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George Osborn introduced a new seven per cent stamp duty rate on £2 million plus homes. It will hit home-buyers in London and far beyond the affluent areas in the city’s centre. The new band – immediately dubbed the ‘’Chelsea Charge’’ will add £40,000 to the cost of buying a £2 million property, bringing the total tax bill to £140,000....
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In total there are 200 eggs each around 2 ½ foot in height and the eggs are designed and decorated by artists and designers, all of these eggs will be ‘hidden’ around central London. Each egg holds a unique code which, when texted to the number provided via SMS, provides one entry to win the Diamond Jubilee Egg by Fabergé (on display at the Faberge store at 14A Grafton Street, WIS 4ET )....
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The Skillsmart Retail Rising Stars Awards are designed to recognise the best talent in all areas of retail. This year`s academy will take place in Grosvenor House Hotel in London`s Mayfair and will be attended by top names in retail, including Dragons` Den star and chairman of Ryman, Theo Paphitis....
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The Little Britain star, David Walliams and Lara Stone jetted back to London to celebrate the comedian`s 40th birthday at Scott’s restaurant. Close friends such as singer Natalie Imbruglia, Gary Barlow and presenter Jonathan Ross accompanied the star to celebrate the occasion with champagne and oysters....
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Legal firm Edwards Duthie has been instructed by Colonel Gaddafi to regain its frozen assets in the UK, including £300m of London commercial property. The assets are understood to include a 3.01% stake in Pearson, owner of the Financial Times, as well as a conservatively estimated £300m of commercial property in the City and in Oxford Street, London, and a £10m mansion in the capital....
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The site at Arlington Street owned by property developer John McCabe is expected to be sold and used to pay part of the company’s debts to the Irish bank. According to the company`s last accounts, McCabe Builders owed the banks €200m. The site at Arlington Street is earmarked to be developed into seven large apartments that could sell for as much as £500,000 (€570,000) each....
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Parisian catwalk designer Isabel Marant is opening her first UK store on Bruton Street in Mayfair sometime later this year. Her feminine collections satisfy the style needs of celebrities such as Kate Bosworth, Katie Holmes and Rosie Huntington Whiteley....
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Manchester United’s sales and marketing team this week moved to a new enlarged office in Mayfair as a further sign of the football club’s international growth. The previous offices on Pall Mall were deemed too cramped for one of sport’s most globally recognised brands which have over 333 m global fans....
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Many councils including Westminster will over the next couple of months phase in charges of between £2.20 and £4.40 for those who want to park in Central London between 1pm and 6pm. In addition, Mayfair and Soho `hours of control` have also been extended until midnight on weekdays and Saturdays....
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TenPilates recently opened new studios in fashionable Hanover Square in Mayfair and St James’s in addition to its existing studios in Notting Hill and Chiswick. This new form of pilates offers unconventional way to keep the body fit and beautiful....
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Mayfair Capital Investment Management based in Brookfield House recently acquired nine new properties. Its last deal took its portfolio to 13 assets and increased the net asset value to £57m. Seven of them are multi-let industrial estates in the south east region....
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Matthew David (30) a hairdresser from Walthamstow, has been working for over 13 years in the field. He overcame a lengthy legal battle with his former employer and in beginning of August has been celebrating the success of his newly opened salon catering for the rich and prominent in the heart of London`s Mayfair....
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Two blocks of offices on 4 Conduit Street and 1 Maddox Street were bought by the Regent Street Partnership. The total asset on 4 Conduit Street and 1 Maddox Street`s is comprised of 23,000 sq ft of space. The Regent Street Partnership is made up of Norges Bank Investment Management and The Crown Estate and these acquisitions took place as a part of plans to regenerate the area....
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This week, an elegant new Mayfair brasserie, The Gallery, will open its doors in the Westbury Hotel located in Bond Street. It will be a 96 seater restaurant, with typical French decor. This Brasserie will propose a Mediterranean Menu reminiscent of The South of France, elaborated by the head chef Brian Fantoni, and will be open for breakfast, lunch and dinner, 7 days a week....
