reported strong first-half earnings growth, driven by a move away from offices and homes and into retail distribution properties. The company also continued its portfolio shuffle, selling the Cairngorm Retail Park in Milton Keynes to Royal London Asset Management for £21.8m, reflecting a net initial yield of 6.10 per cent, and exchanging [...]
Something for the weekend June 11, 2015 DRINK! BROWN’S HOTEL This weekend, slip on your best suit and saunter down to the Donovan Bar at Brown’s Hotel to sample one of London’s best cocktail menus, including the Smoking Mary, a bloody mary with actual bacon and a Haribo fried egg. Call 0207 493 6020 to make a reservation WATCH! BREAKFAST AT TIFFANY’S [...]
Expect even Moore magic from Ryan on Dissolution June 17, 2015 RYAN Moore couldn’t have asked for a better start to the Royal meeting after landing a hat-trick on day one and another two wins yesterday. Tuesday’s ride on Clondaw Warrior was one of the finest you will ever see in the Ascot Stakes. It helps when you have an embarrassment of riches with whom few [...]
Cargiant unveils £5bn plans for Old Oak Common regeneration June 16, 2015 Cargiant unveiled ambitions plans yesterday to turn its 46-acre site at Old Oak Common into a new £5bn district with 9,000 homes, further dashing QPR’s hopes of building a stadium on the land. The car dealership firm and its development partner London & Regional said the site would be renamed Old Oak Park and be [...]
Russian billionaire Yuri Milner promises $100m to search for alien life July 20, 2015 Venture capitalist investor slash Russian billionaire Yuri Milner has got into the race to find alien life, pledging $100m (£64.3) of his own money to help answer the question of whether we are alone in the cosmos. In a philanthropic(ish) effort, the internet entrepreneur announced through a live webcast at The Royal Society in London that [...]
Chancellor George Osborne: The City has made progress… Now for the next 10 years September 6, 2015 Today marks a decade since City A.M. established itself as a leading paper for the City of London. Lots has changed over that time, not least the financial crisis of 2007 and 2008 that cost Britain billions in lost economic output. Back then, the City was seen as part of the problem. But since I [...]