Getting property back in business April 24, 2014 As residential prices soar, developers are turning commercial spaces into homes THE DARK dark satanic mills of William Blake’s Jerusalem were once a dominant fixture in the bustling life of industrial London. It wasn’t that long ago that the city produced condiments like sugar, honey, jam and vinegar, while warehouses stored valuable goods that were [...]
City Moves for 01 May 2014 | Who’s switching jobs April 30, 2014 MHA Macintyre Hudson The accountancy firm has announced the appointment of Matt Coward as a tax partner in its London City office. Coward is a chartered tax adviser and member of the Society of Trust and Estate Practitioners. He joins from Price Bailey, where he was a private client tax partner. DAC Beachcroft The law [...]
Boris urges developers to stop offering London homes to foreigners first March 11, 2014 Boris Johnson will urge developers and investors this afternoon to sign up to a new deal to stop giving buyers living abroad the first chance to buy London homes sold before they’re built, in a bid to get more Londoners onto the housing ladder. Speaking at Mipim, the property’s industry annual conference in Cannes, the [...]
Hand-painted, wall-to-wall art for the home March 13, 2014 Meet the designer bringing back affordable, quality wallpaper MOVING house is said to be one of the most stressful things you can go through. But one busy professional turned her decorating frustrations into an idea for a business start-up that brings ancient Chinese art into London homes. Over a year ago, Nina Tryon, formerly head [...]
Carpetright cuts profits again as sales wear thin March 26, 2014 CARPETRIGHT issued its third profit warning in less than six months yesterday, saying that the recovery in the housing market has yet to reach its tills and lead to more people refurbishing their homes. The flooring specialist, whose boss Darren Shapland quit after its first October profit warning, said it now expected underlying pre-tax profit [...]
Housebuilders urged to sell to Londoners first March 11, 2014 BORIS Johnson has urged housebuilders and developers to sign up to a new deal to stop giving buyers living abroad the first chance to buy London homes sold before they’re built, in a bid to get more Londoners onto the housing ladder. Speaking at Mipim, the property industry’s annual conference in Cannes yesterday, the London [...]
London’s property boom: Right up there with the dot com bubble and Dutch tulips March 27, 2014 More great news for homeowners in the capital! Following on from Tuesday’s revelation that London house prices shot up by an eye-watering 13.2 per cent in the year to January, research out this morning claims that our city’s property market is the third biggest economic boom of all time. An Office for National Statistics house [...]
Sheer satisfaction: Zendesk founder Mikkel Svane on providing better customer service July 13, 2014 Harriet Green talks IPOs, big data and radical taxis with Zendesk’s founder Mikkel Svane. An O2 survey last year found that 70 per cent of people wouldn’t forgive a company for bad customer service. Two thirds also said they’d share their experience with an average of eight friends and family members. Mikkel [...]
Foxtons returns to market at £649m as stocks gear towards housing recovery September 20, 2013 London estate agents Foxtons has floated on the London Stock Exchange at 230p a share. (Release) Market capitalisation for the company is about £649m with gross proceeds raised of £390m. Our deputy editor David Hellier writes: STRONG demand for shares in Foxtons, the London-focused estate agency chain, was last night expected to push the group’s [...]
This week’s 5 must-see charts March 28, 2014 The next UK debt crisis, an uncertain future for the services sector, copper’s decline, and the euro’s enduring strength. We bring you some of our favourite analysts’ picks of the most important graphs this week. Christian Schulz, senior economist at Berenberg Does this look familiar? The Office for Budget Responsibility expects a major rise in [...]