AURUM FUNDS CHIEF FLIES OUT TO OVERSEE ARK’S AFRICAN LAUNCH January 23, 2012 HEDGE FUND manager Kevin Gundle, the chief executive of Aurum Funds, has been away from his desk since last Thursday. He was in Zambia, The Capitalist hears, where as a founding trustee of Absolute Return for Kids (Ark), the charity set up by the philanthropist financiers Ian Wace and Arki Busson, he has been busy [...]
Moss Bros sees sales buck high street gloom December 15, 2011 MENSWEAR brand Moss Bros has posted a double-digit rise in sales in defiance of tough trading conditions on the high street. The suits specialist said like-for-like sales for the first 19 weeks of the second half were 10.5 per cent up on the previous year, despite tougher market conditions. Gross profits were 7.9 per cent [...]
All the world buys into London July 10, 2011 Office Space CENTRAL London looks set to be the prime beneficiary of a renewed appetite for direct investment into UK commercial property. The capital already tops the league table of largest global property investment markets, netting close on £11bn in 2010, significantly more than closest rivals Tokyo, Paris and New York. And the prospects for [...]
Onward and upwards in 2012 please December 22, 2011 AS the business year draws to a close, there is one last opportunity to reflect on what has gone before, and to consider what might lie ahead. In the financial world, 2011 will forever be remembered as the year the wheels fell off the euro. The single currency is still intact, but nobody quite knows [...]
The big picture: London property July 10, 2011 Office Space IT’S a game of two halves for central London’s commercial property market: an early trip to the showers for the office sector, while the retail sector is playing into extra time. Across London’s core office pitches, from the financial zones of Canary Wharf and the City, to the media and head office blocks [...]
The 9 projects that show the future of commercial space July 10, 2011 Office Space ACROSS the capital, thrilling new commercial buildings are springing up, from the City’s twenty-first century office towers to Europe’s largest urban shopping centre at Stratford. Andrew Deverell-Smith, managing director of property recruitment specialists Deverell Smith Recruitment, says “for those of us with so much at stake in the property industry, it is refreshing [...]
THE WEEK AHEAD November 6, 2011 COMPANY NEWS ● Today, Rentokil Initial announces. The global business services company – which is active in Europe, America, Africa and Asia – will be looking for results that aren’t a pest. ● Tomorrow, Vodafone and Marks & Spencer both announce. The former is the world’s largest mobile telecommunications company, and the latter is the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 13, 2011 FINANCIAL TIMES PARCOM CAPITAL TO SELL SEE TICKETS FOR £120M See Tickets, one of the largest ticketing companies in Europe, is in the advanced stages of being sold by Dutch investment firm Parcom Capital for between £100m and £120m. The sale, which has reached second round bidding, has attracted interest from a handful of private [...]
FOCUS ON: BRAINTREE, ESSEX BY DONATA HUGGINS October 27, 2011 ST THOMAS COURT, OLD SAINT MICHAELS Price: £275,000 This two-bedroom apartment features a double-height living area with exposed roof trusses and mezzanine floor. The property has been designed to maximise on space, natural light and historical features. Contact: City & Country Group on 01376 335 800 or go to www.oldsaintmichaels.co.uk Place House, Dunmow Road Price: [...]
CITY BANKS FACE JOBS BLOODBATH November 16, 2011 THE CITY faces a jobs bloodbath as investment banks accelerate job cuts to a speed last seen during the 2008 financial crisis. With data showing UK joblessness at a 15-year high, one of Canary Wharf’s biggest employers, Citigroup, confirmed plans to slash jobs, with 3,000 expected to go globally. BNP Paribas also said it would cut [...]