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The Italian high Fashion House Fendi, acquired a new flagship store at 141-142 New Bond Street in Mayfair with a surface area of 11,000 sq ft property. It has taken an assignment of Mallett Antiques’ lease for £1.7m which expires in 16 years....
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David and Simon Reuben, two British Businessmen brothers, have bought a former Piccadilly Estate comprising six buildings, where there was once the `in and out` club, for about £130m. This property could become a six-star hotel, a private member’s club or a residential building....
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Bosideng International Holdings Limited, acquired 28 South Molton Street, Mayfair. It will be the first overseas down apparel and menswear flagship store of Bosindeng, which will be opened on the ground floor. According to the Chairman of Bosideng, this store should be open in July 2012....
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Gordon Ramsay’s Restaurant located at Royal Hospital Road restaurant has been voted the best in London by online reviewers. This Mayfair restaurant, described as ‘just perfect’ by one reviewer, was elected London’s best restaurant on Trip Advisor, in front of many other exclusive Mayfair restaurants such as Goodman, Le Gavroche and Murano....
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US fashion retailer Abercrombie & Fitch is said to be in advanced talks to open the UK’s first Abercrombie Kids store in London’s famous Apple Building. The building at 3 Savile Row is the Beatles’ former headquarters, where the band performed its final gig on the roof in January 1969....
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The Korean car maker Hyundai will see its logo on the famous LED screen by the end of the summer, next to Coca-Cola, Samsung, TDK or McDonald’s. It will replace the Sanyo`s neon sign which is currently the only non-digital billboard on the site....
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The PAD London 2011 will take place from 12 to 16 October in prestigious Berkeley Square in Mayfair. The Pavilion of Art & Design London is a leading modern art and design fair principally recognized by the genres of Modern Art, Design, Decorative Arts, Photography and Tribal Art from 1860 to today....
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Tempo is a Mayfair Restaurant & Bar at No. 54 Curzon Street, which combines elegant décor with contemporary Italian cuisine. For the last four years, the Tempo head chef Yoshi Yamada has worked in the most well known restaurants from all around the world before working at Tempo in the heart of London in Mayfair....
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Georgina Goodman closed down her store based at 44 Old Bond Street in Mayfair. Leading business rescue and recovery specialist Begbies Trayno has completed a sale of this store following its entrance into administration. ...
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After Lugano, Tokyo, Milan and Paris, Marinella opened at the beginning of the month its new London shop in Mayfair at 51 Maddox Street. The boutique was designed by the architect Simone Del Portico. Founded in 1914 by Don Eugenio Marinella in Napoli, the Italian brand is celebrated for its hand-made ties that are worn, among others, by Bill Clinton, Silvio Berlusconi, Boris Yeltsin and Gianni Agnelli....
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The Taste of Spain 2011 event took place in Regent Street, on Sunday 5 June. Despite a few raindrops, it was an enormous success and welcomed many visitors during the afternoon. Many activities were proposed such as the dancing horses from the Balearics, the giant paella from Valencia, traditional Spanish churros, flamenco dancers from Andalucía and different sport challenges such as Basket Ball, Motorsports, Gold, Tennis and Football....
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Two historic properties – the Mayfair Hotel and the Hyman Hardware Building next door- will be transformed into a boutique hotel and spa within 10 years. The new building will consist of nine floors with two restaurants, two bars, 68 suites, gym, yoga studios, a spa, many office spaces and will also have an underground-parking garage....
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The prestigious Hanover Square will offer six luxury flats which could fetch £20 million between them. However this £500 million development will not be finished until 2016 as it must be built around the eastern ticket hall of the Bond Street Crossrail station on the north-west corner of the square in Mayfair....
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Shoe designer Nicholas Kirkwood has opened on May the 13th 2011 a flagship store in London’s elite Mount Street close to Christian Louboutin and Marc Jacobs, in a grade-two listed building. The designer says he couldn`t have asked for a better spot....
