Beware the cryptocurrency hype February 20, 2018 Those who cannot remember the past are condemned to repeat it, as philosopher George Santayana famously wrote. What’s happening in markets today is a stark reminder of the dot-com days at the end of the last millennium, when company valuations rocketed at the mere mention of internet-related buzzwords. Fortunes were made and lost in relative [...]
Sadiq Khan “shocked” at business rate rises that threaten small firms February 21, 2017 London mayor Sadiq Khan has said he is "shocked" by the business rate rises set to hit the capital, and has told chancellor Philip Hammond the tax changes could wipe out firms across the city. He has warned that the changes to commercial property taxes, which will come into effect on 1 April, could force the closure [...]
London’s mayor Sadiq Khan sets sights on Elizabeth Line extension east of Abbey Wood to Ebbsfleet | City A.M. January 12, 2018 The £14.8bn Elizabeth Line is currently on track to be fully open by the end of next year, and the mayor is now eyeing a previously mooted extension to the railway. Sadiq Khan has outlined in his draft London plan, setting out how he thinks the capital should look like over the coming years, that [...]
London’s mayor Sadiq Khan sets sights on Elizabeth Line extension east of Abbey Wood to Ebbsfleet | City A.M. January 12, 2018 The £14.8bn Elizabeth Line is currently on track to be fully open by the end of next year, and the mayor is now eyeing a previously mooted extension to the railway. Sadiq Khan has outlined in his draft London plan, setting out how he thinks the capital should look like over the coming years, that [...]
London’s mayor Sadiq Khan sets sights on Elizabeth Line extension east of Abbey Wood to Ebbsfleet | City A.M. January 12, 2018 The £14.8bn Elizabeth Line is currently on track to be fully open by the end of next year, and the mayor is now eyeing a previously mooted extension to the railway. Sadiq Khan has outlined in his draft London plan, setting out how he thinks the capital should look like over the coming years, that [...]
As the first residents move into Television Centre, a new era is beginning for the BBC’s former home in west London November 28, 2017 When BBC Television Centre in White City, west London, was opened by the Queen in 1961, it was described by then director general Gerald Butler as “the largest, best equipped and most carefully planned factory of its kind.” Rather than goods, this building would manufacture culture and, at the time, it was the most ambitious [...]
Hotels stump up for new business rate bills April 7, 2019 Some of London’s most iconic hotels are facing renewed pressure from rising property taxes, according to business rate experts who fear that the sector could be hit by the latest round of bills. Real estate services firm Colliers found that 93 London hotels have been charged with a combined total rates bill of £12.2m this [...]
House prices in UK cities are now less affordable than any time in the last 10 years February 2, 2018 Buying a house in UK cities has reached its least affordable in a decade, new research has shown, after the gap between house prices and average earnings widened further. The average worker in must now spend seven times their earnings to buy a house in a city, figures by Lloyds Bank showed, up from 6.9 [...]
Britain may be left out in the cold over Russia row March 20, 2018 As Britain froze again over the weekend thanks to the mini Beast from the East, another chill wind blew across Europe from Russia. Russian President Vladimir Putin was re-elected with more than 76 per cent of the vote and immediately ratcheted up the war of words between his country and Britain. Mr Putin’s victory in [...]
Revealed: Mayor’s plans to pedestrianise London’s Oxford Street next year November 6, 2017 Radical plans to pedestrianise Oxford Street are set to get underway next year to provide a traffic-free space in central London in time for the full launch of Elizabeth Line services. London mayor Sadiq Khan and the deputy leader of Westminster City Council Robert Davis, announced the plans this morning to banish buses and black [...]