Focus on: Belgravia September 27, 2012 Belgravia is at the heart of central London. Located in the City of Westminster and the Royal borough of Kensington and Chelsea, Belgravia has become one of the most coveted addresses in London. Situated close to Knightsbridge and Chelsea, with the best upmarket boutiques, restaurants and schools on its doorstep, Belgravia has everything to offer [...]
Ex-Asda chief joins food group Bigham’s September 23, 2012 ALLAN Leighton, the former boss of Asda and the Royal Mail, has joined the board of Charlie Bigham’s, the upmarket ready meal maker, as a non-executive director. The London-based food group, which employs over 200 staff and turns over around £24m a year, said it hopes bringing Leighton on board will help it reach its [...]
Who’s switching jobs November 8, 2012 Houlihan Lokey Sascha Kroissenbrunner has been appointed director in the investment bank’s industrials group. He joins from UniCredit Group in Vienna, where he was managing director and head of the general industrials group for central and eastern Europe. He has also held senior positions at the Royal Bank of Scotland in London and Frankfurt. State [...]
Sports and the City October 28, 2012 THE Square Mile is positively basking in sporting glory these days. For a start, five giant rugby balls, one to represent each competing nation, were planted in Lime Street to mark the launch of the QBE Internationals taking place in November. In further sporting City news, Devonshire Square was turfed over on Friday, ahead of [...]
Sports and the City October 28, 2012 THE Square Mile is positively basking in sporting glory these days. For a start, five giant rugby balls, one to represent each competing nation, were planted in Lime Street to mark the launch of the QBE Internationals taking place in November. In further sporting City news, Devonshire Square was turfed over on Friday, ahead of [...]
Surveyors say commercial rents will slip further in third quarter October 11, 2012 A LACK of demand in commercial property will bring rents further down, according to survey data released by the Royal Institution of Chartered Surveyors (RICS) today. Eleven percentage points more of those surveyed expected rents to fall over the next quarter, than thought rents would rise – but this was the most optimistic result since the second quarter last [...]
London Report: FTSE dips after HSBC’s profits miss forecasts August 5, 2013 BRITAIN’S benchmark equity index fell yesterday, pulled down by HSBC after the heavyweight bank’s interim profits missed forecasts, giving HSBC shares their worst day in well over a year. The blue-chip FTSE 100 index closed down 0.4 per cent, or 28.29 points, at 6,619.58 points. The decline marked its second consecutive fall after a four-day [...]
The men who would be kings of the club scene December 4, 2012 During its short life, Public, Guy Pelly’s London nightspot, met with both triumph and disaster. Soon after it opened in December 2010 it had garnered a reputation as a firm favourite of his pals, Princes William and Harry. And, as one might have expected, it wasn’t long before the youthful, moneyed denizens of the Royal [...]
What the other papers say this morning November 22, 2012 FINANCIAL TIMES State Street in pension fee probe UK regulators are investigating allegations that State Street overcharged Ireland’s state pension fund and several big UK corporate pension funds, including those of the Royal Mail and J Sainsbury, billing them for fees not included in their contracts, according to people familiar with the matter. Ireland’s national [...]
What the other papers say this morning October 29, 2012 FINANCIAL TIMES Lloyds to axe sales incentives Lloyds Banking Group has launched a scheme that scraps all incentives linked to product sales in the latest attempt to clean up bad practices that have been blamed for causing misselling scandals. Chinese banks flee London’s rules China’s largest state-owned banks are moving big chunks of their European [...]