Law firms drive demand for London’s ‘super-prime’ office space March 29, 2022 Law firms are driving demand for “super-prime” office space in Central London, amid fierce competition to recruit and retain legal talent. Law firms took up more than a quarter (27 per cent) of all office space in the City of London last year, according to figures from Knight Frank. Intense competition between law firms to [...]
Spring Budget 2024: Just four per cent of London homes exempt from ‘hefty’ stamp duty fees as pressure mounts on Hunt February 28, 2024 Only four per cent of homes on sale in London are exempt from “hefty” stamp duty charges, as fresh pressure is piled on the UK Chancellor to reform the levy ahead of the Spring Budget next week.
FTSE 100 close: London ends in the red as BoE’s Bailey warns of persistently high inflation May 17, 2023 London’s FTSE 100 index fell on Wednesday evening as Andrew Bailey warned that the UK would face high inflation for months to come. The capital’s premier index closed down 0.36 per cent at 7,723.23 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, fell 0.30 [...]
FTSE 100 close: London markets rally after ‘blockbuster’ Nvidia results as investors bet rates are nearing peak August 24, 2023 London markets stood out among global peers as investors bet that the Bank of England was nearing the end of their rate hiking cycle. The bluechip FTSE 100 index climbed 0.24 per cent to trade at 7,338.16 The midcap FTSE 250 index slipped 0.11 per cent to 18,206.37. Indexes in Paris and Frankfurt fell, having [...]
FTSE 100 close: BT and Burberry slump to bottom of London index as easyJet regains ground May 18, 2023 London’s FTSE 100 kicked higher this today, driven by retailers offsetting a sharp sell off in BT shares after it said it will shed 55,000 workers over the next decade. The capital’s premier index jumped 0.25 per cent to 7,742.29 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health [...]
A global London campaign just the tonic for Mayor-PM relations October 13, 2022 In the run-up to Liz Truss’ election by the Conservative party as Prime Minister, the Mayor of London Sadiq Khan wrote in these pages that it was time to turn a new leaf in the capital’s relationship with Downing Street. It is no secret that he and Johnson didn’t see eye to eye – clashing [...]
Going underground: Tube set for more 4G connectivity in central London January 3, 2023 Commuters will soon no longer have to rely on intermittent tube station wifi to read CityAM.com – with 4G connectivity coming to a host of new stations. According to Transport for London, final 4G testing is underway at Camden Town, Oxford Circus and Tottenham Court Road. If successful it will mean 4G is available at [...]
City marks 50th anniversary of first female traders on floor of the London Stock Exchange March 27, 2023 Two “trading floor trailblazers” opened the London Stock Exchange to mark the 50th anniversary since the first women traders were admitted into the historic marketplace. Susan Shaw and Hilary Pearson, who began working on 26 March 1973, were among the first female stockbrokers in the London Stock Exchange Group (LSEG) . They opened the day’s [...]
Stansted: London airport reports busiest day of the year as Coronation boosts traffic to 2.4m May 12, 2023 London Stansted saw its busiest month since September as 2.4m passengers passed through over April, up 16 per cent on the previous year, with Coronation guests boosting traffic. The airport also registered its busiest day of the year, seeing 87,000 guests pass through the terminal on Easter Monday. April saw the royal ceremony bolster a [...]
London Irish: Club can end 13 years out of play-offs with form surge March 27, 2023 And there we have it, the once-chronic Premiership rugby underachievers and serial drawers London Irish are in the top four and storming towards the play-offs. Director of rugby Declan Kidney and head coach Les Kiss have taken a side that won just one of their opening eight games – excluding their match against the now-dissolved [...]