The London mayor’s ploughed £2.5m into startups since Brexit November 28, 2016 The Mayor of London has ploughed more than £2.5m into the capital's soon-to-be star startups since the vote for Brexit in a bid to show the world the city's "open for business", as he unveiled a new line up of advisors drawn from the UK's ranks of top entrepreneurs and business leaders. Sadiq Khan hailed the London Co-investment [...]
West End gets Brexit boost from overseas shoppers as sales to tip over £9bn for the first time September 21, 2016 Overseas shoppers are flocking to the West End to spend their cash since the fall in the value of the pound – and the Brexit boost is set to tip sales for the district over £9bn this year. Jace Tyrrell, chief executive of the West End lobby group New West End Company, says London's premiere shopping district [...]
Sterling slips on more Bank of England stimulus speculation August 9, 2016 Sterling has fallen to a one-month trough against the dollar and bond yields have set a new all-time low this morning as the prospect of ultra-loose monetary policy from the Bank of England continues to drag on the currency. The pound slipped below $1.30 for the first time since mid-July overnight after monetary policy committee (MPC) hawk [...]
We need a long-term strategy for aviation to keep London on top November 17, 2016 In his Autumn Statement next week, the chancellor is expected to champion a number of infrastructure projects. Investment in road and rail is considered crucial to supporting economic growth, and transport has featured highly on the agenda of the new government so far, with HS2 and of course the third runway at Heathrow topping the bill. [...]
Brexit could lead to another (emergency) Budget June 11, 2016 How about this as a motivation for a Remain vote in the EU referendum? A Brexit could lead to yet another Budget within weeks of the vote. City advisers have told the Times that, because a Brexit would result in a “substantial change” to official forecasts in March, an emergency Budget would have to be [...]
Focus On Holloway: How the area went from “no-go area” to a thriving hotspot for independent businesses October 17, 2016 Holloway may be one of the oldest neighbourhoods in north London, but it hasn’t always been popular. Londoners who weren’t Arsenal fans might only pass through to get on to the M1 and its infamous women’s prison on Parkhurst Road hardly does wonders for its reputation. For a long time, its only cultural claim to [...]
Sheffield Forgemasters to help develop UK’s fleet of baby nuclear reactors July 8, 2016 The UK is a step closer to building a fleet of small modular reactors (SMRs) after it enlisted Sheffield Forgemasters. Britain's last independent steelmaker will work with US-based NuScale Power to develop manufacturing techniques required for the SMRs, which would be so small that they could fit on the back of a lorry. Read more: Brexit creates fresh wave of [...]
Property market predictions 2017: From Brexit to tenant fee bans, we’ve asked London’s biggest real estate agents to look into their crystal balls December 8, 2016 2017 will see the rise of Build-to-Rent in London Mark Collins, chairman at CBRE Residential Throughout 2017, I hope that SME developers continue to be championed and encouraged by local government, as these housebuilders will play a major role in alleviating the housing crisis. Access to land and financial support as well as flexible planning systems [...]
Why Britain remains the best place in the world to run an international business November 22, 2016 Like many momentous occasions in recent history, we will all remember where we were on 24 June when the result of the UK’s EU referendum became clear. For me, it was the arrival lounge of Terminal 5 at Heathrow. I was returning from four days in our US business where our team were locked in [...]
Responsible nationalism: This new ideology could be the antidote to both Trump and Brexit August 15, 2016 Britons will be forgiven for still being a little anxious over the future of their country after voting to quit the European Union in June. There’s not been much to chew on in the weeks following a referendum that seemed like the UK had hit the reset button on globalism itself. But amid the vast reams [...]