Pictures: The Mayfair mansion that’s yours for just £65,000 a month February 19, 2014 Fancy living in a mansion in Mayfair but don’t want to commit? You could rent Audley House, one of the most expensive properties ever to be released on to the London lettings market at £65,000 per month. The property, a Grade-II listed Georgian mansion in Mayfair comes fully furnished and ready to move into [...]
Three tech firms surge to $260bn on grey market March 24, 2014 THREE upcoming initial public offerings (IPOs) from tech firms King Digital Entertainment, Alibaba and Just Eat are all set to beat analyst expectations with a combined valuation of over $260bn (£158bn), according to IG’s IPO grey market. King, the British games giant and creator of Candy Crush Saga, has already hit a valuation of $8.7bn, [...]
Fears over Greek election and oil prices hit FTSE – London Report January 5, 2015 AFALL in major energy stocks and worries over the political outlook in Greece knocked down Britain’s top equity index yesterday. The blue-chip FTSE 100 closed down two per cent at 6,417.16 points. The index also retreated 0.3 per cent on Friday, after falling 2.7 per cent in 2014. Weaker energy stocks, including BP and Royal [...]
Cowes Week Diary : Thompson defies the weather to win bumper cheque for charity August 5, 2013 Though sailing is a water sport and we’re used to getting wet, somehow when it comes from the sky it’s just not right and it’s especially unpleasant when combined with light winds for racing. So it was unfortunate to see so much rain fall and only a light breeze on day three. The winners continued [...]
What your business card says about you July 29, 2014 A man pats his slicked back hair as he slides his business card across the table to his colleagues. It’s off-white and the words “Patrick Bateman, Vice President” are embossed on it in a finely etched black font. “Picked ‘em up from the printers yesterday. That’s bone. And the lettering is something called Silian Grail,” [...]
Inside Track: In Barclays we trust: Retail investors rely on bank for new issues March 20, 2014 @hellierd There’s a page on the Barclays website that directs customers to the joys of investing in new issues and flotations. It is headlined: “Access investments before they become available on the market.” The trouble is that unless Barclays itself is working on one of the current crop of share issues, it is highly likely [...]
British watch brand firing on all cylinders February 6, 2014 Recent visitors to the Square Mile’s super-exclusive Royal Exchange shopping mall will have noticed a new next-door neighbour to Watchfinder’s pre-owned WF&Co boutique, its window populated by an ejector seat and a model of Louis Blériot’s Channel-hopping XI of 1909. But rather than selling Airfix kits, this is the second London boutique for Bremont – [...]
What the other papers say this morning – 17 March 2014 March 17, 2014 FINANCIAL TIMES Big banks put forex bonuses on hold Barclays, Citigroup and Royal Bank of Scotland have frozen bonuses across swaths of their foreign exchange trading teams pending internal investigations into possible manipulation of key currency benchmarks. The cash and share bonus suspensions are targeted on the wider team rather than just the traders under [...]
Inside Track: Essar deal could hurt JP Morgan February 26, 2014 IN the ultra-polite language of the City, even the biggest failures among departing bosses often leave with good wishes and gratitude for their contribution ringing in their ears. So when blue-chip fund managers dispense with pleasantries and bandy words such as “cynical” around, it’s clear that somebody is seriously unhappy. Having bought Essar Energy shares [...]
Vodafone and Sainsbury push FTSE 100 slightly up – London Report November 11, 2014 The FTSE 100 yesterday advanced to its highest level in more than a month, as a rise in mobile operator Vodafone and supermarket retailer Sainsbury offset a slump in energy stocks. The blue chip index closed up by 0.2 per cent, or 16.15 points, at 6,627.40 points – its best closing level since late September. [...]