Recreating the glamour of a desirable postcode April 24, 2014 New homes in Kensington and Chelsea hope to woo buyers looking for English courtyards and grand staircases THE ROYAL borough of Kensington and Chelsea is known the world over for its class and finesse. Even its pensioners are renowned for their grand, military attire. A new development of apartments and penthouses at 375 Kensington High [...]
Inside Track: TSB and Saga lead the way in a retail investor return May 1, 2014 SO AT last there’s some cheer for the retail investor, whose presence in the new issues market has recently been all but forgotten by those in charge of floating companies on the London market. Much of the euphoria surrounding the retail stampede for shares in Royal Mail, which was supposed to herald a new beginning [...]
Surveyors call for major reform to stamp duty and Help to Buy March 6, 2014 THE ROYAL Institution of Chartered Surveyors (RICS) is pushing for sweeping reforms to UK housing policy in the upcoming budget, to limit market distortions. The group reveals its suggestions to the Treasury today, stressing the need to change stamp duty so less of a burden falls on homes worth just over £250,000, when the tax rises from [...]
Tumbling oil price eats into FTSE 100’s morning increase – London Report January 12, 2015 FALLS on Wall Street dragged back the FTSE 100’s early gains yesterday, as heavily weighted oil and energy companies dropped there as well as in Europe. The premier index was little changed at 6,501.42, up just 0.28 points. By comparison, Germany’s Dax and France’s Cac, which have less exposure to oil producers, were up over [...]
City Moves for 14 April 2014 | Who’s switching jobs April 14, 2014 Bishopsgate Financial The financial sector consultancy has announced the appointment of Adam Crawford as a director. He left the Royal Marines in 2012, and has since worked at Oppenheimer and as a freelance consultant for Saab Group. Close Brothers Asset Management The asset management company has hired Amy Lazenby as an investor director and lead [...]
Royal Mail rival DX to float February 13, 2014 Deja vu. We've got another delivery company initial public offering on its way, by the looks of things. Delivery company DX announced its intention to float on the Aim this morning. The London float would see the nearly 40 year old company valued at considerably less than its once nationalised peer, but willing to put [...]
Housing market cools down yet prices stay high March 12, 2014 THE FEVER in the UK housing market appears to have eased last month, according to a widely-regarded survey published this morning. The number of new buyer enquiries in February rose at the slowest rate since March last year, the Royal Institution of Chartered Surveyors (RICS) found. Yet supply remains extremely tight in the market, with new instructions to [...]
Behind the deal March 3, 2014 INVESTEC | DAVID FLIN 1 He started his broking career with Dresdner Kleinwort in 2000, working in the mid-market with a host of listed companies. He joined Investec in 2009. 2 Flin, who has a bachelor of science degree in economics from University College London, is an avid Tottenham Hotspur fan. When Spurs aren’t playing, [...]
Viewpoint: The retail investor should not be ignored March 17, 2014 HOW CAN any company which relies on the custom of the public ignore them when it floats on the market? Certainly it seems wrong to deny your customers a chance to share in your company’s fortunes. The current resurgence of initial public offerings in the London market is certainly welcome. But it isn’t good news [...]
FTSE comes off recent gains as oil stocks hit – London Report February 4, 2015 THE FTSE 100 retreated from five-month highs yesterday as oil stocks slipped, while investment company Hargreaves Lansdown fell after its interim profits declined. The premier index closed down by 0.2 per cent at 6,860.02 points, after reaching its highest level since September on Tuesday. Hargreaves fell 7.6 per cent, the worst-performing FTSE 100 stock in [...]