Overseas Investors Bought Half Of New Homes In Best London Areas
Jaguars to play ‘home’ game in London in 2014, NFL confirms
Photographer: Chris Ratcliffe/Bloomberg People living outside the U.K. accounted for about half of all new home purchases in Londons best neighborhoods as affluent investors sought a safe haven from turmoil in the Middle East and Europes debt crisis. Foreign-born buyers, including those living in the U.K., made 69 percent of new-home purchases in Londons prime areas in the two years through June, while those living abroad bought 49 percent of the homes, Knight Frank LLP said in a report today. About 28 percent of those who bought central London homes worth 1 million pounds ($1.6 million) or more in the year through June dont live in the U.K., the broker said. The majority of demand for new-build property in London from overseas remains focused on the relatively small and concentrated market made up of the central London postcodes, Liam Bailey, London-based Knight Franks global head of residential research, said in the report. Overseas investors are buying real estate in the U.K. capital to preserve wealth as political and economic tension roils their homes markets. Savills Plc (SVS) and Knight Frank forecast in July that luxury-home values in districts such as Mayfair, Belgravia and Knightsbridge would rise 6 percent this year. Most of the overseas buyers are from Europe, the Middle East and Russia, Knight Frank said, without being more specific. British residents bought 85 percent to 90 percent of all new homes sold in Greater London in the two years through June, the broker said. To contact the reporter on this story: Neil Callanan in London at firstname.lastname@example.org To contact the editor responsible for this story: Andrew Blackman at email@example.com
Kawakami: London calling Raiders could only happen post-Al
In London’s fast moving culinary world, the moreish mash-up has already made its way from back-street bakery to high-rise dining. At the Duck and Waffle restaurant, located on the 40th floor of the new Heron Tower sky scraper in the City of London, a Dosant has been added to the Sunday brunch menu. More recognisably a croissant, the Dosant is deep fried, rolled in caster sugar then stuffed with Chantilly lemon custard and sprinkled with chocolate. Jennifer Rinkoff of the Rinkoff Bakery poses with a tray of Crodough, a cross between a croissant an For those who can stomach its sickly sweetness, this heart-attack-inducing pastry has the lure of exclusivity. “There were lots of friends and bloggers and people like that who really wanted to try it but weren’t in New York,” said executive chef Daniel Doherty. “We do a limited number, first come first serve. It’s through Twitter and Facebook and things like this — it makes people feel in the know and part of something.” Hybrid treats are also sold at Bea’s of Bloomsbury alongside brightly-coloured cupcakes, another US import, made popular by the hit sitcom “Sex in the City”. There is the Townie, a tart-slash-brownie, as well as a Duffin, a muffin-cum-doughnut filled with fresh jam, dipped in butter and coated in sugar. “There are die-hard Duffin fans who come in for their fix every morning — and the Townie is more of an afternoon treat,” said Courtney King, manager of the Bea’s tea-room, near St Paul’s Cathedral. If final confirmation were needed that the hybrid is here to stay in Britain, Starbucks UK has introduced its own Duffin while Greggs, which has 1,600 bakeries across the country, sells a Cronut dubbed…. the Greggsnut.
Add in St. Louis’ 7-8-1 record last season, while “hosting” a game in London, and here’s the stark record of teams that gave up a home date for an international game in the season they did it: Teams that give up a home date for an international game have gone on to post a combined 34-72-1 record in those seasons. (Hey, good luck to Minnesota and Jacksonville, the two London “hosts” this year, and their coaching staffs this year!) It is, as I’ve always pointed out, partly self-fulfilling, because the teams that accept losing a home date are traditionally the weaker teamsyou never see Dallas, the NY Giants, Seattle, Washington or New England even asked to give up a home date. You do see stronger teams go to London as ROAD teams, but that’s a different case: -It’s a road game, so you’re getting on a plane, anyway, just traveling to Europe, instead, and you still have all 8 home dates. Powerful owners feel like they’re doing their service to the league by taking a road trip to London, NOT by surrendering a home date. (New England has been the road team in London twice, the NY Giants once, the 49ers are this year. (The 49ers accepted the designed “host” role in 2010, partly because John York was head of the NFL International Committee back then and needed to take one for the league and probably partly because the 49ers didn’t know any better back then. You think Jim Harbaugh would sign off on losing a home game ever? Zero chance. Same situation/approach as Al D, I’m sure.) No, it’s the weaker teams take the deal to lose a date and take the cash. Then they find their seasons destabilized by having to take the long extra trip in the middle of a season. Things unravel, players get fatigued, they don’t have that one more home game that could turn the tide. The Rams actually were a huge over-performer against this model by going 7-8-1, but some of that is explained by the arrival of Jeff Fisher a strong first-year coach who A) wasn’t going to let things get destabilized and B) wasn’t going to get fired no matter what, so an exhausted locker room couldn’t/wouldn’t turn on him. By the way, one of the first things Fisher did in St.
A Crodough with your tea? London eats up new baking craze
The National Football League will stage three regular-season games in London next year as part of a push to grow its international fan base, the league said on Tuesday. The Jacksonville Jaguars , Atlanta Falcons and Oakland Raiders will each play a “home” game at Wembley Stadium. It will mark the biggest slate of NFL games played abroad in one year. “Our fans in the UK have continued to demonstrate that they love football and want more,” NFL Commissioner Roger Goodell said in a statement. Also Jaguars-Broncos game Sunday sets NFL record for point spread “Both of this year’s games in London sold out quickly. The fan enthusiasm for our sport continues to grow. By playing two games in the UK this year, we are creating more fans. We hope that with three games in London next year we will attract even more people to our game.” Dates of the games and opponents for each club will be announced later this season. London is staging two games this season for the first time, with the Jaguars hosting the San Francisco 49ers on Oct. 27. Last month the Minnesota Vikings beat the Pittsburgh Steelers 34-27 at Wembley. The NFL first played a regular season game at Wembley in 2007 and the annual fixture has attracted near-sellout crowds with an average attendance of more than 80,000. (Writing by Justin Palmer; Editing by Frank Pingue)