City Moves for 20 February 2014 | Who’s switching jobs February 19, 2014 Santander Corporate & Commercial Andrew Whelan has been appointed managing director for regional real estate finance at Santander Corporate & Commercial. He joined in 2010 from Bank of Ireland, and has previously held roles at Barclays. Aldermore Asset Finance The challenger bank has made three appointments to its asset finance team. Carey Hansford joins as a business [...]
Homes in homage to enterprising MP March 13, 2014 New homes alongside Regent’s Canal are a natural haven away from the hustle and bustle A TRIBUTE to the historical figure who inspired the London Underground logo lies in the bricks and mortar of contemporary London. The industrial architecture of the newest homes to arrive in King’s Cross pay homage to Liberal MP Samuel Plimsoll [...]
London Report: Retailers reveal where tills rang for Christmas January 12, 2014 RETAILERS are expected to reveal where UK shoppers showed their Christmas cheer, with a round of results in contrast to last week’s gloomy December tidings. Figures out this week from retailers such as Argos, Asos, Dixons, Ocado and Primark are expected to show increased sales. The successes are in contrast to the sales dips seen [...]
Hotels back on investors’ lists as transactions reach six-year high January 12, 2014 HOTELS are back in vogue with investors, according to research out yesterday by Deloitte, which shows that hotel deals in 2013 were at their highest in six years. UK hotel transactions totalled around £800m in the second half of 2013, up 66 per cent on the same period last year and taking deals for the [...]
Why India’s political earthquake is the most significant turning point of 2014 May 19, 2014 GENOA – I find myself in this predictably beautiful Italian city, about to visit the house of Christopher Columbus. Like most American schoolchildren, I remember finding the fact that Columbus discovered the new world by mistake uproariously funny, as the “Admiral of the Ocean Sea” literally bumped into the Americas, sitting annoyingly in the way [...]
Why India’s political earthquake is the most significant turning point of 2014 May 18, 2014 GENOA – I find myself in this predictably beautiful Italian city, about to visit the house of Christopher Columbus. Like most American schoolchildren, I remember finding the fact that Columbus discovered the new world by mistake uproariously funny, as the “Admiral of the Ocean Sea” literally bumped into the Americas, sitting annoyingly in the way [...]
Letters to the Editor – 26/02 – Peak holidays, Fantasy oil, Best of Twitter February 25, 2014 Peak holidays [Re: Holidays cost more at peak times. The reason is basic economics, yesterday] My argument is that companies don’t charge “extra” during school holidays. That’s the normal price. Instead, they offer discounts out of season. Mark Wadsworth It’s not just about supply and demand, but about when parents can take their kids on [...]
Waterstones’ new owner cuts full-year losses February 2, 2014 HIGH street bookseller Waterstones has narrowed its losses by more than a third in its first financial year since being snapped up by Russian billionaire Alexander Mamut. Accounts filed last week on Companies House show that pre-tax losses fell to £23m in the year to 27 April from £37.3m the previous year. This includes £5.4m [...]
Record sales lift Poundland float prospects January 23, 2014 POUNDLAND has boasted record sales over the key Christmas trading period, further paving the way for a potential initial public offering (IPO), expected to take place within the coming months. The bargain chain, which plans to double its UK presence over the next decade, said new shop openings helped sales rise more than 12.4 per [...]
M&S sales lose their shine after poor Christmas January 6, 2014 MARKS & Spencer is set to report poor festive trading this week as heavy discounting activity in the run-up to Christmas failed to spark a late surge in spending. Analysts predict the retailer will report a drop in third quarter general merchandise sales of as much as 1.5 per cent, despite a highly publicised revamp [...]