The Capitalist: Labour’s boost for wealth advisors and bane for private schools plus friends like Boris’
Transport for London warns of huge crowds on Coronation weekend – and here’s what they’re doing about it April 18, 2023 Service providers such as Transport for London which operates the tube and bus network in the Capital have warned of huge central London crowds between 6 and 8 May over the bank holiday weekend. Extra train services are being laid on for the King’s coronation weekend, but the transport operation will not match the scale [...]
High rents are driving young people out of London and depriving businesses of talent, industry warns March 7, 2023 Fears that young talent could be driven out of London due to soaring rents and a lack of affordable accommodation is “bad news” for London’s businesses and the economy, industry bodies warn. Paul Swinney, director of policy and research at Centre for Cities’, told City A.M the capital has already seen a “squeeze” on the [...]
London economy powers ahead of every other UK region as the capital shrugs off recession fears April 18, 2023 London’s economy is firing on all cylinders and has raced ahead of every other region in the UK as spending in the capital climbs to the highest level in a year, a new survey shows. According to NatWest and S&P Global’s regional purchasing managers’ index (PMI), businesses in London are performing better than in any [...]
London’s largest law firm DLA Piper closes Russian offices March 15, 2022 The City of London’s biggest law firm by revenue, DLA Piper, is set to close its Moscow and St Petersburg offices, as law firms from across the globe continue to pile out of Russia. In a statement, DLA Piper said it will transfer its Russian business to the UK, in line with the “legal and [...]
London motorists hit with sharpest uptick in car insurance costs as UK premiums surge January 25, 2023 Motorists are now paying £100 more for car insurance than last year, according to new research which shows premiums have increased at their sharpest rate in six years. Car insurance premiums have increased 19 per cent over the past 12 months, meaning motorists now pay average sums of £629 to insure their vehicles, Confused.com’s Car [...]
Rugby League World Cup offers London chance to shine September 28, 2022 England legend Martin Offiah has championed the decision to take the Rugby League World Cup to the South for this year’s trio of tournaments. The men’s, women’s and wheelchair competitions are due to take place concurrently in the same country for the first time when they get under way next month, a year later than [...]
London is triumphing over its reputation as the weird cousin of US tech successes December 15, 2022 Next year will mark twenty-five years since the dot.com boom that took place between 1998 and 2001. It was a time of huge creativity. Capital, talent and enthusiasm flowed into new ideas and young start-ups. What can London in 2023 learn from those heady days? We were there in 1998 with the lofty ambition of [...]
Exclusive: EY poised to ramp up fintech investment with new London Lab December 14, 2022 EY said it is set to pump millions of pounds into the fintech sector in the next year as it unveiled a new London incubator today designed to cultivate start-ups in the capital.
FTSE 100 close: Barclays, HSBC and Easyjet shine on otherwise poor day in London January 25, 2023 London’s FTSE 100 today gave up morning gains to finish lower before stronger-than-expected retail earnings provided a balm against recession fears. The capital’s premier index fell 0.22 per cent to 7,740.34 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, slid 0.38 per cent to [...]
Snow chaos: Disruption across London continues with severe delays on tube lines December 12, 2022 Disruption across London’s transport network continued throughout the day following last night’s heavy snow. Services across the wider tube network were affected by severe delays, especially on the Central, Jubilee and Piccadilly lines. Minor delays were reported on the District, Hammersmith & City, Victoria and Northern lines as well as on the Overground between Euston [...]