25-789: The Carbuncle Cup is an architecture prize, given annually, originally by the magazine Building Design , and since 2024 by The Fence , to "the ugliest building in the United Kingdom completed in the last 12 months". It was intended to be a humorous response to the prestigious Stirling Prize , given by the Royal Institute of British Architects . The award was inspired by the Carbuncle Awards that Scottish architecture magazine Prospect (now Urban Realm ), had been presenting to buildings and areas in Scotland since 2000. The name derives from
50-557: A r e s i × F r e e f l o a t a d j u s t m e n t f a c t o r i I n d e x d i v i s o r {\displaystyle \mathrm {Index~level} ={\frac {\sum _{i}\mathrm {Price~of~stock} _{i}\times \mathrm {Number~of~shares} _{i}\times \mathrm {Free~float~adjustment~factor} _{i}}{\mathrm {Index~divisor} }}} The free float adjustment factor represents
75-493: A closed circulation weekly at a time when high-tech architecture was just starting to take off. It ceased its print edition in March 2014, becoming a digital-only publication. Unlike most other architectural publications, BD ' s editors and staff are mainly journalists rather than architects. The magazine is free to subscribers and offers limited free access to non-subscribers. It is funded by revenue from advertising. In 2006,
100-411: A comment in 1984 by Charles, Prince of Wales (now Charles III), an opponent of certain modernist styles and forms and a staunch defender of existing characterisations, themes and points of interest, who described Ahrends, Burton and Koralek 's proposed extension of London's National Gallery as a "monstrous carbuncle on the face of a much-loved and elegant friend". The cup was launched in 2006, with
125-633: A fairly weak indicator of how the UK economy is faring and are significantly affected by the exchange rates of the pound sterling. A better indication of the UK economy is the FTSE 250 Index , as it contains a smaller proportion of international companies. Even though the FTSE All-Share Index is more comprehensive, the FTSE ;100 is by far the most widely used UK stock market indicator. Other related indices are
150-597: A subscription for full access. The publishing company is UBM Built Environment, a division of UBM plc , which also publishes Building and Property Week . BD hosts the Architect of the Year Awards and Young Architect of the Year in central London, attended by approximately 6000 guests. The Architect of the Year Awards reward the UK's top architectural practices behind excellent built projects. Since their launch in 2004,
175-465: Is 10 GBP × index points and is specified as: The index has reached the following record values: The index began on 3 January 1984 at the base level of 1,000. The highest closing value of 8,445.80 was reached on 15 May 2024 and the highest intra-day value of 8,474.71 was also reached on 15 May 2024. The following table shows the annual development of the calculation of the FT 30 Index from 1969 to 1983, and
200-540: Is maintained by FTSE Russell , a wholly owned subsidiary of London Stock Exchange Group , which originated as a joint venture between the Financial Times and the London Stock Exchange . It is calculated in real time and published every second when the market is open. The FTSE 100 Index with its 100 constituents was launched on 3 January 1984. The market capitalisation weighted FTSE 100 index replaced
225-527: Is the United Kingdom's best-known stock market index of the 100 most highly capitalised blue chips listed on the London Stock Exchange . Founded in 1984 by Stock Exchange to better reflect activity on the market, it replaced the Financial Times ' own FT 30 . A new index allowed Stock Exchange to launch the options contract derived from the FTSE's real-time data, while competitors LIFFE launched
250-607: The Twentieth Century Society for Robin Hood Gardens , a housing estate in Poplar, London , designed by Alison and Peter Smithson, to be listed and retained. It has likewise argued against the unnecessary demolition of old school buildings. FTSE 100 Index The Financial Times Stock Exchange 100 Index , also called the FTSE 100 Index , FTSE 100 , FTSE , or, informally, the " Footsie " / ˈ f ʊ t s i / ,
275-528: The futures contract . By 1986, Margaret Thatcher 's sweeping financial deregulation and high profile privatisations of index members British Telecom , British Gas , and British Aerospace had culminated in the Big Bang . The combination of a new index, major privatisations, LIFFE tradable derivatives, and promotion by the Financial Times led to the FTSE 100 becoming the most widely used indicator of whether
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#1732845298882300-579: The FTSE 100 since 1984. The following table lists the FTSE 100 companies after the changes on 1 October 2024. All changes are due to market capitalisation unless noted otherwise. Source: "FTSE: FTSE 100 Constituent Changes" ( PDF; 57.9 KB ) The oldest continuous index in the UK is the FT ;30, also known as the Financial Times Index or the FT Ordinary Index ;(FTOI). It
325-521: The FTSE 250 Index (which includes the next largest 250 companies after the FTSE 100), the FTSE ;350 Index (which is the aggregation of the FTSE 100 and 250), FTSE SmallCap Index and the FTSE Fledgling Index . The FTSE All-Share aggregates the FTSE 100, FTSE 250 and FTSE SmallCap. In the FTSE indices, share prices are weighted by free-float capitalisation, so that
