Hammerson to present revised proposals for Whitgift Centre October 22, 2012 HAMMERSON will this week reveal revised plans for the redevelopment of Croydon’s Whitgift Centre, stepping up its battle with rival Westfield over the highly-contested shopping mall. The developer will return to Croydon council’s strategic planning committee with amended proposals for the tired 1960s mall on Thursday before submitting a planning application in December. Westfield submitted [...]
The changing skyline of Aldgate June 4, 2013 Aldgate is fast becoming a hub for mixed-use developments offering the best in modern living. Naomi Mdudu investigates. The east end isn’t the only area under major regeneration. Aldgate, which lies within the City Fringe, a transitional area between the financial district and east London proper, is quickly becoming a prime residential spot and is [...]
London Report: Diageo’s woes help drag FTSE 100 lower again January 30, 2014 BRITISH blue-chip shares fell for the seventh time in eight days yesterday, led lower by Diageo after the company said weakness in emerging markets was hurting its sales. The FTSE 100 index was down 0.1 per cent, or 5.83 points, at 6,538.45 by the close, nearing its lowest since mid-December. It has suffered in recent [...]
Royal Mail staff on track to take 10pc of shares February 17, 2013 THE COALITION is pushing ahead with plans to hand employees at least 10 per cent of the shares in Royal Mail, with Britain’s biggest privatisation in two decades lined up for this year. Although the government is continuing to explore all options for the state-owned postal service – including the sale of a stake to [...]
Why unpaid internships are a good thing – they help the young get a foot in the door June 24, 2013 MY COMPANY is currently looking for an intern (don’t all apply at once). The reason is simple. We have a job that needs doing that we cannot get our clients to pay us for and, in the current climate, we cannot afford to pay an experienced person to do it. The work we want doing [...]
London Report: FTSE sheds points as taper fears return to haunt investors December 11, 2013 THE UK’S top share index ended slightly lower yesterday with a provisional budget deal in Washington raising concerns of a reduction in US stimulus as early as next week. The agreement, reached late on Tuesday, would end three years of impasse and fiscal instability in Washington that culminated in October with a partial government shutdown. [...]
RBS and Lloyds results look set to show losses February 24, 2013 STATE-BACKED banks Royal Bank of Scotland and Lloyds Banking Group are both expected to announce full-year results this week, with analysts forecasting both lenders will remain loss-making. Investec believes RBS, which will deliver its 2012 figures on Thursday, will announce an attributable loss of £2.2bn for the final quarter – or a £5.6bn loss for [...]
Hammerson outmanoeuvres Westfield in Croydon battle September 18, 2012 REAL estate developer Hammerson yesterday stepped up its battle with rival Westfield over the ownership of Croydon town centre after snapping up a stake in the leasehold of the area’s main shopping centre. The FTSE 100 listed firm said it had acquired a 25 per cent stake in the leasehold of the Whitgift Centre, a [...]
London Report: RBS and Lloyds news leads raft of bank updates October 27, 2013 BANKING and financial results will be in the spotlight this week as the Royal Bank of Scotland, Standard Chartered, Lloyds, Standard Life and Barclays all publish figures. RBS third quarter numbers, to be published on Friday, are the first since Ross McEwan took over from Stephen Hester as chief executive. They are expected to show [...]
Celebrate Chinese new year in real style February 5, 2013 1. HKK HKK is the ultimate destination for Chinese aficionados. The restaurant, which is one of the most recent openings of the Hakkasan group, is already gaining a reputation for offering some of the best Chinese food in the City. Michelin-starred chef Tong Chee Hwee has created an impressive eight- and 15-course banqueting menu that’s [...]