Punctured biking market prompts Evans Cycles owner to pump up investment August 14, 2016 Punctured sales in the UK's "difficult" bike market have prompted Evans Cycles' majority shareholder to pump more cash into the chain. ECI Partners, which bought Evans in a deal last year for an undisclosed sum, has "invested additional funds" into April Topco, the company through which it owns Evans, to cut bank debts and provide additional liquidity. [...]
Focus On Peckham: How it went from Only Fools fame to be the first time buyer capital of London November 25, 2016 Whatever you think about 2016, it’s been a billboard year for Peckham. Two large houses near Peckham Rye station sold £2.5m this year, a record price for the area, firmly cementing SE15’s fast-growing reputation as a desirable place to live. It’s not bad for an area that is embedded in the national psyche as the [...]
Slim cyber silver lining for Barclays as the lender’s techies flee Brexit all-nighter for the Cyber Security Awards June 27, 2016 Not everyone at Barclays is having a bad start to the week. Suffice it to say, things aren't going well for the lender right now. It was suspended from trading on Monday after share prices fell more than 18 per cent as the fallout from last week's Brexit vote continues. As most financial services firms watched the results come in on Thursday with baited [...]
Center Parcs to launch its first village outside of the UK July 27, 2016 Activity holiday group Center Parcs is gearing up to launch its first site outside of the UK in 2019. Center Parcs has gained planning permission for its 395-acre "village" in County Longford, Ireland. It will have a capacity for up to 2,500 guests and is expected to generate 750 jobs during construction and provide 1,000 permanent jobs once it [...]
New homes on sale in London this weekend: from Old Street’s industrial warehouses to family homes in Wimbledon Village August 18, 2016 City Wharf, Old Street From £770,000 Ten two bed apartments have been released for sale in this completed development on City Road. It’s in the heart of Tech City, which has just received a £25m boost from central government. In total, there are 64 studios to three bedroom apartments in the scheme overlooking the 19th [...]
Focus On Barking: Will Khan’s approval for ‘Barcelona-on-Thames’ change the landscape of east London? September 16, 2016 It’s not often Barking – an industrial suburb of east London – finds itself in the spotlight. But that’s exactly what happened this month when Mayor of London Sadiq Khan approved “one of the largest and most ambitious regeneration schemes in Europe” on the north bank of the Thames. Barking Riverside, as it’ll be known, [...]
Canary Wharfers’ favourite dating app is taking a leaf out of Grindr’s book May 17, 2016 Keep your eyes peeled for covert meet-ups in Canary Wharf this week. Dating app Happn, hugely popular with suited workers in the Docklands, has unveiled a new feature called "See You There". The app, which lets singletons connect with people they’ve crossed paths with in real life, has launched the feature to actively encourage more meet-ups [...]
Fintech Week 2016: London Fintech Week is back, and this time it’s going to be bigger than ever June 22, 2016 Fintech Week returns to London next month. Event founder and entrepreneur Luis Carranza told The Capitalist that this year is going to be bigger than ever. The Financial Conduct Authority’s data chief Nick Cook and Passion Capital founder Eileen Burbidge are offering pearls of wisdom on the world of financial technology to a mix of [...]
Focus On Herne Hill: House prices rise 12 per cent year-on-year in Brixton’s genteel neighbouring town October 21, 2016 Without a doubt Brixton’s greener neighbour, Herne Hill is also seen historically as Brixton’s more genteel neighbour. In the mid-19th century, this well-heeled south London suburb was home to mainly large, upper class “country” estates and revered members of high society – such as art critic John Ruskin – grew up there. These days, past [...]
Canary Wharf takes over from Tech City and Silicon Roundabout as London’s hottest Fintech spot September 28, 2015 Much has been made of Silicon Roundabout and Tech City's abilities to crank out tech "unicorns" – but there's a new neighbourhood in techland, and it's muscled in on the areas' fintech sectors. Yep – according to property giant CBRE, Canary Wharf is the new epicentre of London fintech, with 13 of the capital's 140 [...]