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From its beaches to its peaks, the city offers plenty of thrills for those of an outdoorsy persuasion
...The UK’s accounting watchdog is in talks to move its headquarters out of the City of London to Canary Wharf or Stratford, as its plans to relocate staff to a second office in Birmingham face delays....
...Moody’s is to leave its office in Canary Wharf in favour of new premises in the City, making it the latest high-profile financial tenant to abandon London’s Docklands for the Square Mile....
...It is also performing well, with management saying Douglas is on track to achieve a midterm target sales growth of around 7 per cent and an EBITDA margin of around 18.5 per cent....
...For CVC Capital Partners the prospect of listing retailer Douglas on the Frankfurt stock exchange is light at the end of the tunnel, following almost a decade’s ownership of the premium beauty group whose...
...Trading volumes are sinking, initial public offerings are scarce and some of its biggest companies prefer the appeal of the US....
...Douglas generated net sales of €4bn and underlying profits of €725mn in the financial year to the end of September. Net debt was €3.4bn....
...Today IT again has a weighting of around 29 per cent of the index. The top 10 largest companies include all of the Magnificent Seven....
...Rolls-Royce’s market cap of about $32bn is dwarfed by $356bn for the Bagsvaerd-based company, according to LSEG data....
...back to the start of the city’s story....
...Take the news that CVC, which owns 85 per cent of beauty retailer Douglas, is set to be a buyer, rather than a seller, in the upcoming IPO....
...After five years of ownership, CVC still owned Douglas when the pandemic hit....
...Douglas FrenchMP for Gloucester 1987-97Poole, Dorset, UK...
...Set in 2020, during the first lockdowns in New York City, this “multi-voiced novel” is in essence a collection of short stories, each written by an American or Canadian author....
...the City has shifted....
...The city had an influx of wealth and business during the coronavirus pandemic, in part because of its favourable conditions for companies and high earners....
...The median sales price for a Manhattan apartment was $1.15mn in the fourth quarter, according to real estate agency Douglas Elliman....
...Zillow and Douglas Elliman each fell more than 13 per cent on the day. Central banks in the US, UK, Japan, Australia and Mexico all announce interest rate decisions next week....
...However, the announcement of the Douglas listing, as well as Puig’s plans and UK buyout firm Permira’s exploration of a listing for luxury Italian sports shoe company Golden Goose, has raised hopes that...
...The co-founder and former director of Seven Investment Management sat down with host Claer Barrett to recount his decades-long City career, during which time the ability for retail investors to put their...
...After careful diligence, we have narrowed down the best spots in the City (or within reasonable walking distance) for a satisfying salad lunch....
...I visit a lot of different cities for work and nothing beats my hometown....
...But here’s something few Parisians will admit: the city is approaching a new zenith of glorious liveability....
...This is an audio transcript of the Money Clinic podcast episode: ‘Investment Masterclass — An insider’s view of the City of London’ Claer Barrett Hi, it’s Claire here....
...Parts of South Africa’s largest city have been without running water for almost a fortnight, a reminder to voters of the parlous state of the country’s infrastructure just two months out from a general election...
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