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Kmce Key retail growth indicator plummets on clothing sales slump
 Friday 09 October 2015 12:00 amRents rising faster outside London than in the capital ndash; RightmoveBy: Caitlin MorrisonShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleRents are rising faster outside of London than in the capital, according to a new report out today.Rightmove, the property website, said that rents have risen 1.3 per cent in the rest of the country, compared polene  to 0.2 per cent in London, in the last three months.Rightmove also said that the so-called affordability ceiling in London looks to have been reached, given rents jumped by 1.6 per cent in the capital over the same period last year.Yet London remains unaffordable for many propsective renters ndash; something that Rightmove pointed to when reporting a strong increase in demand for tenancies in Essex and other areas east of the capital. Read more: Cost of renting a room in London rises to an all-time highRightmove found that annual rental growth in the east of England was 6.4 per  brumate cup cent, with rents rising by 2 per cent in the region in the last three months.Sam Mitchell, head of lettings at Rightmove, said: Wersquo;ve been report stanley cup ing high tenant demand for rental property in Essex for a while now, so it makes sense that it should feature strongly.Investors and tenants whorsquo;ve been priced out of London and the South East have looked for better value areas in the East, Xhpl G4S sells Israeli arm as part of wider rationalisation push
 Monday 22 February 2010 5:17 amBharti will sign letter of intent over Zain dealBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleKuwaiti telecoms firm Zain  and Indiarsquo  Bharti Airtel are expected to sign a letter of intent for their $9bn  pound;5.8bn  African assets deal this week.The letter will include the official offer and the schedule of payment.Bharti is in exclusive talks until 25 March to buy Zainrsquo  African business, excludingMorocco and Sudan. It is the Indian firmrsquo  third attempt at gaining a foothold in a continent that offers a lasting opportunity for major subscriber growth.It is also believed Bharti will meet on Sund polene ay with a Kuwaiti Islamic lender about financing the deal. Bharti had said it will have clarity by next week on funding its offer for Zainrsquo  operations in 15 African countries. The two firms have agreed on an enterprise value of $10.7bn for the assets, including $1.7bn of debt on Zain Africarsquo  books. The deal marks one of the bigg stanley germany est cross-border transactions in the Middle East in ye stanley butelka ars and a turning point in the long-running saga around Zain, the third-biggest telecoms operator in the region.Bharti has suffered recent setbacks in its Indian business, including delays in its plans to expand its 3G capabilities.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBu