London IPOs in decline since Brexit vote as British companies flock to New York June 24, 2022 London’s IPO market share has dropped since the Brexit vote as British companies seek to list in New York. Listings in the UK are at their lowest in over 10 years despite the government relaxing some rules to attract IPOs and make London a post-Brexit listings favourite. IPO activity in the country dropped to about [...]
Aldi raises pay for 26,000 shop staff with Londoners to be paid £11.95 an hour July 25, 2022 Aldi has announced it is raising store assistant pay further, with Londoners to receive £11.95 minimum per hour from the autumn. The discount supermarket said this pay increase means it retains the crown of the country’s best-paying grocer, with store assistants outside the M25 to receive a base pay of £10.50 an hour. Some 26,000 [...]
Transport for London’s haphazard funding model must now be made fit for the future June 22, 2022 SINCE the pandemic wiped out much of Transport for London’s fares income, London’s transport network has faced an existential crisis. The Elizabeth Line’s opening was a rare upbeat moment in a miserable couple of years of uncertainty for the city.
First in 40 years: Investigation underway after polio detected in London sewage system June 22, 2022 The country has been placed on alert after polio was detected in London sewage despite the country having been free of it since 2003. The UK Health and Security Agency said it is investigating after poliovirus samples were found at London Beckton Sewage Treatment Works. It is working with the Medicines and Healthcare products Regulatory [...]
Homebuyers flood back to London amid return to office February 21, 2022 Movers are flocking back to London as the spectre of the Covid-19 crisis over the capital’s housing market fades away, reveals fresh figures published today. The scrapping of restrictions on daily life to curb infections and the return to the office is driving homebuyers to put London back at the top of their desired locations. [...]
London indexes slump amid Russia-Ukraine escalation February 21, 2022 London’s top indexes plunged yesterday as investors were spooked by an apparent escalation in Russia-Ukraine tensions. The capital’s premier FTSE 100 index lost 0.39 per cent to dip to 7,484.33 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, dropped 1.24 per cent to 21,097.19 points. [...]
Instagram teams up with London ID firm Yoti to test age verification feature June 23, 2022 Instagram have teamed up with London-based startup Yoti to test a new age verification feature for 18 and over accounts.
Heatwave: London fire chief calls for urgent barbecue ban as blazes rage in record heat July 19, 2022 An urgent and immediate ban on disposable barbecues has been called for by the London Fire Brigade as multiple blazes rage across the country. The emergency service said it had attended more than 1,000 grass and open land fires since the start of June, as the UK recorded its hottest ever temperature today. The Brigade’s [...]
ASOS to debut on main market of London Stock Exchange February 21, 2022 Online fashion retailer ASOS will make its debut on the main market of the London Stock Exchange on Tuesday morning. In a confirmatory note yesterday, the retailer said its ordinary shares would be admitted to trading on the main market of the LSE. Monday was the retailer’s last day of trading on AIM, with shares [...]
Hybrid capital: London takes world’s number 1 spot as global hub for remote workers July 23, 2022 London is the top city in the world for global, remote workers, followed by Toronto and Buenos Aires. The UK is home to the most organisations hiring global, remote working in the EMEA region, followed by Germany and France, respectively. The first half of this year saw a 154 per cent increase in UK employers [...]