Derwent London reports dip in rental income after ‘unprecedented’ year during pandemic March 11, 2021 Property firm Derwent London this morning reported a dip in net rental income for the year, as the vacancy rate for the London office market doubled during the pandemic. Gross rental income for the landlord hiked 5.8 per cent last year to £202.9m, up from £191.7m in the same period last year. However the impact [...]
Four in 10 Londoners to switch jobs due to declining sector opportunities December 9, 2020 More than four in 10 (42%) Londoners are leaving their current jobs and sectors for fear there are declining job opportunities in their current line of work. Londoners are seeking job opportunities that are more stable and will not be impacted by the coronavirus pandemic, with nearly half (49%) of those polled moving sector for [...]
Buzzbike CEO: Urban bike ownership will be dead in a decade April 21, 2021 It’s been a long-held belief that to make cities greener, more people need to own a bike. That’s not true; I’m of the firm belief that in fact, we’re witnessing the end of bike ownership in urban areas. At the peak of COVID last spring, Boris Johnson stood in his daily briefing and declared we [...]
Supermarket heavyweights the Co-op and Waitrose face mounting pressure to return business rates relief December 4, 2020 High street titans the Co-op Group and Waitrose are facing mounting pressure to follow their peers and hand back millions of pounds of business rates relief dished out to keep the companies afloat during the pandemic. The Co-op is facing growing disquiet from members after refusing to emulate rivals Tesco, Morrisons, Asda, Sainsbury’s and Aldi, [...]
Retirement planning? Sorry, we’re too busy watching Netflix May 19, 2021 The Covid-19 pandemic has led many people around the world to reassess their priorities and goals. Many countries have seen infection rates soar through various waves of the virus, resulting in widespread lockdowns with large parts of their economies closed and people forced to remain at home. In a more uncertain world, people have also [...]
Culture shock May 20, 2021 Covid-19 has left the UK’s world-leading arts sector fighting for survival. As museums and theatres prepare to reopen, four expert CAs tell us how their work has been upended and what their recovery roadmaps look like. This article first appeared in ICAS’ CA magazine. All dramatists know the importance of a happy ending; the gratifying [...]
We need a London housing strategy that doesn’t ignore the squeezed middle August 10, 2020 The UK — and London in particular — faces a housing crisis. This is not news, and nor has the need for more affordable housing been ignored by politicians. Last week, the government announced an overhaul of planning rules to make it easier to build, while earlier this month, a House of Commons committee published [...]
The arts are not an optional extra, they are the life and soul of our nation October 8, 2020 If at first you don’t succeed, retrain and move into a more viable vocation. That was the advice of the chancellor this week with regards to the impossible position faced by artists, musicians and actors who have seen their livelihoods decimated since the start of the Covid crisis. ITV may have later clarified that Rishi Sunak’s [...]
Silicon Roundabout: What will London’s tech hub look like after lockdown? April 1, 2021 The cluster of tech companies in East London, also known as Silicon Roundabout, was largely born out of the last financial crisis after soaring rents pushed companies out. This time round the fate of East London may look a little different as tech companies make remote working the norm. Remote working is here to stay [...]
Awards 2023 January 4, 2023 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]