City Moves for 7 August – Who’s switching jobs at Oaknorth, Harworth and Adarga? August 7, 2019 Today’s City Moves includes Oaknorth, Harworth and Adarga. Oaknorth Next-generation credit platform Oaknorth has announced the appointment of Jackson Hull as its chief technology officer and chief operating officer. Jackson will be responsible for Oaknorth’s architecture and product programme, as well as its product and engineering teams. He will also be in charge of the [...]
FTSE 100 breaks 6,000 barrier as vaccine hopes and Fed pledge boost markets May 18, 2020 The FTSE 100 broke through the 6,000-point milestone in a positive start to the week’s trading today, buoyed by hopes of a vaccine and more Federal Reserve stimulus. Easing lockdowns and lower infection rates in Europe infection hotspots Italy, the UK and Spain also boosted London’s blue-chip index. The FTSE 100 closed 4.5 per cent [...]
Theresa May’s rule change kicked foreign graduates like me out – now Boris is reversing the injustice September 13, 2019 It is easy to poke fun at wonks who love public policy. Digging down into the specific details of the Common Agricultural Policy, stamp duty land tax, or the Swiss healthcare system doesn’t always make for sexy headlines or punchy commentary. But what the wonks know, which is so often overlooked, is that even if [...]
British Land and Oxford Properties have sold the Cheesegrater for £1.15bn March 1, 2017 British Land and Oxford Properties have exchanged contracts for the sale of the Leadenhall Building to C C Land for £1.15bn. Shareholders of the Hong Kong-listed C C Land must now approve the sale before it can be completed. Tim Roberts, head of offices and residential, British Land, said: "British Land and Oxford Properties took [...]
What does Britain need? More robots October 17, 2019 On Monday, the Queen’s Speech set out the government’s legislative plans, starting with tackling all things Brexit, before laying out a radical programme to shake the country out of its current torpor. Leaving aside whether any of this legislative programme manages to get through parliament, I would argue that one of the most critical issues [...]
The Brexit hysteria is misplaced – humans have always adapted and moved forwards August 21, 2019 There is a profound oddity about the whole of the Brexit process which rears its ugly head on a continual basis – namely the desire of certain commentators and politicians to talk down every development in this long-running national saga as being inevitably likely to lead to national ruin. And not just any common or [...]
Heathrow expansion is taking off – now let’s inject some competition into aviation June 25, 2019 It is an airport running at full capacity – and has been for years. Now at last, with the parliamentary approval of a new runway and the release of competing development plans, Heathrow expansion is back on the menu, boys. One of the contenders to be the next Prime Minister, Jeremy Hunt, is a firm [...]
Don’t ignore your opponent’s ideas — you could learn from them December 13, 2019 UK politics is a machine for killing good ideas. It’s brutal, adversarial, and first past the post. Our party-bound MPs almost never ask the only question that matters: based on the facts, what is best for the country? Imagine that your company has a complex problem. Three of you work up ideas to solve it. [...]
British Land’s share price falls as occupancy rates dip January 19, 2017 British Land's share price fell today after it said that its occupancy rates have fallen, with tenants signing up for shorter leases. In its third quarter trading update, the commercial property giant reported a 97 per cent occupancy rate, with an average lease length of eight years. However, this compared to an occupancy rate of 98 [...]
For sale: The Cheesegrater – as British Land comes closer to flogging the Leadenhall Building for £1bn February 28, 2017 One of London's tallest buildings has been put up for sale by its owners – with reports suggesting it could go for as much as £1bn. British Land said this morning it is in "advanced discussions" regarding a sale of the Leadenhall Building, aka the Cheesegrater. Property bible CoStar said British Land had instructed agents to [...]