Post-Grenfell, second staircase for London buildings taller than 30 metres now mandatory, says Sadiq Khan February 13, 2023 All new London buildings taller than 30 metres will be required to have a second staircase, Mayor Sadiq Khan has announced. All planning applications will need to adhere to the building safety measure, which comes into force with immediate effect, before going to the GLA for sign off. The requirement for a second staircase in [...]
How London could become a 15-minute city, without leaving its centre behind November 1, 2022 It was 2020, and Anne Hidalgo, the mayor of Paris, was launching her re-election campaign. Paris was “capable of inventing a new history without forgetting its past”, she said back then, while introducing the concept of the “15-minute city”. Fast forward two years, and Hidalgo is still the mayor of an increasingly green, accessible Paris. [...]
Sober IS fun: alcohol free events in London this Dry January, from comedy nights to booze-free bars January 11, 2023 Whether you’re swerving the sauce completely or scaling back the drinking and going for a Damp January like this lot, here are the low and no alcohol events this month that don’t skimp on fun. Party, laugh out loud and experiment with new flavours with these alcohol free events for Dry January. A new bar [...]
Londoners’ anxiety skyrockets 57 per cent due to rising bills, going out less November 1, 2022 Almost sixty per cent of Londoners are increasingly anxious about rising energy bills, with millions eating less healthily and staying in more to save cash. The human impact of the cost of living crisis continues to deepen, with new figures exposing a deep generational dive between young professionals and over-65s. The data, published by Personal [...]
London markets muted ahead of US Federal Reserve rate decision July 25, 2022 London markets were mixed today as traders brace for another potential rate bazooka from the US Federal Reserve on Wednesday. The capital’s premier FTSE 100 index edged 0.41 per cent higher to 7,306.30 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dropped 0.11 per [...]
London Stock Exchange ready to ‘fight’ for Arm listing, says boss July 21, 2022 The boss of the London Stock Exchange said the bourse was willing to “fight” to win the listing of British chipmaker Arm today after reports its Japanese owner Softbank has downed tools on a London listing.
Is running the new golf? Why TCS has become title sponsor of the London Marathon September 27, 2022 For four decades the London Marathon has had a consumer-facing brand as its title sponsor, from Gillette and Mars in the 1980s to the more recent Flora and Virgin Money. But that will change on Sunday, the first race of its rebranding as the TCS London Marathon as part of a six-year contract with the [...]
London markets kick off new week in positive fashion June 20, 2022 London’s top indexes kicked off the new trading week in positive fashion today, continuing a trend of wild swings on global markets. The capital’s premier index surged 1.5 per cent to close at 7,121.81 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, added 0.45 [...]
US buyers of central London property snag ‘discount’ with favourable exchange rates August 23, 2022 US buyers of central London property are snagging an “effect ‘second’ discount” of around 12 per cent thanks to recent exchange rates, according to real estate investment advisory London Central Portfolio. The pound was at its lowest against the dollar since March 2020 this morning. Flats and houses in Mayfair and Marylebone are said to [...]
Soaring interest rates could spark five per cent London house price fall October 31, 2022 Soaring interest rates and a tough cost of living crisis could send London house prices on a downward spiral, new research published today warns. Home prices in the capital are on course to shed five per cent next year, driven by sellers dropping prices to attract buyers hit by an affordability crunch, according to property [...]