Under-fire HS2 says it will create 15,000 jobs by 2020 September 13, 2018 HS2, the under-fire high speed rail line that will link London to the North, has said it will create 15,000 jobs by 2020 at 30,000 at "peak construction". The company said the £56bn project had already supported over 7,000 roles and that construction, starting next year, would support as many as 30,000. The first phase of the [...]
Rental rises on London’s horizon as properties on the market slip while tenant demand swells September 13, 2018 London rents are project to creep back up following months of decline on the back of growing tenant demand and a drop in the number of properties coming onto the market. According to a closely-followed survey from the Royal Institution of Chartered Surveyors (Rics) out today, five per cent more respondents expected rents to rise [...]
Trump signs order to allow sanctions for US election meddling September 12, 2018 President Donald Trump has signed an executive order to allow sanctions for US election meddling. Read more: JP Morgan boss Jamie Dimon claims he could beat Trump in an election The order is intended to protect the United States from interference in elections by setting out a process to punish foreign governments or individuals that attempt [...]
Premiership takeover: A sports lawyer explains the questions rugby union clubs are pondering September 12, 2018 The shareholders of Premiership Rugby Ltd agreed on Tuesday that the sale of a majority stake to global private equity firm and former Formula One owners, CVC Capital Partners, is not their “preferred option”. The deal would have seen CVC purchase a 51 per cent stake in the Premiership for a reported £275m. The result [...]
Trevor Steven: Marcus Rashford shows England’s youngsters are being held back by lack of game time September 12, 2018 Marcus Rashford scored both goals and was the stand-out player in England’s defeat by Spain and win over Switzerland, but his performances also served to underline a growing problem. Rashford is undoubtedly a talent, but he doesn’t get on the field enough. He’s in a difficult situation at Manchester United: he’s not going to get [...]
Oil prices break $80 per barrel mark as Hurricane Florence helps create the perfect storm September 12, 2018 Oil prices have risen above $80 per barrel for the first time since July as US crude inventories dropping, impending sanctions against Iran, and Hurricane Florence created a perfect storm. The price of Brent Crude oil rose to $80 per barrel, its highest since the middle of July and close to a three-year high. The [...]
Erdogan appoints himself chairman of Turkey’s sovereign wealth fund September 12, 2018 Turkish president Recep Tayyip Erdogan has appointed himself chairman of country's multi-billion-dollar sovereign wealth fund as he extends his powers of executive presidency. In a major overhaul, President Erdogan has also named finance minister Berat Albayrak – his son-in-law – as his deputy, after criticised the Turkey Wealth Fund last year. It comes after he [...]
Five-a-side football firm Goals posts loss after snow and rescheduling hits sales September 12, 2018 Five-a-side football operator Goals Soccer Centres has recovered from bad weather and a slump during the World Cup to return to growth. The company, which operates 49 sites including three in the US, said it swung to a £1.1m loss in the first half of the year – compared with a £2.6m profit the previous [...]
Discover Pullman hotels and resorts September 10, 2018 | Sponsored With over 120 stylish properties worldwide in cities including Paris, Shanghai, Berlin, London and Sao Paulo, Pullman puts their guests right where they expect to be. And they want to share the Pullman experience with City AM readers in our exclusive competition. One lucky winner will win a two night stay for two including [...]
The winners of the 2018 Wealth & Money Management Awards September 10, 2018 | Sponsored Imperium Investments have received two awards at the 2018 Wealth & Money Management Awards. The company received the title of Best Wealth Management Firm – South-East England. They also received the Award for Excellence in Social Impact Initiatives. Returning for the 5th consecutive year, the 2018 Wealth & Money Management Awards are dedicated to rewarding [...]