Former Arsenal shareholder settles lawsuit with Deloitte and Linklaters August 22, 2018 Former major Arsenal Football Club shareholder Lady Nina Bracewell-Smith, has settled a lawsuit with her advisers over the sale of her shares in the club in 2011 to US businessman Stan Kroenke. Bracewell-Smith accused magic circle law firm Linklaters and Big Four accountant Deloitte of negligence in relation to the sale of her 15.9 per cent stake [...]
Picture this: Art-enriched offices make us more productive October 17, 2018 Some say a picture is worth a thousand words, but I like to think that art holds the key to unlocking a more productive economy. Recently, Frieze – which is one of the biggest events in the cultural calendar – saw the art world’s elite descend upon the capital. It’s a time of year when [...]
Hostel market showing ‘early signs of success’ as customer base broadens beyond backpackers September 25, 2018 One of the UK’s leading premium hostel operators reported a 60 per cent rise in revenues in the six months to the end of June, in the latest sign of the growing demand among families and business people to a market traditionally dominated by young backpackers. Safestay, an emerging high-end owner of hostels in Europe, [...]
Administration filings tumble despite major retail insolvencies August 18, 2018 The number of firms falling into administration fell dramatically in the second quarter of the year, despite a series of high profile insolvencies hitting the headlines in recent months. A total 302 companies entered administration in the three months from April to June, marking a 13 per cent fall from the previous quarter. However, the figure [...]
House transactions slide lower amid ‘stagnant’ property market August 21, 2018 The number of houses being bought and sold edged further down last month, as fears of a stagnant property market continue to loom large. Residential transactions were 3.2 per cent lower in July 2018 compared with the same month last year, according to the latest data from HMRC’s property transaction statistics. Read more: There is [...]
Relocation, relocation, relocation: Cheaper houses lure record number of Londoners north August 27, 2018 The rate at which Londoners are quitting the capital’s housing market to relocate up north has more than tripled in the last decade, according to research from estate agent Hamptons International. Around 21 per cent of Londoners who left the capital in the first six months of the year moved to the Midlands and north [...]
Outdated research is driving markets towards a pedestrian investment environment September 18, 2018 The equity research industry has had to contend with a wave of changes over the past few years. The growth of passive investing, increased in-house research capabilities, and new fintech challengers have all placed significant strains on the business model of a traditional equity analyst. It was the implementation of the revised Markets in Financial [...]
Outdated research is driving markets towards a pedestrian investment environment September 18, 2018 The equity research industry has had to contend with a wave of changes over the past few years. The growth of passive investing, increased in-house research capabilities, and new fintech challengers have all placed significant strains on the business model of a traditional equity analyst. It was the implementation of the revised Markets in Financial [...]
Cast away: divorced men responsible for rising tide of houseboat demand August 5, 2018 The blazing summer has added to attractions of life on the water, and enabled houseboat sales to escape the wider slump in the capital’s residential property. “It’s been a bumper year for houseboats,” said Lana Wrightman, spokesperson for London’s largest waterside property estate agent, Riverhomes. “It’s like musical chairs trying to keep up with demand. [...]
The US Embassy is throwing its doors open to the general public for the first time as part of Open House London this weekend September 18, 2018 Few Londoners can have failed to notice that there’s a new United States Embassy in town. Firstly, it’s hard to miss. The enormous glass cube is currently the most striking landmark in Nine Elms, a post-industrial stretch of riverbank that’s still very much a work in progress. Those who don’t visit Wandsworth very often may [...]