Jordan B Peterson interview: The unlikely conservative superstar on the high price of fame, causing offence and THAT interview with Cathy Newman July 5, 2018 Professor Jordan B Peterson’s apartment smells of meat. It’s 8am and his wife, Tammy, is fastidiously slicing a pile of steaks, frying them, and shovelling the unadorned results into a stack of Tupperware containers. It was Tammy, his childhood sweetheart who now works full-time for Peterson PLC, who greeted me when I arrived at his [...]
It’s official: A £90m Knightsbridge flat is the most expensive home on record August 31, 2017 The £90m purchase of an apartment in Knightsbridge is the most expensive residential property transaction ever recorded by the Land Registry, it turns out. Capital FM owner Ashley Tabor bought the massive four-bedroom penthouse flat at 199 Knightsbridge in April this year, with plans to knock it through into the apartment he owns next door [...]
Six charts showing what the Brexit vote has done to UK house prices July 18, 2017 When the result of the EU referendum came in, the housebuilding sector was one of the FTSE's hardest-hit groups, as investors panicked about what would become of the UK's housing market. A year on, and analysis by PwC suggests things haven't been quite as bad as expected: house prices will grow at an average rate [...]
Harrods Bank sold to digital challenger Tandem | City A.M. August 7, 2017 The banking arm of luxury department store Harrods has been sold to digital challenger bank Tandem in what’s understood to be a multi-million pound deal, City A.M. can exclusively reveal. The Harrods Bank brand will disappear as Tandem takes over the loss-making bank’s business, including loans, savings and current accounts. The deal is a left [...]
This tiny London garage sold for more than the price of the average house May 10, 2016 A tiny garage in west London is the latest sign of the ridiculous scramble for prime property locations in the capital, after being bought up for more than the price of the average home in the UK. The 18ft by 35ft spot in Hammersmith and Fulham smashed the already rather steep £250,00 guide price, the Guardian reports. It went for [...]
Focus On Orpington: Developers are starting to show an interest in this well-connected town in Zone 6 June 16, 2017 When house-hunting in London, the sleepy town of Orpington may not be high up your list. But there are many reasons why it should be, not least because its house price growth is among the fastest in outer London. According to estate agent JLL’s London Residential Heat Map, house prices in the BR6 postcode grew [...]
Endless buys struggling iconic luggage brand Antler from private equity firm LDC July 26, 2017 Private equity house Endless, which specialises in moving businesses on after a challenging period, has bought struggling luggage retailer Antler from fellow firm LDC. Since LDC invested in the business in 2010, Antler has been through some tricky periods. In its last filed accounts, for the year ending December 2014, the company made an operating [...]
What the City needs to know about Mifid II: The landmark legislation coming into force next year October 31, 2017 City A.M. answers vital questions about Mifid II, the EU legislation coming into force in 2018. What on earth is Mifid II? Depending on who you speak to, Mifid II (or the second Markets in Financial Instruments Directive) is either a welcome piece of securities market reform or the worst change to hit the City [...]
Fears rise on £200bn debt pile as Moody’s warns Britons may be borrowing too much July 31, 2017 Rising levels of household borrowing at a time of macroeconomic weakness will cause Britons to struggle with loan repayments, according to influential ratings agency Moody’s, as consumer debt rose back over £200bn. Moody’s has changed its collateral outlook on two of the UK’s structured finance sectors to reflect the declining ability of Britons to make [...]
How Gin took over the world: It’s selling in record numbers with little sign of slowing down, but could the bubble be about to burst May 3, 2018 From Dalston dives to The Rivoli at the Ritz, people are drinking juniper-flavoured ethanol in record numbers. Last year more than 50m bottles of gin were sold in the UK for the first time, with £1.2bn in sales, up from £600m in 2011. That’s more than a billion gin and tonics. And while the best-selling [...]