London renters forking out ‘unseasonable’ £570 a week as supply of homes dwindles March 22, 2023 London rent prices have shown no sign of cooling in February, with renters in the capital now forking out up to £570 per week on affordable accommodation costs. According to figures by letting agent Foxtons, a limited pool of supply and challenging economic outlook has forced rent prices up five per cent in the capital [...]
London Mayor: Two Tories officially throw their hat in the ring to take on Sadiq Khan May 9, 2023 Ex-Boris Johnson advisor Samuel Kasumu and former City Hall Tory chief Susan Hall have announced they plan to stand as Conservative candidate to run against mayor Sadiq Khan. The news came as the party opened the race to decide its mayoral pick ahead of a July 19 deadline, giving the chosen name 10 months to [...]
From Jamie Oliver to Jeremy King and Jason Atherton: Top restaurants opening in London in 2023 and beyond August 23, 2023 London may be in that strange, midsummer quiet period but the restaurant industry is already gearing up for the autumn rush, with some of the most exciting launches since the pre-Covid times lined up over the coming months. Whether it’s the iconic The Wolseley opening its second venue on King William Street in the City, [...]
CMA: Hitachi takeover of Thales’ rail signalling unit won’t impact London Tube projects August 23, 2023 Hitachi’s £1.4bn takeover of Thales’ rail signalling business won’t impact competition in the market for supplying signalling systems for the London Underground, the UK’s antitrust agency said today. The proposed deal led the Competition and Markets Authority to raise competition concerns back in December, as Hitachi and Thales are two of the main suppliers of [...]
Fintech firm CAB Payments eyes £850m price tag in rare London IPO June 27, 2023 Fintech firm CAB Payments has revealed it will look to fetch a price tag of more than £850m next month when it floats in London in a much-anticipated IPO.
Man Group: London Hedge fund chief to retire with president set to take the reins May 11, 2023 The boss of London hedge fund firm Man Group, Luke Ellis, has announced he will step down later this year when the firm’s chief operating officer will step into the top role.
Why the man who brought New York living to London thinks the capital is set for success June 27, 2023 Property impressario Jon Hitchcox, the brains behind The Lakes by Yoo, remains optimistic about Lomdon's immediate future
CMC Markets: London listed trading platform run by Lord Cruddas bids farewell to CFO July 7, 2023 Trading platform CMC Markets has announced the resignation of its group financial officer as a director. The company’s top exec, Euan Marshall, will be heading to IntegraFin Holdings as its new CFO, and ends his tenure at CMC in January 2024. A search for his replacement will commence soon, and the firm said he’ll remain [...]
House price growth faces ‘significant drag’ from rate rises but London remains ‘buoyant’ June 30, 2023 House price growth may face “significant drag” from high interest rates as fresh figures show they remained relatively stable in June despite yearly growth being negative. The latest Nationwide House Price Index show house prices remained broadly flat in June, but down 2.5 per cent compared to last year, owing in part to 13 successive [...]
FTSE 100 close: London dips as oil prices fall on easing Gaza tensions as bond yields rise October 23, 2023 London's FTSE indexes opened lower on Monday morning with little to change the mood after last week's rout in markets.