London mayor hopeful Shaun Bailey has brushed off claims Tory chiefs have cut funding from his campaign.
Mr Bailey vowed to keep fighting Labour incumbent Sadiq Khan ahead of the key elections in May despite questions over whether the party is still giving him full support.
There are reports that Conservative Central Office has decided to withdraw funding from Mr Bailey s campaign because of the London Assembly member s struggles to raise money on his own.
Sniping has emerged including an extraordinary jibe that the party sees Mr Bailey as the worst candidate in history , but only has the option of withdrawing funding because it is too late to get rid of him .
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(Bloomberg) Suneil Setiya, the co-founder of quant investing firm Quadrature Capital, is in talks to purchase a penthouse in London’s luxury One Hyde Park development for about 110 million pounds ($153 million), according to two people with knowledge of the transaction.Setiya is buying the home from Hasan Ismaik, the former chief executive officer at Dubai-based construction company Arabtec Holding, which entered liquidation last year, the people said, asking not to be identified as the negotiations are confidential.The apartment’s 14,000 square feet (1,300 square meters) interior does not yet have internal walls, is completely unfinished and will require significant further investment, the people said. Setiya did not reply to calls and emails seeking comment. Ismaik did not reply to a LinkedIn message as well as calls and emails to his investment offices in Dubai and Abu Dhabi.A deal would be one of the most expensive home sales in the U.K. and a boost for the stagnant
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