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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 £220m. The operation involves Jubilee House at 197-213 Oxford Street for around £165m to which must be added 215-219 Oxford Street next door which he purchased for £55....
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Mayfair’s prestigious Mount Street took place a fabulous evening of late-night shopping and entertainment to commemorate 325 years of the May Fayre– the event from which the area gets its name. It was also the end of the road works that have blighted the area for a long time....
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Dorchester Collection’s ninth hotel 45 Park Lane in exclusive Mayfair, London, designed by internationally renowned architect and designer Thierry W. Despont will launch in September 2011. 45 Park Lane, opposite The Dorchester will offer a smart but discreet hotel from which to enjoy London with 45 contemporary rooms and suites all with views of Hyde Park, and a further penthouse....
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Rathbones, a publicly-listed company currently based at No. 159 New Bond Street, has announced that it has agreed a 12-year lease on 42,200 sq ft of office space on the 3rd and 4th floors of No 1 Curzon Street, London W1 into the former offices of Swiss bank UBS`s UK wealth management business....
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Perfectly prepared steak is the featured menu item at London’s newest JW Steakhouse at Grosvenor House in Mayfair. Opened in May, JW Steakhouse on 86 Park Lane is a must-try for any dedicated steak lover, offering tender hand-cut selections of dry-aged American USDA prime beef, grilled to perfection; crisp salads, but also fresh seafood....
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The contemporary Blain Southern Gallery, currently based at 21 Dering Street, W1, has taken a 15 year lease on confidential terms in the future 5 Hanover Square Building in Mayfair. This gallery will comprise 12,400 sq ft situated on the prime corner of Hanover Square and Hanover Street ...
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Loft Design By, a French luxury fashion brand created by Patrick Freche, recently opened its third, two floor store in Mayfair at 30a Dover Street, after the opening of the first UK store in Westbourne Grove in 2009 and the second in Marylebone High Street last year....
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The Russian restaurant operator Novikov Restaurant Group will be launching its first site outside of Russia with the opening of a new venue in London’s Mayfair. Novikov Restaurant Group, which is credited with revolutionising the up-market dining experience in Moscow, owes its success to entrepreneur Arkady Novikov, who has grown a 50-venue restaurant group in and around Moscow over the past 19 years....
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London’s reputation as the destination of choice for international retailers is once again re-affirmed with the opening of The Kooples’ fifth store in the city this month, at South Molton Street in Mayfair. This ultra cool French fashion brand already has four stores throughout London, on Kings Road, Carnaby Street, St Christopher’s Place, and Oxford Street....
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London has just been named ‘Top Shopping Capital’. The report compiled by the Centre of Retail Research (CRR) shows that London sales hit a massive £64.2 billion in 2010, compared to the three other top shopping cities in the world Tokyo, New York and Paris, which experienced sales levels of £61....
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The iconic Grosvenor House Hotel, which includes over 400 guest rooms and 74 suites, was sold to the Indian billionaire Subrata Roy by the Royal Bank of Scotland. Built in the 1920s, the Grosvenor House Hotel opened for business in 1929. Roy, who owns and chairs the Sahara India group, has completed the acquisition of the Grosvenor House Hotel in Park Lane for GBP 470million....
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The Barclays Cycle Hire Scheme, also known simply as ‘Boris Bikes’ and launched in July 2010, has opened to casual users on the 3rd of December. Until then, only members who had signed up to receive a release key could hire the bikes. Now, the scheme is open to non-members and the first half an hour is free....
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A new Italian restaurant and lounge bar called Cielo will open on New Burlington Street above the Luxx club before the end of the month with Sardinian born chef Monserrato Marini behind the stove, and Tobia Speranza taking care of front-of-house....
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The US embassy was recently sold to Qatari Diar, the real estate investment arm of Qatar`s government which acquired the Chelsea Barracks site. Qatari Diar was back then criticized for withdrawing the modernist design of Chelsea Barracks. The US embassy sold to Qatari Diar is a Grade II listed building, listed in October for its modernist concrete facade....
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