Steve Mnuchin confirmed as US treasury secretary February 14, 2017 Donald Trump’s pick for US treasury secretary has been approved by the Senate in a vote that divided largely along party lines. Steve Mnuchin’s nomination was confirmed in a 53-47 vote. Mnuchin’s nomination was beset by attacks from Democrats and centred on the foreclosure record of OneWest, a bank where Mnuchin acted as CEO. The [...]
Advertising company Exterion Media wins £1.1bn Transport for London contract March 17, 2016 Advertising company Exterion Media has won a Transport for London (TfL) contract worth more than £1bn. The partnership will begin on 1 October 2016 and was described by TfL as the largest outdoor advertising contract in the world. As part of the agreement, Exterion will oversee advertising on trains and at more than 400 stations across [...]
New Builds: New homes on sale this weekend in London in East Finchley, Stratford, Greenwich, Hampstead and Notting Hill February 3, 2017 Ethan Drive, East Finchley £1.25m to £1.75m Sporty families will like these new four and five bedroom detached houses opposite the Chandos Lawn Tennis Club. Finchley Cricket Club and Pure Gym, where buyers will get a year’s family membership. Set in a private gated road, they come with modern luxuries like Hacker kitchens, underfloor heating [...]
Top City bosses to take questions from MPs on Brexit tomorrow January 9, 2017 Some of the City's better-known names will face questions from MPs on Brexit tomorrow. Group chairman of HSBC Douglas Flint, chief executive of the London Stock Exchange Xavier Rolet and vice chair of Allianz Global Investors Elizabeth Corley are scheduled to give evidence on the UK's future economic relationship with the European Union to the influential Treasury Select [...]
Area guide: Woolwich – why it’s tomorrow’s town April 1, 2016 It’s an unfortunate consequence of over-enthusiastic estate agents that an area described as “up-and-coming” is often, well, getting there but taking its sweet time about it. Woolwich was one such place for a long time, but 2016 is the year SE18 arrives on the property scene. “Woolwich has been touted as up-and-coming for the last [...]
Kleinwort Benson’s Mayfair office sold to Hong Kong billionaire Joseph Lau’s Chinese Estates for £122m March 7, 2016 An property investment firm controlled by Hong Kong billionaire Joseph Lau has snapped up Kleinwort Benson's London headquarters in Mayfair for £121.7m. Chinese Estates has agreed to buy 14 St George Street from Aberdeen Asset Management, the pair announced today, in a deal representing a 3.5 per cent yield. Designed by Eric Parry, the four-storey building comprises 51,861 square feet and [...]
15 plans for the future of London transport: From the Northern Line extension to Night Tube and Crossrail 3 March 11, 2016 London Mayor Boris Johnson has said £1.3tn of investment is needed in the capital over the next 35 years in order for London to retain its world class status. Transport is the biggest focus of the "London Infrastructure Plan 2050", and £973bn of spending is needed on transport alone to keep up with the rising population [...]
This lively adaptation of Pride and Prejudice squeezes twenty characters out of two actors December 8, 2016 Jane Austen’s novels are about the macrocosm in the microcosm. They are about the discreet play of agendas that turn a regency drawing room gathering into an epic battle of wills, for those lively enough to read between the lines. Johannah Tincey’s adaptation of Pride and Prejudice explores this polite, compact ferocity by casting two [...]
The first 100 days: What the new mayor of London needs to do to hit the ground running May 6, 2016 By the time today’s edition of City A.M. hits the streets, Londoners will have voted for their new mayor. With no overnight count, we are in a tantalising no-man’s land between the polling stations closing and the results being announced. By any measure the mayor’s in-tray is going to be full. From housing to transport, new [...]
Urban planner Sir Terry Farrell slams plans for transport hub at Old Oak Common as “London’s worst cock-up in 50 years” March 3, 2016 One of the capital's largest-ever regeneration schemes could end up being its "worst cock-up in years", one of London's best-known urban planners has warned. In an interview with the Evening Standard, Sir Terry Farrell said the £10bn Old Oak Common scheme has been the victim of in-fighting by politicians. The 100-acre site in North West London is set to become a [...]