City Moves for 02 February 2015 | Who’s switching jobs February 1, 2015 EY Kate Richardson-Walsh has been appointed to EY’s business development team in London. She is a triple Olympian, and has been the captain of England and Great Britain hockey for the past 11 years. She will take up the role while training for the Rio 2016 Summer Olympics. Investec Specialist Bank The bank has announced [...]
This £45m mansion could have just netted the government £5.3m in stamp duty December 18, 2014 A 19-bedroom Mayfair mansion that's just been sold with an asking price of £45m may have just made the government £5.3m. Seven Balfour Place from the outside The 13,000 sq ft mansion, on Balfour Place, also comes with seven reception rooms, six kitchens, 17 bathrooms and a roof terrace. The company in charge of selling [...]
Retail data to show UK spending boost from Black Friday – London Report December 7, 2014 Black Friday is expected to have added a healthy boost to November’s retail sales, which the British Retail Consortium is due to announce tomorrow. Howard Archer, of Global IHS Insight, said: “While consumers are always keen to take advantage of bargains, particularly in the run-up to Christmas, the desire for bargains has undoubtedly been heightened [...]
Living the high life in Montmartre January 29, 2015 Green space is pretty scarce in Paris, especially when compared to London, so here’s an unusual pocket of privacy in the city of love In our increasingly over-populated cities, there are few things more valuable than green space. It’s seen as a luxury in many of the world’s cities, but nowhere values it more highly [...]
Sony Hack: Chief executive Kazuo Hirai breaks silence on “malicious” cyber-attack January 6, 2015 Sony's chief executive Kazuo Hiari yesterday broke his silence on the hacking scandal which has engulfed the company since November, at the International CES trade show in Las Vegas. In his first public comments on the cyber attack, Hiari said former and current employees of Sony were victims of "one of the most malicious cyber-attacks [...]
The most expensive homes in the world: Where are they and who owns them? London tops the chart December 29, 2014 London’s Buckingham Palace is more than just the home of Britain's queen – it’s also the most expensive home in the world, with a price tag of $1.55bn (although it’s not for sale). But this isn’t the only home with an exceptionally high value – across the world, billionaires have either been buying up the properties [...]
Budget 2015: A quick guide to all the key measures March 18, 2015 Chancellor delivers good news for savers and first-time buyers as he turns up heat on banks in play for votes ahead of election. UK ECONOMIC OUTLOOK ● The UK was the fastest growing economy in the G7 last year. However, the economy grew by just 0.5 per cent in the final three months of 2014, [...]
Xmas bargains await British homebuyers December 17, 2014 A THIRD of all UK properties currently on the market have seen their asking prices lowered at least once since being put up for sale, research from British property website Zoopla revealed yesterday. The figure is up from 27 per cent earlier this year and represents the highest level of discounting since August 2012. A [...]
Forget howls of deflation anguish: UK inflation at 0.5 per cent is very welcome January 13, 2015 UK inflation is now more than one percentage point below the official target for the first time since the Monetary Policy Committee (MPC) was established in 1997. What does this tell us about the outlook for the British economy? If past precedent had been followed, we could have seen the views of the MPC on [...]
UK house prices suffer biggest drop on record, with London average falling £30,000 in a month December 15, 2014 The fall in house prices in England is accelerating, with prices in some regions falling by five digits. The national drop of almost £9,000 (to £258,424) is the largest ever when measured in pounds, according to new data from Rightmove. Although the more accurate percentage drops aren't record breaking, they are still pretty big. According to [...]