City rents up for first time since 2007 January 10, 2010 CITY office rents rose for the first time in three years at the end of 2009, boosting confidence that office rents have bottomed out. A report from Cushman & Wakefield reveals 41 per cent of the year’s total take-up of office space took place in the last quarter of 2009. The take-up of 2.6m sq [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
We’ve nothing to fear from Germans June 23, 2010 I TOOK a long, hard look at the Germans in their final group game against Ghana last night and, to be honest, I really don’t think England have anything to fear. I thought Bastian Schweinsteiger and Lucas Podolski looked off the pace, while the defence, for me, were vulnerable to pace and weren’t as organised [...]
High class: where to go for the best views in town June 16, 2010 WITH roof-top bars and outside space in London hard to come by (or just plain wet), top floor views and cityscapes have become the next best thing and a desirable year-round alternative. This week, as one high and mighty new members’ club opens its shiny elevator doors for the first time, another is scrapping its [...]
Why Mervyn King is the real winner June 16, 2010 SO there you are. The Bank of England is now in charge; the FSA is being disbanded and its name junked; and its staff are being reallocated to the Bank and other new agencies (and many will physically be moving back to the Square Mile from Canary Wharf). Hector Sants, the FSA’s chief executive, will [...]
EX-SEYMOUR PIERCE BOSS COMES OFF THE SLOPES AND BACK TO CITY May 25, 2010 IT was only going to be a matter of time before Richard Feigen popped his head back over the proverbial parapet after resigning from broker Seymour Pierce at the turn of the year. Feigen, one of the best-known corporate financiers in the City, handed in his notice in January following a month-long internal investigation at [...]
WORLD CUP STOCK PICKS ARE FAR FROM A SAFE INVESTMENT PLAY May 26, 2010 YET more World Cup fun and games from the financial sector, as Halifax Share Dealing yesterday launched a “Sports Stocks Index” based on the upcoming tournament. The broker’s method was to match shares to each of the competing World Cup nations by matching their Fifa country abbreviations to a ticker symbol on an international exchange. [...]
HSBC STAFF MOVE INTO RITZY NEW CHINA DIGS June 9, 2010 MORE Far Eastern joy for HSBC chief Michael Geoghegan, who relocated to Hong Kong earlier this year as part of a drive by the bank to up its focus on Asia. Geoghegan yesterday cut the ribbon on the bank’s swanky new China HQ, located in a shiny tower at the heart of the Shanghai finance [...]
NOMURA READY FOR ROOF WITH A VIEW June 20, 2010 Only weeks to go now before the biggest decampment the City has seen in a while; Japanese bank Nomura’s move back to the City from the Canary Wharf offices it inherited from Lehman Brothers a few years back. The bank, which will move its staff floor by floor to minimise disruption, starting on 12 July, [...]