Reckless driver rampaged through this London borough at 144mph to set new speed record June 14, 2024 Records of the incident were obtained via a Freedom of Information request covering the highest speeds recorded by cameras in each London borough.
One London mayoral candidate has a vote-winner: A four day week for all January 12, 2024 A candidate for London Mayor has promised to turn the capital into a trailblazer for the four day week
FTSE 100: London inches towards all-time high as markets anticipate rate call July 29, 2024 FTSE 100 stocks started the week with a surge, rising one per cent in the three hours after the opening bell, as the market holds its breath on whether the Bank of England will cut interest rates later this week. After the record performance of the FTSE 100 in May, where the index hit an [...]
BATM: London-listed Israeli tech firm’s revenue stagnant despite growing order book August 19, 2024 Israeli tech firm BATM Advanced Communications has seen its revenue remain flat despite “substantial growth” in its cyber division, according to newly-filed results. The London-listed firm, which has its headquarters in Hod Hasharon, saw its revenue hit $60m (£46m) in the first six months on 2024 – unchanged from the same period last year. BATM’s earnings [...]
London Tech Week day two: How can tech help solve the climate crisis? June 11, 2024 As London Tech Week kicks off, Russ Shaw, founder of Tech London Advocates & Global Tech Advocates, gives us the inside scoop on the industry with his daily diary A central question in the tech ecosystem is what can tech do to solve the climate crisis. Technology is rightly considered a powerful asset when approaching the target [...]
Claridge’s Hotel: Major expansion helps sales and profit surge at five-star London icon August 21, 2024 Sales at Claridge’s Hotel surged by more than 20 per cent in 2023 thanks to a “strong” recovery from the Covid-19 pandemic and the completion of a major expansion project. The five-star London hotel has reported a turnover of £119.3m for its latest financial year, up from the £98.1m it achieved in 2022. According to [...]
What’s next for the square mile? The City A.M. Summit explores the future of London July 17, 2024 Here are the highlights of the City A.M. Summit, held in conjunction with the Aquis Exchange, which was a breakfast summit in London that took place at the Aquis Exchange on Wednesday, 10 July.
Skills gap remains ‘stubbornly high’ with over half of London firms suffering from shortages June 19, 2024 Engineering was the most commonly cited occupation where firms are struggling to find the right workers followed by sales and marketing.
Hiscox: Lloyd’s of London insurer reports ‘robust growth’ despite a more ‘active loss environment’ August 7, 2024 Hiscox, the Lloyd’s of London insurer, has reported another set of strong results as the company has continued to benefit from a hard insurance market. In its interim results for the six months to 30th June, the company recorded 3.3 per cent growth in insurance contract written premium (ICWP). The figure rose $89.6m (£70.5m) to [...]
PwC fined £15m by FCA after London Capital & Finance fraud failure August 16, 2024 PwC has been fined £15m by the Financial Conduct Authority after it failed to alert the regulator that London Capital & Finance (LCF) might be involved in fraudulent activity. In the first ever fine issued by the FCA to an audit firm, the watchdog said that PwC had encountered “significant issues” throughout their 2016 audit [...]