Coca-Cola chief executive tops international black, Asian, and minority ethnic executive power list May 26, 2016 The boss of The Coca-Cola Company, Muhtar Kent, has topped a list of Black, Asian and minority ethnic (BAME) bosses from around the US, UK and Ireland. The ranking, put together by executive search firm Audeliss, placed Manjit Wolstenholme, chair of Provident Financial second and Albert Cheng, chief operations officer at Amazon Studios in third. Its release follows a similar one from the House of Lords [...]
Whistler at the Fine Art Society shows an artist who was rightly considered thoroughly radical April 7, 2016 James McNeill Whistler is best known for his painterly concern for harmony of tones and mood, rather than overtly symbolic or moral content. This is famously evident in his Arrangement in Grey and Black No.1 of 1871, commonly known as Whistler’s Mother. What is less known is that he was also an extraordinary pioneer both [...]
Grosvenor House Hotel up for sale as owner collapses into administration March 3, 2015 The iconic Grosvenor House Hotel in London has been put up for sale after its owner collapsed into administration. The luxury five-star hotel, located on Park Lane in Mayfair, is expected to go for more than the £470m than its owners Sahara Grosvenor House Hospitality initially paid five years ago – the largest London hotel deal [...]
Ladies who don’t lunch: Maike Currie talks to Christine Johnson about bonds, bubbles and being a rebel July 14, 2016 "I am definitely a bond person,” says Christine Johnson, head of fixed income at Old Mutual Global Investors. We’re having lunch at Spring restaurant in Somerset House and I am beginning to understand what Christine means when she says that as a fund manager you need to “live your job”. She likens her personality to [...]
How artificial intelligence, peer-to-peer technology and blockchain are changing the insurance industry forever July 14, 2016 Just as fintech is transforming the banking world, “insurtech” has set its sights on the insurance industry. There are firms like Trov, which provides insurance on-demand and enables consumers to catalogue insured belongings. Buzzmove uses home removals data to create a new distribution model for insurance – people are more likely to renew or buy [...]
With mortgage rates heading towards 1 per cent, should we be worried about a bubble in the market? February 29, 2016 Scott Corfe, director at the Centre for Business and Economic Research, says Yes. Most of the house price growth seen in the UK over the past couple of years has been fundamentals-driven. Supply of new homes simply hasn’t caught up with demand. However, one does wonder if we are now veering into bubble territory – particularly [...]
Focus On Canning Town: For affordability and an easy commute to Canary Wharf, the only way is E16 March 17, 2016 East London’s post-industrial landscape is rapidly disappearing in favour of quirky cultural venues, artfully rustic cafes and glassy residential towers. While the investment potential in Hackney and Tower Hamlets has been well-documented, other locations that are just as accessible have managed to slip under the radar. One of these is Canning Town, a part of [...]
Top tips for getting your dream home or a quick sale on Open Days January 25, 2016 You could be forgiven for thinking that the queue snaking down your street was for the January sales, but in our property-obsessed times, it’s more likely to be an open house. High demand and low housing supply means vendors – especially those selling properties in the affordable bracket – are inundated with potential buyers. And [...]
Pressure mounts on BHS top dogs as MPs call for Sir Philip Green to be held accountable over department store’s collapse April 25, 2016 Pressure was mounting on Sir Philip Green last night after MPs called for the former BHS owner to be held to account over yesterday’s collapse of the 88-year-old high street chain, which he sold for just £1 last year after 15 years’ ownership. BHS’ failure, which puts 10,000 jobs at risk, is also being investigated by [...]
London house prices: West End buyers shrug off stamp duty rise and mansion tax threat as sales rise April 27, 2015 The West End residential market saw no let up in activity over the first quarter of the year, figures show, despite changes to stamp duty and the threat of Labour’s proposed mansion tax. Property advisory firm CBRE said sales transactions jumped by 33 per cent on last year as it agreed sales on £54.7m worth [...]