Lloyd’s chair slams plans for Shard-height skyscraper next to Leadenhall Market July 2, 2024 The chairman of Lloyd's of London has objected to plans for the building of a new Shard-scale skyscraper in the City of London
Sadiq Khan sets aside £43m for Londoners struggling to keep homes warm May 31, 2022 London mayor Sadiq Khan has set aside £43m to boost his Warmer Homes programme, which seeks to support those in poorly insulated properties. With energy bills expected to rise again this winter, amid a cost of living crisis, Khan is looking to create grants of between £5,000 and £25,000 available to low-income households. Energy regulator [...]
London retains crown as Europe’s top city for foreign investment – but investment remains subdued May 31, 2022 London has retained its crown as Europe’s most attractive city for foreign investment despite a slower-than-expected recovery from a pandemic slump, fresh data has revealed.
Exclusive: London is the Silicon Valley of Europe, but ‘can not afford to sit on its tech laurels’ May 30, 2022 Forbes heralded London recently as the Silicon Valley of Europe as the capital proved to be “Brexit-proof” with around 18,500 new startups registering in 2021 alone. Although hybrid working has been adopted by many companies, London remains a place where giants such as Google, with its King’s Cross ‘landscraper’, nestle with newer companies such as fintech boomer Revolut, [...]
Decade-high BP profit take boosts London’s FTSE 100 May 3, 2022 The best underlying profit take from one of the UK’s biggest oil giants in a decade sent London’s top index higher today. The capital’s FTSE 100 index climbed 0.22 per cent to close at 7,561.33 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped [...]
London top indexes post stellar day on commodities boom March 2, 2022 London top indexes staged a stellar day yesterday as investors poured into industrial stocks as commodity prices soared. The capital’s premier FTSE 100 index climbed 1.36 per cent to 7,429.56 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, advanced 1.34 per cent to 20,775.82 points. [...]
Google feels lucky in London: Tech giant bets big on London office space in major boost for capital’s global status January 14, 2022 Google is set to pump almost three quarters of a billion into London in a major vote of confidence in the capital’s post-Brexit future. The tech giant has snapped up the entirety of the Central Saint Giles development in which it currently leases office space, marking a major step change in the firm’s commitment to [...]
London shoppers evacuated from Oxford Street after gas leak April 4, 2022 Shoppers have been evacuated from Oxford St after emergency services have shut down the West End shopping destination. The Met closed several streets in the area on Monday afternoon, including Poland Street, Berwick Street, Oxford Street, Noel Street, Wardour Street and Great Marlborough Street. In a tweet, the police force said: “Please can we make [...]
Trio of 304mph Bugatti hypercars delivered to London January 31, 2022 Three examples of the record-breaking Bugatti Chiron Super Sport 300+ have come to the UK. They account for 10 percent of the production run.
London retail recovers after Storm Eunice footfall hit February 28, 2022 London’s shopping destinations rebounded last week as crowds returned to the heart of the capital with gusto. Footfall leaped 17 per cent in central London last week, compared to the week prior, according to retail experts Springboard. It was also 374.3 per cent busier compared to the same week last year, when the country was [...]