Affordable homes: London targets not being met despite 50 per cent rise in construction projects, claim Tories February 14, 2023 London mayor Sadiq Khan has been criticised for being behind on building targets for affordable homes, despite new construction projects increasing on last year. City Hall says 900 more affordable homes were completed in the financial year to December 2022 than in the same period last year, a rise of 50 per cent. But Tory [...]
City leaders turn to AI bots to fight financial crime April 15, 2024 Half of leaders in the City of London use AI to access financial advice, according to new research.
Building materials supplier SIG warns of tough conditions as headwinds buffet construction market January 9, 2024 Housing supplier SIG rode out sluggish market conditions and expects to post profits at the upper end of its guidance, as investors hope for an upturn in fortunes this year. The firm said it expects revenues of almost £3bn in an update published this morning, with profit being between £50-55m, at the upper end of [...]
Hotel investments plunge to lowest level since 2012 as high costs bite January 8, 2024 Despite the slowdown, foreign investors continued to express interest in the market with 39 per cent of all deals involving overseas buyers, particularly in London
OrdinalsBot raises more than a million dollars in seed funding October 9, 2023 OrdinalsBot confirmed today that it had successfully raised more than $1 million in seed funding.
London is in a race for space – and developers need to do more than look up April 12, 2024 Tall buildings are great, but with huge demand for quality physical space in the capital, the construction industry needs to be more creative, says Ged Simmonds Despite post-pandemic fears of vacant buildings and stranded assets, recent coverage has revealed that London is now in the midst of a ‘race for space’. News that Deloitte has [...]
The key to reducing our emissions is in our buildings, not meatless burgers August 11, 2023 No matter how many meatless burgers we eat, it won’t save us from climate change unless we deal with the emissions hiding in our buildings.
Britain’s ‘science superpower’ ambition will mean nothing if we don’t upgrade our labs February 12, 2024 The UK's scientists are world-leading, but their research will be held back if we don't upgrade our lab spaces and infrastructure, writes Orestis Tzortzoglou.
Labour: We’ll ‘unashamedly champion’ financial services as party plots rulebook reform January 31, 2024 Labour have promised to reform the City's rulebook to give financial services the support it needs to be competitive on the global stage
West End office rents forecast to double as financiers vie for top addresses October 30, 2023 Property expert predicts £300 per sq ft within a year as demand soars