UK to level up local transport with £7bn investment April 4, 2022 The UK Government announced today it will invest £7bn to level up the country’s local transport system. Transport secretary Grant Shapps tweeted that the funding will be use “to roll out cheaper, better bus services outside of London”, providing upgrade to tram, cycling and rail networks too. Under the scheme, 31 counties, city regions and [...]
London tops European fintech occupier index with £15bn funding December 10, 2021 London has beaten European capitals for the top spot in a new ranking table of the most attractive cities for fintech occupiers in Europe, according to reports. The capital, which has brought in over €18bn (£15.4bn) of fintech venture capital funding over the last five years, has kept its place at the top of the rankings compiled [...]
Mayor 2.0: London deserves a leader who can punch at the capital’s weight October 14, 2020 It’s more than 20 years now since we saw the creation of an elected mayor of London with executive power over the whole city. Devised at a time of widespread devolution, public response to the role was lukewarm, with only around a third of voters bothering to express a preference either way. It was somehow [...]
Britain passing up £18bn economic boost due to ‘failure’ to build enough homes February 23, 2023 Britain is passing up on a near £18bn economic boost due to the government and businesses’ “failure to build enough new” homes, a former Tory housing minister has claimed today in a new report. Brandon Lewis, ex-housing and planning minister, in a foreword to a report by think tank Policy Exchange said decades of weak [...]
A Tory dilemma: our workforce is weakest in Red Wall seats March 24, 2023 As the Conservatives look to fix the workforce, the Red Wall is wide open, writes Praful Nargund.
Wanted: A plan to save London August 7, 2020 The motto of the City of London is “Domine dirige nos”: Lord, direct us. But who is directing the capital as we struggle to comprehend the future in the wake of the Covid-19 pandemic? In the UK, we are notoriously poor at strategic planning (except, perhaps, in times of war). Partly, this is an ideological [...]
Attempts to move civil servants out of London result in twice as many being recruited in the capital February 8, 2022 A new report claims this morning that efforts to move civil servants out of London are “going backwards”. In fact, since 2018, one in three civil servants has been recruited in the city, meaning the number of civil servants has grown twice as fast in London, at 22 per cent, than it has in regions [...]
Thames Clippers expands east with new pier at Barking Riverside July 10, 2020 River bus service Thames Clippers is expanding its service east with a new pier at Barking Riverside, City A.M. can reveal. The pier, which will be delivered in 2021, is the service’s 24th and marks a four km expansion to the east. Co-founder of Thames Clippers Sean Collins told City A.M. that he had approached [...]
Quilter boss: Why Westminster needs to keep its ‘tinkering’ hands off the City May 2, 2024 Every week, Charlie Conchie sits down with the biggest movers and shakers in financial services. This week it’s Steven Levin, chief executive of wealth manager Quilter
Fighting Economic Exclusion from East London September 21, 2023 It is common for not-for-profit organisations to seek change. Many will choose a specific industry, policy area or demographic they want to affect. A narrow target which allows for strategy to be easily devised and success simply measured. Renaisi, an East-London-based social enterprise, also aim to make a difference. They specialise in assisting marginalised communities [...]