FTSE 100 close: London index dips below 8,000 point mark on interest rate hike fears February 21, 2023 London’s FTSE 100 closed below the 8,000 point today driven lower by a broad sell off fuelled by investors sweating over more interest rate rises from central banks. The capital’s premier index slipped 0.46 per cent to 7,977.74 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the [...]
NatWest shock profits lift London’s FTSE 100 July 29, 2022 London markets were boosted by investors piling into NatWest after it announced it will hand back £2.1bn to investors. The capital’s premier FTSE 100 index climbed 0.39 per cent to 7,374.25 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, added 1.32 per cent to [...]
London Film Festival 2022: Seven titles not to miss, from The Whale to Empire of Light October 3, 2022 The BFI’s London Film Festival (LFF) is just around the corner, with the Southbank Centre playing host to the great and the good of the movie business from 5-16 October. This year it will showcase 164 feature films — 22 of which are world premieres — across nine London venues. There is something for everyone in [...]
Lettings growth drives increase in revenue for London estate agent Foxtons July 28, 2022 Leading London estate agent Foxtons Group rode the wave of increasing lettings in the first six months of the year, despite a near 20 per cent drop in overall sales revenue. With the housing crisis continue to engulf much of the UK, Foxtons had a growth in revenue by three per cent. up from £63.4m [...]
Affordable homes: London targets not being met despite 50 per cent rise in construction projects, claim Tories February 14, 2023 London mayor Sadiq Khan has been criticised for being behind on building targets for affordable homes, despite new construction projects increasing on last year. City Hall says 900 more affordable homes were completed in the financial year to December 2022 than in the same period last year, a rise of 50 per cent. But Tory [...]
Avert economic damage rail strikes will cause, say London businesses July 25, 2022 London businesses have called on unions, operators and the government to find a solution to the ongoing railway strikes “and avert the economic damage” they will cause. “The week-long rail disruption in June caused footfall in the capital to drop by up to a quarter compared to the previous week,” Ruth Duston – chief executive [...]
London house price growth slows, but you’ll still need over £1m to live in Camden, Kensington or Westminster March 20, 2023 The price of the average London home stood at £680,806, according to online estate agent Rightmove, which found that house prices in the capital rose 2.5 per cent compared to three per cent in Britain as a whole in the last 12 months. When looked at borough-by-borough, property prices fared differently. So while Camden residents [...]
He’s got the X-Factor! Presenter Dermot O’Leary awarded Freedom of the City of London November 1, 2022 Dermot O’Leary has been honoured with the freedom of the City of London, inspired by his charity work and Irish heritage. The radio host and personality was recognised for his patronage with the London Irish Centre, saying he was “genuinely honoured” to get the accolade. Former X-Factor presenter who currently presents a BBC Radio 2 [...]
FTSE 100 close: London index breaches 8,000 mark for first time ever despite Barclays tumbling February 15, 2023 London’s FTSE 100 today breached the 8,000 point mark for the first time ever despite Britain’s biggest banks tanking after Barclays posted a big profits drop. Today’s move higher crystalises the premier index’s bullish start to 2023 that has seen it surged more than seven per cent. The new year rally builds on advances that [...]
London solicitors’ body calls on members to join barristers’ strike June 21, 2022 The London criminal solicitors’ trade body has called on its members to back the barristers strike, after criminal barristers voted in favour of plans to stage series of court walkouts, starting from next week. The London Criminal Courts Solicitors’ Association (LCCSA) called on its members to support the barristers strike by joining their colleagues in [...]