West End falls behind rest of capital July 18, 2010 LONDON’S West End has seen an upsurge in high-end purchases, though shops in the area have bounced back at a slower rate than the rest of the capital. June sales in the West End shops rose 10 per cent on last year, compared to a 14.4 per cent rise in London and a 1.2 per [...]
London retail sales outpace UK thanks to sunshine and tourists July 19, 2009 RETAIL sales surged in central London last month thanks to the mini heatwave which sent shoppers racing for summer clothes, sandals and outdoor items, according to the latest survey from the British Retail Consortium (BRC) and KPMG. Research found like-for-like sales in June were 4.7 per cent higher than the same month in 2008 when [...]
CITY MOVES | WHO’S SWITCHING JOBS July 26, 2010 Deloitte The accountancy giant has appointed Nick Sanderson to head up its real estate corporate finance advisory business. Sanderson joins Deloitte as a partner from Japanese bank Nomura, where he was a managing director and head of real estate investment banking. He has also previously worked at Lehman Brothers and UBS and has 10 years [...]
Metro Bank targets 10pc of London market July 23, 2010 METRO Bank, which will be Britain’s first new High Street lender to launch in more than 100 years, has a long-term goal to grab up to 10 per cent of the capital’s retail and commercial banking market. “It is a reasonable aspiration to say that, after 10 years, we will have between five and 10 [...]
Metro Bank targets 10pc of London market July 23, 2010 METRO Bank, which will be Britain’s first new High Street lender to launch in more than 100 years, has a long-term goal to grab up to 10 per cent of the capital’s retail and commercial banking market. “It is a reasonable aspiration to say that, after 10 years, we will have between five and 10 [...]
CITY MOVES | WHO’S SWITCHING JOBS July 15, 2010 DFS The sofa retailer, which was recently sold by founder Lord Kirkham to private equity group Advent International for £500m, has ended its search for a new chief executive. Ian Filby has thirty years of retail experience, including a recent stint working as interim chief executive at Nectar. He was also previously retail brand development [...]
RETAIL BANK OF THE YEAR September 5, 2010 LIFE is still hard for banks, especially the high-street variety. One of our list is government-owned, others are engaged in a vicious fight to entice customers with tasty offers, and one is a brave and innovative newcomer. All are fascinating – and well-known – companies in this vital and fast-changing sector. Don’t miss the City event [...]
CITY MOVES | WHO’S SWITCHING JOBS August 30, 2010 Wiggle Andy Bond, the chairman and former chief executive of Asda, has joined the board of the online sports and cycling retailer as a non-executive director. Bond, who is a keen cyclist, joined Asda in 1994 as a marketing manager. He held various positions including chief operating officer and marketing director before winning the top [...]
FOCUS ON: WEMBLEY, HA9 August 26, 2010 CENTRAL APARTMENTS From £230,000 Ideal for first-time buyers, this new development comprises 113 apartments. All flats are open-plan and have their own balconies with views as far as the London Eye. Contact: St Modwen’s on 0844 371 1301, www.wembley-central.co.uk MIDHOLM £470,000 It’s in need of some modernisation, but this three-bed detached property is an ideal [...]
Chile’s business-minded president calls for free trade and innovation October 18, 2010 THE daring rescue of 33 miners against apparently impossible odds under the full glare of global media attention has helped Chile to capture the world’s imagination. The question for Sebastian Pinera yesterday was whether his country’s economic prospects are also bold and bright enough to make Chile attractive to European investors. The Chilean President’s long-planned [...]