FTSE 100 today: London markets set to open higher ahead of BOE’s Pill and Mann speeches July 10, 2024 Asian markets are mixed as investors digest inflation reports from China and Japan. Attention is now on speeches by Fed and BOE policymakers.
HS2 boss admits London to Birmingham line could actually cost £66bn January 10, 2024 The costs of the HS2 line from London to Birmingham could be as much as £66bn, according to the scheme’s executive chair, Jon Thompson. Thompson told the transport select committee on Wednesday that despite the current estimate being upwards of £56.6bn, the first phase of the high-speed rail project could add “between £8bn to £12bn,” [...]
Lloyd’s of London estimates global economy could lose £4 trillion to extreme weather October 11, 2023 Lloyd’s of London has estimated that global economic losses could reach £4 trillion under a “plausible increase” in extreme weather events linked to climate change that cause crop failures and food and water shortages. The research, conducted in collaboration with the Cambridge Centre for Risk Studies, said social and economic changes are affecting the impact [...]
FTSE 100 today: London markets likely to open in red following weak global cues January 18, 2024 Global stocks fall, China shares hits 5-year low, greenback nears one-month peak, and oil prices rise; focus shifts to Christine Lagarde's speech and U.S. economic data.
Prime London Housing market holding up against backdrop of high interest rates October 4, 2023 The prime property market in London appears to be holding up relatively strongly in the face of rising interest rates, according to an index. House prices in prime central London in the third quarter of 2023 were typically 1.2 per cent lower than a year earlier, estate agent Savills reported. Property values across London’s prime property market generally were down by 2.1 per cent annually in the third quarter of this year. [...]
Developers must make the most of London’s rich history and not rely on retail alone October 6, 2023 Property developers can no longer depend on traditional retail for survivial and must engage with London's unique and varied history to ensure successful regeneration, Trevor Morriss writes
GSK moves new HQ to central London December 12, 2022 GSK today announced that it would be moving its new global headquarters to central London and away from the outskirts. The company will move to the new headquarters in 2024 from its current location in Brentford, West London. The site (currently known as the Earnshaw), which is under construction and scheduled for completion next year, [...]
The next Mayor of London needs to stand up for financial services as well as housing July 24, 2023 Whoever wins the race to become Mayor of London should remind the government that levelling up cannot mean levelling down London, writes Chris Hayward
FTSE 100 today: London markets could wrestle with recovery as global risk mood sours January 17, 2024 Amid global market volatility, Asian markets respond to a Wall Street downturn, while Nikkei reaching a 34-year high; oil prices decline due to a dollar surge and Red Sea geopolitical concerns. The greenback hits a one-month peak. China's economy outperforms expectations, while investors await crucial data on UK inflation and U.S. retail sales.
Which London airport did Emirates’ airlines boss compare to a ‘post-Second World War’ hub? June 4, 2024 The head of Emirates airlines has said Heathrow is "seriously lagging behind" rival hubs and compared it to a run down Second World War airport.