25% off for 25 years: British Airways Marks its Silver Anniversary at London City Airport with 25% off Flights and the Hospitality Industry Joins to Celebrate
Property market predictions 2017: From Brexit to tenant fee bans, we’ve asked London’s biggest real estate agents to look into their crystal balls December 8, 2016 2017 will see the rise of Build-to-Rent in London Mark Collins, chairman at CBRE Residential Throughout 2017, I hope that SME developers continue to be championed and encouraged by local government, as these housebuilders will play a major role in alleviating the housing crisis. Access to land and financial support as well as flexible planning systems [...]
New Builds: On the market this week, from the Manhattan-inspired towers in Canary Wharf to hipster pads in Hackney December 8, 2016 Manhattan Plaza, Tower Hamlets From £550,000 Enjoy views of Canary Wharf’s rapidly rising skyline from the tower of a new development that’s less than a ten minute walk from all the shopping and nightlife it has to offer. The Canary Wharf and City View Collection, the third phase to go on sale at Manhattan Plaza, [...]
Gotta catch ‘em all: how extreme collectors hunt down the world’s rarest watches December 8, 2016 In a thankfully deserted café near the river in Battersea, my acquaintance extracts an unassuming plastic shopping bag from a rucksack. From inside it, he unfurls 12 wristwatches, laying each one gently on the table; were the sole waitress present paying us any attention, she might think it a rather suspicious scene – even more [...]
Bank shares and stress tests: the value investor’s verdict December 8, 2016 The Bank of England’s latest stress tests of the UK banking system attracted many column inches of space in the newspapers last week. The aim was to calculate whether these institutions would have enough capital to withstand certain grim scenarios. Moving away from some of the inflammatory headlines, it is worth looking in more [...]
Bank shares and stress tests: the value investor’s verdict December 8, 2016 The Bank of England’s latest stress tests of the UK banking system attracted many column inches of space in the newspapers last week. The aim was to calculate whether these institutions would have enough capital to withstand certain grim scenarios. Moving away from some of the inflammatory headlines, it is worth looking in more detail [...]
London’s housing market stagnated in November as the rest of the country recovered December 8, 2016 London house prices have been stagnating as prices across the UK have started to recover, chartered surveyors have said. According to a survey by the Royal Institution of Chartered Surveyors (Rics), the number of prospective buyers in the UK housing market increased in November, leading to a rise in sales. Read more: London Assembly demands Grayling [...]
Tata and unions agree to rescue plan for the Port Talbot steel works December 7, 2016 Tata Steel has forged an agreement with the UK’s largest steel unions to rescue the Port Talbot steelworks and other sites, throwing a lifeline to 11,000 jobs provided that changes can be made to the British Steel Pension Scheme (BSPS). Senior union representatives met Tata Steel executives yesterday to hammer out the deal, which will [...]
Italian senate signs off on 2017 budget, clearing the way for PM Renzi to resign December 7, 2016 Italian Prime Minister Matteo Renzi will hand in his resignation today at 6pm London time, it has been reported, after the country's parliament approved Italy's 2017 budget. Renzi was earlier in the week asked to stay on until after the budget was passed by Italy's president Sergio Mattarella. The 41-year-old Italian premier promised to quit [...]
The London luxury properties that have had their prices slashed by over 30 per cent December 7, 2016 London's high-end homes are in crisis. House prices in prime central London have been falling since 2014, when former chancellor George Osborne slapped higher rates of stamp duty on homes worth over £1m. This year, he introduced a further three per cent hike for people buying second homes. Read more: This is how far house prices have fallen [...]
This is how far house prices in Chelsea have fallen this year December 6, 2016 House prices in Chelsea just keep falling. As George Osborne's stamp duty reforms and the Brexit vote continue to hammer the market, prices on high-end homes in Chelsea fell 13 per cent in the year to November. Read more: House prices are already shooting up along the Elizabeth line The figures from Knight Frank show that [...]