Autumn Statement fails to lift mood in the capital ahead of Christmas, survey suggests December 21, 2023 Business confidence in the capital fell sharply approaching Christmas, as confidence in the wider economy took a big knock despite the measures announced in the Autumn Statement.
Insurance SPAC boss: London loves a bad headline – but we’re the best in the world November 2, 2023 London loves a “bad headline” and should instead embrace its role as the “global centre” of insurance expertise, the boss of a listed acquisition vehicle has claimed, as he prepares to debut a new insurance firm on the public markets this month.
Profit slumps by over £400m at Lloyds-owned car leasing firm August 27, 2024 Profit at the car leasing company owned by Lloyds Bank slumped by more than £400m during 2023, it has been revealed. Lex Autolease, which is headquartered in London, has posted a pre-tax profit of £124.4m for its latest financial year, according to newly-filed accounts with Companies House. The new total comes after the business posted [...]
Standing up for the recovery: an interview with Lloyds Banking Group’s London ambassador November 18, 2020 Ed Thurman has a different perspective – literally – from most people on banking and how the country can recover from the pandemic. Firstly, he holds two very different senior positions at Lloyds Banking Group: managing director for global transaction banking and ‘ambassador for London’. Secondly, he is 6ft7in tall and has spent most of [...]
How Westminster planning restrictions will choke off London’s super-prime property boom March 16, 2024 Changes to planning laws made by Westminster Council could see the current boom in super-prime developments shut off and bring a scarcity value to expensive central pads in the next few years. The local authority’s new restrictions, which were adopted in 2021 as part of the borough’s 2019-2040 ‘City Plan’, mean that no new residences [...]
London rejects most planning applications despite housing crisis May 3, 2024 The majority of councils refusing at least one in two submissions for new housing in 2023 are disproportionately in London, new data shows.
Comeback kid: Embattled energy trust seeks to restore London listing after delayed results January 23, 2024 The Asian Energy Impact trust is seeking to restore its London listing after publishing delayed annual and interim results, following months of controversy around the trust. In April, the trust’s shares were suspended after an issue was identified with its 2022 annual results, leading to ‘material uncertainty’ over the fair value of some of its [...]
David Lloyd’s quest to ‘premiumise’ clubs gets members back on the treadmill June 19, 2024 Fitness chain David Lloyd Clubs has seen its members return to its gyms in droves after it decked them out with luxury spas, outdoor dining areas and "premium" co-working spaces.
Telegraph’s ‘Harrison Ford’ sale chief locked in bitter legal battle January 31, 2024 An executive parachuted in to oversee the sale of the Telegraph, dubbed the “Harrison Ford of restructuring”, has found himself embroiled in a bitter legal battle between a FTSE 100 private equity firm and one of its portfolio companies, City A.M. can reveal.
Covid-19 is not slowing climate change – businesses still have to do their bit September 17, 2020 Much has been made of the so-called global reset brought about by the pandemic, and many have subscribed to the Instagram-ready notion that the earth is healing due to lockdowns. This is despite the effect of Covid-19 on the environment being either negligible or harmful. For policy makers, the immediate and tangible threat to life [...]