Coronation weekend: How to get around London, what roads are closed and are buses and trains working? May 5, 2023 Londoners have been warned the Coronation weekend will lead to numerous road closures in central London, with services likely to be “very busy”. Transport for London confirmed there are “no planned closures” of the London Underground network, but warned during the day on Saturday particularly at key interchanges it will be considerably busier than usual. [...]
FTSE 100 close: London markets end week higher after boost from US GDP June 30, 2023 London markets closed the week higher on Friday after revised US growth figures showed the world’s largest economy was performing better than expected. The capital’s premier FTSE 100 index rose 0.91 per cent to 7,538.36 while the midcap FTSE 250 climbed 0.90 per cent to 18,434.23. Investors were buoyed by stronger than expected growth in [...]
FTSE 100 Live: London markets fall following Bank of England’s interest rate decision May 11, 2023 London’s FTSE 100 index fell this afternoon following the Bank of England’s latest interest rate decision, when the Bank’s base rate was lifted by 25 basis points. The capital’s premier index fell 0.64 per cent to 7,691.42 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK [...]
Central London footfall collapses in run-up to Christmas as strikes hit December 25, 2022 Christmas Eve footfall in central London was almost 15 per cent down on the week before as rail strikes effectively wiped out last-minute shopping plans. December 24 is usually a bumper day for retailers as Londoners rush to pick up last-minute gifts before getting trains home, whilst Brits also flock into the capital for a [...]
Chiefs break London Irish hearts in Prem Rugby Cup extra time win March 19, 2023 Aidon Davis’ extra time try handed Exeter Chiefs a 24-20 win in the Premiership Rugby Cup final and condemned London Irish to a second consecutive final defeat in the competition. Ignacio Ruiz and Jack Innard exchanged tries early on before Argentina front-row Ruiz scored his second to hand London Irish the lead in Brentford. The [...]
London braced for transport chaos as Christmas Eve train strike begins December 24, 2022 Strike action could bring chaos to millions of people on Christmas Eve, as walkouts hit rail services and Border Force action enters a second day. With one day to go until Christmas, travellers were being issued with warnings of delays, congestion and disruption. Fears of disorder at UK airports and long queues at passport control [...]
Crash? What crash? House prices defy gravity though London lags slightly March 20, 2023 House prices continues to defy expectations with a steady recovery this month that has seen the average property coming onto the market increase by £3,000. Asking prices for new sellers do still remain £5,800 below their peak in October 2022. London’s average asking price fell by 0.1 per cent in March, leaving the average price [...]
London flexible office occupancy rates recover to pre-pandemic levels December 22, 2022 Flexible office spaces in central London have seen their occupancy rates recover to pre-pandemic levels, new data shows. A majority (86 per cent) of the world’s top 30 flexible workspace providers have seen now seen occupancy rates in their central London offices surpass levels of 60 per cent, a survey by Knight Frank shows. A [...]
Londoners warned about busier buses as drivers go on month strike December 21, 2022 Londoners have been warned that buses will be “busier than usual” in the next few weeks, as drivers working in south and west London are set to go on strike. Members of the union Unite working for operator Abellio will down tools for 11 days between 24 December and 26 January as part of a [...]
Sadiq Khan to run for third term as London mayor in 2024 election December 20, 2022 Sadiq Khan will seek a third term as London mayor, after being selected as Labour’s candidate for the 2024 election. Khan, who would be the first London mayor to win three elections if victorious in 2024, said it would be a “very tough election” and that “there’s still so much more to do.” There have [...]