Barclays: life in the old dog yet

Barclays, a former basket case of British banking, is beginning to look inspiringly mediocre. The bank has failed Bank of England stress tests less resoundingly than Royal Bank of Scotland. Investors believe its assets are worth only 10 per cent less than their book value, judging from the share price. Although Barclays’s legal team have […]

Continue Reading

Currencies, Equities

Scary movie sequel beckons for eurozone markets

Just as horror movies can spook fright nerds more than they expect, so political risk is sparking heightened levels of anxiety among seasoned investors. Investors caught out by Brexit and Donald Trump are making better preparations for political risk in Europe, plotting a route to the exit door if the unfolding story of French, German […]

Continue Reading


Dollar rises as markets turn eyes to Opec

European bourses are mirroring a tentative Asia session as the dollar continues to be supported by better US economic data and investors turn their attention to a meeting between Opec members. Sentiment is underpinned by US index futures suggesting the S&P 500 will gain 3 points to 2,207.3 when trading gets under way later in […]

Continue Reading


Basel Committe fail to sign off on latest bank reform measures

Banking regulators have failed to sign off the latest package of global industry reforms, leaving a question mark hanging over bankers who complain they have faced endlessly evolving regulation since the financial crisis. Policymakers had hoped to agree the contentious new measures at a crunch meeting held in Chile this week, but a senior official […]

Continue Reading

Banks, Financial

Banking app targets millennials who want help budgeting

Graduate debt, rent and high living costs have made it hard for millennials to save for a house, a pension or even a holiday. For Ollie Purdue, a 23-year-old law graduate, this was reason enough to launch Loot, a banking app targeted at tech-dependent 20-somethings who want help to manage their money and avoid falling […]

Continue Reading

Categorized | Property

Five homes for basking in the winter sun

Posted on November 25, 2016

Villa Grafias, Marrakesh, Morocco, €4.3m

Where In the leafy Palmeraie district just north of central Marrakesh. It is about 10km to Menara international airport.

What A spacious, two-storey villa with 10 bedrooms and 10 bathrooms, plus staff quarters, a hammam, tennis court and gym.

Why The average high temperature between December and February hovers at about 20C. The heated outdoor pool is perfect for basking in the winter sun, or for those seeking a little shade, there are plenty of palm trees in the lush, seven-acre garden.

Who Christie’s International Real Estate,, tel: +212 66155 0905

72-415 Ka’upulehu Drive, Hualalai, Hawaii, US, $14.95m

Where On the private Hualalai estate on Hawaii Island, the largest of the eight islands in the Hawaiian archipelago. It is a 10-minute drive to Kona international airport.

What A gated villa with 7,000 sq ft of living space and ocean views. The property has five bedrooms, a pool with an inbuilt Jacuzzi and a soundproofed cinema room.

Why From December to February, the average temperature reaches highs of 26C and there are up to nine hours of sunshine a day — great for sun worshippers and the solar panels that provide the property with hot water.

Who Hualalai Realty,, tel: +1 800 983 3880

Signature-style villa, Palm Jumeirah, Dubai, UAE, Dh65m ($17.7m)

Where On Palm Jumeirah — the distinctive, palm-shaped artificial island that juts into the Gulf from the Dubai coastline. It is 30 minutes’ drive from Dubai international airport.

What A seven-bedroom, contemporary villa with staff accommodation and 24-hour security. There is also a cinema room, games room, gym and parking for four cars.

Why Thanks to Dubai’s desert climate, winter temperatures range from an average low of 14C to an average high of 26C. Those who tire of catching rays by the pool can move to the beach at the end of the garden.

Who Knight Frank,, tel: +971 4 4267 610

Villa Jasmine, Sunset Island, Miami, Florida, US, $21.5m

Where On Sunset Island in Biscayne Bay, about 12 miles from Miami international airport.

What A 6,700 sq ft, Moroccan-style mansion with five bedrooms and a separate guest house. There is also a pool and private dock. Previous owners include the singer Enrique Iglesias.

Why Not only is this home painted sunshine-yellow but the island lives up to its name as a plum spot to watch the sun set over Miami.

Who ONE Sotheby’s International Realty,, tel: +1 877 630 8155

Shogun, Mustique, St Vincent and the Grenadines, $18m

Where On the private Caribbean island of Mustique. Flights to St Lucia take 30 minutes and depart daily from a nearby airstrip.

What A Japanese-style house with five bedrooms and two separate cottages set around landscaped koi ponds. There are also two pools and a nine-tee golf course.

Why Average winter temperatures range from 21C to 28C. The villa can be rented out to sunseekers for up to $57,000 a week.

Who Knight Frank,, tel: +44 20 7861 1553