Working Title: Production giant behind new Bridget Jones film ‘significantly impacted’ by Hollywood strikes July 15, 2024 The UK arm of Working Title, the production giant behind Lord of the Rings, Love Actually and British cult classics Hot Fuzz and Shaun of the Dead, has weathered a challenging year after being "significantly impacted" by the Hollywood writers strike, according to newly-filed documents.
Investment in London hotels sinks to lowest in a decade – but rate cut prospect boosts confidence February 2, 2024 In January, Starwood Capital acquired the 10-hotel Radisson Edwardian portfolio for a reported £800m, most of which is in central London.
London rents will cool next year – but tenants won’t be out of the woods yet December 12, 2023 Rents will continue to rise in London next year but at a much slower pace than what has been seen over the past 12 months. London landlords are expected to raise their prices by two per cent in 2024, a substantial decrease when compared to the nine per cent hike which was recorded by property [...]
Arrival: The full story of how a £9bn electric vehicle firm collapsed into administration April 11, 2024 The full story of how the UK businesses of electric vehicle company Arrival collapsed into administration owing more than £1bn has been revealed for the first time.
AI summit could happen twice a year – but techies say UK won’t claim AI crown October 24, 2023 Michelle Donelan has said Britain could host its imminent Artificial Intelligence (AI) Safety Summit as often as every six months.
Young ‘upsizers’ drive demand for multi-million-pound homes in Mayfair April 6, 2024 London’s ultra wealthy have remained immune to the downturn in the housing market, with posh-pads in the exclusive neighbourhood of Mayfair now commanding a 50 per cent price premium compared to the rest of prime central London.
In defence of landlords, by the Bank of England July 18, 2023 Few people in Britain draw as much scorn than landlords. It’s easy to understand why. Young people shackled to renting see landlords as a barrier to their homeownership dreams. Particularly in London, renters hate handing over a huge share of their monthly wage to property investors. Doing so stops them from using their cash [...]
Vodafone and Three hit back at union concerns deal will kill competition October 17, 2023 Vodafone and Three have hit back at a warning from trade union Unite that their telco tie-up will stifle competition, threaten national security and raise customer bills by up to £300 a year.
Tech firms listing in London? That’s a red flag, says short seller Carson Block October 5, 2023 Any tech firm that lists in London should raise alarm bells, short seller Carson Block has said today, as he took aim at the City’s “clubby” culture and focus on pedigree.
UK house prices rise by an average £36,000 in just 12-months October 19, 2022 The average cost of a home in the UK has risen by £36,000 in just 12-months, according to official figures, as homeownership falls further out of reach for many. The jump is more than the average Brits’ annual salary, and comes at a time when rising mortgage rates are acting as yet another barrier to [...]