Business travelers fork out more to stay near the City, study shows October 4, 2016 Business travelers were still prepared to pay more to stay near Canary Wharf and the Square Mile despite increased uncertainty ahead of the EU referendum. A bi-annual report by HRG — the global travel company — showed that average room rates for business travelers leapt in the Docklands and the City by 6.9 per cent [...]
Want more excitement in your food? Here are London’s most fun desserts January 27, 2017 Fire baked cookie at Temper Temper is Soho's basement playground dedicated to meat, smoke and tacos with plenty of global flavours and few boundaries. It's pretty impossible not to have a good time here, particularly if you end your meal with a dish of 'baked cookie' which doesn't give a huge amount away, so let [...]
Ritz boss lashes out over business rates revaluation: “Most politicians have never had a job” October 26, 2016 The man behind London’s most iconic hotel has lashed out at politicians in charge of a shaking-up business rates, accusing them of failing to understand business because they have “never had a job”. Andrew Love, deputy chairman of the Ritz, told City A.M. a revaluation of business rates unveiled at the end of last month [...]
Commercial property company insolvencies jump as banks call in loans January 4, 2016 The number of insolvent property investment companies has surged over the last year as banks took advantage rising commercial property values to claw back loans they have held onto since the crisis. The number of insolvencies, where a company can no longer pay its debts, rose by eight per cent to 346 in 2015 from 319 [...]
What better excuse could you have for a G&T or six than International Gin & Tonic Day? Here’s where to drink up October 18, 2016 The Portobello Star 171 Portobello Road, W11 portobellostarbar.co.uk Journey to The Ginstitute, London’s second smallest museum sitting atop a 270-year-old pub on Portobello Road. Open since 2011, it’s also the headquarters of Portobello Road Gin, where you can learn all about the juniper drink’s rich history in London. There’s a chance to sample a tipple [...]
Editor’s 2016 review: It’s been a year of momentous political change, but there’s every reason to look to the future December 22, 2016 Attempting to reflect such an extraordinary year with just a handful of our own front pages was always going to be difficult, but I thought we’d give it a go. The front page of City A.M. is (to borrow a phrase from our marketing department) the front door of our brand. The choice of splash, [...]
The economics of iceberg homes: Are mega-basements just a sunk cost? October 26, 2016 Even if you’re rich, London’s above-ground space limitations and conservation rules can put the kibosh on building your dream home. If you have a vision of putting a swimming pool, cinema or bowling alley in your Georgian terrace, you’ll probably have to think vertically to realise it. Over the last decade, iceberg basements have become [...]
Inside Big Bang: The chaotic October morning that created the modern City October 26, 2016 Shortly before 8am, as Sir Nicholas Goodison surveyed the floor of the Exchange crowded with foreign television crews and curious journalists, he was a little apprehensive. After so much hype about the possibilities of what had been termed Big Bang, and difficult negotiations with Margaret Thatcher’s ministers, and efforts to persuade the more conservative elements [...]
The future of London: Is the city edging towards independence? September 12, 2016 It is increasingly easy to characterise London as a “city state”. Its scale, wealth and multi-dimensional differences (as compared to the rest of the country) mean it has more in common with New York or Toronto than with Yorkshire or Scotland. The creation of the office of mayor of London, a glamorous Americanised form of government, makes [...]
New homes on sale this weekend at one of the tallest residential towers in Europe and a historic mansion in Hampstead September 30, 2016 South Quay Plaza, Canary Wharf From £695,000 The arrival of Crossrail trains at the latticed Foster + Partner-designed train station in Canary Wharf will be a “gamechanger” for the area, according to Berkeley Homes. That’s why the developer has chosen the business hub– and the station’s Sterling Prize winning architects – to create its tallest [...]