John Lewis submits £500m London planning bid for 800 homes – but questions remain about affordability June 30, 2023 John Lewis is pressing on with its shift away from the high street and into residential property by submitting initial planning applications for new ‘build to rent’ homes in the capital The hard-hit retailer submitted proposals for nearly 800 rental homes on London sites in West Ealing and Bromley, with plans for a site in [...]
Tony Dalwood: Why Gresham House is ditching the London Stock Exchange December 21, 2023 Charlie Conchie interviews the biggest movers and shakers in tech, fintech and financial services. This week, chief executive of Gresham House, Tony Dalwood, explains why he’s leaving the London Stock Exchange. Rugby, says former Saracens fullback Tony Dalwood, can teach you a thing or two about business. “Teamwork, leadership qualities – and you know how [...]
London rents hit ‘record high’ of over £2,000 per month as shrinking supply hits tenants hard October 5, 2023 The cost of renting in London is now 12.1 per cent higher than it was last year, as tenants dish out “record” payments of £2,627 pcm to live in the capital, a new report from Rightmove shows. Over the last year, lodgers in the capital have seen their rents surge to fresh highs because the [...]
Historic London estate agent Chestertons snapped up by French real estate group October 23, 2023 London estate agent Chestertons has been bought by a French real estate and technology group, in the latest sign that deal making in the property sector is heating up. The near 200 year-old estate agent was bought by Emeria, which is owned by Swiss private equity and property group Partners Group. The firm is understood [...]
Our savers and our businesses are losing out from stagnant pension rules in the UK October 23, 2023 Pensions are a vital part of our later lives. As life expectancy increases with improvements in healthcare and lifestyles, our pensions will need to work even harder. Pension funds are also a vital source of investment upon which the businesses of today depend. Over the past twenty years, the UK has suffered a significant decline [...]
Sweet success for Haribo as UK sales hit record high thanks to new products July 2, 2024 The UK arm of gummy confectionery giant Haribo, which also makes Maoam chews, has achieved record sales for the second year in a row as a string of new seasonal product launches continued to tempt consumers.
Former Bank governor Mark Carney: City needs to lead world once again on green finance June 4, 2024 In a speech at a Deloitte event, Carney said the UK has "traditionally led" on international financial developments but warned "it hasn't been leading as much of late. It had other things on its mind."
Mansion House reforms could deliver ‘huge benefit’ to UK, says pensions giant finance chief March 22, 2024 "If the rules and regulations allow us to change that that could be a huge benefit. What we're working on, is how do we actually facilitate and make this happen?"
Hopes of lower interest rates fuels optimism in the construction sector February 6, 2024 The sector has been hit hard by rising interest rates, which have sent a chill through the housing market and depressed new construction projects.
Microsoft’s UK revenue soars on success of cloud storage services April 28, 2024 Microsoft's UK revenue surged to over $8bn as it added 600 new staffers last year, according to new company filings.