Group of six London pubs sold to the Laine Pub Company for around £4m April 11, 2017 Six London pubs, including The Camden Eye and The Black Lion, Hammersmith, have been acquired by the Laine Pub Company from the New Pub Company. City A.M. understands that the portfolio was sold for close to £4m. Read more: Heineken is investing £20m into its UK pubs Gavin George, chief executive of Laine Pub Company [...]
Transport for London (TfL) has mapped out 25 prime spots across London for where more cycling routes should be June 16, 2017 Cyclists of the capital, rejoice. For London’s new walking and cycling commissioner has announced the 25 corridors across London with the greatest scope for cycling, pinpointed to assess where investment should be ploughed most effectively. Will Norman, who was appointed to the position by London mayor Sadiq Khan back in December, has unveiled data analysis [...]
A third of London house prices have been reduced: We’ve ranked every borough July 25, 2017 More than a third of homes for sale in the capital have been reduced in price since they were first put on the market, according to new research. Analysis of homes listed on Zoopla has found 35.3 per cent of all homes listed for sale in the capital have had their prices cut since they [...]
Grand Union shake-up: London bar owners appoint advisers for sale January 10, 2017 The owners of trendy London bar chain Grand Union have appointed advisers as they seek to sell the business. Leisure property specialist Coffer Corporate Leisure has been taken on to handle the sale of Grand Union, City A.M. has learned. Read more: Craft beer may have just met its match The chain, which specialises in [...]
Londoners can now use an AI chatbot instead of the NHS 111 number January 5, 2017 Londoners in some areas of the capital will now be able to turn to a chatbot for health advice from the NHS with a new smartphone app powered by artificial intelligence. London startup Babylon Health has partnered with one of the capital's NHS Trusts for a six month trial of the technology which is being pitched as an alternative to [...]
Who owns London? The capital’s biggest landowners: Qataris own as much land as the Queen and TfL put together March 17, 2017 A company part-owned by the Qataris own almost as much land in the capital as Transport for London and the Queen put together, a new ranking has suggested, while the City of London was ranked second. Figures compiled by Datscha for property trade bible Property Week showed Canary Wharf Group, which is joint-owned by Qatari [...]
This is the London borough with the most empty homes April 21, 2017 Kensington and Chelsea has overtaken Lambeth as the London borough with the most empty houses. Lambeth had the most unused properties back in 2006, followed closely by Croydon, but the empty housing stock in these areas has now been occupied. In England as a whole, there are 200,145 empty homes, which are worth £43bn in [...]
Revealed: Notes coffee shop nets £600,000 loan from challenger bank OakNorth to open two new London branches, despite Brexit uncertainty March 13, 2017 Notes has struck a deal for a £600,000 loan to open two further branches in London, including its largest site to date, City A.M. has learnt. The coffee shop and wine bar chain, which already has six sites dotted around the capital, hopes to push ahead with aggressive growth plans in the near future and the [...]
Westminster becomes first council to request higher retention of business rates for £409m investment programme February 15, 2017 Westminster council has become the first in the UK to urge the government to allow it to keep a higher proportion of its commercial property taxes. A conglomerate representing the West End has put in the application on behalf of the Westminster council and others, City A.M. can reveal. The West End Partnership (WEP), which represents [...]
Commuter chaos during morning rush hour as Northern Line disrupted by faulty train and Piccadilly Line woes continue November 30, 2016 Commuters using the Northern Line this morning are facing severe delays due to a faulty train. There is no service between Camden Town and Edgware and severe delays between Camden Town and Kennington, with minor delays on the rest of the line. https://twitter.com/northernline/status/803873580408852480 https://twitter.com/northernline/status/803878116003348480 There is also no service from Finchley Central to Mill Hill [...]