Over a million commuters to be hit by Sadiq Khan’s ULEZ expansion, London Tories claim May 3, 2023 More than a million people that commute into London could be hit by Sadiq Khan’s expansion of the City’s ultra low emission zone (ULEZ), City Hall Conservatives have argued. Under the expansion, motorists with petrol and diesel cars that don’t meet emissions standards will face a £12.50 daily charge or a £180 fine for each [...]
HSBC doubles down on homeworking as Lloyd’s of London pushes for return to City HQ February 26, 2023 HSBC’s and Lloyd’s rival plans for the futures of their London headquarters have revealed a growing split in attitudes towards the long-term prospects of working from home. Lloyd’s of London is reportedly in talks to extend the lease on its iconic City headquarters as it works to bring staff back into the office in resisting [...]
Derwent hikes dividend as election boosts London office sector February 25, 2020 Property investment firm Derwent London hiked its dividend this morning as it said it has a “more confident outlook” for the capital’s office sector following the General Election result. The figures Derwent reported a total return of 6.6 per cent in the year ended 31 December. Net rental income increased 10.5 per cent to £178m, [...]
London lawyer forged letter and ‘tipped off’ client during Serious Fraud Office probe March 15, 2022 A senior partner at London law firm Osmond & Osmond has been charged with forging a legal letter and tipping off a client over plans by the Serious Fraud Office (SFO) to launch an investigation under the proceeds of crime act. Sixty-seven-year-old solicitor William Osmond – who founded London law firm Osmond & Osmond in [...]
Amazon ‘launches search’ for new London office space February 3, 2020 Amazon is said to be on the hunt for new office space in London as the e-commerce giant doubles down on its commitment to the capital after Brexit. The tech firm has called in advisers at Cushman & Wakefield to find a building with roughly 200,000 square feet (sq ft) of office space, the Times [...]
Revolut in talks to move headquarters to Canary Wharf landmark November 6, 2023 Fintech Revolut is in negotiations to relocate its headquarters to a more central area of Canary Wharf, according to reports, in what could be a boost for the struggling financial district.
City of London office leasing hits all time high February 20, 2020 Office space leasing in the City hit an all time high in 2019, rising to 43 per cent of all take up across London, according to the latest research. Leasing in the City reached 6.4m sq ft last year, a jump of three per cent on the previous year. Total office leasing in London reached [...]
DS Smith suitor pledges London Stock Exchange listing and headquarters in the City April 4, 2024 The US paper firm vying to snap up box-maker DS Smith has said it will look for a secondary listing in London and retain a base in the City if it is successful in buying the firm.
Quinn Emanuel’s London revenue jumps to shy of £200m January 10, 2024 US law firm Quinn Emanuel's profits in the City have jumped by nearly 50 per cent over the last year, as litigation booms.
Deutsche Bank starts cutting jobs at Numis after merger July 4, 2024 Deutsche Bank has started cutting jobs at Numis after the German giant acquired the City-based investment bank for £410m last October.