Exclusive: Firebrand MP Frank Field hopes to lock horns with Sir Philip Green over Arcadia sale February 19, 2018 One of Westminster’s most dogged MPs is hoping to lock horns once again with retail tycoon Sir Philip Green following reports that the former BHS owner is looking to sell his retail empire to a Chinese textiles conglomerate. City A.M. understands Frank Field, the Labour MP who spearheaded the parliamentary investigation into Green’s doomed sale [...]
Where next for markets as Europe moves from recovery to expansion? February 16, 2018 Market volatility rose at the start of February against a backdrop of strong economic data, causing many investors to question whether the bull-run for the stock market was over. Can Europe’s economic momentum continue and how will tighter monetary policy affects investments? At the 2018 Schroders Investment Conference investment experts discussed the economic outlook for [...]
Property of the Week: The Beatles’ Mayfair mansion on Charles Street is on sale with a mews house thrown in February 16, 2018 Forget Penny Lane and suburban skies, Mayfair was the hang out of choice for the Fab Four during the height of their fame. Charles Street, in particular, as this house was owned by the Beatles’ music company, Apple Corps, in the late 60s. Charles Street, Mayfair, £9m (Click or tap on the images to see [...]
Focus On Chalk Farm: property prices, best streets and house price growth February 16, 2018 Clustered in among some of London’s most popular neighbourhoods, Chalk Farm is a sort of dividing line between the tourists and the nightlife of Camden, and the exclusive neighbourhoods of Primrose Hill and Belsize Park. As such, it’s moments away from both – with 24 hour transport links now the Northern line has joined the [...]
Shenzhen, San Jose, Tel Aviv: global cities to watch in 2018 February 12, 2018 As investors in global cities we compile a biannual index using a number of factors to identify the most economically vibrant cities. With the publication of the latest version of the index, we’ve also taken the opportunity to highlight those cities that we believe have the greatest potential to move up the rankings in 2018. [...]
Painter Dante Gabriel Rossetti’s Blue Plaque birthplace apartment in Fitzrovia February 9, 2018 Historic properties awarded with a Blue Plaque are unusual on the private sale market, but they’re positively rare on the lettings market. Hallam Street, Fitzrovia, £715pw Perfect for those looking for temporary inspiration and accommodation, this spot on Hallam Street in Fitzrovia is the birthplace of celebrated poet, illustrator, painter and translator Dante Gabriel Rossetti, [...]
London house prices set to fall again this year as buyers struggle to save for a deposit February 8, 2018 London house prices look set to fall again this year as would-be homeowners struggle to save for a deposit. Chartered surveys expect house prices to fall in London over the next 12 months, according to a survey released this morning by the Royal Institution of Chartered Surveyors (Rics). Last year, Nationwide recorded a 0.5 per [...]
UK healthcare companies are set for consolidation as private equity interest is piqued February 6, 2018 Mid-sized healthcare companies in the UK are enjoying their moment in the spotlight, according to new research, as private equity firms are jumping on them as defensive investments which can help them get cash out of the door. Mid-market private equity funds have shown increasing interest in such companies over the past year, according to [...]
Michelle Mone’s latest bitcoin gambit is EQUI, a venture capital firm to back tech startups with its own cryptocurrency initial coin offering (ICO) February 6, 2018 Fresh from offering luxury apartments in Dubai to buyers with bitcoin, bra tycoon and baroness Michelle Mone is delving deeper into cryptocurrency. Along with boyfriend and businessman Doug Barrowman, the pair are launching a venture capital firm supported by the launch of their own cryptocurrency via what’s known as an initial coin offering (ICO), or [...]
Sadiq Khan campaign: FTSE-listed housebuilders pledge to reserve London homes for UK-based buyers February 5, 2018 Some of the UK’s biggest housebuilders have pledged to restrict the sale of London homes to UK-based buyers following a campaign by Sadiq Khan. Taylor Wimpey, Barratt London, Berkeley Homes, Redrow and others have offered to restrict sales of homes worth up to £350,000 to UK-based buyers for three months before embarking on any overseas [...]