How McCarthy & Stone’s new boss plans to turn around the fortunes of Britain’s largest retirement housebuilder January 7, 2019 As the boss of a FTSE 250 housebuilder which has just passed through a year to forget, John Tonkiss is surprisingly upbeat. For the new chief executive of McCarthy & Stone is a man with a plan, and he thinks it will turn around the fortunes of Britain’s biggest provider of retirement homes. It concerns [...]
US stocks tumble as Apple slump and trade war fears trigger market rout January 3, 2019 A fresh wave of paranoia has spread across Wall Street triggered by Apple’s slump and mounting fears of an global economic slowdown. Sentiment worsened as US manufacturing activity slowed to a two-year low after a sharp drop in new orders in December, helping knock more than 550 points off the Dow Jones during an unforgiving [...]
Nirvana sues fashion designer Marc Jacobs for alleged copyright breach over use of smiley face logo January 3, 2019 Nirvana is suing fashion brand Marc Jacobs for an alleged breach of copyright over the use of the band's smiley face logo on its products. Representatives of the late Kurt Cobain's grunge band claim that the fashion house has "infringed Nirvana’s copyright, misleadingly used Nirvana’s common law trademarks, and utilised other elements with which Nirvana is [...]
Amazon HQ2 – “Mr. Bezos, why didn’t you call?” January 2, 2019 Amazon’s HQ2 search went live on 7th September 2017 and it selected the winning cities, New York and Washington, in November 2018. The Global Cities databases that we use to quantify our investments comprise exactly the data that Amazon needed to make its decision. It wasn’t just Mr Bezos’ time that was wasted. When Amazon [...]
Boxing Day footfall set to tumble as Christmas spending levels off December 20, 2018 Footfall is set to plummet on Boxing Day as Christmas trading takes a hit from low consumer confidence and the rise of Black Friday sales. Boxing Day footfall will decline 5.2 per cent year, its largest drop in recent years, according to forecasts from retail data firm Springboard. Footfall on Boxing Day has declined in [...]
For Facebook, Apple, Amazon, Netflix and Google, 2018 was the year when trust in the tech giants evaporated December 20, 2018 The Faangs (Facebook, Amazon, Apple, Netflix, and Google-owner Alphabet) have been the darlings of the stock market for years. These tech giants have helped to change how we shop, communicate, work – even how we watch movies. But as they have grown in size, fears have also grown, especially about what they may do with so [...]
From tech to Trump – here’s what prompted the big market moves of 2018 December 18, 2018 From Brexit to trade wars, nothing has been plain-sailing about 2018. It’s been a year of peaks and troughs across all major markets, so let’s have a look at the big moves of the past 12 months. Tech in turmoil This was the year when the tech giants raced to become the first ever $1 [...]
House sales to continue declining in 2019 as Brexit uncertainty and lack of supply hinder activity December 17, 2018 House sales are to continue stagnating next year amid Brexit uncertainty and lack of supply, according to the Royal Institution of Chartered Surveyors (RICS). In its forecast for the year, the trade body said the UK housing market is unlikely to see much change in 2019, with sales volumes to weaken by around five per [...]
Focus On Bow: A population boom and the commercial success of nearby Stratford is boosting plans for new homes in E3 December 17, 2018 It may seem like a distant memory now, but the London 2012 Olympic Games promised a lot in the way of legacy. It anointed six east London areas – Newham, Tower Hamlets, Waltham Forest, Greenwich, Barking & Dagenham and Hackney – ‘Growth Boroughs’ and predicted that the money pouring into Stratford would emanate out to [...]
New homes: Our pick of the new builds going on sale in London this weekend December 17, 2018 New developments on the market this week Ternary Place, Ealing From £118,500 for 30 per cent of a one bedroom flat (fmv £395,000) Viewings for the last five apartments available to part-buy, part-rent are taking place this Saturday. There are 12 one and two bedroom flats on sale through Shared Ownership a four minute walk [...]