London house prices: A £90m Knightsbridge flat is the most expensive home on record August 31, 2017 The £90m purchase of an apartment in Knightsbridge is the most expensive residential property transaction ever recorded by the Land Registry, it turns out. Capital FM owner Ashley Tabor bought the massive four-bedroom penthouse flat at 199 Knightsbridge in April this year, with plans to knock it through into the apartment he owns next door [...]
Wanted: Tory candidate who gets London June 19, 2018 Nominations for the Tories’ London mayoral candidate open this month, reminding us that London elections have been unkind to the Conservatives lately. The 2016 mayoral election, when Labour’s Sadiq Khan defeated Tory Zac Goldsmith 44 to 35 per cent on first preference votes – 57 to 43 with second preferences for other candidates counted – [...]
Brexit: Government plots rainbow tour of EU27 to talk future relationship before Michel Barnier can ‘whip them into line’ June 25, 2018 Theresa May is planning to go direct to key EU27 member states in a bid to get them onside with the UK’s position on the future relationship, City A.M. understands. While the Brexit white paper had been expected before this week’s European Council meeting, one source said the delay was now being viewed as a [...]
New UK housing minister is the third in seven months | City A.M. July 16, 2018 Andy Warhol once said that in the future everyone will be famous for 15 minutes. If Warhol were alive today he might well say the same about your chances of becoming Housing Minister. The past eight years have seen seven Housing Ministers come and go through the doors of Number 2 Marsham Street, many of [...]
Why pockets of retailers are thriving in London July 10, 2018 The obituary of high street retail, according to the press, has been written. Physical stores are closing at a rapid rate. We don’t think this tells the whole story. The daily announcements of retailer bankruptcies points to an ever-decreasing pool of occupiers. However, we argue that the pendulum of pessimism in investment markets often swings [...]
David Davis: There is room for “significant regulatory divergence” after Brexit April 12, 2018 David Davis has said there is room for “significant regulatory divergence” after Brexit because alignment will focus on outcomes rather than processes. Speaking at the WSJ’s CEO Council this morning the Brexit secretary said “there will be able to be significant regulatory divergence” because the deal on our future relationship with the EU will be [...]
Theresa May vows to fight on as Boris Johnson warns “the Brexit dream is dying” July 9, 2018 Embattled Theresa May has vowed to fight off any challenge to her leadership as outgoing foreign secretary Boris Johnson accused her of raising “the white flag” in the UK’s Brexit negotiations. On a day of high drama in Westminster the Prime Minister, already reeling from the resignation of her Brexit secretary David Davis and his [...]
BCC and City of London urge government to come together and deliver on Brexit July 3, 2018 Pressure is building on Theresa May to bring her Cabinet together and sign off the UK's position on Brexit after divisions were laid bare again yesterday. Yesterday three ministers publicly slapped down Jacob Rees-Mogg for threatening to rebel if May did not stick to her existing positions of leaving the Single Market and customs union [...]
Exclusive: City unlikely to get more than “token, minimalist” Brexit deal April 13, 2018 A senior City figure has warned that the UK risks being stuck with a “token, minimalist” deal on financial services as part of the post-Brexit agreement with the EU in October. The source, who is privy to conversations with key players on both sides, told City A.M. that while services are likely to be referenced [...]
Brexit live blog: Prime Minister Theresa May defies rebels, saying she will carry on in ‘national interest’ November 15, 2018 Welcome to City A.M.’s live blog – we’re keeping an eye on the breaking Brexit News today. Refresh the page occasionally for updates. 10:29pm – City A.M.: May’s ‘Not out’ Things have stayed quiet for some time now, and despite the occasional rumble, it looks like we’ll have to wait until tomorrow to hear more. Looking [...]