Topshop and Rihanna return to the courts over T-shirt row November 19, 2014 Topshop may count Kate Moss and Beyonce among its friends, but as one legal battle returns to court it's unlikely to find love with Rihanna. Sir Philip Green's high street giant is challenging Rihanna in London's Court of Appeal, following a ruling last year in which Topshop was ordered to pay damages for using an [...]
Daylight Saving Time 2015: A short look at when clocks go back and forward around the world March 27, 2015 The clocks are finally going forward on Sunday, and while this means sleep fans will lose an extra hour's kip, it also means summer is (technically) here. In the northern hemisphere – home to the United States, Europe and Asia – most countries (but not all of them) tend to observe daylight saving time between March [...]
Impellam buys firm for £44m November 4, 2014 RECRUITER Impellam, the current owner of ex-FTSE 100 constituent Blue Arrow, yesterday snapped up staff agency Lorien in a £43.8m deal. Stock market listed Impellam, led by chief executive Julia Robertson, will buy the business using a mixture of cash and shares. Lorien, which specialises in tech recruitment, has offices in London and recruits workers [...]
In charts: UK house price growth slows but first-time buyers still feel the pinch December 16, 2014 First-time buyers are paying 12 per cent more this year than at the same point last year, according to data from the Office for National Statistics (ONS). The ONS revealed house prices were flirting with stagnation in October, when they increased just 0.1 per cent on a month-on-month basis. After yesterday’s data from Rightmove showed [...]
Londoners deserve better than Boris’s Wormwood Scrubs mini-Manhattan December 16, 2014 LONDON’s greatest strength is its ability to constantly regenerate. But amid unprecedented levels of development, we must be wary of leaving local communities behind. Seeing Boris Johnson’s name attached to a project immediately sets alarm bells ringing. The fantasy airport, the over-budget buses, the loss of strategic sites like Earl’s Court and Mount Pleasant. His [...]
Property firms’ ads suffer from the Patrick Bateman complex January 8, 2015 You’d think, having seen the reaction to Redrow’s American Psycho-style advert earlier this week, that Berkeley Group might have watched its new ad for One Blackfriars a few more times and thought about whether it would suffer a similar fate. But they didn’t. And it did. Redrow’s ad stars an arrogant (and creepy) City-boy type, [...]
FTSE 100 falls after interest rates are left on hold – London Report November 6, 2015 The Bank of England’s (BoE) decision to keep interest rates at record lows for the 80th month wasn’t able to prevent the FTSE closing down last night, finishing with a loss of 0.8 per cent at 6,364.9 points. The FTSE had been trading in negative territory throughout the morning ahead the BoE’s announcement but rallied [...]
The Riverlight development in Battersea’s Nine Elms is welcoming residents November 13, 2014 Visitors to Riverlight, a new housing development on the south bank of the Thames, are confronted by a rather extraordinary, large artwork in the lobby. It layers towering elm trees, cranes from the docks, industrial waste and six, serrated glass towers lining the river bank. “History in the Making” by Royal College of Art [...]
London property prices: Slowing demand in the capital drives national market dip but it’s “temporary” November 13, 2014 A fall in demand for houses from new buyers in London is leading a dip in the national housing market as house price growth remains sluggish. Demand fell for the fourth consecutive month in October, according to the Royal Institute of Chartered Surveyors (Rics) but the number of houses coming on to the market remained [...]
New York and fuel trim FTSE – London Report October 2, 2015 UK SHARES outperformed their European counterparts yesterday as mining and oil and gas companies rose, although weakness on Wall Street trimmed the gains. The blue-chip FTSE 100 index closed just 10.86 points higher, up 0.2 per cent at 6,072.47 points, having been up by more than one per cent for most of the session. Mining [...]