Will London feel the ‘boomerang’ effect?

The continued weakness of sterling is having a real impact on the thousands of overseas workers who are based in London. When the pound dipped in value by around 20% immediately after the EU referendum last summer, it had a proportionate effect on the value of the money that non-UK workers repatriate to their native […]

Why did the chicken cross the road?

Given the phenomenal success of KFC and Nando’s, it’s always been something of a conundrum as to why there hasn’t been a greater proliferation of chicken-based dining offers. That is now changing – particularly in London – with a flock of new concepts. Despite the recent food processing health scare about the chlorine-washing of chickens, […]

Holiday money

Not that long ago if you were heading off on holiday and were at an airport, port or train station with time to kill and money in your pocket, the options were fairly limited. There’d be a newsagent, tourist gift shop, some – often uninspiring cafés – and duty free if you were about to […]

Airbnb: becoming an unwanted guest?

Airbnb is a phenomenon which has changed our attitudes to finding accommodation for everything from a one-night business trip right through to a luxury fortnight in the Caribbean. But is it outstaying its welcome? That it’s been a huge success is incontrovertible. Last year, nights booked in London through Airbnb rose by 130% to 4.62m. […]

Repairs may mean a rating windfall

So far, the Rating Revaluation has been mostly bad news for commercial property occupiers but a recent Supreme Court decision has provided some light relief (if you’ll pardon the pun). One of our clients was carrying out repairs to an office building at the time of the Valuation Date. In 2015, works to refurbish the […]

Your new flexible friends

Back in the 1970s, one of the UK’s first credit cards – Access – launched into the market with the claim that it was your ‘flexible friend’. There was no need to pay today; no need to use cash; it was a payment method that suited your needs. Many London landlords are now also projecting […]

We’re all going on a summer (rates) holiday

Londoners own more UK second homes than any other metropolitan population in the country. In the age of Airbnb, a great deal of these owners rent out their second homes when they are not using them. The very good news for them is that the Government’s Business Rates System is giving them collectively a windfall […]

Industrial waste

Great cities are machines which need different components to function. Homes, offices, shops, schools, and places of leisure are all integral but so are the industrial estates where a myriad of processes are carried out which keep the city working. Everything from dry cleaning to panel beating and sandwich making happens in a city’s ‘industrial’ […]

A new style of shopping

The phrase retail maison sounds rather retro – like something from the Golden Age of French fashion when Coco Chanel, Christian Dior and Yves St Laurent reigned supreme. However, retail maison is actually a description of one of the latest innovations that is bringing the worlds of physical and digital shopping closer together. – […]

The City isn’t just about finance

The prospect of financial institutions moving staff out of London as a consequence of a Brexit has raised concern about office demand – especially in the City. However, the reality is that the City’s principal reliance on banking and finance has been shifting steadily ever since the collapse of Lehman Brothers in 2009. After the […]