Dragon boats and running a firm: What business can learn from this unusual sport May 13, 2016 A dragon boat team has to work in the same direction. If the paddles don’t hit the water at the same time, they knock each other, creating inefficiency. If you don’t reach far enough with the paddles, they don’t deliver enough power and the boat goes slower. If not deep enough, then you are wasting [...]
City Moves for 19 April 2016 | Who’s switching jobs April 19, 2016 Savills Real estate group Savills has acquired the City investment team from Deloitte Real Estate, led by Jamie Olley. Jamie and his colleagues Thomas Reeves, Jamie Binstock and David McArthur provide investment advisory services focused solely on the City of London. The team will relocate to Savills City office in mid-June, and will work alongside Savills’ [...]
Kraft Heinz’s share price rises after it reports net sales of $7.12bn in fourth quarter results as it says integration is on track February 25, 2016 Kraft Heinz reported fourth quarter net sales having increased due to the merger of Kraft and Heinz, pushing its share price up more than three per cent in after hours trading. The company reported fourth quarter earnings per share of 23 cents in the 14 weeks to 3 January, up from a loss of four cents [...]
Watches as investments: How the Rolex Oyster Perpetual Cosmograph Daytona might be the most collectible watch ever, if only you could get your hands on one July 21, 2016 Last year two anonymous phone bidders made history when their feverish nine minutes of bidding ended with a Patek Philippe 5016A selling for $7.3m – 10 times its estimate. The crowd at the La Reserve Hotel in Geneva burst into spontaneous applause, delighted to have witnessed the sale of the most expensive wrist-watch ever. Stories [...]
Burberry’s share price jumps as mystery investor shops at the luxury group March 8, 2016 Burberry lead the FTSE 100 this morning after reports last night that a mystery investor has built up a five per cent stake in the luxury goods company. Regulatory filings show that the shareholder's stake went over the five per cent disclosure threshold on 11 February, with HSBC acting on behalf of the investor. A separate [...]
SCS shares soar as sofa chain hikes full-year profit expectations January 19, 2016 Sofa and floorings chain ScS’s share price has soared by almost 17 per cent after the company said it expects full-year profits to beat City forecasts. In an unscheduled update the retailer, which floated last year, said trading over the key Christmas and January sales period was strong within both its 97 ScS stores and 30 [...]
Why the build-to-rent sector is key to solving London’s dire housing affordability crisis February 25, 2016 London's housing shortage is putting the capital’s future at risk. The success of this great city is fuelled by its ability to attract talent, both nationally and internationally. But there is a danger that young professionals will be put off working here by growing housing costs, cramped and insecure conditions, or long and expensive commutes. [...]
Four of the best: Investment opportunities from around the globe August 16, 2016 Markets have been turbulent this year and much talk has focused on potential risks. A smattering of uncertainties to consider include the ramifications of the Brexit vote and whether the UK will enter recession. Nor does anyone know how extraordinary monetary policy in Europe will pan out, or the ultimate impact there’ll be from the trillions [...]
Canary Wharf homes are now a reality – get them while they’re hot March 3, 2016 When the first homes went on sale at 10 Park Place on the Canary Wharf estate, there were buyers queuing a day early for them. When developer Galliard launched Maine Tower nearby, around £140m of property sold out within four hours, the equivalent of £580,000 worth of sales every minute. Now, it’s Telford Homes’ turn [...]
The LCCM, Amy Winehouse’s former music school, is moving to The Music Box on the Southwark – and you could too March 15, 2016 Hear the stars of tomorrow rehearsing in the comfort of your own home by investing in the latest cultural centre around the South Bank. The latest apartments have gone on sale at The Music Box, a new housing development that incorporates the London Centre for Contemporary Music (LCCM). The school, which counts Amy Winehouse among its alumni, [...]