Flutter: London set for further blow as gambling giant heads for New York January 30, 2024 FLUTTER said yesterday that New York would be its “natural home” in another blow to London’s bruised and battered stock exchange.
This is what London needs from the King’s Speech July 17, 2024 Restoring the fortunes of our high-tax, low productivity nation will not be easy, but there are a few low-cost measures which, along with longer-term structural reforms, can unleash London’s huge potential, says John Dickie After rebuilding the Labour Party and securing a historic electoral landslide, the hard work of delivering change starts now for Sir [...]
Homebuyers in London forced to wait it out as UK housing market slows down April 5, 2023 The average time to sell a home jumped by 15 days year-on-year in March as the UK’s housing market was impacted by increased living costs and soaring inflation. Estate agent Zoopla said homes in London took the longest time to sell with property taking an average of 44 days, likely fuelled by the soaring prices [...]
Rishi Sunak refuses to say if HS2 to Manchester is being scrapped – six times October 3, 2023 Rishi Sunak has refused to confirm whether HS2 to Manchester is being scrapped six times while being grilled in a live interview. The Prime Minister insisted to BBC Breakfast he had “absolutely not” given up on the multi-billion pound rail scheme which has dominated the Conservative Party Conference. “We’ve got spades on the ground on [...]
Build, Baby, Build: We’ll never fix the housing crisis without private capital June 23, 2024 It is only by close collaboration between the public sector, private companies and institutional investors that we’ll be able to deliver housing of all tenures at scale, stabilising the market and ensuring more people are able to live better, says Rick de Blaby As someone who runs a business where a third of our workforce [...]
Sir Philip Green’s wife spent millions on London homes as BHS collapsed October 5, 2021 Sir Philip Green’s wife spent millions on London properties while thousands of employees working at now-collapsed BHS prepared to lose their jobs. Details of Lady Tina Green’s spending were laid bare in the ‘Pandora Papers – leaked offshore financial documents published by the BBC. Tina Green used a company located in the British Virgin Islands [...]
London flat sales beat pre-pandemic levels as property market stabilises April 12, 2023 Sales of London flats are up nearly 25 per cent on pre-pandemic levels, according to new data, in a sign that the City’s property market is starting stabilise. In March, flat sales in London were 23 per cent higher than in March 2019 – the first time monthly sales have been higher than in 2019 [...]
HS2’s northern leg scrapped: What’s being planned instead – and has London been snubbed? October 5, 2023 It seemed unthinkable not long ago, but Rishi Sunak scrapped the Manchester leg of HS2 – and said it will be replaced by hundreds of new projects. The scrapping means everything past the London to Birmingham leg, which is already under construction, will be torched, with the PM citing ballooning costs for pulling the plug. [...]
London council energy firm nets millions in grants but supplies just 476 homes October 24, 2021 A LONDON council has raised eyebrows after taxpayers have handed over nearly £40m to its subsidiary energy company in the past five years, yet the provider still only serves 477 customers – and all but one are residential dwellings. B&D Energy is wholly owned by Barking and Dagenham Council. Since it was founded in 2016, [...]
Race for space ending as Londoners stay put in boost for capital’s property market December 27, 2023 Overall, Londoners spent £28.7bn on countryside homes in 2023, down 41 per cent from £48.8bn in 2021