Distressed commercial real estate debt outweighs reserves at six biggest US banks February 20, 2024 Commercial real estate has been an area of concern in the US for the last few years with the pandemic and the rise of flexible working denting office valuations.
Government launches competition to find office for Great British Railways outside London October 5, 2021 As Great British Railways is set to take the reins of the UK railway network, the Department for Transport (DfT) has launched a competition to find a new appropriate headquarters. UK transport secretary Grant Shapps has launched a competition to find the Great British Railways a head office, the new state-owned public body in charge [...]
Canary Wharf and Me: John Mulqueen on life in London’s other financial district February 15, 2024 This week John Mulqueen, chief investment officer at Canary Wharf Group, tells us about life in London’s other financial district.
Post Office and DPD sign click-and-collect delivery deal August 16, 2021 The Post Office is teaming up with French van delivery company DPD for click-and-collect services in the national mail service’s first partnership in its 360-year history. From next week, customers will be able to choose to get their parcels delivered by DPD couriers directly to a Post Office branch. As employees return to offices, the [...]
No Time To Die: Latest James Bond set to break Box Office records October 4, 2021 A range of betting houses have cut the price from 10-1 to 7-1 for new James Bond movie No Time To Die to become the highest grossing UK film of all-time. The UK’s widest theatrical release of all time opened to five-star reviews in 772 cinemas in the UK and Ireland on Thursday. And box office expectations are high, [...]
What is the solution for small businesses’ biggest worry? November 2, 2023 The chief operating officer of Simply Asset Finance, said there's plenty of conversation on how small businesses can restructure their business.
Swiss police raid Credit Suisse offices over Greensill Capital funds October 3, 2021 Swiss police have raided Credit Suisse offices and seized documents relating to the failure of the bank’s $10bn range of supply chain finance (SCF) funds that were linked to Softbank-backed Greensill. Police carried out the raids last week after the Zurich public prosecutor’s office launched criminal proceedings into Greensill. The prosecutor’s actions followed a criminal [...]
ITV profit rises after ‘very successful’ period with Euro 2024 and Love Island July 25, 2024 ITV said its studios business, which has produced TV shows such as Mr Bates vs the Post Office, is expected to deliver record annual profit.
‘Steady picture’: UK house prices increase at fastest rate since July 2022, as London rose slowest July 17, 2024 Expectations of a cut to interest rates and continued tight supply helped house prices to rise for the third successive month in May, the Office for National Statistics has said.
Election 2024: Liz Truss loses seat to Labour as mammoth majority evaporates July 5, 2024 Liz Truss has lost her Nofolk seat to Labour after voters revolted against the former Prime Minister following her disastrous spell in office.