Songbird profit fuelled by Lehman sale March 25, 2011 SONGBIRD, the company which own large chunks of Canary Wharf, has reported a sharp rise in annual profits. The lift was fuelled in part by the sale of the old Lehman Brothers building to JP Morgan. Songbird Estates posted pre-tax profits for 2010 of £463.8m – a rise of 39 per cent on the £334.6m [...]
REUTERS HQ FOR SALE AS PART OF £1BN LONDON PROPERTY DISPOSAL September 7, 2011 Thomson Reuters’ headquarters in Canary Wharf, Olswang’s Holborn office and Deutsche Bank’s Winchester House site are among the properties being put on the market by German real estate fund KanAm, the firm said yesterday. Knight Frank is thought to be handling the sale, which could bring as much as £1bn in total. The group abandoned [...]
Moss Bros moves back into the black September 27, 2011 MOSS Bros has returned to profit after a surge in sales of wedding attire. The retailer said yesterday it had benefited from the “Kate and William effect” as couples followed the royal pair in tying the knot. The group posted a better-than-expected pre-tax profit of £2.2m in its half yearly report following a £2.8m loss [...]
STANMORE, HA7 October 6, 2011 CASTLE KEEP PENTHOUSE Price: £999,995 Castle Keep Penthouse is a duplex apartment over two floors and a roof terrace. It has high ceilings, an elegant dining room with a marble fireplace, three double bedrooms all en suite, a luxury bespoke oak-finished kitchen, guest cloakroom and laundry room. Contact: Savills on 01923 824 225 or go [...]
Businesses need to plan for the Olympics if they want the summer to run smoothly October 16, 2011 London 2012 TIME TO GET READY THERE’S no general piece of advice.” I’m with Transport for London’s no-nonsense commissioner, Peter Hendy, and if he has one message he wants people to grasp about public transport during next year’s Olympic and Paralympic Games, it is that every day and every part of town will be different. [...]
Markets hit by MF Global bankruptcy October 31, 2011 MARKETS plunged in London and New York yesterday as MF Global, the $41bn brokerage, became the first big American casualty of the European sovereign debt crisis. MF Global Holdings filed for Chapter 11 bankruptcy protection in the US following the collapse of a last-minute deal to sell off assets. It became the eighth-largest bankruptcy in [...]
CITY MOVES | WHO’S SWITCHING JOBS April 14, 2011 Lloyds TSB Commercial Finance Andrew Gaunt has been promoted to associate director of Lloyds TSB commercial finance’s business development team in the North East and Yorkshire. Gaunt moves from the lender’s large and major corporates team in the region, where he has spent the last five years as client manager, looking after a combined review [...]
THE SHOW MUST GO ON SAYS FOREX FINANCIER November 1, 2011 DIGITAL downloads decimating album sales, Russian born tycoon Len Blavatnik poised to swoop on the UK’s last major domestic music label – it’s fair to say the music industry has seen better days. Here to help the sector’s financially challenged artistes make the most of their remaining revenue sources – touring, merchandise and ticket sales [...]
THE SHOW MUST GO ON SAYS FOREX FINANCIER November 1, 2011 DIGITAL downloads decimating album sales, Russian born tycoon Len Blavatnik poised to swoop on the UK’s last major domestic music label – it’s fair to say the music industry has seen better days. Here to help the sector’s financially challenged artistes make the most of their remaining revenue sources – touring, merchandise and ticket sales [...]
CITY EYE July 31, 2011 PEDAL pushers: City workers take a break from the markets to take part in a group spinning class in Canary Wharf’s Montgomery Square in aid of armed forces charity Help For Heroes. More than 800 people took part in the outdoor classes over the course of the day, which was organised by healthcare provider Nuffield [...]