New builds: Homes on the market in London this week, from a former modernist office in Croydon to luxury flats in Mayfair October 18, 2019 Brunel Street Works, Canning Town From £375,000 for a one-bed Brunel Street Works, a 975-home development in Canning Town, is being launched by Linden Homes this weekend. The one, two and three-bed apartments are part of a wider regeneration project which will also bring new shops, workspace and a hotel to the area. Residents will [...]
South Western Railway services to close early in December amid strikes November 25, 2019 Christmas parties across London will be scuppered next month, as late night train services face the chop amid 27 days of rail strikes. The strike, which begins next Monday, is on course to be the worst ever in the capital city, and will hit all services which run in and out of Waterloo, the busiest [...]
Crossrail will not open until 2021 and could run £650m over budget, bosses admit November 8, 2019 Crossrail will not open until 2021 and will run up to £650m over budget, transport bosses admitted today. The long-awaited Elizabeth Line, which was originally due to open in December 2018, will not open until “as soon as practically possible in 2021”, Transport for London (TfL) said. Crossrail chief executive Mark Wild warned technical issues [...]
Amazon breaks $200bn mark as world’s most valuable brand January 22, 2020 Online retail titan Amazon has defended its position as the world’s most valuable brand for a third year in a row, with the firm becoming the first to break the $200bn (£153bn) mark. Jeff Bezos’ company is worth $220.8bn in total, over $60bn more than second-placed Google, which is worth $159.7bn, according to the annual [...]
UK stocks 2020: Which shares are City A.M. staff backing in the new year? December 30, 2019 The UK stock market looks set to end the year on a high after the Tories’ election win and progress in US-China trade talks alleviated the uncertainty that has weighed on markets for months. But the road ahead is far from clear, with the looming Brexit date of 31st January and various upcoming trade negotiations [...]
Coronavirus latest: UK ‘superspreader’ discharged from hospital February 12, 2020 This page collects all the latest news about the coronavirus outbreak, now called Covid-19 The man connected to 11 cases of the coronavirus has been discharged from hospital having made a full recovery from the illness. Business Steve Walsh, who contracted the illness on a work visit to Singapore before passing it to others on [...]
West End landlord Shaftesbury braced for court row with tycoon shareholder May 2, 2019 A bitter row between a major London landlord and one of its largest shareholders has descended into threats of legal action this morning. FTSE 250 property giant Shaftesbury Group, which owns large parts of the West End including much of Carnaby Street and Chinatown, is braced for a court battle with Hong Kong billionaire Samuel Tak Lee [...]
West End landlord Shaftesbury braced for court row with tycoon shareholder May 2, 2019 A bitter row between a major London landlord and one of its largest shareholders has descended into threats of legal action this morning. FTSE 250 property giant Shaftesbury Group, which owns large parts of the West End including much of Carnaby Street and Chinatown, is braced for a court battle with Hong Kong billionaire Samuel Tak Lee [...]
Norwich win over Man City highlighted all that’s exciting about new season September 15, 2019 There is an invigorating unfamiliarity to the new Premier League season, with some eye-catching displays from the promoted teams introducing a new cast of exciting players and, most surprisingly of all, a feeble start to their title defence from Manchester City. Norwich City’s improbable 3-2 victory over City on Saturday evening wrapped all of those [...]
Big businesses drawn to the City for office space July 29, 2019 Big businesses upped sticks for the City in 2018 as companies increasingly move further afield to find the best office space, a new study has shown. Read more: Wework grabs €62m from EU in Brexit deal for London office spot Mayfair lost the largest number of businesses renting office space of more than 10,000 square [...]