Foxtons Gain In London Debut Marks U.k. Broker’s Turnaround
Celebrity Photos: September 2013 Sienna Miller attended the Burberry Prorsum Spring / Summer 2014 show at London Fashion Week in London on Sept. 16. Celebrity Photos: September 2013 Reese Witherspoon kept a low profile as she left the gym after a workout on Sept. 16, 2013 in Brentwood, Calif. Celebrity Photos: September 2013 Malin Akerman attended the 2013 Creative Arts Emmy Awards at Nokia Theatre L.A. Live on September 15, 2013 in Los Angeles, Calif Celebrity Photos: September 2013 Daniel Bruhl, Ron Howard and Chris Hemsworth posed during the photocall of the movie “Rush” presented in Rome on Sept. 14. Celebrity Photos: September 2013 Pregnant Jennifer Love Hewitt rocked a leather shirt while running errands in Studio City, Calif., on Sept. 13. Celebrity Photos: September 2013 Julianne Hough wore short shorts in NYC on Sept. 13. Celebrity Photos: September 2013 Drew Barrymore shopped at Barneys store on Madison Avenue in New York City on Sept. 12. Celebrity Photos: September 2013 Catherine, Duchess of Cambridge and Prince William, Duke of Cambridge attend the Tusk Awards in London on Sept.
Brokers Turnaround By Patrick Gower & Ruth David – 2013-09-20T16:00:23Z Stock Chart for Foxtons Group plc (FOXT) Foxtons Group Plc gained 16 percent on the first day of trading in London , marking a turnaround for the property broker three years after it was rescued by lenders when the housing market collapsed. The shares closed at 267 pence, giving Foxtons a market value of 753 million pounds ($1.2 billion). The London-based broker and its investors sold 390 million pounds of shares at 230 pence each, according to a statement today. Foxtons, known for the fleet of Mini Coopers used by employees to show homes to clients, is benefiting from Londons booming property market, where the average price of a home climbed 9.7 percent in July from a year earlier, according to the U.K.s Office for National Statistics. BC Partners Ltd. , which bought Foxtons in 2007, also sold shares in the IPO. House prices are above pre-2007 levels, said Anthony Codling, an analyst at Jefferies Group LLC. In a market with such strong fundamentals, people have got limited ways to access the U.K. housing market recovery. Investors committed to buying all Foxtons shares on offer on the first day that investors were allowed to buy into it, people with knowledge of the matter said on Sept. 10. Zoopla IPO? Zoopla Ltd, which operates a property website , is considering an IPO that could value the company at more than 1 billion pounds, the Sunday Times reported earlier this month. It would be a logical move for housing-market companies to accelerate listing plans, Codling said. BC Partners bought Foxtons, founded by Jon Hunt in 1981, for about 390 million pounds before losing control in 2010 after creditors reorganized the brokers debt.
Franklin and Arnold, hero and villain – in London
An original of his is still perched atop St. Paul’s Cathedral. During the home’s renovation, 26 layers of paint were removed to expose the color that was there in the 1750s, now dubbed “Franklin’s Green.” This color seems appropriate. Always a trendsetter, Franklin was “green” before it was cool. In London, he fine-tuned the energy-saving Franklin stove – during winter, he was in bed by 4:30 p.m., the better to cut down on candle usage. Franklin lived only a block from the Thames, not too far across the murky river from the tomb of the Revolution’s most notorious villain: Benedict Arnold. The American general plotted a handover of the fort at West Point to the British for a tidy sum of money, making his name synonymous with treachery. He moved to London after the war to evade capture, bringing along his young wife, Peggy Shippen, the daughter of a prominent Philadelphia judge and granddaughter of the founder of Shippensburg, Pennsylvania. The Arnolds lie buried in the crypt below St. Mary’s of Battersea, a Georgian-era stone church overlooking the Thames. Visitors can call the church to gain special access to the tomb.
NFL exec: Team in London ‘clearly’ not happening soon
29. The Jacksonville Jaguars who have agreed to play a “home” game in London each season through 2016 and could be the main target if the NFL considers moving a team face the San Francisco 49ers on Oct. 27. GOODELL: Speaks out on Goldson appeal Tickets for both games at Wembley Stadium, which holds 84,500 for American football, were virtual sellouts within two weeks, Parsons said. A restricted number of “season tickets” that gave fans tickets for both games were the first to go. “The data that we’ve collected over the past four years really has shown our fan base has grown exponentially,” said Parsons, a UK native who grew up listening to NFL games on Armed Forces Radio and has been working with the league for five years. “When we stack ourselves up against sports in the UK, depending on what metric you’re looking at, we’ve gone from well outside the top 10 to now inside the top 10 in terms of fan numbers and in terms of viewing figures.” Lester Bagley, the Vikings’ vice president of public affairs and stadium development, said data shows the fan base has doubled since 2007, with 11.3 million people in the UK (population: about 63.1 million as of the 2011 census) now identifying themselves as NFL fans. “There is a hardcore following,” said Bagley, who traveled with a group of Vikings officials for last year’s international series game between the New England Patriots and St. Louis Rams. “They love the NFL, and they love the real thing not preseason games, not World League of American Football. They love the real, competitive, intense drama of NFL football.” Parsons offered a more conservative estimate. But he confirmed the number of UK fans is in the “multiple millions” even when excluding those who, for instance, only watch the Super Bowl. “We really target in on those,” Parsons said, “and there’s well over 2 million of those that we’ve identified in the UK, and we have a significant proportion of those in our NFL database and we communicate with them frequently. We know a significant portion of those will also watch the games week-in, week-out, and buy all of our products.” The league also has offices in Canada, Mexico and China, plus a significant presence in Japan.