Capital’s shops enjoy delayed Olympic boost August 12, 2012 TRADING across London’s high streets finally started to pick up in the second week of the Olympics as shoppers were lured back to the city. The British Retail Consortium, which is set to unveil figures this week for the Olympic period said “it was confident that the games delivered a boost to overall retail sales”, [...]
Randgold Resources eyes new opportunities in Cote d’Ivoire October 28, 2013 FTSE 100-listed miner Randgold Resources is “aggressively exploring” further opportunities in Cote d’Ivoire, its chief executive said this weekend. Randgold owns and operates Cote d’Ivoire’s largest gold mine at Tongon, which went into production at the end of 2010 and has already delivered over 600,000 ounces of gold. Mark Bristow told a media briefing in [...]
Three London schemes given the go-ahead January 16, 2013 AUSTRALIAN property giant Lend Lease has won planning consent for a £1.5bn regeneration scheme in London’s Elephant & Castle area. Southwark Council yesterday approved the scheme, which aims to create 2,500 new homes, shops, restaurants and community facilities by 2025. Lend Lease said the development will create over 5,000 new jobs and the largest new [...]
Letters to the editor January 21, 2013 North Africa crisis [Re: Does the crisis in North Africa represent the start of a new wave of global instability, yesterday] Media portrayals of recent events in Mali and Algeria paint a picture of a high-risk continent, blighted by radical jihadists, chronic instability and incompetent governments. But Africa is far larger and more varied than Europe, [...]
Heathrow eyes £3bn boost for infrastructure February 3, 2013 HEATHROW is set to unveil a £3bn expansion plan later this month which will see it invest in terminal facilities, despite continued uncertainty over the future of airport expansion. However, Heathrow is also expected to unveil a substantial hike to the amount it charges airlines to use its facilities, up from the existing £17 per [...]
Going West: London welcomes a new FX brokerage October 13, 2013 Annabel Palmer meets the founders of Monex Capital, who are targeting tech savvy traders DESPITE the Asian Development Bank lowering its growth forecasts for emerging nations in the region earlier this month, European brokers are launching Asian-based subsidiaries in droves (forex and commodities brokerage MIG Bank, for example, opened a Hong Kong arm this year). [...]
Banks already bouncing back from a disastrous year January 1, 2013 LAST year will be remembered as a terrible one for the banking industry. In previous articles I have described the wider impact scandals such as Libor-rigging had on the reputation of the industry as a whole. However, 2013 is a new year and consumer perception could be looking up for the likes of Barclays and [...]
High Speed Two railway to North unveiled today January 27, 2013 THE SECOND phase of the £33bn High Speed Two (HS2) railway will be unveiled by the government this morning, with communities learning whether they will be affected by the twin lines from Birmingham to Leeds and Manchester. However plans for a direct link to Heathrow have been postponed while the government decides on the future [...]
Walkie Talkie tower seals fourth letting January 23, 2013 LAND Securities has bagged itself another tenant for its Walkie Talkie skyscraper in the City, the property giant revealed yesterday in an upbeat trading upbeat. Royal Sun Alliance is to take four floors at 20 Fenchurch Street, meaning thirty-four per cent of the building is now pre-let and a further 18 per cent is under [...]
Top football clubs call time on sugar daddies February 7, 2013 THE DAYS of mega-rich individuals, such as Roman Abramovich at Chelsea and Sheikh Mansour at Manchester City, lavishing billions on clubs in pursuit of instant success are over after England’s top teams agreed historic new financial rules. Premier League clubs will face points deductions if they lose more than £105m over a three-year period or [...]