Every new house in Europe to have an electric vehicle charging point by 2019 October 11, 2016 Is the take-up of electric cars about to accelerate? A draft EU directive expected to be introduced by 2019 states that every new or refurbished house in Europe will need to be equipped with an electric vehicle recharging point. The guidelines due to be published by the end of the year will also state that ten per [...]
Brexit doom-mongers are wrong: London house prices aren’t going to crash August 2, 2016 On the morning of 24 June, as Britain woke up to the reality that as a nation we’d voted to leave the EU, it may have seemed like the world was turning on its head. The pound was crashing, stock markets see-sawed, and the political landscape of the UK was irrevocably changed. Just over a month [...]
Before the bell: What you need to know before the US market open September 20, 2016 Theresa May has been buttering up Wall Street following the Brext vote and drug giant GlaxoSmithKline has a new chief executive. Here's what you need to know before the US open at 2:30pm London time. The US futures markets are pointing higher ahead of the open. The S&P is up by 0.38 per cent, the Nasdaq [...]
British SMEs should focus their attention to America post-Brexit September 29, 2016 Ambitious British small and medium-sized enterprises (SMEs) are taking advantage of the post-Brexit climate by exporting more than ever, according to research from Enterprise Nation. One in five SMEs are now exporting, and out of those who started to do so in the last six months, 91 per cent expect to grow in the next [...]
Editor’s notes: Does Trump’s victory provide opportunities for the UK? Maybe November 10, 2016 One benefit of Trump’s shock victory is that it makes the Brexit vote look like a council by-election in comparison. The world is now used to the idea that over the next two years the UK will slip the surly bonds of Brussels, and although the full details of that plan aren’t fully understood it’s the [...]
Opinion: Why housebuilders need to use their developments to champion British design and nurture homegrown talent October 21, 2016 It’s an unfortunate truth that the real estate industry often overlooks the deep pool of design talent in Great Britain. While the origins of design might seem insignificant, after decades of outsourcing design to far-flung corners of the globe, it is time for us to assume a new level of responsibility in supporting British designers. [...]
Vauxhall MP Kate Hoey will fight Hilary Benn to lead parliament’s Brexit committee October 11, 2016 Vauxhall MP and prominent Leave campaigner Kate Hoey is to launch an audacious bid to lead parliament's Brexit watchdog, City A.M. understands. The powerful new Brexit committee is due to be formally created later today, and will be responsible for cross-party scrutiny of the UK's departure from the EU. Hoey has yet to formally launch her bid to [...]
City Moves for 26 September 2016 | Who’s switching jobs September 26, 2016 RSM RSM has appointed Bart Somerville as a corporate finance director focusing on business and asset valuations based in the London office. Bart joins RSM from BDO where he was a director in the valuation team. Prior to that Bart worked at Deloitte UK for five years and PwC in Toronto for seven years. He’s provided [...]
Home is where the smart is: City A.M. meets Krystian Zajac October 31, 2016 When I first came to the UK, I was living in a tiny flat with five other people. I was educated, but washing dishes for a living. I did not care, the money was still better than what I got in Poland,” says Krystian Zajac, founder of Andrew Lucas. As far as rags to riches [...]
Serial entrepreneur Luke Johnson on Channel 4 sell-off, dodging journalism and having no Brexit regrets January 9, 2017 Life could have been very different for serial entrepreneur and investor Luke Johnson. His father, Paul Johnson, is a former editor of left-wing political magazine the New Statesman. And his brother, Daniel, is the founder of political magazine Standpoint. In the tight-knit media world, it would not have been a surprise if Luke Johnson had [...]