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April 2008

Govt has underestimated "continuing risks" to economy | 08 Apr 2008 Govt has underestimated

The government has underestimated the continuing risks of financial market turbulence in its growth predictions, the Treasury Committee has claimed.It said the Treasury’s growth forecasts used for the latest fiscal ......

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Plans for Chelsea Barracks revealed | 08 Apr 2008 Plans for Chelsea Barracks revealed

CPC Group and Qatari Diar have submitted their planning application for the redevelopment of Chelsea Barracks.The purchase of the Ministry of Defence (MoD) site in November marked the first European ......

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Financial sector faces recruitment slowdown | 08 Apr 2008 Financial sector faces recruitment slowdown

Global financial sector recruitment faces a slowdown, according to a leading recruitment firm.UK company, Michael Page, reported a 33 per cent growth in profits in the first quarter of 2008 ......

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ISA not so good | 07 Apr 2008 ISA not so good

Funds that invest in ISAs have returned poor results and lost up to 40 per cent of their value, the Telegraph has reported.It claimed six months of volatile stock markets ......

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Clive House sells to German fund manager | 07 Apr 2008 Clive House sells to German fund manager

Clive House was sold by Land Securities to German fund manager Real IS, PropertyWeek has reported.The building is currently let to the Department for Constitutional Affairs, which pays rent of ......

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Rate predictions leave banks divided | 07 Apr 2008 Rate predictions leave banks divided

Financial experts remain divided about the Bank of England's next interest rate decision.Its monetary policy committee is under pressure to further cut rates, although of eight leading financiers polled, two ......

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Slow down 'to be expected' | 07 Apr 2008 Slow down 'to be expected'

A slowdown in the rate of decline of capital values in the commercial property market is to be expected, a leading property economist has claimed.Ed Stansfiel from Capital Economics explained ......

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Office take-up is down | 04 Apr 2008 Office take-up is down

The financial sector's take-up of commercial property in London is downdue to the on-going credit crunch, a new report has shown.Analysis firm, Atisreal, has revealed that banking and financialcompanies only ......

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Bank of England warns: credit squeeze will intensify | 04 Apr 2008 Bank of England warns: credit squeeze will intensify

The Bank of England has warned the credit squeeze is set to worsen.Its quarterly credit survey has revealed that lenders are increasingly nervous over the economic outlook and are expected ......

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Cheaper rents in 2008 | 04 Apr 2008 Cheaper rents in 2008

Rents are set to fall this year, according to one City analyst.The prediction from Lehman Brothers analyst, Mike Prew, was in a research note he released on the sector, seen ......

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