City offices are now as full as before crisis June 19, 2014 OFFICE vacancy rates in the City are back to levels last seen before the full impact of the financial crash in 2008 was felt, according to a new measure of the health of the British financial sector. TheCityUK’s latest tracker of the UK’s competitiveness, seen exclusively by City A.M, showed the amount of spare space [...]
UK now No1 destination for European investment June 10, 2014 Inward investment to the UK rose by 15 per cent last year, making it Europe's favourite among global investors, according to a survey by Ernst & Young. While the overall European market grew by four per cent, the UK secured a fifth of all the new projects: 799 in total. This has extended its lead [...]
Living in luxury in London… as a student? September 5, 2014 Students deserve better and they’re willing to pay for it. At least, this is what some of the country’s leading estate agents and developers are starting to realise, and they’re happy to oblige with a range of quality alternatives to traditional student digs. Gone are the days when students were expected to put up with [...]
KKR goes green with wind farm tie-up in Spain June 24, 2014 Private equity firm KKR clinched a landmark green energy deal yesterday after snapping up a stake in a Spanish-based windpower business. KKR, led by veteran buyout pioneers Henry Kravis and George Roberts, will pay €417m (£334m) to buy one-third of Acciona Energy International (AEI), which creates electricity from wind power. The agreement marks one of [...]
London Report: FTSE nears record 7,000 level after USA jobs surprise July 3, 2014 LONDON’s top share index yesterday edged ever-closer to breaking its 1999 record – and the 7,000 point mark – after fresh batch of strong US jobs data and supportive rhetoric from the European Central Bank. The blue-chip FTSE 100 closed 48.84 points higher, or 0.7 per cent, at 6,865.21, taking its gain since the start [...]
Buy British Day: Here’s why you should think twice before splashing on ‘Made in Britain’ products October 3, 2014 Today marks the first 'Buy British Day' where shoppers are being urged to splash their cash on products with the 'Made in Britain' label. Anthony Wallis, an organiser of the campaign, told the Grocer: We want to get as much awareness as possible – if it means promising store, or sticky labels, or advertising, or [...]
As Ed Miliband seeks to woo businesses, is Labour’s pro-enterprise stance credible? July 3, 2014 Lord Wood of Anfield, shadow cabinet minister and adviser to Ed Miliband, says Yes. Labour knows that the foundation of a successful Britain is the success of British business – large and small, home and abroad. But to compete and succeed in the decades ahead, we need to address the long-term challenges of our economy. [...]
Quintain returns to profitability with strong focus on London May 23, 2014 Quintain Estates has returned to profitability, supported by the opening of the London Designer Outlet and sales of new homes at Wembley Park. The first release of 73 apartments have been sold for an average price of £570 per square foot. Today's results mark the first time the company has been back in the black [...]
Quintain returns to profitability with strong focus on London May 23, 2014 Quintain Estates has returned to profitability, supported by the opening of the London Designer Outlet and sales of new homes at Wembley Park. The first release of 73 apartments have been sold for an average price of £570 per square foot. Today's results mark the first time the company has been back in the black [...]
We can reform London’s rental sector without demonising landlords May 27, 2014 THE SHADOW of Peter Rachman, the epitome of the rogue landlord, still lingers over the rented sector. Yet deregulation in the late 1980s means it is incomparable with the rent-controlled, deteriorating rump stock of old. Today’s rented sector houses a phenomenally diverse 2m Londoners. There isn’t a typical renter. Every income group is represented equally, [...]