London Stock Exchange owner faces potential shareholder revolt over plans to double chief’s pay April 7, 2024 The owner of the London Stock Exchange is facing potential shareholder dissent after a key proxy advisor opposed plans to double its chief's pay amid a debate over how the Square Mile can compete with US-style remuneration deals.
London Underground staff plan strikes in January. Here are the dates you need to know about December 22, 2023 Members of the Rail, Maritime and Transport union (RMT) have voted overwhelmingly to take industrial action over a 5% pay offer.
Travelling this Easter? Here’s all you need to know for London transport, planes, trains, and cars March 27, 2024 After more than a year of rail delays, and the recent M25 closures, we take a look at what the great Easter getaway will look like this year.
FTSE 100 today: London markets set to open higher on the heels of strong US tech earnings April 26, 2024 Asian stocks rallied alongside a strong tech sector fuelled by impressive US earnings. Bank of Japan maintained its short-term interest rate target at 0-0.1 per cent. Oil prices climbed, while Microsoft and Alphabet shares surged post-earnings beats. Investors await US inflation data and focus on ExxonMobil and NatWest earnings.
Sadiq Khan plans to hike London council tax bills by 8.6 per cent December 19, 2023 Sadiq Khan has unveiled plans to hike Londoners’ council tax bills by almost £40 as he prepares to stand for a record reelection to a third term in office.
London Irish owner hits out at rugby as club file for administration June 7, 2023 London Irish have filed for administration having been kicked out of English rugby on Tuesday. The club were unable to show proof of funds to operate next season – either by a new American consortium or by current owner Mick Crossan – and were therefore expelled from “any league” next season. Crossan said in a [...]
From ‘sugar rush’ to recovery: Could 2024 be the year London markets get back on track? December 28, 2023 As a subdued year on the London stock market comes to an end, Dan Webster looks ahead to what may be in store in 2024.
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 [...]
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
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. [...]