Why consider investing in Asia now? Seven charts that tell the story December 15, 2017 Asian stock markets (Asia Pacific, excluding Japan) have seen a decent recovery in the past 18 months. After such periods, there is a natural tendency to assume there will be a pause for breath. This is when equity valuations can be helpful. When money has been invested when valuations were low, it has, historically, resulted [...]
Swedish design creatives in Malmo and the surrounding Skane region are challenging Stockholm for the crown October 2, 2017 For ancient history buffs, it’s Rome or Stonehenge; for foodies, it’s Le Marais or Tuscany; for design nerds, home is Sweden. There’s something about its laidback charm, its rustic, uncluttered décor that’s universally appealing. But there’s a feeling that its capital, Stockholm, has lost a little of its moxie. Sky-high property prices and an ultra [...]
Sadiq Khan is pushing for an Autumn Statement announcement on London devolution September 28, 2016 London mayor Sadiq Khan is pushing the Treasury to announce fresh devolution of powers to London within weeks. Speaking exclusively to City A.M., Khan said he had recently met with Philip Hammond, and was optimistic the chancellor would make an announcement in the Autumn Statement. Khan also expressed fears that any reform to migration might [...]
Top law firms feel the heat as clients are delaying payment by an average of 130 days, says a study from Edward Drummond July 11, 2017 Top UK law firms are having to wait an average of 130 days to get paid by clients for their work, a new study has revealed. The data, collated by executive search and market research firm Edward Drummond, shows that this payment period for the 100 highest-ranked firms was 19 per cent longer than the [...]
Editor’s notes: Still in shock over Brexit? Get a grip November 25, 2016 Some corners of our national life are finding it harder to adapt to the new post-referendum reality than others. Earlier this week I joined the cream of the British commentariat at the annual Comment Awards, celebrating the best columns and comment pieces of 2016. As you know, we have a stable of excellent columnists here [...]
Has Labour under Jeremy Corbyn become completely irrelevant? September 28, 2016 Alex Deane, managing director at FTI Consulting and common councilman in the City of London Corporation, says Yes. While I’m a Tory, there’s no schadenfreude for me in answering “yes” to this. Our country needs a strong opposition; while Jeremy Corbyn continues to lead Labour, we do not have it. Legislation which should be challenged goes [...]
What Brexit, the General Election and foreign demand means for London’s commercial property market June 5, 2017 Martin Samworth practically lives on a plane. As the chief executive for Europe, Middle East and Africa (EMEA) for one of the world’s largest property consultancies CBRE, he’s a busy man. In the last few weeks, he has travelled to Madrid, Colorado, Dusseldorf, Tel Aviv, Frankfurt, Lisbon, and New York. The property veteran, who joined [...]
Frankfurt has opened its doors to Britain’s businesses following Brexit, and some firms look ready to take up the offer October 17, 2016 Germany's financial sector today revealed it has opened its doors to British bankers displaced by Brexit, and some businesses looked ready to take up the offer. The comments come as a number of key government figures are suggesting they might opt for a so-called hard Brexit, which could see London's financial centre left without access to [...]
The Labour party has won an unprecedented five seats in City of London common council elections March 24, 2017 Labour has won an unprecedented five seats in the City of London’s local elections which take place every four years and usually return only independent candidates. Some 7,400 residents as well as 400,000 people who work in the Square Mile were given a vote in the common council elections, which closed at 8pm last night. [...]
Decision on City’s tallest skyscraper One Undershaft pushed back until Autumn July 19, 2016 A decision on giving the go-ahead for what would become the square mile's tallest skyscraper was delayed this afternoon. One Undershaft – nicknamed the Trellis – is pitted to soar more than 300m just next to the Cheesegrater, but its construction has been put on hold for a few more months as the final kinks in the planning [...]