Kensington and Chelsea wins its bid to restrict “billionaire” basement extensions December 2, 2014 Kensington and Chelsea has won its bid to limit the size of multi-storey basement extensions, amid complaints regarding the building projects of a number of rich residents. The London Borough won approval on new rules which will restrict so-called "dig-downs" to just one storey below ground level. The extent to which basements can be spread [...]
Even Her Majesty will have to pay mansion tax on Buckingham Palace, says Labour’s Ed Balls October 5, 2014 THE QUEEN would be subject to the Labour party’s proposed mansion tax shadow chancellor Ed Balls said yesterday, along with other wealthy property owners. Buckingham Palace, Her Majesty’s London residence, is said to be worth more than £1bn what with a sought-after central location and a large amount of space. However, the monarch is not [...]
London property prices: More million-pound properties have been sold in London this year than ever before October 31, 2014 London house prices might be cooling, but things are certainly hotting up at the premium end of the market. Sales of properties costing more than £1m have reached record levels in the UK with 6,143 houses sold in the first half of the year- 70 per cent of which were in London. That’s nearly 2,000 [...]
The Queen would pay Labour’s mansion tax, as would 2,724 of her Westminster neighbours but which London borough would pay the most? October 5, 2014 The Queen would be subject to the Labour party’s proposed mansion tax shadow chancellor Ed Balls said today, along with other wealthy property owners. The Queen’s residence in London, Buckingham Palace, is said to be worth more than £1bn what with a sought after central location and let’s say, a comfortable amount of space. However, [...]
Stop bashing the super rich: You’ll make us all poorer October 2, 2014 FOR ALL their wealth, ultra high net worth (UHNW) individuals are a tiny minority, with little clout at the ballot box. Labour’s proposed mansion tax on homes worth over £2m is just the latest assault on the super rich, who have become an easy target for politicians; the top 1 per cent of earners already [...]
Any Other Business – 14/08 August 13, 2013 ■ It’s barely 24 hours since BBC Newsnight presenter Jeremy Paxman shocked middle Britain with his Twitter-trending facial hair, but bookies are already taking bets on how long the interviewer’s designer stubble will last. Ladbrokes is offering 4/5 odds-on that Paxman’s beard sees out the week – while punters who think he’ll go for a [...]
Polo stars turn out in force for deprived kids June 28, 2012 POLO stars have raised more than £100,000 for the Laureus Sport for Good Foundation Argentina following a weekend event at the Guards Polo Club in Windsor. The players were enthusiastic as was the support from the celebrity-filled stands, with the likes of rugby’s Sean Fitzpatrick and Boris Becker in attendance. And the victory seemed to [...]
It’s official: London is now a hotspot of unemployment – business must help tackle it January 18, 2012 T HE latest figures from the Office for National Statistics show that unemployment continues to be a major concern in our capital. The overall unemployment rate stands at an alarming 9.9 per cent, the third highest in the UK. These figures are shocking, especially as London is such an economically active and wealthy city, where [...]
PROPERTY NEWS July 7, 2011 LONDONERS LOVE NORTH AND SOUTH WEST BOROUGHS North and south west boroughs dominate London’s top ten development hotspots, according to research from CB Richard Ellis. Although Kensington and Chelsea has predictably topped the table of London’s residential favourites, the new research reveals that good development prospects are not limited to central locations. Jennet Siebrits of [...]
Moving in on Britain’s top state schools November 25, 2010 WITH the standards of living rising and employment ever more insecure, committing your child to private education has become a risky business. Parents who have children edging towards that crucial eleventh year will no doubt be trying to unpick the admissions policies to the best state schools. They are also likely to have entertained the [...]