FTSE 100 CEOs: These are the men (and a few women) who run Britain’s biggest companies March 20, 2015 FTSE 100 Who runs Britain’s biggest companies What’s in a name? Well, quite a lot if you want to become the head honcho at one of the UK’s biggest companies. City A.M. research shows that the vast majority of the FTSE 100 are run by men with rather Biblical names. David comes out as the [...]
Bangalore: India’s most livable city and the fast-track to its vibrant tech-filled future May 17, 2015 If Old Delhi is the crumbling emblem of India’s imperial past and Mumbai is the pounding heart of its contemporary popular culture, Bengaluru (anglicised as Bangalore) and Chennai are the country’s fast track to the future. The former, and less often the latter, are nicknamed the Silicon Valley of India on account of their thriving [...]
FTSE rallies on expectations of a US rate rise – London Report December 17, 2015 RISES in Dixons Carphone and Pearson pulled the markets up for a second session in a row, ahead of a 25 basis point rise in US interest rates. The blue-chip FTSE 100 index was up 43.40 points, or 0.7 per cent at 6,061.19 points by the close, outperforming the broader European market. The gains were [...]
The most expensive homes in the world: Where are they and who owns them? London tops the chart December 29, 2014 London’s Buckingham Palace is more than just the home of Britain's queen – it’s also the most expensive home in the world, with a price tag of $1.55bn (although it’s not for sale). But this isn’t the only home with an exceptionally high value – across the world, billionaires have either been buying up the properties [...]
FTSE falls back but airlines soar after Osborne’s tax cut – London Report December 3, 2014 LONDON’S top share index edged down from a one-week high yesterday, with moves in stocks exposed to measures announced in the Autumn Statement dominating in an otherwise quiet session. The blue chip FTSE 100 index closed down 0.4 per cent at 6,716.63 points. Large-cap airlines easyJet, up 2.46 per cent at 1,668p, and British Airways [...]
Remembrance Sunday 2014: Tower of London poppies extended as London commemorates WWI centenary November 10, 2014 The display of poppies at the Tower of London has been partially extended after the stunning memorial attracted millions of visitors. Part of the display of more than 800,000 ceramic poppies will remain in place until the end of November, said Prime Minister David Cameron. The Wave and Weeping Willow segments, which includes the display [...]
Architects of the future: How young designers are taking on space constraints, the cost of living and technology April 30, 2015 As property prices continue to rise and land available for development dwindles, architects and designers are tasked with devising ways to recommission and re-purpose spaces to make them suitable for modern life. Five architects and designers under 40 explain how they are taking inspiration from these challenges, and how they see their industry changing in [...]
In the FinTech family: How crowdfunding is propelling peer-to-peer platform Assetz Capital forward April 8, 2015 Back in 2010, it became clear to the co-founders of Assetz Capital that the banking system was broken. So we set out to make a difference – not just to help restart business lending, but to make a long-lasting change for the better. The desire to develop a platform where businesses could access much-needed funds, [...]
RBS shortlists international groups for Queen’s bank sale January 14, 2015 J SAFRA Sarasin and a consortium comprising Singapore’s DBS Group Holdings are among banks shortlisted for the second round sale process of Coutts International, people familiar with the matter said yesterday. The sale of the private bank of Royal Bank of Scotland has attracted about 10 suitors in the initial round, and could fetch about [...]
Banks come to fore as sector to report results – London Report October 25, 2015 BANKING results season is upon us, with three of the big four reporting this week. And on the economic front, third-quarter GDP figures are expected to show that the economy is slowing down due to weaker construction and manufacturing output. Corporates Royal Dutch Shell and BG Group also report in with updates, as does sector [...]