350-579: The UK stock market was rising or falling. In 1987, privatisations continued with British Airways and British Petroleum . The latter concluded on the same day as Black Monday , a crash in which the index fell 21.73% in two days; one of those days is still the index's worst single-day return, –12.22%. The index consists of 32 sectors , four of which had a market capitalisation exceeding £200 billion as of 28 June 2024 . These are pharmaceuticals , oil and gas , metals and mining and banking services , which together account for approximately 46% of
375-649: The awards have grown in size and stature, featuring entries and attendance from leading practices, and have become firmly established as a key event in the architectural calendar. The awards night is now one of the largest gatherings of architects in the UK. The Young Architect of the Year Award recognises and rewards Europe's most promising new architects and practices. Previous winners have included Coffey Architects, Jonathan Hendry, Serie Architects, David Kohn Architects , Hackett Hall McKnight , Carmody Groarke, Nord and Lynch Architects . BD publishes an annual ranking of
400-511: The first winner being Drake Circus Shopping Centre in Plymouth by Chapman Taylor . A shortlist was announced by the periodical each year, based on nominations from the public, and usually in the same week as the Stirling Prize shortlist. Free voting via the magazine's website was at first used to select the winner. From 2009 onwards, a small group of critics selected the winner. The original run
425-491: The index's capitalisation. On the same date, there were four companies with a market cap exceeding £100 billion: Shell , AstraZeneca , HSBC and Unilever , which together accounted for approximately 30% of the market cap. Each calendar quarter, the FTSE's constituents are reviewed and some companies exit or enter the index, resulting in irregular trading volume and price changes as market participants rebalance their portfolios . The index has trading symbol UKX and
450-457: The larger companies, with more of their stock "floating", make more of a difference to the index than smaller companies. The basic formula for these indices is: I n d e x l e v e l = ∑ i P r i c e o f s t o c k i × N u m b e r o f s h
475-657: The last year of the independent ABC circulation reports, the magazine had a circulation of over 23,000, with 21,500 circulated free to professional and industry-related subscriptions. By 2013, BD reportedly had a circulation of 7,698. Its website, bdonline.co.uk, has 89,000 registered users and receives around 45,000 unique visitors a week, who generate over 750,000 page impressions a month. BD' s circulation figures are independently assured by PricewaterhouseCoopers . The magazine stopped free access to news, blogs and video content on its website in September 2010 when it introduced
500-520: The percentage of all issued shares that are readily available for trading, rounded up to the nearest multiple of 5%. The free-float capitalisation of a company is its market capitalisation multiplied by its free float adjustment factor. It therefore does not include restricted stocks, such as those held by company insiders. FTSE futures contracts are traded on the Euronext Equities & Index Derivatives (EUREID) exchange. The value of each contract
525-420: The price-weighted FT30 Index as the performance benchmark for most investors. The FTSE 100 broadly consists of the largest 100 qualifying UK companies by full market value. The total market value of a company is calculated by multiplying the share price of the company by the total number of shares they have issued. However, many of these are internationally focused companies: therefore the index's movements are
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#1732845298882550-495: The public. The winner was selected by a small group of architecture critics and professionals. As of 2018 , the winners were: The Editor is Thomas Lane, who joined BD in 2014 from Building . The assistant editor is Elizabeth Hopkirk. The architecture critic is Ike Ijeh. Past editors and staff include Amanda Baillieu, Paul Finch, Peter Murray , Martin Pawley , Hugh Pearman and Kieran Long . Building Design campaigned with
575-564: The world's biggest architecture practices known as the World Architecture 100. The listing is distributed to the top FTSE 100 companies as well as BD subscribers and is available to buy online. The Carbuncle Cup was BD' s annual prize for the worst new architecture in the UK. It ran from 2006-2018, and was launched as a humorous counterpart to the Stirling Prize . A shortlist was announced each summer, based on nominations from
600-535: Was established in 1935 and nowadays is largely obsolete due to its redundancy. It is similar to the Dow Jones Industrial Average , and companies listed are from the industrial and commercial sectors. Financial sector companies and government stocks are excluded. Of the original constituents, three are currently in the FTSE 100: Tate & Lyle, Imperial Tobacco and Rolls-Royce, although Rolls-Royce has not been continuously listed and Imperial Tobacco
625-494: Was last held in 2018. In 2024, Soho based magazine; The Fence revived the award, with the first year's award being given for buildings completed since the last award of the original run was given in 2018. The judging panel for the 2024 awards comprised: Building Design Building Design , or BD , is a British weekly architectural magazine, based in London. BD was launched in 1969 by publisher Morgan Grampian as
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