FTSE 100 close: Unilever helps London index squeeze out gains as traders eye Fed and ECB July 25, 2023 London’s FTSE 100 has squeezed out gains in a busy day of company announcements ahead of the summer slow down. The capital’s premier index edged 0.17 per cent higher to 7,691.81 points, while the domestically-focused mid-cap FTSE 250 index, which is a better reflection of the health of the UK economy, was broadly flat at [...]
London households to be hit with Council Tax increase – to pay for new Met officers January 18, 2023 London households are set to be hit with higher Council Tax in 2023 in part to pay for more Metropolitan Police officers. Sadiq Khan announced this morning that he was proposing a £38.55 increase on the average Band D house in the capital. He has the power to put top-up ‘precepts’ on local council bills [...]
London based IQ Capital raises $400m to fuel ‘deep tech’ AI and robotics startups June 5, 2023 London-based venture investor IQ Capital has bagged $400m across two funds today as it looks to ramp up its investment in ‘deep tech’ start-ups across areas including artificial intelligence (AI) and robotics.
Barrafina Borough Market is a true London gem August 10, 2022 It is not often that my friend and I are totally silenced by food but this happened not once but three times, followed by reverent murmured “oh my gods” as we each tried to get more of said dish onto our plates. It cements the new Barrafina Borough Market as one of the best meals [...]
Hogan Lovells hikes NQ pay to match London’s Magic Circle April 7, 2022 Anglo-American law firm Hogan Lovells has put itself on par with the Magic Circle in hiking salaries paid out to its newly-qualified lawyers to £107,500 a year. The law firm is set to give its freshly trained lawyers a 7.5 per cent pay boost after upping their salaries from £100,000. The pay hike puts Hogan [...]
FTSE 100 today: London shares poised to rise after US Fed maintains status quo; eyes on Apple and StanChart earnings May 2, 2024 Asian markets opened cautiously on Thursday after the US Federal Reserve signalled a delay in interest rate cuts, dragging Wall Street lower. Oil prices surged in anticipation of US reserve replenishment, and the yen strengthened amid intervention speculation. Qualcomm's stock surged on strong earnings. Focus now turns to earnings reports from Apple and StanChart.
Fintech Plus500 sees earnings double as London listed firm pushes on with US expansion April 19, 2023 Fintech firm Plus500 reported a surge in revenues to start the year today as it continued to push into the US and boost the amount of retail traders on its platform.
London to be crippled by fresh tube strike on budget day as RMT joins Aslef walkout March 1, 2023 Further London Underground Tube strikes are set to hit the capital on Budget Day this month. Underground workers will walkout on March 15, when chancellor Jeremy Hunt will announce the government’s financial plans for the next year, amid a row over pensions, jobs and pay. It comes after Tube drivers with the Aslef union announced [...]
Active bystanders: TfL launches anti-sexual harassment campaign in London January 16, 2023 TfL has launched an anti-sexual harassment campaign, calling on Londoners to be “active bystanders” and act when witnessing inappropriate behaviour. Transport for London (TfL) launched the campaign today in partnership with rail trade body the Rail Delivery Group, as well as the British Transport Police, the Met and City of London Police. This comes on [...]
Manchester beats London, as capital’s hotels struggle to return to pre-pandemic occupancy levels February 27, 2023 Manchester has trumped London in hotels occupancy levels for January, as the capital struggles to return to pre-pandemic levels. According to data by STR, a division of CoStar Group, occupancy rates in London were down six per cent in January to 65.1 per cent compared to 71.1 per cent by 6.0 per cent during the [...]