Tag: London

• Tuesday, July 5th 2011 - 19:00 UTC

  Statue of President Reagan, crucial ally of Mrs Thatcher, unveiled in London

  

  A statue of former US President Ronald Reagan has been unveiled at a ceremony outside the American embassy in central London. The invited guests include former UK Prime Minister Baroness Thatcher - who was a close ally of Reagan when they were both in power in the 1980s.

• Friday, May 27th 2011 - 12:38 UTC

  Impact investment fund targeting low-cost housing in Brazil launches in London

  

  Origen Private Equity Ltd., a boutique investment firm headquartered in London, is launching in June what is set to be the first impact investment fund developing low-cost housing in north-east Brazil in conjunction with the Brazilian government's Minha Casa Minha Vida programme.

• Sunday, May 22nd 2011 - 23:54 UTC

  Spain’s Mr Zara is buying one acre site in London’s West End for £ 220m

  

  Spain’s Amancio Ortega, the co-founder and former chairman of retail giant Inditex, is splashing out on a 1 acre “island site” on London’s Oxford Street for around £220m according to Property Week.

• Sunday, May 22nd 2011 - 23:41 UTC

  Ukraine’s richest man pays highest price for London residence: £ 136.4 million

  

  Ukraine’s richest man, Rinat Akhmetov, has paid the highest price for a UK residence, buying an apartment in the One Hyde Park development in Knightsbridge. Land Registry documents show that two properties on the seventh and eighth floor of the luxury development have been bought by a single buyer, the total consideration amounting to £136.4m.

• Tuesday, May 10th 2011 - 20:53 UTC

  Memorials in London, Cambridge and Falklands remember Britons lost in Antarctica

  

  Two memorials dedicated to Britons who lost their lives in the service of science in Antarctica are unveiled this week. Since 1948, a total of 29 people have died in the British Antarctic Territory, one of the most extreme, inhospitable and uncharted places on Earth.

• Monday, April 4th 2011 - 06:57 UTC

  “London and New York, two biggest laundries of criminal and drug money”

  

  Martin Woods, a former senior anti-money laundering officer at the London office of Wachovia Bank says that New York and London have become the world's two biggest laundries of criminal and drug money, and offshore tax havens.

• Sunday, March 27th 2011 - 04:43 UTC

  Massive march in London to protest planned measures to cut budget deficit

  

  In possibly the biggest protests since those against the Iraq war in February 2003, organizers say up to 250,000 people took to the streets of London on Saturday to show their frustration with planned austerity measures designed to cut a record budget deficit.

• Thursday, March 10th 2011 - 06:56 UTC

  London with no Argentine ambassador until at least 2012 to protest Falklands’ oil round

  

  The Argentine legation in London will remain without an ambassador until at least the end of President Cristina Fernandez de Kirchner four year mandate next December, confirmed diplomatic sources in Buenos Aires. The decision was originally taken to protest the current (second) round of oil exploration in the Falkland Islands’ waters.

• Thursday, February 17th 2011 - 22:50 UTC

  London beats New York, Tokyo and Paris as the leading shopping city

  

  London has beaten New York, Tokyo and Paris to become the world's highest grossing shopping city.
  The UK capital, which boasts more big-name stores than any other, had the highest retail sales last year, with shoppers spending £62.4billion.

• Friday, November 12th 2010 - 17:41 UTC

  UK holidaymakers moving out of Euro zone to Eastern Europe

  

  It wasn't just the rain-swept, cold day in London that was sending a chill wind down the back of tourism bosses from Western Europe. As heads of the global travel industry met for their annual gathering at the giant World Travel Market (WTM) 2010 event, the damage being caused by the continuing high value of the Euro was the dark cloud hanging over the representatives from Euro zone nations.