London Report: Fall in financials brings London’s market down July 28, 2014 THE FTSE 100 yesterday ended down after weak US housing data discouraged investors in America and Europe during a data-light European day. The blue chip index lost 0.1 per cent to close at 6,788.07. Earlier in the day it had traded as high as 6,809.61, but moved lower together with other markets after pending home [...]
Work in Progress: Living in a postcard at One Tower Bridge July 11, 2014 While many new homes boast of their panoramic views across London, none are quite as iconic as the sight from One Tower Bridge. This landmark development from Berkeley is being built right next to one of the world’s most famous river crossings. It’s a mixed use site so, if you’re not planning on living [...]
FTSE 100 slides despite BG rise on Shell deal – London Report April 8, 2015 OIL AND gas stocks dominated trade in a falling UK stock market yesterday, driven by a £47bn bid by Royal Dutch Shell for energy firm BG Group. Shares in BG jumped 26.6 per cent to hit their highest level since September when the stock was tracking a falling oil price. The two listings for Royal [...]
London Report: Argentina, US and Russia fears weigh on FTSE July 30, 2014 FEARS yesterday over Russian sanctions and an Argentinian default, as well as concerns that good GDP figures from the US might push up interest rates brought the FTSE lower. London’s blue chip index ended the day on 6773.44 points, 0.5 per cent, or 34.31 points, lower. Among the gainers, Barclays jumped 4.2 per cent to [...]
Mukhmal the value to upset O’Brien hotpot The Great War June 18, 2014 PUNTERS have had the best of the early battle with the bookmakers and those attending Ladies Day today will be hoping to get off to a flyer in the Norfolk Stakes (2.30pm). The banker for many will be Aidan O’Brien’s The Great War, who was the ante-post favourite for the Coventry Stakes before surprisingly being [...]
Housing boom shows signs of slowing down July 9, 2014 BRITAIN’S house price boom slowed down in June, according to figures published yesterday – but strong demand is expected to keep prices rising steadily. Prices jumped 8.8 per cent across the country in the 12 months to June, Halifax said, to an average of £183,462. However, in June alone prices slid 0.6 per cent, reflecting [...]
UK house price upswing out of Bank’s hands June 11, 2014 BEN BROADBENT stressed the Bank of England’s limited ability to control house price inflation yesterday, as researchers warned that even buy-to let landlords were being priced out of London’s frothy property market. “It is not monetary policy or macroprudential policy to target asset prices… What really matters for financial stability is the amount and riskiness [...]
City Moves for 26 June 2014 | Who’s switching jobs June 25, 2014 JLL The professional services and investment firm, specialising in real estate, has appointed Michael Davis to lead a business unit focused on London’s emerging markets. He joins from Cushman and Wakefield, and has particular experience in the TMT, leisure and creative sectors. Sanlam Securities The corporate finance and broking arm of Sanlam Private Investments has [...]
City Matters: Business and innovation thrive when they’re underpinned by diverse talents June 23, 2014 IF LONDON and the UK are to remain at the cutting edge, it is vital that students today acquire the skills needed to meet the challenges of tomorrow. In a fast-moving globalised world, that increasingly means adapting to the realities of the digital revolution. Over recent decades, technology has transformed how industries ranging from financial [...]
Time for Murray to step up, says McEnroe, as Mauresmo partnership faces test at US Open August 20, 2014 FORMER world No1 John McEnroe believes next week’s US Open will provide a telling indication of the progress Britain’s Andy Murray has made under new coach Amelie Mauresmo. Murray has not reached a final in 16 tournaments since winning Wimbledon last year, during which time he has had surgery on a back injury and, in [...]