Workspace CEO: Wework recovery poses no threat to business as firm hikes dividend June 5, 2024 The chief executive of one of London’s biggest flexible hybrid providers, Workspace, said rival Wework has done a “lot of good things” for the sector as the chain emerges from Chapter 11 bankruptcy.
London house prices crater as UK reports biggest drop since 2011– but experts are doubtful of data January 17, 2024 The capital saw the biggest drop in the UK, but still had the most expensive homes at £505,000, almost double the UK average of £285,000. This is £6,000 down on the average from 2022.
London footfall takes costly hit as rail strikes wreak havoc on Christmas trade December 6, 2023 Footfall across greater London declined by -8.3 per cent on Tuesday as rail strikes led shoppers to steer clear of the high street, spelling more misery for the capital’s retailers amid the vital Christmas period. According to the latest reading from MRI Software, Tuesday was the most impacted day so far, with footfall in central [...]
Businessman guilty of plotting two bombs in London over £1.4m legal wrangle with NCA August 18, 2023 A businessman suspected of being involved in an international money-laundering ring has been found guilty of orchestrating a bomb plot against lawyers for Britain’s FBI in a row over £1.4 million. Jonathan Nuttall, 50, was convicted of conspiring with his driver, Michael Sode, and an ex-marine, Michael Broddle, to plant two devices in London’s legal [...]
Michelin starred chef Jun Tanaka on the London restaurants he visits on his day off September 6, 2023 The Ninth opened in 2015 on Charlotte Street and in the years since, chef Jun Tanaka’s French-Mediterranean dishes designed to share have gained a Michelin star. Here Tanaka, who formerly worked at Le Gavroche and The Restaurant Marco Pierre White, tells us his favourite London restaurants to eat at on his days off. PERILLAI have [...]
“We can’t stop London changing”: Londoners’ unquenchable thirst for Thirsty Thursday January 12, 2023 Work from home Friday and Thirsty Thursday have become the new normal, as the four day week in the office becomes a regular part of our lives. As the City adapts, City A.M. ceases printing on Friday and takes our news to where our readers are, online, with the paper running Monday to Thursday as [...]
UK property equity surges to new record as house prices recover with falling rates September 4, 2024 The value of the UK’s property equity is higher than ever before having surged to almost £6 trillion, new research has revealed. The study by the Equity Release Council calculated that recovering house prices helped to increase the figure to an “unprecedented” £5.7 trillion in the three months ending June 30, 2024. This was up [...]
The 2025 Formula E calendar in full as Monaco double-header confirmed June 11, 2024 Formula E have announced their 2025 calendar with back-to-back races in Monaco featuring for the first time. The season will get underway in Brazil before races in Mexico, Saudi Arabia, Miami, Monaco, Japan, China, Indonesia, Germany and Great Britain. London maintains its position as host of the season finale. Round five is as yet to [...]
Notes from a future where Britain has solved the housing crisis April 16, 2024 In ten years’ time, high house prices and low supply could be a thing of the past. Kristian Niemietz offers a despatch from that brave new world… The year is 2035 and according to provisional figures released today by the Office for National Statistics it is the tenth year in a row during which house [...]
Asda introduces self driving delivery vans in AI first April 17, 2023 Asda is rolling out its largest autonomous delivery trial with customers in London set to receive their groceries via self driving cars. The UK’s third largest grocery store is launching the scheme in partnership with Wayve, a developer of artificial intelligence for self driving cars, and the pair will use Jaguar I-Pace electric cars for [...]