Financial Times to move back to its former City headquarters at Bracken House February 18, 2016 The Financial Times is moving back to its original home in the City after almost 20 years at their current offices on Southwark Bridge. Bracken House at 10 Cannon Street was built in the 1950s and served as the FT’s headquarters and printing works until 1989, when the newspaper group moved across the River Thames to [...]
Neighbourhood drones, virtual reality tours and holograms: Here are five ways we will be buying property by 2025 March 8, 2016 Dashing across town to visit a property for sale after work? According to trend analysts, The Future Laboratory, the days of paying a physical visit will be long gone by 2025 and replaced by virtual reality devices such a holograms instead. The report, commissioned by online estate agent easyProperty, has predicted several ways that buying, selling and redecorating [...]
Debenhams’s share price rises as chief executive Michael Sharp formally resigns – but there’s no sign of a successor just yet April 14, 2016 Debenhams' share price climbed 3.4 per cent this morning as it revealed half-year growth while confirming it is "well advanced" in finding a new chief executive. Michael Sharp today submitted his resignation to the board, Debenhams said. It was originally announced that he planned to step down in October last year, but today's move takes that process [...]
UK steel crisis: Prime Minister David Cameron raises issue with Chinese President Xi Jinping April 2, 2016 Amid the ongoing steel crisis, Prime Minister David Cameron has talked through his concerns with Chinese President Xi Jinping. Downing Street confirmed that during a dinner at the White House, Cameron told Jinping that the two countries needed to work together. It emerged last week that the UK has blocked efforts in the EU to impose [...]
Brewer toasts strong first half ahead of the Rugby World Cup July 7, 2015 BRITISH pub chain Young & Co’s Brewery toasted a strong start to the year at its annual general meeting yesterday. Chairman Nick Bryan reported that trading in the current year “has started well, with managed house sales for the first 13 weeks up 8.3 per cent in total and up 5.6 per cent on a [...]
Area guide: Wembley – house prices have risen by 10 per cent in the last year April 14, 2016 It may be the home of football, but Wembley’s also home to around 115,000 Londoners. And with its diverse housing stock and decent transport links, it could be your new home, too. Research from estate agent Hamptons International recorded a “surge” in transactions in Wembley last year, as hundreds of new build flats went on [...]
Demand for homes in London is falling as prices keep rocketing – except in these two boroughs April 6, 2016 It looks like rocketing house prices are having a demotivating effect on London home buyers, after new figures suggested demand for homes has fallen across many of the capital's most exclusive boroughs. The figures, by online estate agent Emoov, found demand for homes in Southwark fell 50 per cent between the final quarter of last year [...]
“We were the first ever agents to sell a building through Twitter” – Meet the social media moguls dragging commercial property sales into the 21st century April 29, 2016 While residential estate agents have been dragged into the internet age, their commercial counterparts have – mostly – continued to resist such a move. There’s no Rightmove for office blocks, or warehouses. And it was this inherent conservatism that seemed to offer a great opportunity when three young surveyors decided to set up shop in [...]
Byron avoids a grilling, serves up healthy profits for its “proper hamburgers” in 2015 March 30, 2016 Still pursuing its goal to turn the UK into a nation of "proper hamburger" lovers, Byron saw healthy growth in sales and expanded into eight new venues (mostly outside of London) in 2015. The figures Profit after tax at the posh burger chain remained flat at £4.4m, while turnover jumped by 25 per cent from £55.2m to [...]
UK house prices: Asking prices reach record highs due to first-time seller surge, according to Rightmove April 2016 house price index April 18, 2016 If you had been hoping the property market would become easier to enter this month, you might still have to wait a while… UK house prices continued to rise throughout March, according to Rightmove, and the average asking price has reached a new record high of £307,033. This was a rise of 1.3 per cent, or £3,843, compared [...]