Let’s be honest, rent controls are tempting but they would be a disaster for London April 6, 2023 Rent controls seem an attractive policy but don't be fooled: they would mean fewer new homes, fewer properties on the market and they'd risk turning London into a closed city, writes Matthew Lesh
Fresh multi-million pound grant stumped-up by Arts Council for the National Opera January 17, 2023 The English National Opera (ENO) is set to receive more than £11 million from the National Lottery for the next financial year after Arts Council England (ACE) announced funding cuts. In plans announced in November, ACE said it was removing the opera company as a national portfolio organisation, resulting in a funding cut of £12.6 [...]
Cory wins £12.1m funding to supply thousands of London homes with low-carbon heat May 28, 2021 London-based environmental group Cory has been awarded £12.1m through the government’s £320m Heat Networks Investment Project (HNIP). The fund, which is split into a £1.6m commercialisation grant and a £10.5m construction loan, will provide low-carbon warmth to 21,000 London homes. Cory’s existing Riverside energy from waste (EfW) facility will provide heat for up to 10,500 [...]
Ed Warner: Why invest in hosting sport? Mainly because it’s bloody fun March 14, 2024 Our columnist gives his take on the sport business world.
London is home to 60 unicorns after record levels of investment last year March 16, 2021 London is now home to 60 companies with unicorn status as the capital cements itself as Europe’s hub for tech investment. Despite the challenges of the pandemic, six London-based companies secured valuations of over $1bn in 2020: Octopus Energy, Arrival, Kazoo, infobip, Gousto and Hopin. And it’s been a strong start to 2021 with an [...]
1 in 5 London office firms expect staff to work from home five days a week after pandemic June 21, 2021 One in five businesses which were office-based before the pandemic expect staff to work from home for five days a week after the Covid crisis finishes. That’s according to a poll of 520 business leaders by the London Chamber of Commerce and Industry (LCCI), which also found that nearly half of firms that are able [...]
First-time buyers: Top 10 cheapest London boroughs to save for a house deposit whilst living at home May 26, 2021 As many as 1.25m couples live with their parents, with a fourth admitting they made the tough decision to move home in order to save for a house deposit. Less than a third of parents charge their child and partner rent, making the move back to the family home the perfect money-saving option for couples [...]
UK house prices hit ‘hat-trick’ new high, climbing more than £5.5k since March April 25, 2022 The average price of a home has hit its third record high in just three months, as spiralling costs dampen the hopes of Londoners looking to climb the ladder. Prices have jumped 1.6 per cent since March – the equivalent of £5,537 – to £360,101 on average across the UK, according to Rightmove today. With [...]
Young Londoners want to stay in the city, but most are being priced out of properties October 4, 2021 Most younger Londoners do not want to move out of the capital to afford a home, but current property prices remain the biggest obstacle to being a homeowner for more than half of them, according to new research. The research, from affordable housing developer Pocket Living, also found that just two in ten of London’s [...]
Jaws drop as Boris Johnson’s father hosts Chinese ambassador banned from parliament for intimate lunch at home April 26, 2022 It has emerged Boris Johnson’s father Stanley invited the Chinese ambassador in the UK to his home for lunch, the same ambassador that was banned from parliament after China imposed travel bans and asset freezes against five British MPs and two peers. Zheng Zeguang, China’s ambassador to the UK, showed up at Stanley Johnson’s home [...]